Did you know, investing in a Canadian province can get you direct PR?
That’s right!
Provinces in Canada offer a variety of pathways to apply for Canada PR visa – that attract entrepreneurs, investors and self-employed persons to contribute to the economy – in return for benefits including permanent residency, business growth, public healthcare, PR for your family, and much more!
Most provinces in Canada have their own streams for such individuals – which are generally classified under Provincial Entrepreneur Programs. These options are perfect for those with low IELTS scores or low education. All they need is a good investment capacity.
Coming into 2024, here are the best options.
How to get Canada PR by Investment under a PNP?
British Columbia
- BC Entrepreneur Immigration: Must establish a new business or invest in an existing business in British Columbia. Candidates must be able to invest at least $200,000 and have a net worth of at least $600,000. Minimum CLB level 4 and meet other program requirements.
- BC Entrepreneur Immigration – Regional Pilot: Start a business in BC’s regional community. Candidates must be able to invest at least $100,000 and have a net worth of at least $300,000. Candidates must be able to invest at least $200,000 and have a net worth of at least $600,000.
- BC Entrepreneur Immigration – Strategic Projects: For foreign-controlled companies establishing an eligible business in BC. Candidates must be able to invest at least $500,000 and create at least 3 new jobs for Canadian citizens or permanent residents.
Alberta
- Alberta Farm Stream: For candidates who want to invest in Alberta’s farming business. Candidates must be able to invest at least $500,000 and have a net worth of at least $500,000. Meet other program requirements.
- Alberta Foreign Graduate Entrepreneur Stream: For qualified foreign graduates outside Canada who wish to stay permanently upon starting a business in Alberta. Candidates must be able to invest at least $100,000. Minimum CLB level 5 and meet other program requirements.
- Alberta Graduate Entrepreneur Stream: For qualified graduates from an Alberta post-secondary institution. Establish a business in Alberta with at least 34% of ownership. Minimum CLB level 7 and meet other program requirements.
- Alberta Rural Entrepreneur Stream: For candidates who want to invest in Alberta’s rural communities. Candidates must be able to invest at least $200,000 and have a net worth of at least $300,000. Minimum CLB level 4 and meet other program requirements.
Saskatchewan
- Saskatchewan Entrepreneur Stream: For candidates who want to start a business in Saskatchewan. Candidates must be able to invest at least $300,000 and have a net worth of at least $500,000. Meet other program requirements.
- Saskatchewan International Graduate Entrepreneur Stream: For qualified foreign graduates outside Canada who wish to immigrate to Canada permanently upon starting a business in Saskatchewan. Establish a business in Saskatchewan with at least 33% of ownership. Minimum CLB level 7 and meet other program requirements.
Manitoba
- Manitoba Entrepreneur Pathway: For candidates who want to start a business in Manitoba. Candidates must be able to invest at least $250,000 and have a net worth of at least $500,000. Minimum CLB level 7 and meet other program requirements.
- Manitoba Farm Investor Pathway: For candidates who want to invest in Manitoba’s farming business. Candidates must be able to invest at least $300,000 and have a net worth of at least $500,000. Meet other program requirements.
Nova Scotia
- Nova Scotia Entrepreneur Stream: For candidates who want to start a business in Nova Scotia. Candidates must be able to invest at least $150,000 and have a net worth of at least $600,000. Minimum CLB level 5 and meet other program requirements.
Ontario
- Ontario Entrepreneur Stream: Must establish a new business or invest in an existing business in Ontario. Candidates must be able to invest at least $600,000 and have a net worth of at least $800,000. Meet other program requirements.
New Brunswick
- New Brunswick Entrepreneurial Stream: Must establish a new business or invest in an existing business in New Brunswick. Candidates must be able to invest at least $250,000 and have a net worth of at least $600,000. Minimum CLB level 5 and meet other program requirements.
- New Brunswick Post-Graduate Entrepreneurial Stream: For qualified graduates from a New Brunswick post-secondary institution. Establish a business in New Brunswick with 100% of ownership. Minimum CLB level 7 and meet other program requirements.
Prince Edward Island
- Prince Edward Island Business Impact Category: For candidates coming to PEI on a work permit and operating a business. Have a net worth of at least $600,000. Minimum CLB level 4 and meet other program requirements.
North West Territories
- North West Territories Business Stream: For candidates who want to start a business in Canada’s North West Territories. Candidates must be able to invest at least $300,000 and have a net worth of at least $500,000. Minimum CLB level 4 and meet other program requirements.
Yukon
- Yukon Business Nominee Program: For candidates who want to establish a new business or invest in an existing business in Yukon. Candidates must be able to invest at least $300,000 and have a net worth of at least $500,000. Minimum CLB level 4 and meet other program requirements.
The process to get Canada PR by Investment is quite complex. Seek guidance from immigration and visa consultants in Delhi if you’re having trouble.
Good Luck!
