Build Business in Nova Scotia
The Nova Scotia Entrepreneur PNP is a pathway for experienced business owners or senior business managers to establish or acquire a business in Nova Scotia and obtain permanent residency. This stream is designed for individuals who have the skills, experience, and financial resources necessary to successfully operate a business in the province. To be eligible for the program, candidates must have a minimum net worth of CAD $600,000 and be willing and able to invest at least CAD $150,000 in a new or existing business in Nova Scotia. They must also have a business plan that demonstrates their ability to create jobs for Canadian citizens or permanent residents.
Applicants are assessed based on a point system that considers factors such as age, language proficiency, education, and work experience. Those who are selected to participate in the program receive a temporary work permit to establish or purchase a business in Nova Scotia. After meeting the program’s conditions, they can apply for permanent residency.
The Entrepreneur stream is a highly competitive program, with a limited number of spaces available each year. However, for those who meet the program’s requirements and are willing to invest in a business in Nova Scotia, it can be an excellent pathway to permanent residency in Canada while contributing to the province’s economy.
Eligibility Requirements
| Criterion | Minimum Requirement |
|---|---|
| Express Entry Profile |
This stream does not operate under Express entry |
| Connection to Province |
No |
| Job Offer |
No |
| Language Proficiency |
CLB 5 in English or French |
| Level of Education |
A minimum of a Canadian high school diploma or equivalent foreign credential |
| Business and financial experience |
Business ownership and management of a business in Nova Scotia for at least three years in the last 10 years or greater than five years of experience in a senior business manager role in the last 10 years. The applicant must own 33.33% of the equity of the eligible business. They must provide active and ongoing participation in the day-to-day management and direction of the business. Must have a PGWP at the time of application. |
| Work Experience |
3 years of business ownership or 5 years of senior business management within the past 10 years |
| Investment & net worth |
Investment: $150,000 CAD Personal Net Worth: $600,000 CAD |
| Intention to reside |
The applicant must intend to reside in NS |
How to Apply