The Ontario Entrepreneur Stream of the Ontario Immigrant Nominee Programme targets experienced business owners or senior managers who want to live in Ontario. Successful applicants must create or purchase a firm they run daily.
The application process
(1) Register expression of interest.
(2) Candidates invited to apply have 90 days to apply online.
(3) Mandatory in-person interview at Ontario OINP offices
(4) If authorized, the applicant must sign a Performance Agreement.
(5) An applicant can apply to IRCC for a temporary work permit with a support letter.
(6) Applicants in Canada have 20 months to implement their business plan.
(7) If the firm meets all standards, the candidate must submit papers to be nominated for permanent residency.
Eligibility
(1) Ontario candidates must submit a detailed business plan.
(2) Candidates must demonstrate the desire, skills, and funds to run an Ontario business.
(3) Required: 24 months of full-time business experience in the last 60 months.
(4) The candidate needs CAD 800,000 in net worth. The applicant must also contribute CAD 600,000 personally.
(5) Must actively handle the business daily.
(6) Business must focus on profit.
(7) The company must create two full-time Canadian employment