New Ontario Entrepreneur Stream
In an effort to further help the post-pandemic growth, the province of Ontario is starting a two-year entrepreneur initiative with the intention to recruit 100 international entrepreneurs to start or develop businesses outside of the Greater Toronto Area (GTA).
These nominations will be through the Entrepreneur Stream of the Ontario Immigrant Nominee Program (OINP).
The goal of this initiative is to help create more local jobs in various sectors of the economy including information technology, life sciences, and tourism and bring new investment opportunities to regions sometimes overlooked by entrepreneurs.
To be considered, the applicants will be required to invest a minimum of $200,000 into their business. Applicants will be nominated for permanent residency once their business is operating in Ontario for a period of 18-20 months.
The information in this blog is not to be interpreted or construed as legal advice. Everyone’s immigration goals, objectives and situations are different. Please contact us to speak to a consultant for advice.
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Canada By Choice is a Canadian Immigration Firm based in Windsor, Ontario. Founded in 2007, Canada By Choice Immigration is widely considered as one of the most respected immigration firms in our region. We have earned our reputation as a world class firm by providing dedication and personalized service to each and every unique case before us.
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