Newfoundland and Labrador business immigration programme may be the most perfect option for you, to launch and run a fruitful business venture overseas, and get Canadian Permanent Residency (PR) easily and swiftly.
Launch and/or run a fruitful business venture overseas in Newfoundland and Labrador. Become a Canadian permanent resident through this wonderful business programme path.
Newfoundland and Labrador – An Intro
Strategically located in the Canada’s Atlantic region, Newfoundland and Labrador is the nation’s most easterly province, and a wonderful place to do fruitful business and settle permanently overseas.
The province is a natural gem of the nation even while with 530,000 people–mostly located in the urban regions–it has one of the lowest population densities in the entire world.
Newfoundland and Labrador–Business Immigration
For business immigration to the region under its Provincial Nominee Programme (PNP), you have two options:
1 – International Entrepreneur Category
It is tailored for those enterprising and ambitious business owners or managers who possess relevant experience in their chosen line-of-work.
Category’s USP: After you have spent not less than 1 uninterrupted year running your business, Newfoundland and Labrador Immigration will offer you nomination for PR.
You must possess not less than $600,000 CAD accessible business and personal assets; and also be in a position to make an investment of not less than $200,000 CAD of your own funds, to set-up a business in the province, with not less than 33.3% or one-third rights.
2. International Graduate Entrepreneur Category
It enables the province to proffer nomination to those graduates from either Memorial University or College of the North Atlantic, who have purchased a local business, and vigorously run it, on an everyday basis, for not less than 1 year.
You must have received a qualification from studying full-time at either Memorial University or College of the North Atlantic for a minimum period of 2 years; and reside in the province, on a permanent basis, while possessing and vigorously managing a local business that may prove useful for the provincial economy.
Newfoundland and Labrador–Key Business Benefits
Summary: Launch and/or run a fruitful business venture overseas in the Canadian province of Newfoundland and Labrador. You will not get a better place.