All You Need To Know About Nova Scotia Provincial Nominee Programme For Entrepreneurs

Nova Scotia Provincial Nominee Programme

Nova Scotia is essentially a thriving Maritime region in Canada with Halifax as its capital city where most economic activities in the region usually take place. The presence of first-rate universities and hospitals in Halifax makes it a very bustling metropolis.

Being well connected to the sea, it proffers amazing coastline even while it is famous across the globe for its mouth-watering seafood. Fredies Fantastic Fishhouse, The Barrington Steakhouse and Oyster Bar, McKelvie’s Delishes Fishes Dishes, The Five Fishermen…these are just some of the celebrated restaurants in the region that specialize in seafood.

Nova Scotia Provincial Nominee Programme
Nova Scotia Provincial Nominee Programme

Because of these and other attractions, living and working in Nova Scotia is like a dream come true for many.

Nova Scotia Provincial Nominee Programme

Basically, the scheme can be claimed under four different streams –

  1. Nova Scotia Demand
  2. Nova Scotia Experience
  3. Skilled Worker Stream
  4. Family Business Worker Stream

Nova Scotia Provincial Nominee Programme for Entrepreneurs

It is especially crafted for all those non Canadian nationals who wish to migrate along with their family and dependents to the province. On the successful acceptance under the scheme, a person is set on the fast track of seizing the cherished Permanent Residency (PR) of Canada. Under its Express Entry procedure, it takes six months to go through the entire proceedings.

As per a new report, the province is creating more categories so that more skilled workers may move to it. It is expected that the Halifax economy will increase in the coming 10 years. Depending on the success and growth rate, it is the fastest growing city in the country.

The significant change that is likely to take place in the province is thanks to its 25 billion Canadian Dollars Federal Government contract that would create 1000s of work opportunities in the region even while the Nova Scotia Nominee Programme 2017 is one of the ways which will be adopted to meet the crunch. This will provide opportunities to the qualified migrants who wish to create jobs and actively participate in the economy of the province.

For successful entry in the province under the Nova Scotia Provincial Nominee Programme for Entrepreneurs the wishful migrants should possess capital worth 150,000 Canadian Dollars. The province asks for the mandatory two year work permit that clearly shows that the applicant is interested in both living and running a business in the region.

These are some of the factors on which the applicant is judged upon before granting nomination for the said programme.

To meet the specific needs of the contract many upcoming opportunities will invite more migrants to the area– either by acquiring nomination or through their exclusive skills.

Nova Scotia Provincial Nominee Programme for Entrepreneurs Eligibility

In order to submit an application the applicant must:

  1. Be either 21 years old or more than this.
  2. Express a desire to stay permanently in the region while owning and enthusiastically supervising a Nova Scotia venture/enterprise.
  3. Hold a net worth of at least 600,000 Canadian Dollars.
  4. Be in a position to make an investment of a minimum of 150,000 Canadian Dollars of his personal money to create a venture/enterprise in the province.
  5. Be armed with not less than 3 years of experience dynamically administering & having a venture (not less than 33.3% proprietorship) OR above 5 years of experience in a high-ranking business running role.
  6. Be armed with a score of not less than 5 on the Canadian Language Benchmark in speaking, listening, reading & writing in either of these specific languages, namely, English and French.
  7. Successfully conclude an online Expression of Interest (EoI).
  8. Get an Invitation to Apply (ITA) from the concerned organization, namely, the Nova Scotia Office of Immigration (NSOI).

PR Benefits

Once in a province, a candidate enjoys several PR benefits. Some of them are:

  1. Amazingly good healthcare and retirement benefits that are specially created for the residents.
  2. Earning in dollars.
  3. Free education for the migrants’ kids.
  4. The right to sponsor relatives and ask them to join and take up the various work opportunities.
  5. The right to move to many nations without any visa formalities.

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