Legality
The stream is an immigration stream under the Ontario Immigrant Nominee Program established under the Ontario Immigration Act, 2015, and its regulations. It’s a recently introduced program with no backlog that will help investors land quicker than the other programs offered in Canada, the program is for Experienced Business Owners, Entrepreneurs, and or Senior Business Managers from outside Canada that are interested in starting a new business or buying an existing business in Ontario. It gives an entrepreneur (and up to one foreign national business partner) the opportunity to be nominated for permanent residence once their business has been established in Ontario.
Investment Options
Entrepreneurs, Experienced Business Owners,High salaried individuals (i.e., CEO, COO, Managing Partner, Senior Directors etc.) can apply for this program if the principal applicant has minimum personal net worth (based on proposed business is to be located) as below:
INSIDE GTA (GREATER TORONTO AREA)
1
Individuals with a minimum personal net worth of CAD 800,000 with the intention to invest CAD 300,000 / CAD 600,000 or more in an active business.
OUTSIDE GTA (GREATER TORONTO AREA)
2
Individuals with minimum personal net worth of CAD 400,000 with intention to invest CAD 200,000 or more in an active business.
Eligibility
To qualify for residency by investment, the main applicant must meet the following criteria.
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Be of outstanding character.
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18 years or above of age
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Hold no criminal record.
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Have excellent health.
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Have a high personal net worth.
Eligible Dependent
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Spouse
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Unmarried children under 21yrs age are, financially dependent on the main applicant.
About Country
Canada, the second-largest country in the world by land area, is located in North America. Known for its breathtaking natural beauty, multicultural society, and strong economy, Canada offers a high standard of living and diverse opportunities for residents and visitors alike.
Canada's economy is one of the largest globally and is driven by a mix of industries. Natural resources, including petroleum, minerals, and timber, have historically played a significant role. However, the country has also diversified its economy into sectors such as manufacturing, technology, finance, healthcare, and entertainment. Canada has a well-developed social welfare system, providing its residents with accessible healthcare, quality education, and social support programs.
Education is highly regarded in Canada, with numerous prestigious universities and colleges attracting international students. The country's educational institutions are known for their academic excellence, research contributions, and multicultural learning environments.
FREQUENTLY ASKED QUESTIONS
HOW LONG DOES IT TAKES TO OBTAIN RESIDENCE PERMIT (via OINP) IN CANADA?
Usually, it takes 06 to 08 months, but it may vary from a client to client based on their profile and their commitments while providing required documents / information.
WHAT ARE THE BENEFITS IF I CHOOSE OINP?
Migrating to Canada via OINP “Ontario Immigrant Nominee Program - Entrepreneur Stream” offers you multiple benefits, some are stated below: -Right to live and run your business in Canada. -Free education & healthcare. -Social services benefits. -No tax on global income. -Option to transfer key employees from home company. -Straight & Expedited process. -Pathway to Canadian citizenship.
WHAT IS GTA AREA?
The GTA “Greater Toronto Area” is considered to city of Toronto and Durham, Halton, York and Peel regions.
WHAT IS THE MINIMUM INVESTMENT REQUIRED FOR RESIDENCE PERMIT (via OINP) IN CANADA?
Individuals with minimum personal net worth of CAD 400,000 with intention to invest CAD 200,000 or more in an active business.
WHAT ARE THE INVESTMENT OPTIONS?
Entrepreneurs, Experienced Business Owners,High salaried individuals (i.e., CEO, COO, Managing Partner, Senior Directors etc.) can apply for this program if the principal applicant has minimum personal net worth (based on proposed business is to be located) as below: -INSIDE GTA (GREATER TORONTO AREA) Individuals with minimum personal net worth of CAD 800,000 with intention to invest CAD 300,000 / CAD 600,000 or more in an active business. -OUTSIDE GTA (GREATOR TORONTO AREA) Individuals with minimum personal net worth of CAD 400,000 with intention to invest CAD 200,000 or more in an active business.
WHAT ARE THE ELIGIBILITY CRITERIA?
Principle applicant must be over 18 years of age or more must, be of no criminal records, principal applicant can include spouse, and unmarried children financially dependent on him or her if they are below 21 years of age, to know more about it please contact one of our experts.
CAN I DO ANY BUSINESS IN CANADA ON OINP ENTREPRENEURE STREAM?
No, there is an official list of Ineligible busines types that you have to review before you start the process, list of these business types is as below: -automated car wash business -holding companies -laundromats -pawnbrokers -pay day loan and related businesses -scrap metal recycling -tire recycling -a business involved in producing, distributing or selling pornography or sexually explicit products or services, or providing sexually oriented services -businesses which have been previously owned or operated by a current or former OINP Entrepreneur Stream nominee or a nominee under the former investor component of the Opportunities Ontario program If your proposed business will be located in GTA, existing franchises in Ontario “new foreign franchises expanding into Ontario are permitted”, gas stations, and bed & breakfasts are also ineligible.
ARE THERE ANY MANDATORY REQUIREMENTS FOR THE OINP ENTREPRENEURE STREAM?
Yes, principal applicant must -You must be actively involved in the day-to-day management activities of your business. -Be able to Listen, read, write, and speak English or French at a Canadian Language Benchmark (CLB) Level 4. -Be physically living in Ontario for 75% of the time during which you establish your business. -Receive a temporary work permit and arrive in Ontario within 12 months of receiving approval at Stage 1 and inform the program of your arrival within seven days.
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