Nova Scotia Entrepreneur Draw: Province Issues 30 Invitations Through 2 Streams

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Nova Scotia Entrepreneur Draw: Province Issues 30 Invitations Through 2 Streams
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Canada immigration news: Nova Scotia immigration has issued 30 invitations through two streams in a new business immigration draw through the Nova Scotia Nominee Program.

The September 13 draw saw 28 invitations issued through the Entrepreneur stream, with a minimum score of 120.

It also saw two invitations issued through the International Graduate Entrepreneur stream, this time with a minimum score of 57 points.


Nova Scotia Entrepreneur 2021 Draws

Draw date

Stream

Number of invitations

Score of lowest-ranked candidate invited

13-Sep-21

Entrepreneur

28

120

International Graduate Entrepreneur

2

57

03-May-21

International Graduate Entrepreneur

2

44

24-Feb-21

Entrepreneur

43

118


Read More Canada Immigration News

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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.

Nova Scotia International Graduate Entrepreneur Stream

The International Graduate Entrepreneur stream is similar to the Entrepreneur stream, only aimed at recent graduates from a Nova Scotia university or the Nova Scotia Community College. They must have started or purchased a Nova Scotia business and operated it for a year on a Post-Graduation Work Permit.

Candidates are nominated for permanent residence if they intend to settle in the province. The stream works on an Expression of Interest format similar to the Entrepreneur stream.

International Graduate Entrepreneur: Steps

  1. Expression of Interest
  2. Invitation to Apply
  3. In-Person Interview and Nomination
  4. Apply for Permanent Residence

International Graduate Entrepreneur Stream: Candidate Requirements

  • Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
  • Minimum one year of continuous experience actively managing and owning your current Nova Scotia business (100 per cent ownership).
  • Have completed a degree or diploma including minimum 2 academic years of full-time, in-person study at a Nova Scotia university or the Nova Scotia Community College.
  • Valid post-graduation work permit.
  • Minimum score of 7 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French.
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