Nova Scotia immigration has conducted two new business immigration draws, targeting Entrepreneur Stream and International Graduate Entrepreneur Stream candidates.
The draws, which took place on February 5, saw 28 invitations issued through the Nova Scotia Nominee Program.
The Entrepreneur Stream draw featured 27 invitations, with the lowest-ranked candidate scoring 115 points.
Just one invitation was issued through the International Graduate Entrepreneur Stream, to a candidate scoring 67 points.
Detailed requirements for both streams are below.
Nova Scotia Entrepreneur Draw Details
| Draw date | Stream | Number of invitations | Score of lowest-ranked candidate invited |
|---|---|---|---|
| 05-Feb-19 | Entrepreneur | 27 | 115 |
| 05-Feb-19 | International Graduate Entrepreneur | 1 | 67 |
This was the first Nova Scotia Entrepreneur Stream draw of 2020.
The previous draw happened on November 12, 2019, with 20 invitations issued and the lowest-ranked candidate scoring 118.
Nova Scotia Entrepreneur Stream September 6 Draw
| Draw date | Number of invitations | Score of lowest-ranked candidate invited |
| 12-Nov-19 | 20 | 118 |
Nova Scotia Entrepreneur Stream
The Nova Scotia Entrepreneur stream targets candidates with business ownership or senior management experience. They must live in Nova Scotia, either start a new business or buy an existing business, and actively participate in the day-to-day management of that business.
Under the Entrepreneur stream, candidates are first issued a temporary work permit before applying for permanent residence after operating the business for a year. The stream uses an Expression of Interest format, where candidates in a pool are invited to apply.
How Do I Qualify For The Nova Scotia Entrepreneur Stream?
- Expression of Interest
- Invitation to Apply
- In-Person Interview and Business Performance Agreement
- Work Permit and Business Establishment in Nova Scotia
- Request for Nomination
- Apply for Permanent Residence
Nova Scotia Entrepreneur Stream: Candidate Requirements
- Be aged 21 or older.
- Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
- The minimum net worth of $600,000.
- Minimum investment of $150,000 to establish or purchase a business in Nova Scotia.
- Minimum 3 years of experience actively managing and owning a business (33 percent ownership minimum) OR more than 5 years of experience in a senior business management role.
- Score minimum of 5 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French.
International Graduate Entrepreneur
The International Graduate Entrepreneur stream is similar to the Entrepreneur stream, only aimed at recent graduates from a Nova Scotia university or the Nova Scotia Community College. They must have started or purchased a Nova Scotia business and operated it for a year on a Post-Graduation Work Permit.
Candidates are nominated for permanent residence if they intend to settle in the province. The stream works on an Expression of Interest format similar to the Entrepreneur stream.
International Graduate Entrepreneur: Steps
- Expression of Interest
- Invitation to Apply
- In-Person Interview and Nomination
- Apply for Permanent Residence
International Graduate Entrepreneur Stream: Candidate Requirements
- Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
- Minimum one year of continuous experience actively managing and owning your current Nova Scotia business (100 percent ownership).
- Have completed a degree or diploma including a minimum of 2 academic years of full-time, in-person study at a Nova Scotia university or the Nova Scotia Community College.
- Valid post-graduation work permit.
- A minimum score of 7 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French.
