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Nova Scotia Issued 27 Invitations through Its Entrepreneur Draw

April 2019, 16
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Nova Scotia immigration
Nova Scotia immigration has attended the latest draw by its Entrepreneur Stream, focusing business applicants with a minimum net worth of CAD 600,000 or more. The Apr 4 draw noticed 27 invitations announced with the lowest-ranked applicant scoring 112 points.

Applicants are demanded to invest $150,000 in building a business in the province of Nova Scotia.

Nova Scotia Entrepreneur Draw Conducted on Apr 04

Draw date

Number of invitations

Score of lowest-ranked candidate invited

04-Apr-19

27

112

The Nova Scotia Entrepreneur Stream conducted its draw on 4 Apr, and it is the third draw of 2019. The earlier draw conducted on Feb 19, 2019, and issued 22 invitations the lowest score of 112.

Nova Scotia Entrepreneur Draw Conducted on Feb 19

Draw date

Number of invitations

Score of lowest-ranked candidate invited

19-Feb-19

22

112

Nova Scotia Entrepreneur Stream

The Nova Scotia Entrepreneur stream aims applicants with ownership of a business or experience in senior management. They need to live in Nova Scotia, either begin the latest business or purchase an existing business, and actively engage in the day-to-day business management.

Below the Entrepreneur stream, applicants first given with a temporary work permit prior to the applying for permanent residence after running the business for a year. The Entrepreneur stream uses a format of Expression of Interest, where applicants in a pool are invited to appeal.

Process of Nova Scotia Entrepreneur Stream

  • Applicant Submitting EOI (Expression of Interest)
  • Selected Applicants Receiving Invitation to Appeal
  • Personal Interview and Agreement of Business Performance
  • Getting Work Permit and Establishment of Business in Nova Scotia
  • Nomination Request
  • Apply for Canada PR

Eligibility Criteria for Nova Scotia Entrepreneur Stream

  • The age must be 21 or older.
  • Intend to live permanently in the province of Nova Scotia while owning and actively running a Nova Scotia business.
  • The minimum Individual net worth must be CAD 600,000.
  • Minimum investment of CAD 150,000 to build or acquire a business in the province of Nova Scotia.
  • Minimum having 3 years experience in actively maintaining and owning a business (33% or more ownership mandatory) OR having higher than 5 years experience in the role of senior business management.
  • Minimum Canadian Language Benchmark Score of 5 in listening, speaking, reading and writing in French or English language.

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