The NBPNP Entrepreneur Stream allows New Brunswick to recruit and nominate qualified business investors and entrepreneurs from around the world who have the intent and ability to start or purchase businesses in New Brunswick.
The program’s objective is to stimulate economic growth and create jobs in New Brunswick. Immigrant entrepreneurs who are selected to participate in the program will be issued permanent resident visas for themselves and their family members. In order to demonstrate their commitment to establishing a business, successful applicants must make a deposit of CAD $100,000 with the NBPNP. Participants who successfully complete all NBPNP Entrepreneur Stream requirements will have their $100,000 returned.
Inquiry NowAs part of the application process, the personal net worth of the primary applicant must be verified by a qualified supplier. The cost of the review is typically in a range of CAD $3,000 to CAD $5,000. The applicant must give the qualified supplier access to all documentation (such as bank statements, investment statements, and proof of property ownership) that the qualified supplier needs to verify his or her net worth.
In addition to making sure the application is complete there are three main areas where an RCIC can help.
Immigration Strategy and Option: An RCIC can advise you on the different options that are available to you to obtain permanent residence in Canada and explain the pros and cons of each option. It is important you choose the best immigration program from the start as this will likely save you time and money in the long run.
Professional Representation: If you do not have a representative assisting you then you will probably only submit the required documentation listed on the PNP or IRCC checklist. Submitting only these documents may be enough to result in a favorable decision. However, submitting only those documents sometimes is not enough to make your case and to satisfy the visa officer you meet the requirements of the visa. Generally, it is wise to submit as much evidence as you can above and beyond the minimum required by the PNP office or IRCC. Your representative can assist you in preparing and submitting a strong application by identifying the weaknesses in your application and advising you how to strengthen your application.
Submission letter: An RCIC will prepare and submit a submission letter on behalf of the applicant along with the application. The submission letter is an important part of the application which summarizes and more importantly demonstrates why you meet the requirements of the visa.
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Find out whether you qualify to Canada by completing our free evaluation form We will provide you with our evaluation within 1-2 business days.