Northwest Territories will be an excellent immigration destination for you, if you are keen to become a permanent resident abroad, through the popular business immigration route offered by it.
Strategically located, Northwest Territories the second largest and the most densely inhabited territory of the 3 Canadian territories, with Yellowknife as its capital-offers all that’s needed to launch and run a successful business overseas.
So, move to the region through its business immigration category.
Northwest Territories Immigration
The region does not have a large population; it does get new immigrants in significant figures. But still immigrants have played a key role in pitch forking the region and making it one of the finest places in the nation.
At present, it is the region’s capital Yellowknife that mainly gets the bulk of migrants to the territory. With its economy flourishing, mainly on the strength of its rich natural resources, many enterprising and ambitious people are shifting to Yellowknife, to make the most of the available economic opportunities. You should not be, too, doing the same, through the business programme route.
This popular stream is tailored towards those overseas people, who can illustrate the capability to launch, get hold of, or invest in an already running Northwest Territories business, which proffers, or may proffer, economic gains to the region, and generate employment opportunities for the inhabitants.
You must invest not less than $300,000 CAD into either launching or purchasing a business in Yellowknife; or not less than $150,000 CAD into either starting or getting hold of a business outside of the capital.
Besides, you must possess a personal net worth of not less than $500,000 CAD, in case either launching or purchasing a business in the capital; or a minimum of $250,000 CAD in case either launching or purchasing a business outside it.
Besides, you must show that you possess not less than one-third (33.3%) of the business. In case you make a personal equity investment of $1,000,000 CAD or above, you may possess less than one-third (33.3%).
Northwest Territories Immigration – Key Benefits
Business opportunities, in the capital especially, are endless. At present, numerous Northern groups have fruitful businesses even as they will join hands with the right organization, to expand and cover more markets.
This extraordinarily multi-ethnic city, with close-to 20,000 residents, has well-educated families not only taking home some of the nation’s highest household wages, but also spending 50% more, vis-à-vis the national household average. Significantly, Yellowknife acts as the commercial supply centre for business missions & communities, and this increases the size of the market by more than 100%.
Under the national Law, each & every province & territory is bound to offer universal, publicly supported health care to every person who is either a citizen or a legal resident of the nation.
Against this backdrop, start chalking-out your plans for business migration to Northwest Territories TODAY, for a better future and more fruitful business overseas!
Summary: Think of Northwest Territories if you are eager to leave your business footprints abroad in Canada, through the business stream.