Establish Your Business & Settle in Canada
If you are an investor looking to settle in Canada, your route to Canada is through the Nova Scotia Nominee Program for Entrepreneurs. The Nova Scotia Nominee Program is an invitation-only program that can lead to permanent residency in Canada following a year of operating a business in Nova Scotia. It is intended to draw entrepreneurs, businesspeople, senior business executives, and high net worth individuals (HNIs) to Canada. You can evaluate your alternatives and put together the best application package possible for the Nova Scotia Nominee Program with the help of AIS Overseas.
Nova Scotia Nominee Program Details
You can settle down and live in Nova Scotia, Canada, thanks to the Nova Scotia Nominee Program. Your company must be founded and invested in in Nova Scotia. The specifics of the program are:
- Applicants have to submit an online Expression of Interest in the program
- If your EOI is evaluated strongly you need to submit your application to the Nova Scotia Nominee Program
- Applicants will be called for a personal interview.
- If your application is approved you need to establish your business in Nova Scotia and then actively manage it
- A year after establishing and running your business you can request for nomination for a Canadian Permanent Residency
- You have to generate your Canadian PR application and apply
Eligibility for Nova Scotia Nominee Program:
The Nova Scotia Nominee Program is designed for entrepreneurs who possess the experience and know-how to establish and manage a company in Nova Scotia, Canada. Therefore, the following are the minimal prerequisites for eligibility in this program:
- Must be at least 21 years old when applying
- Must have a net worth of at least CAD 600,000
- Must invest at least CAD 150,000 of your own money to establish a business in Nova Scotia.
- Must have 3+ years of experience running and owning a business or must have 5+ years of experience in a senior management position
- Must show language proficiency in English/French
Nova Scotia Immigration Program and Express Entry system:
The Express Entry system is integrated with the Nova Scotia Immigration Program. Applicants may apply for this program if they have an active Express Entry profile. The PNP in Nova Scotia provides two divisions.
Category A demands that applicants have an employment offer from a province-based employer. This can provide a problem for candidates from outside of Canada.
Such a circumstance does not exist in Category B. The only prerequisite for the candidates is experience in any of the province's in-demand professions.
Eligibility requirements:
The candidate needs to register and set up his profile on Immigration, Refugees and Citizenship Canada's Express Entry portal.
The candidate must be employed in one of the target occupations listed in the Nova Scotia Demand: Express Entry guide.
To be eligible, he must receive at least 67 points.
After your PR visa is obtained, he must have a full-time job offer from a Nova Scotian employer that is valid for at least a year.
He must possess a minimum of one year of relevant, competent work experience.
He had to have finished schooling to the level of a Canadian high school graduate.
According to the Canadian Language Benchmark, he must demonstrate his fluency in either French or English.
He must have financial resources to help him settle in the province
How AIS Overseas Can Help?
AIS overseas can guarantee that your application satisfies all documentation requirements and has the best probability of success because it has one of the best Canadian immigration teams in the world. Our staff will guide you through the Nova Scotia Nominee Program application process step-by-step and help you evaluate your possibilities.
Frequently Asked Questions
The application process for the Nova Scotia Provincial Nominee Program is intended to be quick and easy. The application pathway and process have a significant impact on how long it takes to evaluate an application in its entirety. Still, it takes an average of three to six months to finish the process.
Improving immigration to the province is the goal of the Nova Scotia Provincial Nominee Program. This is accomplished by granting Nova Scotia's Immigration Officers the authority to select foreign nationals who wish to immigrate to Canada. These need to have the particular abilities that the province's economy demands.
There are two ways an individual can get a nomination certificate from the Nova Scotia PNP:
Outside Express Entry
Without using Express Entry, a person can immediately file an EOI to the Nova Scotia Office of Immigration (NSOI). Next, the candidates will be evaluated using a grid of points. Following that, invitations to apply to the NSPNP will be extended to qualified individuals. After being nominated, they can then establish an Express Entry profile and provide the nomination information.
Express Entry
Anyone who wants to move to Nova Scotia can apply for a new Express Entry profile. Via the online immigration system, they can express interest in the province.
The Express Entry profiles can then be contacted by the NSPNP. These need to possess the particular training and expertise that Nova Scotia is seeking in its workforce. It is also likely that they listed Nova Scotia among the provinces they are open to relocating to.
If they have indicated that they would be open to relocating to Nova Scotia, the Nova Scotia Provincial Nominee Program may then get in touch with Express Entry profiles that include the specific knowledge and expertise the province is seeking in its skilled labour force.
Applications are invited to submit nomination requests under a variety of streams by the NSPNP, or Nova Scotia Provincial Nominee Program. Among the prominent ones are:
- Nova Scotia Experience Express Entry stream
- Skilled Worker Stream
- International Graduate Entrepreneur stream
However, the most important stream is Category B, Nova Scotia Demand Express Entry. This relates to getting an NSPNP nomination without receiving a job offer. It is intended for candidates with prior experience in opportunity occupations. Throughout the year, this stream opens and closes per the most recent status.
The following must be completed by candidates for Category B—Nova Scotia Demand Express Entry:
- Have a profile in Express Entry
- Minimum of 1 year of skilful work experience in one of the targeted occupations
- Get 67 or more points in the stream's six selection criteria.
- Hold a Canadian high school diploma or its equivalent
- Show that you can communicate in French or English at a level equivalent to or above CLB 7 (Canadian Language Benchmark).
- Show that you have the necessary funds to make a successful settlement in Nova Scotia.
The NSPNP documentation requirements vary based on the stream you are applying for. The best way to get nominated for permanent residence in Canada is through Category B—Nova Scotia Demand Express Entry. If you are a skilled worker, then yes. You will need the following papers for this stream:
- A verified overseas Certificate or Diploma and its ECA report (Educational Credential Assessment) from an authorized assisting agency
- Evidence of language proficiency in French or English with a score of minimum CLB 7
- Letters of reference from all the employers in the last 6 years as per the specified format for demonstrating work experience
- Valid travel documents or Passport
- Certificate of marriage (if in case applicable)
- Birth certificates for dependent kids
- Official bank statements for the last 3 months indicating the balance in the account and history of transactions
- Statements for fixed deposits and investment portfolios with the terms and conditions to withdraw these funds before the maturity
- Any other appropriate document mentioned in the Document checklist
