New Brunswick Entrepreneurial Stream
The New Brunswick Entrepreneurial Stream is designed for experienced business owners and senior managers who wish to establish, operate, and actively manage a business in New Brunswick. This stream, part of the New Brunswick Provincial Nominee Program (NBPNP), aims to attract individuals who can contribute to the province’s economic growth and job creation.
Why Choose the New Brunswick Entrepreneurial Stream?
- Business Opportunities: Establish or purchase a business in New Brunswick’s thriving economy.
- Pathway to Permanent Residency: Secure a future in Canada for you and your family.
- Government Support: Benefit from resources and support offered by the New Brunswick government.
Why Partner with Our Immigration Consultancy?
Navigating the New Brunswick Entrepreneurial Stream can be complex, but our experienced consultants are here to simplify the process. We offer personalized guidance every step of the way, ensuring your application is strong and complete. Here’s how we can help:
Our Comprehensive Application Process
- Initial Consultation: Schedule a consultation with our experts to discuss your business idea and qualifications.
- Expression of Interest (EOI): We assist in preparing and submitting a compelling EOI to the NBPNP.
- Invitation to Apply (ITA): If selected, we guide you through completing a thorough and accurate application.
- Business Establishment: Once approved, we support you in establishing or purchasing your business in New Brunswick.
- Permanent Residency Nomination: After meeting the business performance agreement, we assist you in securing a nomination for permanent residency.
Key Requirements
Our team ensures you meet all the specific requirements for the New Brunswick Entrepreneurial Stream:
| Requirement | Details |
|---|---|
| Business Experience | Minimum of three out of the last five years of experience in owning and managing a business (with at least 33.33% ownership) or five years of experience in a senior business management role. |
| Net Worth | Minimum of CAD $600,000 in net worth. |
| Investment | Minimum of CAD $250,000 to establish or purchase a business in New Brunswick. |
| Age | Applicants must be between 22-55 years old. |
| Job Creation | Create at least one full-time job for a Canadian citizen or permanent resident. |
| Exploratory Visit | Required to gain a better understanding of New Brunswick’s business environment and opportunities. |
| Language Proficiency | CLB Level 5 or higher in English or French. |
| Business Plan | Comprehensive business plan outlining the proposed business, market analysis, and financial projections. |
| Business Performance Agreement | Agreement outlining the terms and conditions for establishing the business in New Brunswick. |
Get Started with Us Today!
Embark on your entrepreneurial journey in New Brunswick with confidence. Our dedicated team at GEMS is ready to assist you in every step of the process. For more information, please contact us.