OINP Entrepreneur Stream
One of Canada’s main economic hubs, Ontario is an attractive destination for immigrants worldwide. It boasts the best healthcare facilities, educational institutions and employment opportunities. Ontario is the home of Canada’s capital Ottawa.
The Ontario Immigrant Nominee Program (OINP) Entrepreneur Program attracts individuals with business experience willing to establish a new business or purchase an existing one in Ontario. The OINP Entrepreneur stream targets entrepreneurs with the vision, expertise, and financial capability to start or expand a business that will contribute to Ontario’s economy and create job opportunities for its local residents. Successful applicants under the entrepreneur stream in Ontario are nominated by the Ontario Government for Canadian permanent residency, provided they meet the requirements and commit to fulfilling their business obligations in the province.
Ontario Business Investment Immigration
The Ontario PNP program, as mentioned above, is meant to invite financially well-off immigrants with a well-thought-out business plan and intention to establish their own business in Ontario. The main target of the Ontario business immigration stream tends to be experienced business owners and senior business managers who want to settle in Ontario. This is one of the most efficient pathways to obtaining a Canadian Permanent Residence.
There are a few criteria for applicants that they must fulfil to demonstrate their Expression of Interest. This includes business experience, net worth, criminal history, the number of jobs created by them, etc.
Let us learn more about the Ontario Investment Visa immigration Program as we go on.
- Who can utilize this program
- Age of the main investor or businessman should be between 20 and 55 years of age
- The investor, if is investing in Greater Toronto Area, will have to prove that the investor’s personal net-worth stands at CAD $800,000
- The investor, if is investing in non-Greater Toronto Area, will have to prove that the investor’s personal net-worth stands at CAD $400,000
- The investor, should invest a minimum of CAD $600,000, if investing in Greater Toronto Area
- The investor should invest a minimum of CAD $200,000 if investing in non-greater Toronto area.
- The investor should provide documents that prove that the investor has a good 24months and above of business management experience just before applying for the OINP –Entrepreneur program
- The investor will have to make a 5-day visit to Ontario to make a detailed study about the business and the province, the location and its market growth.
- The investor will have to achieve a CLB of 5 in language proficiency.
- 3 major factors that impact the immigrations in Ontario
Ontario Entrepreneur’s benefits with this program
For any business professional, global expansion is a profitable opportunity, which the OINP offers. With the Ontario Entrepreneur Program Points Calculator, individuals can assess their eligibility based on specific criteria. Meeting the Ontario Entrepreneur Program requirements opens doors to various benefits, such as
- The Entrepreneur can visit Ontario to gauge the situation before making a decision.
- They get a temporary work visa during which they can set up their business and start managing the establishment right away.
- After the entrepreneur addresses all the rules and regulations, they get a nomination from the province for Permanent residency in Canada.
- Entrepreneurs can plan their businesses before proceeding.
- This allows the entrepreneur to spread their business wings.
- The main applicant can bring their immediate family along with them.
- Children in Canada get access to free education
- Every resident and citizen in Canada is provided with unlimited healthcare benefits.
- They will be eligible for citizenship in 4 years.
- The business owners get easy access to the whole of North American markets.
By making use of the Ontario Entrepreneur Program business owners can access the support needed to succeed in Ontarios market. Whether they aim to launch a business or grow an established one this program paves the way, for success providing chances, for development and prosperity.
Ontario Visa Immigration Process - Express Entry
The Ontario Immigration Visa process offers a pathway for individuals looking to settle in the communities of the province. Programs such as the Ontario Investment Visa Immigration program provide chances for immigrants to contribute to the development and cultural diversity of Ontario. The OINP investment visa serves as an option for investors and entrepreneurs seeking residency while also boosting the economy.
By grasping the details of the Ontario Visa Immigration process, individuals can smoothly navigate through Express Entry and other relevant pathways, ensuring their chances of being nominated for Permanent Residence in Ontario. Whether pursuing business endeavors or exploring job opportunities, The Ontario government embraces newcomers with warmth, promoting an environment of innovation and inclusivity by offering several streams that align well with Ontario’s labor market.
- Step 1 – Submit application through the Express Entry portal along with right documents
- Step 2 – Submit Expression of interest.
- Step 3- receive Invitation to apply for Nomination
- Step 4 – Submit application with the province for Nomination
- Step 5 – Decision from the Province about the nomination
- Step 6 – Entering into agreements with the Province
- Step 7 – Work Permit for 2 years
- Step 8 – After 2 years, submit report and apply for review
- Step 9 – Obtain nomination from the province
- Step 10 – Submission of PR application with IRCC
- Step 11 – Obtain Permanent Residency
Get in touch with our Ontario Business Investment Visa Consultants in Dubai, UAE.
Navigating through the OINP Business Investment Visa process can be hectic and frustrating when you do not have the best guidance, which is what XIPHIAS’s OINP visa consultants are here for. We will guide you at every step of the Visa application and processing period, preparing every necessary document and aligning your background with the eligibility criteria. Our Ontario business visa consultants will ensure you have the smoothest transition to your settlement in Ontario.
Reach out to our Immigration experts, who boast over fifteen years of experience, for the most accurate and efficient services. And you can... just relax while we make sure you have a hassle-free experience.
XIPHIAS Immigration helps you and guide you in every way to fulfill your dreams to settle in Canada. We have all the expertise to prepare your application and advice you before and after you come to Canada on how to accomplish the conditions put forth by the Canadian Authorities. Now is the time to take advantage of great life style in Canada. The opportunities are unlimited.
Our Immigration Coordinators will reply your inquiry within 48 hours and provide you with FREE phone Consultation Service.
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Phone: +971-521 021 001