Canadian Residency is something that one wants to acquire when they think of Canada Immigration. Do you know you can easily acquire the same through the New Brunswick Investment Programme Canada? The constitutionally bilingual province is smallest out of the three Maritime Provinces. It offers innumerable benefits to the investor-immigrants keen to invest here.
Several successful companies have discovered the country’s best kept investment secret and that is New Brunswick. It offers everything that the investor requires to expand and make easy profit, thus, success is natural here.
The smallest province is located on the country’s East Coast and easily accessible through sea, land and air. Given this, the business cost is low not only in Canada but among its neighboring country the US also. Well educated workforce is its USP and thus the province naturally becomes an easy choice for foreign investors.
The New Brunswick PNP
It is comparatively small, as it is one of the smallest Canadian provinces. This is an altogether different issue that its business scheme enjoys widespread popularity and happens to be one of the most well-liked also.
The PNP immigration schemes of the province are categorized into three streams, namely, one class for the candidates with employment offers, one class for candidates with a family member in the province, and one class for the candidates planning to invest in a business undertaking in the province.
Here, we will discuss the number three, namely, the New Brunswick Investment Programme.
Numerous provinces run and manage entrepreneur classes whereby an individual submits an application for the much sought after Permanent Residence in Canada, on the foundation of an investment in a business undertaking inside the province. The exceptional component to the PNP stream of New Brunswick is that it boasts of the lowest minimum investment condition across all Canadian provinces.
To make the cut under the stream, applicants are required to score minimum passing marks, i.e., 50 points. Points can be earned on the basis of various factors, such as experience, language proficiency, age, adaptability, and education.
Besides, the applicant must also fulfill the following requirements:
It is essential that prospective investors meet the following eligibility criteria:
What is the tax rate?
The province has relatively low corporate tax rate in entire Atlantic Canada and is most competitive as compared to other Canadian provinces.
New Brunswick has excellent winning workforce.
Note: For the time being, the scheme has been suspended.