Immigrant entrepreneurs from inside or outside of Canada can apply for permanent residence through a program called Rural Entrepreneur Stream.
Who is an entrepreneur?
An entrepreneur is a person who sets up a business with the aim to make a profit. An entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
The Rural Alberta Community
The 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.
The rural Alberta communities are any community with a population of less than 100,000. In addition, the community must be outside of the Calgary and Edmonton Census Metropolitan Area
Exploratory visit
Candidates interested in a specific rural Alberta community should connect with the community contact person to discuss their business proposal and schedule an exploratory visit. Each community has their own process for scheduling an exploratory visit.
Candidates are required to submit an Exploratory Visit Report with the Business Application whether the visit was conducted in-person or by web-based video conferencing.
Eligibility
To be eligible for this stream, candidates must meet the following criteria:
Work experience:
Have either a minimum 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.
Education:
Completed a minimum of high school equivalent to the Canadian standard
Language:
Have a minimum Canadian Language Benchmark (CLB) level of 4 for each English language skill
Net worth:
Minimum net worth of $300,000.
Business investment:
Minimum investment of $100,000 from candidate’s own (and/or spouse/common-law partner) equity.
Business establishment:
Minimum ownership of 51% for a new business. Business Partners must be Canadian Citizens or Permanent Residents.
Job creation:
New businesses must create at least one full-time job for Canadian Citizens or Permanent Residents
Community support letter:
Candidates must have a Community Support Letter from a participating rural Alberta community.
After you are nominated
After your nomination is accepted, you may apply for permanent residence or to extend your work permit or nomination.
Contact us for Assistance
Shams Immigration Inc. is a leading Canadian immigration services incorporate with years of experience and is dedicated to helping you immigrate to Canada.
Dr. Mike (Mahmoud) Aleshams
C: +1 416-400-0939