The New Brunswick Business Immigration Stream

The New Brunswick Business Immigration Stream is an entrepreneur-focused program under the New Brunswick Provincial Nominee Program commonly known as NBPNP. It is specifically designed for individuals who have relevant business experience and are interested in starting or managing a business in New Brunswick.

This immigration stream offers a direct pathway to permanent residency, provided that the applicant successfully meets all investment, management, and settlement requirements. Successful candidates will receive a Provincial Nomination Certificate, which boosts their chances of obtaining Canadian permanent residence through IRCC.

Advantages of the Program

  • Fast-tracked immigration pathway for business investors
  • Opportunities to establish a business in a growing economy
  • Permanent residency prospects for the applicant and their family
  • Supportive business environment with access to resources and networks
  • An opportunity to contribute to the local economy by creating jobs

Who Can Apply Under The New Brunswick Business Immigration Stream?

To qualify for the New Brunswick Business Immigration Stream, applicants must meet several important criteria:

Age Requirement

Applicants must be between 21 and 59 years old at the time of application.

Language Proficiency

A minimum Canadian Language Benchmark score of 5 in English or French is required. Language proficiency must be demonstrated through an approved language test such as IELTS or TEF.

Educational Qualifications

Applicants must have at least a post-secondary education diploma, equivalent to a Canadian credential.

Business Experience

Must have a minimum of three years of experience in owning or managing a business within the last five years. The business must be actively operating and financially viable.

Investment Requirements

Applicants must make a minimum investment of CAD 250,000 in New Brunswick. The business should be able to provide at least one full-time job for an employee who is a permanent resident or a Canadian citizen.

Exploratory Visit

Before applying, candidates must conduct an exploratory visit to New Brunswick to better understand the business landscape.

Business Plan Submission

Applicants must submit a comprehensive business plan outlining their proposed business, market potential, financial projections, and job creation strategy.

How to Apply For The New Brunswick Business Immigration Stream?

Submit an Expression of Interest EOI

The first step of the application process is to submit an Expression of Interest through the online portal of the New Brunswick Provincial Nominee Program. This step will allow the government to assess your qualifications and invite the applicants to apply.

Receive an Invitation to Apply ITA

If the EOI is selected, the applicant will receive an Invitation to Apply for the New Brunswick business immigration stream.

Submit a Complete Application

Once the applicant receives the ITA, they must submit the completed application with the following documents.

  • Documents proving document ownership and business experience.
  • A business plan which shows the job creation and investment made
  • Financial documents which demonstrate the investment capacity
  • Language test results
  • Educational documents

Attend an Interview

Applicants who are selected can be required to attend an interview with the New Brunswick immigration officials to discuss their business plans and intention to settle in the province.

Obtain Provincial Nomination

If your application is approved, you will receive a Provincial Nomination Certificate, which allows you to apply for Canadian permanent residency.

Apply for Permanent Residency

With the nomination, applicants can apply for permanent residence through IRCC.

Why Choose New Brunswick for Business Immigration?

New Brunswick is home to an economy which is diverse and growing. The province provides various opportunities for businesses. The province has a supportive business environment, low operational costs and access to international and domestic markets.

Growing Business Opportunities

New Brunswick's economy continues to expand across tourism, manufacturing, technology, fisheries, and agriculture sectors. Entrepreneurs can bring up the diverse markets of the province and government support programs to establish a successful business.

Government Support for Businesses

The New Brunswick government offers various programs for funding, tax incentives and business development resources to support new businesses. There are many other programs such as investment support, mentorship programs and networking opportunities which can greatly benefit entrepreneurs.

Quality of Life and Community Support

New Brunswick is known for its affordable cost of living and high quality of life. Immigrant entrepreneurs find it easy to settle and connect with local networks. This will help them establish strong business ties.

Access to Skilled Labor

The province is home to a well-educated workforce. This makes it easier for businesses to recruit skilled workers. The New Brunswick Critical Worker Program helps employers bring in foreign workers to fill in the labour shortages.

The Role of the New Brunswick Critical Worker Pilot Program

In addition to the New Brunswick business immigration stream, skilled workers also have the opportunity to immigrate through the New Brunswick Critical Worker Pilot program. This program focuses on addressing labour shortages in major industries and allows skilled workers to get employment-based immigration to Canada. This program best suits entrepreneurs who are looking to hire skilled workers. This is an excellent resource for attracting foreign talent and supporting their business growth.

Why Choose Croyez Immigration?

Getting through the Canadian Immigration process can be complex. Our consultants at Croyez Immigration specialize in business immigration and provide customized guidance which will help entrepreneurs establish themselves successfully in Canada. Our expert services include the following.

  1. We assess the eligibility of each applicant to qualify for the New Brunswick business immigration stream.
  2. We help you in preparing a detailed business plan that will meet the immigration requirements.
  3. Our consultants will assist with the documentation and application submission process.
  4. We provide expert advice on investment and business setup.
  5. We help applicants to connect with employers through the New Brunswick Critical Worker program.

The New Brunswick Business Immigration Stream is an excellent opportunity for entrepreneurs who are looking to begin a business in Canada and get permanent residency. The province has a supportive business environment, immigration-friendly policies and a strong economy which makes it an ideal destination for business investors. Applicants wanting to apply under this program, our consultants are here to help you assist you in every step of the process.