Newfoundland and Labrador Entrepreneur Program

International Entrepreneur

  • 21 to 59 years of age.
  • Canadian Language Benchmark 5 level of English or French in speaking, listening, reading, and writing.
  • $600,000 in unencumbered net business and personal assets that could readily be transferred to Newfoundland and Labrador.
  • $200,000 ready to invest in a new or existing business in the province.
  • At least two years’ experience actively managing and owning a business, or more than five years’ experience in a senior business management role.
  • Candidates in both categories will be required to have at least one year’s experience owning and actively operating their business in Newfoundland and Labrador prior to seeking a provincial nomination.
  • International graduate entrepreneurs with existing businesses will be eligible for nomination, pending business viability.
  • Both international graduate entrepreneurs and international entrepreneurs will be required to submit an Expression of Interest to the Office of Immigration and Multiculturalism.
  • Expression of Interest intake from International Graduate Entrepreneur applicants will be ongoing.
  • Expression of Interest intake from International Entrepreneur applicants will be opened periodically.

Ref:      NLPNP Website