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New Brunswick Entrepreneur

Discussion in 'Business Immigration' started by M.R.S, Sep 12, 2019.

  1. Quote from NB website:


    NBPNP – Entrepreneurial Stream
    The Entrepreneurial Stream was developed for experienced business owners and senior managers who wish to become permanent residents by owning a business in New Brunswick (NB) and managing it, while residing in the Province.



    Eligibility Requirements
    • have an eligible connection to New Brunswick; and
    • be between 22-55 years of age; and
    • have a score of at least 5 on the Canadian Language Benchmark Test in speaking, listening, reading and writing competencies in English or French; and
    • have completed a minimum of two years of full-time post-secondary education after completing high school; and
    • have a verifiable personal net worth** of at least CAD $600,000 of which CAD $300,000 must be liquid and unencumbered funds; and
    • have at least three out of five years of experience in managing and owning a business (of at least 33.3%);
      or
      have five years out of five of experience in a senior business management role or more;
      and
    • want to live permanently in New Brunswick, while owning and managing a local business; and
    • be able to invest at least $250,000 CAD of your own funds to establish a business in NB.
    Unquote:

    I have 2 queries ,

    1 - What is meant by "have eligible connection to New Brunswick" ???

    2 - I have worked five years as a senior management position but i am not working for last 2 years, the guide line says that "have worked five years out of five " does this means tha i am not eligible as in last five years i have worked for three years ??

    Any one considering this immigration route or already in process kindly share your experience.

    Thanks
     
  2. Hi M.R.S,

    Here is what I found in the guide for Q1:

    EOI Eligibility criteria
    Prior to submitting an EOI, you must demonstrate at least one of the following
    eligible connections:
    A. You have visited New Brunswick for at least five business days
    within the previous 24 months prior to submitting your EOI; or
    B You have participated in an Entrepreneurial Stream information
    session offered by an official representative from the Government
    of New Brunswick within the previous 24 months prior to
    submitting your EOI.
    Upcoming information sessions will be posted on the
    www livinginnb ca website
    Or, you or your spouse/common-law partner:
    C. have been awarded a diploma or certificate that required at
    least two years full-time study at a post-secondary institution
    in New Brunswick after completion of high school; or
    D. have worked 30 hours per week for at least 12 consecutive
    months in a high-skilled occupation (NOC O, A, B) for a company
    located in New Brunswick; or
    E. have family members (i e, parents, grandparents, aunt, uncle,
    niece, nephew, who are Permanent Residents or citizens of
    Canada living in New Brunswick for at least 12 months, or
    dependent children studying in NB).


    For Q2:
    I am not sure. I guess you might not be eligible. Or it could be that you can not claim any points in that area.
    Any expert or who have been through the process might be of helpful.

    ///////

    My question to you:
    Will they consider NOC 0213 as senior management experience?

    Thanks and Regards,
    Kovurs
     

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