Nova Scotia Conducts Entrepreneur Draw, Invites 43 Candidates

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Nova Scotia Conducts Entrepreneur Draw, Invites 43 Candidates
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Nova Scotia immigration has issued invitations to apply to Entrepreneur Stream candidates in a new business immigration draw.

The draw, which took place on February 24, saw 43 invitations issued through the Nova Scotia Nominee Program, with the lowest-ranked candidate scoring 118 points.


Nova Scotia Entrepreneur Draw Details

Draw date Stream Number of invitations Score of lowest-ranked candidate invited
24-Feb-21 Entrepreneur 43 118

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Nova Scotia Entrepreneur Stream

The Nova Scotia Entrepreneur stream targets candidates with business ownership or senior management experience. They must live in Nova Scotia, either start a new business or buy an existing business, and actively participate in the day-to-day management of that business.

Under the Entrepreneur stream, candidates are first issued a temporary work permit before applying for permanent residence after operating the business for a year. The stream uses an Expression of Interest format, where candidates in a pool are invited to apply.


How Do I Qualify For The Nova Scotia Entrepreneur Stream?

  • Expression of Interest
  • Invitation to Apply
  • In Person Interview and Business Performance Agreement
  • Work Permit and Business Establishment in Nova Scotia
  • Request for Nomination
  • Apply for Permanent Residence

Nova Scotia Entrepreneur Stream: Candidate Requirements

  • Be aged 21 or older.
  • Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
  • Minimum net worth of $600,000.
  • Minimum investment of $150,000 to establish or purchase a business in Nova Scotia.
  • Minimum 3 years of experience actively managing and owning a business (33 per cent ownership minimum) OR more than 5 years of experience in a senior business management role.
  • Score minimum of 5 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French.

 

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