New Brunswick Provincial Nominee Program: Conditions, Procedure -

The New Brunswick Provincial Nominee Program for Canadian Immigration

The Canadian immigration program for business owners and senior managers in New Brunswick offers opportunities to invest in, establish, acquire, and operate a business. Along with the principal applicant, their spouse and children under 22 years old can also accompany them.

New Brunswick is distinguished by its advantageous geographical location, bordering the United States and Québec, facilitating trade. The province is home to prestigious universities and colleges such as the University of New Brunswick and St. Thomas University. The quality of life in New Brunswick is very high, with a good balance between work and life and a friendly community.

Additionally, housing prices and the cost of living in New Brunswick are quite reasonable and affordable compared to other provinces in Canada. A notable feature of this program is that investors can receive permanent residency immediately without the need for a temporary residence period, making the immigration process more convenient.

Time to Residency

3 years

Minimum Investment

250.000 CAD

Type of Investment

Entrepreneur

Visa-free Countries

Freedom to travel to 187 countries and territories

Benefits of Canadian Immigration through the New Brunswick Provincial Nominee Program

After meeting all the requirements, applicants can apply for Canadian citizenship.
Children will receive free education at public schools up to the end of high school. Once the family has obtained Permanent Residency (PR), children will be eligible for university education with tuition fees comparable to those of local residents.
The family will receive full benefits in terms of healthcare, social security, and education similar to Canadian citizens.
The entire family will be granted permanent residency with the freedom to live, study, and work in New Brunswick.

Advantages of Canadian Immigration through the New Brunswick Provincial Nominee Program

The program allows for immediate permanent residency without requiring a temporary residency period.
Assets received as gifts or inheritance can be used to meet the program's asset requirements.
The business invested in does not need to be profitable; it only needs to create at least 2 jobs for local residents.
New Brunswick, along with Prince Edward Island (PEI), is known for its high quality of life. Housing prices, living costs, and tuition fees at colleges and universities are reasonable and affordable compared to other provinces in Canada.

Conditions for Canadian Immigration through the New Brunswick Provincial Nominee Program

Applicant Requirements

Aged between 22 and 55 years.
At least 3 years of business ownership experience within the past 5 years, or 5 years of senior management experience within the same period.
Score at least 65 points on the provincial immigration points system.
Proficiency in English with an IELTS score of approximately 5.0 (General).
Graduate of at least a 2-year post-secondary program after completing high school.
Net assets must be at least CAD 600,000 (approximately VND 10.2 billion).
Meet security and health background requirements.

Investment Requirements:

Invest a minimum of CAD 250,000 (approximately VND 4.2 billion) in a business in New Brunswick.
Deposit CAD 100,000 (approximately VND 1.7 billion) as a guarantee to ensure the commitment to the investment plan.
The business plan must be viable and bring economic benefits to New Brunswick.
The business must be operational and create at least 2 jobs for Canadian residents within 12 months.

Process for Canadian Immigration through the New Brunswick Provincial Nominee Program

Step 1: Conduct an assessment and prepare a complete application with the assistance of immigration experts to ensure that the business plan and related documents meet all requirements.
Step 2: Travel to New Brunswick to conduct a feasibility survey and assess the investment environment.
Step 3: Submit an Expression of Interest (EOI) to the provincial government to express interest and register for the immigration program.
Step 4: Submit the official application as required by the province to proceed with the review process.
Step 5: Participate in a direct/online interview to present the business plan and demonstrate the ability to execute it.
Step 6: After receiving approval from the province, apply for permanent residency with the federal government to complete the procedure.
Step 7: Once granted permanent residency, move to Canada to execute the investment and operate the business as planned.

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New Brunswick Provincial Nominee Program: Conditions, Procedure