[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=”Ontario Immigrant Nominee Program – Entrepreneur 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]

The Ontario Immigrant Nominee Program’s Entrepreneur Stream was introduced in order to attract individuals from countries outside Canada who are looking to implement a new business idea or buy an existing business in the province. Eligible candidates who successfully establish a business in Ontario are offered a permanent resident status.

In order to participate in the Entrepreneur Stream, you (the Principal Applicant) and your Business Partner (if applicable) must meet the minimum requirements.

 

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”6495″ 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]
  • If your proposed business will be located within the Greater Toronto Area, you must have a minimum net worth of $1,500,000.
  • If your proposed business will be located outside of the GTA, you must have a minimum net worth of $800,000 CDN.
  • If your proposed business will be in the ICT/Digital Communications sector, you must have a minimum net worth of $800,000 CDN.
[/vc_column_text][vc_empty_space height=”165px”][/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]
  • If your proposed business will be located within the GTA, you must make a minimum personal investment of $1,000,000 CDN and have a minimum equity ownership of 33.3%.
  • If your proposed business will be located outside of the GTA, you must make a minimum personal investment of $500,000 CDN and have a minimum equity ownership of 33.3%.
  • If your proposed business will be in the ICT/Digital Communications sector, you must make a minimum personal investment of $500,000 CDN and have a minimum equity ownership of 33.3%.
[/vc_column_text][/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 Experience” 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 36 months of full-time business experience in the last 60 months.
  • Your experience must be as a business owner or as a senior manager (business management).
[/vc_column_text][vc_empty_space height=”305px”][/vc_column][/vc_row][vc_row gap=”30″ equal_height=”yes” content_placement=”bottom” css=”.vc_custom_1490273363763{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=”typicons” icon_typicons=”typcn typcn-sort-alphabetically-outline” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Language Requirement” 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]
  • Language proficiency equivalent to Canadian Language Benchmark (CLB) 4 is required at the time of nomination by the OINP.
[/vc_column_text][vc_empty_space height=”40px”][/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-flight” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Business-Related Visit” 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]
  • You must make at least one business-related visit to Ontario in the last 12 months from the date of registering an Expression of Interest if you purchase or are planning to purchase an existing business.
[/vc_column_text][/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 icon_fontawesome=”fa fa-users” color=”black” size=”lg” align=”center”][vc_custom_heading text=”Job 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]
  • You must commit to creating at least two permanent full-time jobs for Canadian citizens/permanent residents
[/vc_column_text][vc_empty_space height=”60px”][/vc_column][/vc_row][/vc_section][vc_row][vc_column][vc_custom_heading text=”Ontario Immigrant Nominee Program – Entrepreneur 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=”Expression of Interest” size=”20″]

Entrepreneur has to submit the filled out EOI Form

[/mvc_timeline_son][mvc_timeline_son date=”Invitation to apply” icon=”fa fa-envelope”]

 EOIs with the highest scores are selected and they are sent an Invitation to Apply.

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

Submit your complete application online with all your supporting documents and application fees.

[/mvc_timeline_son][mvc_timeline_son date=”Temporary Work Permit” icon=”fa fa-shirtsinbulk”]

If your application is approved, You will be issued a temporary work permit support letter to apply for a temporary work permit from Immigration, Refugees and Citizenship Canada (IRCC) in order to establish your business in Ontario after you sign a Performance Agreement.

[/mvc_timeline_son][mvc_timeline_son date=”Establish Business” icon=”fa fa-building-o”]Once you’ve arrived in Ontario, you will have 20 months to build your business and implement your business plan.[/mvc_timeline_son][mvc_timeline_son date=”Nomination” icon=”fa fa-user”]

If you meet the commitments of your Performance Agreement, you may be eligible for nomination by the OINP for permanent residence. Successful nominees must apply to IRCC for permanent residence within six months of being nominated by the OINP.

[/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]