Manitoba, Canada Entrepreneur PR Visa
Out of many valid visa paths used for immigration to Canada, the Manitoba Entrepreneur Permanent Residency (PR) Visa is one of the most apt visa paths for those who wish to make it BIG at the global stage.
The province proffers many health and safety benefits which cannot be ignored while starting the migration plans. Though many opportunities lie ahead for the aspirants for grabbing the PR of the Maple Leaf Country, crossing the nation’s borders on business grounds is perhaps the easiest way amongst all.
While selecting the choice of immigration, if the individual plays attention to a few of its eligibility criteria, then the entire process fosters hassle-free entry.
To make the whole process easy and convenient, the Manitoba Provincial Nominee Programme (MPNP) allows the province to select the candidate and grant him with the rights to work, start his own business, or continue with the existing venture.
Manitoba, Canada Entrepreneur PR Visa Requirements
With the sole aim of making contribution to the economy, it asks for the fulfillment of certain terms & conditions, and the aspirants who meet these requirements successfully, are the immediate migrants to the named place.
Now let’s take a look at the requirements!
Minimum Net Worth–Manitoba the beautiful province of Canada asks for certain minimum investment made by the candidate. He needs to possess around 350,000 Canadian Dollars.
Minimum Investment–The bare minimum investment needed for Manitoba under the Entrepreneur PR Visa category is 150,000 Canadian Dollars, apart from the 100,000 Canadian Dollars refundable deposit. In case a person fails to fulfill the different terms and conditions of the deposit contract and also fails to execute the offered business plan, via making an investment of the compulsory amount, the 100,000 Canadian Dollars deposit is forfeited.
In the Farm Strategic recruitment Initiative the good-faith deposit is 75,000 Canadian Dollars. It is mandatory that this amount is handed over to the concerned body, the Manitoba Development Corporation, post a nomination certificate is given and before submitting an application for PR.
Mandatory Condition–For carrying-out any business activity in the province, an applicant needs to have a minimum of three years of relevant experience. Not meeting this eligibility of work experience may deny the further processing of the visa application. He should possess all the relevant proofs clearly stating that he is engaged in that specific work for at least three years during the last five years. His managerial experience will shoot up his chances of grabbing the Entrepreneur Visa for the province.
Legally Earned Capital–The Maple Leaf Country–well-known for offering safety and health facilities to its citizen–ensures that only honest people enter into the province. With the only goal of the investments the candidate needs to present enough proofs stating that the invested funds in the firm/venture is legitimately earned by him, and not assembled with any kind of fraud or cheating activity. Just announcing the income or the bequest of assets is hardly any adequate information to satisfy the organization that the applicant has earned such income or attained assets earlier. The candidate must furnish the particulars of his earnings from every source, comprising capital profits, rent payment, among others.
Police Verification–While targeting Entrepreneurial Visa for Manitoba, a candidate needs to go through the mandatory police verification. While his application is in process, he is asked to submit a police certificate ensuring that he is not involved in any kind of illegal activity, and the investment capital is legally earned by him through carrying on a legal business in his country.
Health Check-up–Manitoba doesn’t want any diseased person to enter its province. The applicants with health issues do not get entry to the place. Any kind of health problem that may cause health issues to the citizens of Manitoba are not allowed to enter. A candidate needs to go through a complete medical exam stating that he is fit and healthy to continue with business activities in the province. After his application is approved, he will be asked to go through medical check-up and submit his reports.
Stay Active in the Business–It’s not only the investments that are asked from the candidate, he needs to stay active in the business as well.
