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Manitoba Business Investor Stream
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Manitoba Business Investor Stream
Manitoba Business Investor Stream is a permanent residency pathway for experienced and seasoned business owners and investors who wish to start or establish their own business in Manitoba. As a popular provincial nominee program, the business investor stream allows the government of Manitoba to recruit and nominate qualified business professionals who have the skills and abilities to set-up a new or expand an existing business in Manitoba.
- Located at the center of North America, Manitoba is a land of golden opportunities, rich diversity, plenty of natural resources, and dynamic people who together make this province a peaceful and vibrant place to live, work, and do business.
- Manitoba’s skilled workforce and culture can be your biggest business asset. As a province, Manitoba is developed, diverse, and dynamic in every sphere. From a stable economy to the lowest unemployment rate, Manitoba has everything you need to propel in your business.
- The best thing about doing business in Manitoba is that the province is not dependent on a single industry or commodity. Cities like Winnipeg are one of the urban economies in Manitoba. The diversity of the cities has led to the lowest unemployment rate in Canada.
- Manitoba is also lauded for offering competitive business cost. According to KPMG’s Competitive Alternatives study, Winnipeg is the lowest-cost city to carry out business operations.
- If you plan to establish a business in Manitoba, then you may benefit from its affordable industrial land, office rents, and electricity cost, which is considered the lowest in North America.
- Manitoba features a diverse manufacturing base, including aerospace materials, buses, machinery, building products, electronics, pharmaceuticals, plastics, and processed foods. All these together facilitate the economy of Manitoba to grow and prosper.
- The province is also a major exporter of goods and services around the world. The majority of goods produced in the province are imported to China/Hong Kong, Japan, Mexico, South Korea, Taiwan, United Arab Emirates and the United Kingdom.
- The province is an established leader in various sectors, such as Aerospace, Agribusiness, Education, Energy and Environment, Financial Services, Information and Communication Technologies, Mining and Minerals, Tourism, etc.
- About 10% of agricultural foods are produced in Manitoba, whereas Livestock contributes to one-third of Manitoba’s economy.
- The Manitoba economy is expected to see a total of 159,200 job openings between 2019 and 2025, 74.8% of these job openings will fill the positions left by the retirees.
- Manitoba’s economy is also expected to grow by an average of 1.5 percent annually from 2019 to 2025.
- The most expected job openings will be seen in the sale and services sector, business, finance, and administration occupations, followed by the retail sector, and hospitality industry.
Business Investor Stream- Pathways And Investment
There are two pathways under the Manitoba Business Investor Stream. They are:
The Entrepreneur Pathway– for applicants who want to open a business in Manitoba.
Investment – $ 250,000 for business situated in the Manitoba Capital Region
Investment – $ 150,000 for business situated outside of the Manitoba Capital Region
Net Worth- $500,000
The Farm Investor Pathway– for applicants who are willing establish run and operate a farm business in rural Manitoba.
Investment- $300,000
Net Worth- $500,000
Manitoba Business Investor Stream- Process
The Entrepreneur Pathway
Please refer to the steps below to apply for the Manitoba Entrepreneur Pathway:
- Assess your eligibility for the program, go through visa conditions, and do some business research.
- Submit an Expression of Interest and email the following forms to [email protected]:
- Business Concept Form;
- Self-Assessment Form; and
- MPNP Code of Conduct
- Receive a Letter of Advice (LAA) and submit a complete application for the program. In this step, you’ll also be required to pay a non-refundable fee $2,500.00 CAD to the MPNP.
- The Business Immigration Officer (BIO) will assess your application based on the criteria set by the MPNP.
- If your file is approved, you can then apply for a Work Permit to arrive in Manitoba. You must notify the MPNP in person within 30 days of arriving in Manitoba. You must utilize this time to establish your business in Manitoba and fulfil all the requirements of BPA.
The Farm Investor Pathway
Please refer to the steps below to apply for the Farm Investor Pathway:
- First, explore and do some research about the farming business in Manitoba. Determine whether you meet eligibility criteria of the pathway or not.
- Based on the findings of your research, complete the Interest Guidelines and Farm Business Concept forms.
- Now, submit the Business Concept Forms and the Interest Guidelines to the MPNP. The following forms must be submitted:
- Your Interest Guidelines Form;
- Your Farm Business Concept Form; and
- Code of Conduct for Immigration Representatives, if applicable
- Submit a complete application to the MPNP. In this step, your application will be assessed by the government officials and based on that you will be sent a Letter of Advice to Apply (LAA).
- You will have 120 calendar days from the date of receipt to respond to your LAA.
- Your complete application will be reviewed by the MPNP on the basis of whether your application successfully meets the MPNP criteria. After this, you will be issued a Certificate of Nomination.
- If your nomination is approved, you will have to sign Deposit Agreement and submit a deposit of CAD$75,000.
- Once nominated, you may then apply for permanent residence in Canada.
- Now, it’s time to establish your farm business in Manitoba.
Manitoba Business Investor Stream - Eligibility
The Entrepreneur Stream
In order to apply, you must:
- Demonstrate a minimum of three years of full-time work experience in the last five years. You could either be an active business owner or working as a senior manager in a successful business.
- Business owners must also have at least 33 1/3% ownership in the business.
- Be able to achieve the pass mark of CLB/NCLC 5 in an approved language test
- Able to make a minimum investment is $250,000 for businesses situated in the Manitoba Capital Region, and $150,000 for a business is situated outside of the Manitoba Capital Region.
- Demonstrate the legally acquired net worth of $500,000.
- Submit a detailed business plan and conduct an exploratory visit.
- The proposed business plan must have the ability to generate at least one full-time job for a Canadian citizen or a permanent resident.
The Farmer Investor Stream
In order to apply, you must:
- Demonstrate at least three years farm ownership and operation experience.
- Be proficient in either English or French language
- Have a minimum of $300,000 to establish a farming business in rural Manitoba.
- Demonstrate a minimum net worth of $500,000
- Be willing to conduct a Farm Business Research Visit to Manitoba.
- Be genuinely interested and committed to live on the farm and actively participate in the management of the farm business.
Documents Required
- Photocopies or notarized photocopies of all applicable supporting documents.
- Translations of any documents in languages other than English or French. Translations must be certified and/or notarized.
- In case your documents are submitted by a third party, make sure your provide the contact information such as mailing address, telephone, fax numbers and e-mail address of the person/organization certifying your credentials.
- Copy of business intent
- Copies of financial statements to prove you possess the required funds for the investment.
Manitoba Business Investor Program Processing Time & Fees
Registration and Application Fee:
The Entrepreneur Stream
Processing fee: $2,500.00
The Farmer Investor Stream
Processing fee: $2,500.00
Processing Time:
The processing time of your application depends on various factors, such as whether you have submitted all necessary documents or how timely you respond to the MPNP requirements.
Abhinav: India’s Most qualified Immigration Consultant for Entrepreneurs, Investors and HNI’s
- Only Immigration specialist having an expert team and experience in dealing with business and investor applications for almost 2 decades. This is highly demanding, high risk category of Immigration.
- Profile Assessment to identify the right country and program, viz. Residency by Investment or Citizenship by investment or Entrepreneur programs.
- Special advice for dependent/non-dependent children and parents.
- Special advice for clients having limitations of staying outside India for long.
- Documentation Guidance critical to acceptance including all important area of source and path of funds, business and personal net worth.
- Professional Business Plan Drafting.
- Market Research vis-à-vis Business for Sales listings and Start-up ideas.
- Online IELTS Coaching.
- Overseas Company Incorporation.
- Taxation planning and advice.
- Planning and coordinating Exploratory Visits with active assistance from Local associates.
- Start-up Guidance and coordination vis-à-vis Incubators, Angel Investors and Venture Capitalists.
- Application Process through licensed Immigration consultants/Attorneys.
- Turnkey services
- Concierge services for Premium clients
Fulfill your Canada Immigration Dreams with us, pick up your phone and dial (+91) 859 533 8595 for immediate free counselling or write to [email protected] for assistance on Business Immigration.
