Starting up a business with CAD 150,000, obtaining Canadian status in 6 months after landing
The Business Investor Stream (BIS) allows Manitoba to recruit and nominate qualified business investors and entrepreneurs from around the world who have the intent and ability to start or purchase businesses in Manitoba within the first 24 months of arrival in Canada on a temporary work permit. There are two pathways in total, of which the renewed Entrepreneur Pathway replaces the previous MPNP-B stream. Applicants are no longer required to submit a deposit of $100,000 to the Manitoba Government.Eligibility Assessment Talk to expert
Canada Manitoba Work Permit
1.Net Worth: Minimum of CAD 500,000 under the name of the main applicant or jointly owned by the main applicant and the spouse;
2.Business Experience: Minimum of three years of full-time work experience in the past five years either as an active business owner or working in a senior management role of a successful business; business owners must have at least 33 1/3% ownership to qualify for points;
3.Official Languages Proficiency: Minimum CLB/NCLC 5;
4.Education: Minimum Canadian high school certificate equivalent;
1) Minimum investment is CAD 250,000 for businesses situated in the Manitoba Capital Region;
2) Minimum investment is CAD 150,000 if a business is situated outside of the Manitoba Capital Region;
3) The proposed business must create or maintain at least one job for a Canadian Citizen or a Permanent Resident in Manitoba (excluding owners of the business and/or their close relatives).
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