The NB Business Immigration Stream is an economic immigration pathway for experienced entrepreneurs who are ready to establish, operate, and actively manage a business while living and settling in New Brunswick permanently.
NB Business Immigration Stream application is a two-stage process.
Stage 1: submit application ---->Temporary Work Permit
Stage 2: Implement business plan----> Permanent Residence
New Brunswick Business
01/ Age: 21-59 years old
02/ Language requirement:
at least CLB 5 ( IELTS: Listening 5/Speaking 5/Writing 5/Reading 4).
at a minimum, have a Canadian secondary (high school) diploma or a foreign high school diploma equal to a Canadian credential.
04/ Personal Net Worth
at least CAD $500,000.
05/ Business Ownership / Work experience
a) you must be the business owner (of at least 51%) for at least three out of the last five years;
b) be responsible for supervising at least two employees.
senior management experience
a) you are the senior manager in a business in three out of the last five years;
b) you are responsible for supervising at least two employees.
06/ Eligible connections
a) You have visited New Brunswick for at least five business days within the previous 12 months prior to submitting your EOI; or
b) You or your spouse have been awarded a diploma or certificate that required at least one year of full-time study at a post-secondary institution in New Brunswick after completion of high school; or
c) You or your spouse have worked 30 hours per week for at least 6 consecutive months in a high-skilled occupation (NOC O, A, B) for a company located in New Brunswick in the last two years; or
d) You or your spouse have family members (i.e., son or daughter over the age of 18 years, brother, sister, mother, father, grandparents, aunt and/or uncle) who are Permanent Residents or citizens of Canada living in New Brunswick for at least 12 months.
a) make an eligible investment of not less than CAD$150,000.
b) control at least 33.3% equity in the business
08/ Job Creation
The business must create at least one full-time job for a permanent resident or citizen of Canada living in New Brunswick. The one full-time job cannot include you, your spouse or common-law partner, your dependent children, and/or other family members. Full-time means that an employer is expected to provide a minimum of 30 hours per week of work to their employee(s).
09/ EOI Points:
A minimum of 65 of 100 points is required to be successful.
5 business days exploratory visit
Submit Full Application
Apply for Work Permit
Receive Work Permit
Open business within 9 months upon arriving in Canada
Apply for Provincial Nomination
Apply for Permanent Residency
Receive Permanent Residency
Operating a business at least 12 consecutive month
Receive Work Permit Letter