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
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