The Nova Scotia Entrepreneur stream targets candidates with business ownership or senior management experience. They must live in Nova Scotia, either start a new business or buy an existing business, and actively participate in the day-to-day management of that business.
Under the Entrepreneur stream, candidates are first issued a temporary work permit before applying for permanent residence after operating the business for a year. The stream uses an Expression of Interest format, where candidates in a pool are invited to apply.
Entrepreneur Stream: Candidate Requirements
- – Be aged 21 or older.
- – Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
- – The minimum net worth of $600,000.
- – Minimum investment of $150,000 to establish or purchase a business in Nova Scotia.
- – Minimum 3 years of experience actively managing and owning a business (33 percent ownership minimum) OR more than 5 years of experience in a senior business management role.
- – Score a minimum of 5 on the Canadian Language Benchmark in speaking, listening, reading, and writing in English or French.
