As per a new report, a combined total of 23 entrepreneur applicants were sent Invitations to Apply (ITA) under the latest Nova Scotia Nominee Programme (NSNP) draw conducted on March 27. Out of the total, 22 aspirants obtained the ITAs, via the NSNP’s Entrepreneur Stream for experienced business owners or senior business managers, who wish to reside in the region even as the other invitation was through the International Graduate Entrepreneur Stream of the NSNP.
As per the information that we have on the subject, the Entrepreneur Stream invitations trail the preceding draws from the stream conducted on February 20 and January 16 that reportedly sent invites to a combined total of 49 entrepreneur aspirants to submit an application for sanction by the Nova Scotia Nominee Programme (NSNP). The aspirants, who have received invitations, have roughly three months or 90 days from the release of the Invitation to Apply (ITA) letter, to present a complete petition.
After a person gets approval from the NSNP and later the Immigration, Refugees and Citizenship Canada (IRCC), for their application submitted for a Work Permit, it is mandatory that the entrepreneur either launches a new business or purchases an already running firm/venture, and actively takes part in its daily administration. Post running the business for a year, the entrepreneur may look forward to getting nomination from the province for the prized Permanent Resident standing.
The initial step for the candidates, keen in either scheme, is to present an Expression of Interest (EoI) to the Nova Scotia Nominee Programme (NSNP).
For those not tuned in, the NSNP Entrepreneur Stream is basically tailored to draw those who want to either launch or buy a business and settle permanently in the province. This category is for the experienced business proprietors and high-ranking business managers who are keen to reside in the province and take part in the everyday running of the firm/venture.