| Program | Ontario Immigrant Nominee Program (OINP) – Entrepreneur Stream |
|---|---|
|
Minimum Net Worth |
Within the Greater Toronto Area: 800,000 CAD. Outside of the Greater Toronto: 400,000 CAD.
If proposed business is in the information and communications technology/digital communications sector: $400,000 CAD. |
|
Minimum Investment |
Within the Greater Toronto Area: $600,000 CAD.
Outside of the Greater Toronto Area: $200,000 CAD.
If proposed business is in the information and communications technology/digital communications sector: $200,000 CAD |
|
Experience |
At least 36 months of full-time business experience in the last five years as a business owner or senior manager |
|
EOI System |
Yes (province publishes info on previous draws) |
|
Managerial Role |
Required |
|
Business Plan |
Required |
|
Exploratory Visit |
Required for business succession only |
|
Interview |
Required upon request of OINP |
|
Refundable Deposit |
Not required |
|
PR/Work permit |
Temporary work permit; PR contingent on meeting program requirements |
|
Additional Requirements |
Sign a Performance Agreement with Ontario.
English/French minimum CLB 4.
Create at least 2 permanents, full-time jobs for a Canadian citizen or a permanent resident |
