New Brunswick Business Immigration

In order to attract the immigrants to the province, the New Brunswick Provincial Nominee Program (NBPNP), administered by the Department of Post-Secondary Education, Training and Labor (PETL) offers New Brunswick Entrepreneurial Stream.

• Investment – CAD 250,000
• Net Worth – CAD 500,000
• Good Faith Deposit – CAD 100,000

• Must meet all minimum eligibility criteria, have all the documents required and need to submit a complete application to the Govt. of New Brunswick and to the Govt. of Canada.
• Create an online candidate profile
• Submit an EOI indicating your interest in applying for permanent residence through the NBPNP.
• The selected candidates will be sent the Invitation to Apply and then they will be required to submit a full application online and pay the processing fee. If you are nominated, you will receive a letter with instructions for submitting a signed and dated Business Performance Agreement and the deposit of CAD 100,000 to PETL within 60 days of issuance of the letter.
• After this, PETL will review and assess the application thoroughly. You will be required to sign the Performance Agreement and attend an interview as directed by the PETL.
• Once the assessment is done, the PETL will communicate the final decision to you in writing and will also upload that decision to your online profile’s dashboard

• To be eligible to apply for this program, you must have a suitable link with the province
• Canadian Language Benchmark Test score should be 5 or more in all the four parameters either in English or French
• At least two years of post-secondary education is mandatory after the completion of high school
• Net Worth of not less than CAD 600,000 which is legally acquired and you must have the ability to prove it as well
• You must have the capacity to invest not less than CAD 250,000 of your own funds to establish a business in the province
• At least 3 out of 5 years of relevant experience in the business management (as an owner or holding a senior position) before the submission of application
• You must convince the authorities that you intend to reside permanently in the province while managing and operating the business

• Connection to New Brunswick : Candidates must identify at least one eligible connection –

NB Exploratory Trip Report/ Attendance at an NB Session – Provide the date and location/ Proof of post-secondary studies in NB- for you or your spouse/ Proof of employment in NB- for you or your spouse/ Proof of family member living in NB as PR or Canadian Citizen/  Proof of dependent child studying in NB

• Generic Application Form – Entrepreneurial Stream
• 8 Statutory Declaration of Common-Law Union (if applicable)
• Birth certificates
• Marriage/ Divorce/ any relevant certificate (if applicable)
• Passports
• Language Proficiency proof
• Canadian education, or equivalent proofs
• Personal Net Worth Statement – Entrepreneurial Stream and Narrative Statement of Accumulated Funds
• Business Ownership Experience Proofs – Resume outlining business activities, Entrepreneur Information Form – Entrepreneurial Stream, Business & Tax registration issued by government authority, Capital Verification Report, Financial statements, Business Taxation, Personal Income Taxation, Commercial property register or lease agreement
• Senior management experience Proofs – Resume outlining business activities, Entrepreneur Information Form – Entrepreneurial Stream, Letters of reference from employers, Employment contracts, Personal Income Taxation
• Business Plan
• Invitation to Apply Letter issued by the NBPNP (ITA)
• Processing Fee Payment Form and other relevant documents, if applicable

The applicant has to submit the fee of CAD 2,000 prior to submission of the online application. The processing time may depend on a variety of external factors and the complexities within an application.