November 28, 2017 – Canada's provinces are increasingly turning to two-step immigration programs aimed at entrepreneurs looking to establish businesses and be granted Canadian permanent residence.
Increasingly, provincial entrepreneur programs require candidates to spend up to two years in Canada on a conditional temporary work permit, before being issued a nomination for permanent residence.
The latest province to switch to the two-step format is Manitoba, following the introduction of a new Business Investor Stream which will begin operation at the start of 2018. The new stream replaces the one-step MPNP-Business stream, which required a deposit refundable once the candidate's business was satisfactorily established.
Manitoba joins British Columbia, Ontario, Saskatchewan and Nova Scotia in changing to a two-step process.
Prince Edward Island and New Brunswick both still operate one-step entrepreneur programs, while Alberta's Self-Employed Farmer Stream is directed specifically at agriculture specialists. Newfoundland & Labrador does not operate a business category of any description.
Meanwhile, the popular Quebec Immigrant Investor Program remains the only outright passive investment program offering a direct route to Canadian permanent residence.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer
