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New Brunswick Business Immigration Stream

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New Brunswick Business Immigration Stream

The New Brunswick Business Immigration Stream is a pathway designed to attract experienced business individuals who are interested in establishing or acquiring a business in New Brunswick, Canada. This stream offers opportunities for entrepreneurs to contribute to the economic development of the province by creating jobs and investing in local communities. Eligible candidates with the required net worth and investment funds are invited to apply for permanent residency in New Brunswick. Successful applicants are expected to actively manage their business and contribute to the growth of the local economy. The Business Immigration Stream of New Brunswick aims to foster entrepreneurship and innovation while enhancing the province's economic prosperity.

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The New Brunswick 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.

The Express Entry system oversees three primary immigration programs in Canada:

Canadian Experience Class (CEC):
  • Step 1: Learn about working and living in New Brunswick.
  • Step 2: Gather all necessary documents.
  • Step 3: Create a profile on the New Brunswick INB system and submit an Expression of Interest (EOI).
  • Step 4: Await an Invitation to Apply (ITA) from the Government of New Brunswick.
  • Step 5: Upon receiving an ITA, submit your application to the New Brunswick Business Immigration Stream.
  • Step 6: Await a decision from the Government of New Brunswick.
  • Step 7: If approved, apply to Immigration, Refugees and Citizenship Canada (IRCC) for a work permit.
  • Step 8: Upon receiving approval, relocate to New Brunswick to establish and operate your business.
  • Step 9: After six months of business operation, apply to the Government of New Brunswick for provincial nomination.
  • Step 10: Await a decision from the Government of New Brunswick.
  • Step 11: If nominated, apply to Immigration, Refugees and Citizenship Canada (IRCC) for Canadian permanent residence.
  • Step 12: Await a decision from IRCC regarding your permanent residence application.
  • Step 13: Upon approval, receive your permanent residence visa from IRCC.
FAQ

Get Your All Answers Here

The New Brunswick Business Immigration Stream is a part of the New Brunswick Provincial Nominee Program (NBPNP). It's made for entrepreneurs with experience who want to start or buy a business in New Brunswick, Canada. This stream aims to bring in skilled individuals to create jobs and help the province grow.

Yes, successful applicants are usually required to reside in New Brunswick while actively managing their business. This residency requirement is often a key component of the program to ensure that immigrants contribute to the local economy and community.