New Brunswick modified its entrepreneurial immigration project

New Brunswick modified its entrepreneurial immigration project

New Brunswick modified its entrepreneurial immigration project

 

In January 2021, New Brunswick has changed its Entrepreneur Stream of the New Brunswick Provincial Nominee Program to a new model where the applicant must obtain a work permit before applying for a provincial nomination. All entrepreneurs will also have to sign the Business Performance Agreement and operate a business for a minimum of 1 year. Only after this stage, candidates will be able to apply for permanent residency. Earlier, New Brunswick was the only province in Canada that offered a one-step application for permanent residency through the entrepreneurial stream. From now on, the entrepreneurial streams in all provinces, except Quebec, will adopt a model in which the provincial immigration departments will first review the investment and entrepreneurship of enterprises in the local area, and then issue provincial nomination invitations.

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