[vc_row full_width=”stretch_row” css=”.vc_custom_1516622540383{margin-top: -50px !important;background-image: url(http://globedwise.com/wp-content/uploads/2018/01/Grey.png?id=6398) !important;}”][vc_column][vc_custom_heading text=”Northwest Territories Nominee Program – Business Stream” font_container=”tag:h1|font_size:45|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][/vc_column][/vc_row][vc_section][vc_row css=”.vc_custom_1516624534032{margin-top: 50px !important;margin-bottom: 50px !important;}”][vc_column width=”1/2″][vc_column_text]

People who want to immigrate to the Northwest Territories to start their own business or invest in and operate an established company may apply to the business streams of the Northwest Territories Nominee Program.

The Northwest Territories Nominee Program is delivered in partnership between the Government of the Northwest Territories and Immigration, Refugees and Citizenship Canada.  The business stream of the NWT Nominee Program is designed to attract business expertise to start and invest in a start-up business which will enhance the economy of the Northwest Territories.

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”6522″ img_size=”medium” alignment=”right”][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row” css=”.vc_custom_1516622934442{background-image: url(http://globedwise.com/wp-content/uploads/2018/01/Grey.png?id=6398) !important;}”][vc_row][vc_column][vc_custom_heading text=”Program Requirements” font_container=”tag:h1|font_size:35|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][/vc_column][/vc_row][vc_row gap=”30″ equal_height=”yes” content_placement=”bottom” css=”.vc_custom_1516629800872{margin-top: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column width=”1/3″ css=”.vc_custom_1490273511914{border-bottom-width: 4px !important;padding-top: 50px !important;padding-right: 50px !important;padding-left: 0px !important;border-bottom-color: #e5e5e5 !important;border-bottom-style: solid !important;}”][vc_icon type=”material” icon_material=”vc-material vc-material-business_center” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Minimum Net Worth” font_container=”tag:h3|font_size:32|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal”][vc_column_text]
  • At least $500,000 CDN if starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or
  • At least $250,000 CDN if starting or buying a business outside the corporate boundaries of Yellowknife, Northwest Territories.

 

[/vc_column_text][/vc_column][vc_column width=”1/3″ css=”.vc_custom_1490273517358{border-bottom-width: 4px !important;padding-top: 50px !important;padding-right: 50px !important;padding-left: 0px !important;border-bottom-color: #e5e5e5 !important;border-bottom-style: solid !important;}”][vc_icon type=”material” icon_material=”vc-material vc-material-attach_money” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Investment Requirements” font_container=”tag:h3|font_size:32|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal”][vc_column_text]
  • A minimum of $300,000 CDN into starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or
  • A minimum of $150,000 CDN into starting or buying a business outside of the corporate boundaries of Yellowknife, Northwest Territories.
[/vc_column_text][vc_empty_space][/vc_column][vc_column width=”1/3″ css=”.vc_custom_1490273522567{border-bottom-width: 4px !important;padding-top: 50px !important;padding-right: 50px !important;padding-left: 0px !important;border-bottom-color: #e5e5e5 !important;border-bottom-style: solid !important;}”][vc_icon type=”material” icon_material=”vc-material vc-material-domain” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Business Requirements” font_container=”tag:h3|font_size:32|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal”][vc_column_text]
  • own at least one-third (33.3%) of the business they are starting or buying.
[/vc_column_text][vc_empty_space height=”200px”][/vc_column][/vc_row][/vc_section][vc_row][vc_column][vc_custom_heading text=”Northwest Territories Nominee Program – Business Stream Timeline” font_container=”tag:h2|font_size:40|text_align:center” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal”][mvc_timeline_father size=”50″][mvc_timeline_son icon=”fa fa-file-text-o” date=”Application Process” size=”20″]

The initial application process involves determining of eligibility, Face-to-Face Interview & Pre-screening.

[/mvc_timeline_son][mvc_timeline_son date=” Expression of Interest” icon=”fa fa-envelope”]

Prospective applicants will be notified of the results of the face-to-face interview. If the result is positive, the prospective applicant will have 60 business days from being notified of the positive result to submit the expression of interest.

[/mvc_timeline_son][mvc_timeline_son date=”Application” icon=”fa fa-pencil-square-o”]

A formal application is sent with all required documents.

[/mvc_timeline_son][mvc_timeline_son date=”Business Performance Agreement” icon=”fa fa-handshake-o”]

If an application is accepted, Nominee Program staff will advise the applicant in writing and begin developing a Business Performance Agreement with the applicant.

 

 

[/mvc_timeline_son][mvc_timeline_son date=”Establish Business” icon=”fa fa-building-o”]An applicant has up to 2 years to develop the business described in the business plan and in accordance with the Business Performance Agreement.[/mvc_timeline_son][mvc_timeline_son date=”Nomination” icon=”fa fa-user”]

The Government of the Northwest Territories may issue a nomination certificate to the applicant upon completion of the Business Performance Agreement.

[/mvc_timeline_son][mvc_timeline_son date=”Permanent Residence” icon=”fa fa-fort-awesome”][/mvc_timeline_son][/mvc_timeline_father][/vc_column][/vc_row][vc_row full_width=”stretch_row”][vc_column][/vc_column][/vc_row]