Business meeting

Alberta Rural
Entrepreneur

       Bordered by British Columbia to the west, Alberta has a population

       of nearly 4.1 million people. Alberta is one of the most developed 

       provinces in Canada due to its excellent natural resources.

       The Alberta Rural Entrepreneur Stream allows Alberta to nominate             qualified and capable entrepreneurs who want to start a new or

       buy an existing business in a rural Alberta community.

       AAIP RES application is a two-stage process.

       Stage 1: submit application ---->Temporary Work Permit

       Stage 2: Implement business plan----> Permanent Residence

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Eligibility

01/ Work Experience:
        have either a minimum of 3 years of experience as an active business owner/manager or a                          minimum of 4 years of experience as a senior manager within the past 10 years.

02/ Education:
        completed
a minimum of high school equivalent to the Canadian standard with an Education                      Credential Assessment.
      

03/ Language:
        have a minimum CLB level of 4 for each English language skill or NCLC of 4 for each French                         language skill. Official test results must be less than 2 years old at the time your Expression of                      Interest is submitted.

04/ Net Worth:
        the minimum net worth of CAD $300,000.

05/ Business Investment
        minimum investment of CAD $200,000 from candidate’s own (and/or spouse/common-law partner)          equity.

06/ Business establishment
       
 the minimum ownership of 51% for a new business. Business Partners must be Canadian Citizens or          Permanent Residents.
       
Or  100% ownership for business succession, the business must not be on the list of ineligible                       businesses.

07/ Job Creation
       
new businesses must create
at least one full-time job for Canadian Citizens or PR (not including                relatives). Jobs must be created for Canadian citizens or PR for a period of at least 6 months.
        for business succession, job creation is not required.

08/ Community support letter
        Candidates
must have a Community Support Letter from a participating rural Alberta community.

Application Process

Arrange for exploratory visits

Submit qualified exploratory visit report

2-3 months

Submit a copy of the complete rural entrepreneur stream business proposal summary

Submit an EOI

Enter the waiting list

Selected entrepreneurs will be sent a Request to Submit a Business Application

in the AAIP and apply for their work permit

Submit an Arrival Report to the AAIP, establish and actively operate the proposed business

Own and operate the business in Alberta for at least 12 months

Submit a Final Business Report

2-6 months

6-8 months

6 months

3 months

2-3 months

2-3 months

Submit complete set application documents for PR

3 months

Apply for Permanent Residency