Ontario Entrepreneur Stream
The Ontario Entrepreneur Stream is tailored for experienced entrepreneurs who want to establish a new business or acquire an existing one in Ontario. This stream, operated under the Ontario Immigrant Nominee Program (OINP), aims to attract individuals capable of driving economic growth and creating jobs in Ontario.
Why Choose the Ontario Entrepreneur Stream?
- Business Opportunities: Establish or purchase a business in Ontario’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 Ontario government.
Why Partner with Our Immigration Consultancy?
Navigating the Ontario Entrepreneur 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 OINP.
- 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 Ontario.
- 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 Ontario Entrepreneur Stream:
Requirement | Details |
|---|---|
| Business Experience | Minimum of 24 months of full-time business experience in the last 60 months as an owner or senior manager. |
| Net Worth (Greater Toronto Area) | Minimum of CAD $800,000 if the proposed business is within the Greater Toronto Area (GTA). |
| Net Worth (Outside GTA) | Minimum of CAD $400,000 if the proposed business is outside the GTA. |
| Investment (Greater Toronto Area) | Minimum of CAD $600,000 and ownership of at least 33.3% of the business if within the GTA. |
| Investment (Outside GTA) | Minimum of CAD $200,000 and ownership of at least 33.3% of the business if outside the GTA. |
| Job Creation (Greater Toronto Area) | Create at least two full-time jobs for Canadian citizens or permanent residents if within the GTA. |
| Job Creation (Outside GTA) | Create at least one full-time job for a Canadian citizen or permanent resident if outside the GTA. |
| Exploratory Visit | Required if purchasing an existing business. |
| Language Proficiency | CLB Level 4 or higher in English or French. |
| Business Plan | Detailed 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 Ontario. |
Get Started with Us Today!
Embark on your entrepreneurial journey in Ontario with confidence. Our dedicated team at GEMS is ready to assist you in every step of the Ontario Entrepreneur Stream application process. For more information, please contact us or visit our official website.