Ontario Immigrant Nominee Program (OINP) for Corporate and Entrepreneurs Stream

Immigration News Article November

Canada has now new government leads by the Prime Minister Mr. Justin Trudeau. After long time kept out of power it liberal party is back with majority in the Parliament. Immigrant community has so much hope particularly from immigration minister to have changes in the system to bring families to Canada.

While there is so much written for the Political issues, the Ontario Provincial Nominee program has recently launched two streams for business category called ‘Corporate’ and ‘Entrepreneur’ category. As well the current program Ontario Immigrant Nominee Program (OINP)’s Investor component has been withdrawn.

Brief program information for the Ontario Business category is as under:

Ontario Immigrant Nominee Program: Entrepreneur

The Ontario Immigrant Nominee Program’s Entrepreneur Stream is designed to support individuals from countries outside Canada who are looking to implement a new business initiative or buy an existing business in our province. The program offers entrepreneurs the opportunity to be nominated for permanent resident status once their new business has been successfully established in Ontario.

You may be eligible for this program if you have a viable business activity that will bring significant economic benefit to our province. You and your business partner may apply for a temporary work permit in order to establish your business if your proposal is approved. Once your business has been successfully established, you and one business partner may be eligible for nomination by the Province.

  • Minimum investment of $500,000 CDN for each potential nominee, depending on location and sector
  • Minimum net worth of $800,000 CDN for each potential nominee, depending on location and sector
  • If required, the entrepreneur may identify a business partner for nomination to assist in the establishment of the business in Ontario
  • The entrepreneur and/or business partner will have two years to meet minimum program requirements (including language) prior to permanent residence nomination
  • You must create at least two full-time, permanent jobs for Canadian citizens or permanent residents

Ontario Immigrant Nominee Program: Corporate Stream

The Ontario Immigrant Nominee Program’s Corporate Stream helps and supports established international corporations looking to expand into Ontario or buy an existing business. Once your business has been successfully established, key staff is eligible to apply for nomination that could lead to permanent resident status.

You may be eligible for this program if you have a viable business activity that will bring significant economic benefit to our province. Once the application has been approved, key staff may apply for a temporary work permit in order to establish the business.

  • Corporations must invest a minimum of $5 million CDN in a new or existing business
  • Key staff seeking nomination must be currently employed with the corporation and be essential to the operation of the business in Ontario
  • Must create five full-time, permanent positions for Canadian citizens or permanent residents per nominee position
  • Key staff nominees will have two years to demonstrate a minimum language requirement prior to permanent residence nomination

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