Canadian Law Group

Canadian Province of the Month: Nova Scotia

Nova Scotia is one of Canada's three Maritime Provinces on the East Coast. The capital region, Halifax, houses one of Canada's oldest and most prestigious universities, Dalhousie University. The population of Nova Scotia is just under 1,000,000 inhabitants, while just under half of the province's population, 410,000 people, live in Halifax. Nova Scotia boasts the nation's fourth-largest film industry and is home to 40% of Canada's military assets. It is noteworthy that Nova Scotia is the largest exporter of Christmas trees, lobster, gypsum as well as wild berries. Nova Scotia exports over $1 billion in fish products which are a major industry in the province.

Applicants interested in Nova Scotia must either start a new business or buy an existing one while participating actively in the day-to-day management of the business. Application for the NS Entrepreneur stream is by invitation only. The applicant entrepreneur may be nominated for Permanent Resident (PR) status after operating the business for at least 1 year.

 

 NS Entrepreneur Stream Eligibility Requirements: 

-must be 21 years of age or older;

-must have the desire to live permanently in NS while owning and
participating in the day to day management of a local business;

-must have a net worth of minimum $600,000 CAD;

-must have a minimum of 3 years' experience
in managing and owning a business (minimum 1/3rd ownership)

OR

at least 5 years' experience as a senior business manager;

-applicant must have adequate English or French
language skills: scored 5 or over on the Canadian Language
Benchmark Test (speaking, listening, reading, and writing)
in either French or English;

-must complete an online Expression of Interest;*

-must receive an invitation to apply from NS

 

For more info: https://novascotiaimmigration.com/move-here/entrepreneur/