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The Nova Scotia Entrepreneur Stream offers a route to permanent resident status while supporting entrepreneurial candidates and their families in the establishment and operation of a business in Nova Scotia.
Successful applicants to this stream receive a Temporary Work Permit, with which they can start a business in Nova Scotia. After operating the business for a year, they can be nominated for permanent resident status.
Nova Scotia Entrepreneur Stream eligibility requirements
Candidates wishing to apply to the stream must:
- be at least 21 years old,
- have a net worth of at least $600,000 CAD,
- be able to make a personal investment of at least $150,000 CAD to establish a business in Nova Scotia,
- demonstrate at least three years’ experience in actively owning and managing a business, with an ownership share of at least ⅓ OR, at least five years’ experience in a senior business management role,
- score at least a Canadian Language Benchmark (CLB) level 5 in all factors of an official language test, in English or French, and
- intend to settle in Nova Scotia, actively owning and managing a business.
How to apply
Interested candidates are required to complete an online Expression of Interest (EOI) form. Candidates are issued a score based on the points assessment (see below) and are then entered into a candidate pool, where they are ranked according to their score. A EOI can remain in the pool for up to 12 months, at which point it expires and the candidate can submit a new EOI.
The Nova Scotia Office of Immigration (NSOI) contacts the candidates it wishes to nominate; only successful candidates are contacted. These candidates receive an invitation to apply.
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EOI points grid
Candidates are ranked based on their points score, which is allocated according to the following factors.
Factor 1: Language
First official language
|First official language||Points awarded: Speaking||Points awarded: Listening||Points awarded: Reading||Points awarded: Writing||Total points: (minimum 20 points required)|
Second official language
|Second official language||Points awarded|
|At least CLB 5 in all four abilities||7|
Factor 2: Education
|Education||Points (maximum 25)|
|Canadian high school diploma, or equivalent||8|
|Canadian post-secondary degree or diploma from a one-year program, or equivalent||12|
|Canadian post-secondary degree or diploma from a two-year program, or equivalent||19|
|Canadian degree or diploma from a post-secondary program of three years or longer, or equivalent||21|
|Two or more Canadian post-secondary degrees or diplomas (at least one must be of at least three years’ duration)||22|
|Master’s level degree or equivalent||23|
|University-level entry-to-practice professional degree related to a TEER 1 profession which is licensed by a provincial regulatory body||23|
|PhD-level degree or equivalent||25|
Factor 3: Work experience
|Work experience||Points (maximum 35)|
|3 to 5 years’ business ownership experience (minimum ⅓ ownership) in the last 10 years||20|
|More than 5 years’ work experience in a senior management role in the last 10 years||20|
|More than 5 years’ business ownership experience (minimum ⅓ ownership) in the last 10 years||35|
Factor 4: Net worth
|Net worth||Points (maximum 10)|
|$600,000 CAD – $999,999 CAD||5|
|$1 million CAD – $1.5 million CAD||7|
|More than $1.5 million CAD||10|
Factor 5: Age
|Age at time of EOI submission||Points (maximum 10)|
Factor 6: Adaptability
|Adaptability||Points (maximum 10)|
|Spouse or partner’s language level: at least CLB 4 in all abilities in English or French||5|
|Candidate’s past study in Nova Scotia: at least two academic years of full-time study at secondary or post-secondary level in Nova Scotia||10|
|Spouse or partner’s past study in Nova Scotia: at least two academic years of full-time study at secondary or post-secondary level in Nova Scotia||5|
|Candidate’s past work in Nova Scotia: at least one year of full-time work in the province on a valid work permit, in an occupation in TEER categories 0, 1, 2, or 3.||10|
|Spouse or partner’s past work in Nova Scotia: at least one year of full-time work in the province on a valid work permit||5|
|Relatives in Nova Scotia: candidate or spouse/partner has a parent, grandparent, sibling, aunt/uncle, niece/nephew, aged 19 or older and living in Nova Scotia for at least one continues year as a Canadian citizen or permanent resident||5|
Factor 7: Nova Scotia Economic Priorities
|Nova Scotia Economic Priorities||Points (maximum 10)|
|Business located outside of Halifax County||5|
|Business succession (Nova Scotia-based business must have been in continuous operation by the same owner for previous five years)||5|
Factor 8: Investment
|Investment||Points (maximum 15)|
|$150,000 CAD – $300,000 CAD||10|
|More than $300,000 CAD||15|
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