A Guide to Nova Scotia Entrepreneur Stream

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Nova Scotia has become a popular destination for entrepreneurs to conduct business. The Canadian province is rich in natural resources, boasts a high-quality workforce, transportation is affordable and reliable, and it offers an excellent infrastructure.

Nova Scotia Entrepreneur Stream

Nova Scotia offers two pathways under the NSNP Entrepreneur Stream to make the process smoother for individuals who want to set up businesses there to take advantage of the province’s lucrative business environment.

Entrepreneur Category
International Graduate Entrepreneur Category

Each of the two pathways has requirements that entrepreneurs need to be aware of and different application processes for each. This guide will comprehensively summarize the two pathways under the Nova Scotia Entrepreneur Stream.

NSNP Entrepreneur Category

The Entrepreneur Category comes under the Nova Scotia Entrepreneur Stream, designed for foreign businesspersons who want to acquire or set up a new business in Nova Scotia.

Let’s study all the requirements and the application process under the Nova Scotia Entrepreneur Category.

Program Basic Requirements

Age: At least 21
Minimum Net Worth: $600,000 CAD
Minimum Investment: $150,000 CAD
Intent To Reside In The Province: Mandatory
Experience: Min. 3 years in business management (with 33.3% ownership) or 5 years senior business management role.
Language Proficiency: CLB 5 (English or French)
Expression Of Interest: Mandatory
Nova Scotia Office of Immigration Invitation: Mandatory

Application Process

NSNP International Graduate Entrepreneur Category

International students who have graduated from the University of Nova Scotia or the Nova Scotia Community College and plan on acquiring and operating a business or starting and running a business in the province can apply through the NSNP International Graduate Stream.

Program Basic Requirements

Age: Graduates must be over the age of 21.
Minimum Business Revenue: Variable depending on the. of employees.
Experience: Min. 1 year as a business owner (33.3% ownership required).
Education: Completed a program lasting 2 or more years at a Saskatchewan College or University.
Language Proficiency: CLB7 or Above in English or French.
Work Permit: PGWP Mandatory.
Intent To Reside In The Province: Mandatory
EOI: Mandatory
Nova Scotia Office of Immigration Invitation: Mandatory

Application Process

NSNP International Graduate Entrepreneur Stream

Entrepreneur Stream vs. International Graduate Stream

Here is a comparison of the eligibility requirements for the Entrepreneur Stream and International Graduate Stream Requirements compared side-by-side that can give prospective applicants a better perspective:

Requirements	Entrepreneur Stream	International Graduate Category
Work Experience	All applicants must have at least three years of experience in owning and actively managing a business, OR over five years of experience in a senior business management role.	All applicants must have at least a year’s continuous experience in actively managing and owning a business, with at least one-third of ownership of the business.
Minimum Education	None	Applicants must have completed a post-secondary degree or diploma through a program at a university in Nova Scotia or the Nova Scotia Community College. The program must have spanned at least two years, and the applicant must have resided in Nova Scotia and attended in-person classes for the program.
Business Plan	Not required	Required
Language Proficiency	CLB 5 or higher	CLB 7 or higher
Business Ownership Share	33.33% or higher	33.33% or higher
Minimum Business Investment Amount	Entrepreneurs must be capable of investing at least $150,000 CAD or more to establish a business in Nova Scotia.	None

How ELAAR can help you?

Prospective entrepreneurs and business people who wish to apply for the Nova Scotia Entrepreneur Stream should contact us. Our team of Regulated Immigration Consultants is well-versed in all the requirements for each category under the Nova Scotia Entrepreneur Stream. We can help you optimize your application to improve your chances of receiving a provincial nomination. Start your entrepreneurial journey in Nova Scotia the right way with Elaar Immigration.