Newfoundland and Labrador International graduate Entrepreneur

Introduction

The Newfoundland and Labrador Provincial Nominee Program (NLPNP) provides in-demand experience and skills to future immigrants to become a part of the eastern province's growth workforce by its skilled worker, Express Entry Skilled Worker, and international graduate streams of immigration. The International Graduate Entrepreneur is a category of NLNP, which is created for the international or foreign nationals who have graduated from a post-secondary program in Newfoundland & Labrador for at least 2 years.

What is an NLNP International Graduate Entrepreneur?

The International Graduate Entrepreneur category is one of the categories under the Newfoundland and Labrador Provincial Nominee Program (NLPNP). This international Graduate Entrepreneur permits the Newfoundland post-secondary institutions graduates to apply for Permanent residency. To apply for this PR, the graduates must have at least 1 year of experience in holding and operating a business in the province. The applicant should have a complete connection with the province and must show the language proficiency in either French or English. If the Applicant wants to settle in Nova Scotia, then they may be nominated for PR Status. They will receive an invitation by the government to apply for this stream. This International Graduate Entrepreneur stream is completely for the new 3 graduates of a Nova Scotia university or the Community College of Nova Scotia.

Eligibility Criteria for International Graduate Entrepreneur

The Eligibility Requirements for the NLNP international Graduate entrepreneur category are discussed below:

Applicants Eligibility Criteria

  1. Education qualification:

    Candidates need to complete at least 2 years of a post-secondary program in Newfoundland and Labrador, especially at the College of the North Atlantic or Memorial University within the previous 2 years.

  2. Experience in Business:

    The candidates should have at least 1 year of experience in managing and owning a business in Newfoundland and Labrador. The applicant should hold a minimum one-third of ownership in the business. In some cases, the candidates should have a Valid post-graduation work Permit(PGWP).

  3. Language Proficiency:

    In this requirement, the applicants should demonstrate their language proficiency in either French or English, with a minimum 7 CLB (Canadian Language Benchmark) level.

  4. Investment requirement:

    To get qualified, the Applicants must show an interest in investing a certain amount of Capital in their business.

Eligibility Criteria Business:

  1. Starting the firm for professional reasons, functioning as a for-profit company, according to Canadian tax laws, and fulfilling local legal requirements
  2. The Applicant must qualify as a permanent establishment in Nova Scotia for income tax.
  3. The Candidates need to actively participate in the business from Nova Scotia. And they should be able to significantly contribute to the Economic Growth of Nova Scotia.

Application Process

The application process for the NLNP International Graduate Entrepreneur is given below. Follow every step to assure that you can apply for permanent residence while starting and managing a business in Newfoundland and Labrador.

Submission of Expression of Interest (EOI):

In this process, the Applicants need to fill an online EOI form. This information included in the EOI Form includes:

  • Education qualification
  • Work Experience
  • Language Skills
  • Business plan and more

You need to fulfill all the eligibility requirements to submit the EOI. An EOI is only accepted from individuals who fulfill the minimal requirements, and it can be kept in the waiting list for up to a year. Your application will be removed if you are not chosen within that window of time, but you can reapply if circumstances change.

Invitation to Apply (ITA):

If the applicants score high in EOI, then they may get an invitation insisting them to apply to the program. And the applicants must submit a complete application along with the supporting documentation for the data you submitted in the EOI, and you need to pay application fees of CAD $250 and submit a business continuity plan and an auditor report.

Personal Interview:

Once the application is completed, the applicants need to attend an in-person interview. The interview will involve a visit to your Newfoundland and Labrador business site. A nomination recommendation will be made for your application if you pass the interview.

Application of Permanent Residence:

If the applicants get nominated, then they can apply to the IRCC Federal Government for Permanent residency. This process needs to be done within 6 months of getting the nomination. Your Confirmation of Permanent Residence, if granted, must be delivered to the Newfoundland and Labrador Office of Immigration within 30 business days.

Benefits of NLNP International Graduate Entrepreneur

The Newfoundland and Labrador Provincial Nominee Program (NLNP) International Graduate Entrepreneur provides various benefits for the foreign graduates who wish to commence their business in the province. Those benefits include:

  • The international Graduate Entrepreneur program offers a pathway to permanent residency in Canada for international graduates, for those who want to establish and run a business in Newfoundland and Labrador. This allows the candidates to live and work in Canada for a long period.
  • This program supports the graduates by offering guidance and resources to start and grow their businesses, and making it simpler to succeed in a new environment.
  • This program encourages the international graduates to reside in the province, to contribute to the local community and economy by establishing jobs and business opportunities.
  • If the graduate becomes a permanent resident, then they may be eligible to apply for Canadian citizenship, and can gain the full rights as a Canadian citizen.
  • By establishing a business, the graduates can enhance their local economy and create job opportunities, and they can benefit themselves as well as the province.

Why Choose Croyez immigration

Croyez immigration, the top immigration consultants act as a trusted advisor for the candidates who wish to go through the tricky process of the NLNP International Graduate Entrepreneur. During the entire process of application, our professional advisor team will provide you guidance and direction. We guarantee you that we will provide you complete guidance throughout all the stages of the process. The reason to choose Croyez Immigration is given below:

  • Our Visa agents get a clear view on the NLNP International Graduate Entrepreneur stream and assist you based on your need.
  • We are dedicated to making an easy and convenient service for people to get Canadian permanent residency. Contact us to begin your trip now and enjoy your auspicious future.
  • Croyez immigration offers a personalized service and customized solution based on the candidate’s profile at every situation.
  • We provide a transparent and full-fledged service from the start to the end stage of the process.

NLNP International Graduate Entrepreneur permits the candidates to apply for Canadian permanent residency. It enables the graduates to study in Newfoundland and Labrador and to establish, or operate a business.