Provincial Nomination Programs – Entrepreneur Category:
Province | Minimum personal net worth | Minimum investment | Business management experience | Business plan | Government deposit | Performance agreement | Exploratory visit | |
British Columbia | $600,000 | $200,000 | Required | Required | Not Required | Required – If the requirements are met within 20 months, the BC PNP will nominate the individual for permanent residence. | Recommended | |
Manitoba | $350,000 | $150,000 and ownership of at least 1/3 of an eligible business | Required – Previous business ownership or a minimum of 3 years of senior management experience | Required | $100,000 refundable deposit | Participate in the day-to-day management of business | Recommended | |
New Brunswick
SUSPENDED |
$300,000 | $125,000 | Required – previous business ownership or senior management experience | Required | $75,000 refundable deposit | Participate in the day-to-day management of business | Required at least 5 days | |
Northwest Territories | $500,000 (if buying a business in the city of Yellowknife) | $300,000 in a business in the city of Yellowknife | Required | Required | $75,000 refundable deposit | Required in order to obtain a work permit | Required | |
Ontario | – | $3,000,000 and ownership of at least 1/3 of a business OR make an investment of $1,000,000 | Required | Required | Not Required | Participate in the day-to-day management of business & create at least 5 new jobs for Canadians or permanent residents | Required | |
Prince Edward Island 100% Ownership |
$600,000 | $150,000 | Required | Required | $200,000 | Participate in the day-to-day management of business | Required | |
Prince Edward Island Partial Ownership |
$600,000 | $150,000 and ownership of at least 1/3 of a business OR make an investment of $1,000,000 | Required | Required | $200,000 | Participate in the day-to-day management of business | Required | |
Quebec
CAPPED OUT |
$300,000 | $100,000 – representing at least 25% of capital equity | Required -minimum of 2 years of business management experience in the last 5 years | Required | Not Required | Participate in the day-to-day management of business | Recommended | |
Saskatchewan | $500,000 | $300,000 in Saskatoon or Regina OR $200,000 in any other community AND ownership of at least 1/3 of an eligible business | Required – minimum of 3 years of business management experience | Required | Not Required | Participate in the day-to-day management of business & create new jobs for Canadians or permanent residents | Required, for purposes of purchasing or part-purchasing a business | |
Yukon | $250,000 (including $150,000 in liquid assets) | $150,000 and ownership of at least 1/3 of a business | Required -minimum of 1-2 years of business management experience | Required | Not Required | Not required, Instead, the principal applicant will have a letter of support in order to obtain a work permit | Not required, but an interview must take place in Yukon. | |
**additional deposit of $10,000 if language results are below Canadian Language Benchmark 5
** Additional selection criteria may apply for each province. |