Provincial Nomination Programme (PNP) is the path using which various Canadian provinces can nominate candidates who wish to live and work in the Maple Leaf Country, in a specific province. It is an easy and fast-track option for those who wish to acquire Canadian Permanent Residency (PR). Except Quebec, each province has its separate Provincial Nomination Programme.
The Citizenship and Immigration Canada has introduced Provincial Nominee Program (PNP) to meet the growing demand of workforce across the country. Therefore, for those who wish to acquire Canadian PR, the PNP is the most reliable and easy way out. Provincial Nominee Programme (PNP) is more beneficial for – Businessman and Investors.
Business and investors immigration to the ‘Land of Milk and Honey’ consists of the several Provincial Entrepreneur programmes, Quebec Investor Programme, the Federal and Quebec Self-Employed Programmes, Quebec Entrepreneur Programme, and the Federal Start-Up Visa Programme.
Various provinces have been using the PNP to welcome new entrants, to stimulate its economy, and meet the growing demand of skilled workers in their provinces. Each PNP is designed considering the demand of certain province, and accordingly candidates are selected. Efficient aspirants with the ability to live and work in a region permanently and contribute towards the growing demand of economy and community are given preference.
Where as many self Business and Entrepreneur Programmes intend to attract candidates with mid range capital who wish to start a business venture, while the Investor Programme suits candidates with high capital to invest with a no intention to start a business venture.
Now let’s have a look of some of the Provincial Nominee Programmes (PNP) – Businessman and Investors
Ontario: The province aims to attract as many as 5,200 investors during the 2015 and this includes both Opportunities Ontario and Ontario Express Entry. To apply, an investor must be willing to make an investment of at least $3,000,000 with an ability to create at least five full time jobs for the Canadian or province citizens.
British Columbia (BC): Those who wish to live and work in the BC may consider the following PNP Programmes:
- Entrepreneur
- Regional Entrepreneur
- Strategic Projects
The net worth required under each of the category varies
Manitoba: It is one of the popular provinces in Canada and a large number of businessman and investors choose Manitoba over other Provinces. Among many, the Manitoba Provincial Nominee Immigration Programme for Businessmen is quite popular. You may permanently live and work in the province if you have net capital of $350 000 to start a business in the province.
An ideal candidate must have three years of business experience or own a farm and must be initially willing to make an investment of $150,000 or willing to purchase 33.3% of a business in Manitoba. If your petition is approved, you will have to deposit a $75 000 to the Manitoba government which is refundable when you have made a investment or your business/firm becomes operational.
Besides, businessman and investors have endless opportunities in provinces, like New Brunswick, Prince Edward Island, Yukon, etc.
