Colo lombia/Peru • Applies to citizens/PRs of FTA countries • FN must be employed by foreign company for 6 months (in last 3 years) prior to transfer – not 12 months • Transferees include category of management trainee on professional development • Employee with post-secondary degree on temporary work assignment to broaden knowledge and experience in preparation for a senior leadership position
Korea • Only applies to citizens of FTA countries • Transferees include category of management trainee on professional development • No requirement for median wage for specialized knowledge position • However, wage remains important indicator of specialized knowledge
CETA – In Intra-Corporate Transfers • FNs could have been employed or been partners of foreign enterprise for 12 months prior to transfer • Eligible positions: senior personnel, specialists or graduate trainees • Senior personnel assessed as executives under NAFTA • Specialists assessed as specialized knowledge under NAFTA • Graduate trainees must • Possess university degree • Be temporarily transferred to Canada for career development or obtain training in business techniques/methods
WPs Maxim imum Durations • Executive/managerial – 7 years • 4.5 years under CETA • Specialized knowledge – 5 years • 4.5 years under CETA • Management trainees (Korea) – 3 years • Graduate trainees (CETA) – 1 year
Breaks and Recaptured Tim ime • Once max ICT WP duration is reached, ICT available again once FN has assignment with foreign branch for at least 12 months • Normally, duration of WP will be used to calculate ICT cap • However, documented time spent not working (either inside or outside Canada) during duration of WP can be “recaptured” to allow FN full 5 or 7 years of physical presence in Canada • E.g. period of work at foreign office; child leave
WP Appli lication Particula lars • Place of application • Outside Canada for non-visa exempt countries • Upon entry for visa-exempt countries • Highly discouraged in situation of start-up ICT • Within Canada under R199 (where applicable) • NOC 0 and A occupations “eligible” for Global Skills Strategy processing standards – 14 days
WP Cover Letter/Submissions GSS processing (likely applicable) • Client, employee and position identifiers and subject line • Brief summary • Employer • Brief description • Ownership structure • Qualifying relationship between foreign co. and Canadian co. • Employee • Education/qualifications • Work experience – involvement with foreign co. • Position • Duties, hours, salary • Nature of transfer and justification •
WP Cover Letter/Submissions • Summary of business plan (if new business) • Company location • Anticipated growth • Revenue goals • Anticipated job creation • Ties to home country • Provide necessary explanations • ‘Yes’ answers to statutory questions – e.g. visa refusals • Documents not available • Prior applications • Itemized list of enclosed documents
Transition to PR • Following one year of full-time work in Canada → eligible for offer of arranged employment • Extra 50 or 200 CRS points depending on NOC • If FN owns 50%+ Canadian employer, experience will not count as Canadian experience for CEC or EE points • Possible employer-driven PNP options depending on employer requirements • Most employer-driven PNPs not available for employees with more than 10% ownership
Treaty In Investors
Guid idelin ines and PDIs Is • R204(a) – T22: see NAFTA PDIs • https://www.canada.ca/en/immigration-refugees- citizenship/corporate/publications-manuals/operational- bulletins-manuals/temporary-residents/foreign- workers/international-free-trade-agreements/north- american.html • Chile, Peru, Colombia and Korea FTAs follow NAFTA guidelines • R204(a) – T46: CETA • https://www.canada.ca/en/immigration-refugees- citizenship/corporate/publications-manuals/operational- bulletins-manuals/temporary-residents/foreign- workers/international-free-trade-agreements/canada- eu/investors.html
Treaty In Investors – Advantages • Low investment amount • None is prescribed in the treaties but general rule of $80,000 to $100,000 min • Available for start-ups • No need to maintain operation of foreign enterprise
Treaty In Investors - Dis isadvantages • Limited to certain nationalities • Investment must normally be of a corporate nature • Investor must be majority owner or own controlling interest on the business • Option to bring employee in executive or supervisory position to manage investment • Investment is expected to be substantial enough to benefit Canadian economy, not just provide living for applicant • Not a PR program, but possibility to transition later
Treaty In Investors – Generali litie ies Investing enterprise must have nationality of treaty country (e.g. • properly registered in the US, Mexico, Chile, Korea, Peru, Colombia) Enterprise must be constituted or organized under applicable • law and can include a corporation, trust, partnership, sole proprietorship, joint venture or other association • Enterprise must be a real and active undertaking which operates to produce some service or good for profit • At least 50% of the entity established in Canada must be directly owned by individual or corporate person with nationality of treaty country The place of incorporation of an enterprise is not an indicator of • nationality → Nationality is indicated by ownership
Treaty In Investors – In Investment A substantial investment must have been made OR is actively being made • • “Investment” involves placing funds or other capital assets at risk in the hope of generating a profit or a return Can’t be a non -for-profit operation • • No minimum dollar figure established for meeting the requirement of “substantial” investment • Experience dictates that less than $80,000-$100,000 may not be sufficient • Substantiality is normally determined by using a proportionality test in which the amount invested is weighed against one of the following factors • Total value of the particular enterprise in question; OR Amount normally considered necessary to establish a viable enterprise of the • nature contemplated Investment must be significantly proportional to the total investment • Only the amount already invested or irrevocably committed for investment can be • considered in determining substantiality Objective of investor status is to promote productive investment in Canada • Not applicable if the investment, even if substantial, will return only enough • income to provide a livelihood for the applicant and family
In Investors – Foreig ign Natio ional Investor must have nationality of the treaty country • Or PR in the case of Peru and Colombia • An investor seeks temporary entry solely to develop and direct the operations of • an enterprise in which the applicant has invested, or is actively in the process of investing, a substantial amount of capital • “Develop and direct“ means that the applicant should have controlling interest in the enterprise (more than 50%) • Could be special cases where person has effective control even if less ownership; joint ventures are also accepted If applicant is in the process of investing, mere intent to invest or prospective • investment arrangements will not suffice Must be close to the start of actual business operations, not merely in the • stage of signing contracts or scouting for locations and property • Investment funds must be irrevocably committed to the business • Applicant must demonstrate prior or present possession and control of the funds/assets invested or to be invested
In Investors – Brin inging Emplo loyee under In Investor Status Nationality requirement • Prospective Canadian employer must be a citizen of the treaty country who • is maintaining investor status in Canada; or Prospective employer is a corporation or other business organization, where • the majority ownership is be held by citizens of the treaty country • If majority owner(s) not residing in treaty country, must be maintaining investor status in Canada • Citizen of treaty country who is also a Canadian PR does not qualify to bring employee under investor status Employee criteria • Role must be executive, managerial or supervisory → directing, controlling • and guiding the operation OR employee who possesses essential skills that are vital to the • effectiveness of the firm’s Canadian operations over and above qualifications required of an ordinary skilled worker
WP Appli lications Parti ticula lars • Due to complexity of application, application should be done at visa office prior to coming to Canada rather than POE (if FN is allowed to apply for WP at POE) OR within Canada under R199 (where applicable) • • Duration of WP Initial WP can have a maximum duration of 1 year • Extensions should be granted for a duration of up to 2 years • provided that all requirements described above are continued to be met Additional form to submit with application • • https://www.canada.ca/content/dam/ircc/migration/ircc/englis h/pdf/kits/forms/imm5321b.pdf • NOC 0 and A occupations “eligible” for Global Skills Strategy processing standards – 14 days
In Investors under CETA • Investor WP (T46) follows similar rules and principles as NAFTA Provisions apply to FNs who • Are the investor OR • • Will establish, develop, or administer the operation of an investment in a capacity that is supervisory or executive OR Are employed by an enterprise that has committed or is in the • process of committing a substantial amount of capital • One year WP with discretionary extensions • Business visitors for investment purposes New with CETA • • Employee in a managerial or specialist position who is responsible for setting up an enterprise but does not engage in direct transactions with the general public and will not receive direct or indirect remuneration from a Canadian source • As other BVs under CETA, maximum stay is 90 days in 6 month period (unless eligible for entry under R186(a) and R187
Transition to PR • Following one year of full-time employment in Canada → eligible for offer of arranged employment • Extra 50 or 200 CRS points depending on NOC • Will only apply to those who come as employees of company constituted in Canada • If FN owns 50%+ Canadian employer, experience will not count as Canadian experience for CEC or EE points • Possible employer-driven PNP options depending on employer requirements • Most employer-driven PNPs not available for employees with more than 10% ownership
Owner/Operator LMIA
O/O /O LMIA - Advantages • No minimum investment amount • But must make sense given business plan • Available to any nationality • No requirement for pre-existing foreign enterprise • No need to maintain operation of foreign enterprise
O/O /O LMIA - Dis isadvantages • Practically, not an option for start-up • Requires existing Canadian company with adequate financial performance and need for new owner/operator • 50%+1 upfront investment is risky without guarantee of success • Not best model for tax saving purposes • Must have employee relationship with Canadian company • Must own company directly • Not a PR program, but possibility to transition later
LMIAs Generally Permission to hire a TFW issued to employers who in most • cases have demonstrated that they cannot find qualified employees amongst the pool of Canadian citizens/PRs • O/O LMIA exempt from recruitment LMIA WP will be employer-specific • R200(5) – Genuineness factors • Is the employer actively engaged in the business in • respect of which the offer is made? Is the offer consistent with reasonable employment • needs of the employer? Are the terms of the offer such that the employer is • reasonably able to fulfil? Past compliance of the employer with federal or • provincial employment laws
O/O /O LMIA Advertising Varia iation https://www.canada.ca/en/employment-social-development/services/foreign- • workers/variations.html • These positions are for business owners only. They are not intended for individuals receiving shares as part of a compensation package • To qualify, FNs must demonstrate prior to submitting their application, and for the duration of their employment in Canada, that They have controlling interest in the business • • By being the sole proprietor, OR By being a majority shareholder (hold a minimum of 50.1% of the • shares), OR By providing an official document to confirm that one shareholder • has controlling interest • They cannot be dismissed Variation : no advertisement or recruitment required • • Prior language of this variation provided that entry of FN should result in creation or retention of opportunities for Canadians and/or skills transfer • Arguably, still important
Clie lient Checkli list • Tend to request more documents than required to help understand the business and prepare application • Some documents should be reviewed prior to execution to make sure language is consistent with LMIA standards (e.g. job offer, agreement of purchase and sale) • Registration documents Articles of incorporation/amalgamation, Master Business Licence, • intra-provincial registration, etc. Provincial/municipal business license (If applicable) • • Documents evidencing purchase of business and new ownership • Shareholders’ agreement Agreement of purchase and sale • • Share Certificate Central Securities Register • Provincial/territorial workplace safety and insurance (if applicable) • Collective Bargaining Agreement (if applicable) •
Clie lient Checkli list • Canada Revenue Agency (CRA) Documentation • T2 Schedule 100 and Schedule 125 for last 2 tax years • PD7A Statement of Account for Current Source Deductions for 12-month period preceding application • T4 General Summary of Remuneration Paid, most current year ending
Clie lient Checkli list • Employment offer OR contract Title of position • Anticipated start date and duration • • Hours per week Salary • • Benefits Main description of duties • Other provisions the company uses in their employment letters and • offers • Reference to the fact that O/O employee cannot be dismissed • Employee’s bio page from passport • Employee’s CV • Employee’s provincial certification (where necessary) Business plan • • Provide substantial input during preparation
O/O /O LMIA Specific ics Can apply under High-wage LMIA or LMIA supporting PR • High-wage application must include Transition Plan • • Low-wage LMIA unlikely for position of this nature Business plan practically mandatory • Must shows how the O/O will fund and grow the business, role • of O/O and how the O/O will maintain or create jobs Amongst other elements, financial projections and timeline of • events O/O roles requires active management of the business → not • passive investment • Ownership must be direct → not through holding company FN must be direct shareholder to be considered O/O •
O/O /O LMIA Specific ics • FN’s position should correspond to credentials, qualifications and experience • R200(3): An officer shall not issue a work permit to a FN if there are reasonable grounds to believe that the FN is unable to perform the work sought • Must possess sufficient English/French level to operate business • Per ESDC internal guidelines, the wage of principal owner does not need to match prevailing wage • BUT, company should be financially able to pay O/O salary and any projected increase in staff • Wages significantly lower than median can call into question genuineness of job offer and financial viability of business
Start-Ups • Although possible “in theory”, unlikely in reality • New businesses call into question whether employer is actively engaged in the business in respect of which the offer is made (R200(5)) • ESDC internal guidelines – officers will consider • Preparation made towards opening of business • Soundness of business plan • Plan to hire Canadians in reasonably short time • Despite these guidelines, not a recommended strategy • If client is a start-up, ensure client is aware of likelihood of negative decision
Conditional/Contin ingent Purchase • Better to avoid them • Will need to be worded very carefully in purchase agreement • Have money held in escrow by lawyer pending LMIA decision • ESDC internal guidelines – officers will consider • How far along are the two parties towards completion of the transaction • Demonstrate genuine intention to sell/purchase business and reasonable efforts towards this goal • Soundness of business plan
LMIA Cover Letter/Submis issions • Client, employee and position identifiers and subject line Specify O/O stream • Brief summary • • Employer Brief description • • Ownership structure Purchase by O/O (if applicable) • Position • • O/O duties, hours, salary Replacement of prior operator • • Justification for required skills/experience Employee • Education/qualifications • • Work experience How she/he meets position requirements • • Ownership
LMIA Cover Letter/Submis issions • O/O advertising variation • Application to particular case • Benefits of hiring TFW • Transition Plan • Emphasize employer’s expansion plans, unique industry • Projected financial performance • Management transition • Training plan • Maintain/increase employment of Canadians • Summary of business plan
LMIA Cover Letter/Submis issions • Provide necessary explanations • Documents not available • Compliance issues • Refused applications • Prior applications • Itemized list of enclosed documents
Clie lient In Instructions Foll llowing Submissions • Enclose full application and advise client to review carefully • Advise on timing of call/contact with ESDC/SC officer • Will have better idea once LMIA fee is charged • Check email provided regularly (including spam) and voicemail • Given nature of application, representative usually on call • Usually officers will schedule call in advance • Let client answer non-technical questions
Clie lient In Instructions Foll llowing Submissions • Confirm employer paid for application and all recruitment costs Anticipated questions • Overview of company • • Nature of business and ownership structure Expansion plans, number of employees, layoffs • • Current management and transition plan Position (summarize in email – stick to LMIA script) • If LMIA alternatives, why LMIA • • Contract duration Duties • • Hours Salary and benefits • Need of position • • O/O qualifications All written communications/submission should be reviewed by you •
WP Appli lication Particula lars • Place of application • Outside Canada for non-visa exempt countries • Upon entry for visa-exempt countries • Within Canada under R199 (where applicable) • NOC 0 and A occupations “eligible” for Global Skills Strategy processing standards – 14 days • Include all necessary evidence of employee qualifications • Language test results, if appropriate • O/O LMIAs and WPs are usually limited to 1 year • May be issued for less to check whether business plan is put into place
Transition to PR • Job offer supported by valid LMIA or LMIA WP → eligible for offer of arranged employment • Extra 50 or 200 CRS points depending on NOC • Most positions will be NOC 00 → 200 points • As FN owns 50%+ Canadian employer, experience will not count as Canadian experience for CEC or EE points • Most employer-driven PNPs not available for employees with more than 10% ownership
Federal PR Programs for Entrepreneurs
Federal PR Programs – Pros and Cons • Advantage • Direct path to PR • Low or no minimum investment • Disadvantages • Long processing times • Bureaucratic hurdles make it impractical
Start-Up Vis isa • Objective: target immigrant entrepreneurs who are: innovative, can create jobs for Canadians and can compete on global scale Plan to settle in a province other than Quebec • • Biggest hurdle - application conditional on letter of support from designated Venture capital funds OR • Angel investor groups OR • • Business incubator organizations https://www.canada.ca/en/immigration-refugees- • citizenship/services/immigrate-canada/start- visa/eligibility/designated-organizations.html • Minimum investment to raise $200,000 from venture capital • $75,000 from angel investor • • No need to secure investment from business incubator but must be accepted into program
Start-Up Vis isa • Up to 5 co-founders with qualifying business can apply for PR Each applicant must hold at least 10% of voting rights attached to all • shares • Applicants and designated organization must cumulatively own more than 50% of all voting rights Candidate requirements • CLB 5 in English/French • • Sufficient settlement funds for family size (same federal table as skilled workers) At time of PR • • The business must be incorporated in Canada • Applicants must provide active and ongoing management of the business within Canada Essential part of operations of business must take place in Canada •
Federal Settle lement Funds Table le Number of Funds Required Family Members (in Canadian dollars) 1 $12,475 2 $15,531 3 $19,093 4 $23,181 5 $26,292 6 $29,652 7 $33,014 For each additional family member $3,361
Self lf-Employed Program • Restricted opportunities to FNs who Intend to settle as self-employed individuals in Canada • • Have relevant experience in cultural activities, athletics or farm management Score 35 points based on selection criteria • • Relevant experience Cultural activities • 2 one-year periods being self-employed in cultural activities, or • • 2 one-year periods participating at a world-class level in cultural activities, or A combination of two one-year periods in one and the other • • Athletics 2 one-year periods being self-employed in athletics, or • 2 one-year periods participating at a world class level in athletics, or • • A combination of two one-year periods in one and the other Farm management – suspended as of March 10, 2018 • • Calculation of period for relevant experience Must be during the period starting five years prior to application and ending on the • day IRCC makes a decision on the application
Self lf-Employed Program – Sele lection Crit iteria ia Selection criteria Maximum points Education 25 Experience 35 Age 10 Ability in English and/or French 24 Adaptability 6 TOTAL 100
Provincial l Nominee Options – Permanent Residence
Provincial l Nominee Opti tions – Pros and Cons • Advantage • More “direct” path to PR • Disadvantages • High net worth/investment requirements • Experience as business owner required or needed for competitive advantage • Costly and complex • Preparation and processing can be lengthy • EOI programs can be very competitive • Some programs lead to WP first and may not result in PR if province not satisfied with company performance
Net Worth/Investment Comparison Chart Province Min. Net Worth Min. Investment Alberta (Farming) $500,000 $500,000 British Columbia $600,000 $200,000 Manitoba (Entrepreneur Pathway) $500,000 $250,000 (Winnipeg) $150,000 (outside Win.) Manitoba (Farm Investor Pathway) $500,000 $300,000 New Brunswick $600,000 $300,000 - Also program for int’l graduates (no min) - Also program for int’l graduates (no min) Nova Scotia $600,000 $150,000 - Also program for int’l graduates (no min) - Also program for int’l graduates (no min) Ontario (Entrepreneur) $1,500,000 (GTA) $1,000,000 (GTA) $800,000 (Outside GTA/ICT) $500,000 (outside GTA/ICT) Prince Edward Island $600,000 $150,000 Quebec (Investor) $2,000,000 $1,200,000 Quebec (Entrepreneur) $300,000 $200,000 Quebec (Self-employed) $100,000 N/A Saskatchewan (Entrepreneur) $500,000 $300,000 (Regina and Saskatoon) -Other options for farming business $200,000 (elsewhere)
PNP Busin iness Applic lications – 4 Models ls Permanent Application Residence Permanent Work Application Permit Residence Expression Permanent of Interest Application Residence (EOI) Expression Permanent Work of Interest Application Permit Residence (EOI)
Ontario Im Immigrant Nominee Program – OIN INP • Corporate Stream (OINP CPD) • Entrepreneur Stream
Entrepreneur Stream – Overview • Steps 1. Submit Expression of Interest (EOI) 2. If invited to apply, submit application • If approved, sign Performance Agreement (PA) 3. Under temporary work permit, aim to meet PA • If candidate meets PA → nomination certificate
Entrepreneur Stream – Candid idate Requir irements • Experience • At least 36 months (of last 60) of full-time business experience • As a business owner OR as a senior manager (either one must be selected in EOI) • Net worth • Minimum $1,500,000 if business in GTA • Minimum $800,000 if business outside GTA • Minimum $800,000 (even in GTA) if ICT / Digital Communications industry
Entrepreneur Stream – In Investment Requir irements • Personal investment • Minimum $1,000,000 and 1/3 of equity ownership if business in GTA • Minimum $500,000 and 1/3 of equity ownership if business outside GTA • Minimum $500,000 and 1/3 of equity ownership if ICT / Digital Communications industry • Job creation • 2 permanent full time jobs for Canadian PR or citizens • Exploratory visit • Mandatory in last 12 months if purchasing existing business • If business partner also seeking nomination, both must meet and invest minimum requirements • E.g. 4 jobs and $2,000,000 investment if GTA
Entrepreneur Stream – Busin iness Crit iteria • Business must intend to make a profit • Primary income sources must be from active (earned) income – not passive • Proposed business must comply with Canadian legal and regulatory requirements, as well as labour legislation • Proposed business must be considered a permanent business in Ontario • Third party investors must be a Schedule I or Schedule II bank or an institutional investor
Entrepreneur Stream – Busin iness Crit iteria • List of ineligible businesses • Varies depending on GTA or outside the GTA • Additional requirements if purchasing existing business
Entrepreneur Stream – Candid idate Req’s at Nomination • After WP is issued and prior to being nominated for PR, candidates must • Have active day-to-day management of business • Physically reside in Ontario 75% of ever year under work permit • CLB 4 (English or French) in all criteria
The Steps of an Entrepreneur Stream Appli lication • Step1 • Online Expression of Interest (EOI) • No fee • Allows candidate to be in pool for 1 year
2018 Entrepreneur Stream Draws
The Steps of an Entrepreneur Stream Appli lication • Step 2 • Invitation to apply to highest scoring candidates and payment of fee • Review of information declared in EOI • If approved, sign Performance Agreement • Description of business • Investment amount and timelines • Number of jobs to be created • Mandatory business milestones and timeframes
The Steps of an Entrepreneur Stream Appli lication • Step 3 • Arrive in Ontario under temporary work permit within 12 months • Business establishment – max of 20 months to meet business plan in Performance Agreement • Full-time positions must be filled continuously for at least 10 months and within 10 months of arrival • OINP will monitor business • Submit Final Report within 18-20 months after arrival • If Performance Agreement fulfilled → nomination certificate for PR
Im Immigration, Div iversité et In Inclusion Québec • Investor Program • Entrepreneur Program • Self-Employed Worker Program
Quebec Im Immigrant In Investor Program • Only immigration program requiring a passive investment • Net worth of at least $2 million • 2/5 years full-time work experience in business management (planning, supervision and control of human, physical and financial resources) • Agreement to invest $1.2 million with an approved financial intermediary • Guaranteed by Quebec government for 5 years at 0% interest • Investment can be financed • Returned after 5 year maturity period (unless financed)
Quebec In Investor Program • Cap of 1,900 applications • Intake: September 10, 2018 to March 15, 2019 • No cap and priority processing if applicant demonstrates advanced-intermediate knowledge of French • Level 7 of the Échelle québécoise des niveaux de compétence en français des personnes immigrantes adultes OR level B2 of the Common European Framework of Reference for Languages
Brit itis ish Colu lumbia Provin incial Nominee Program – BCPNP • Entrepreneur Immigration
BCPNP Entrepreneur Im Immigration
Requir irements – Applic licant • Net worth of $600,000 • Work experience (last 10 years) • Minimum 3 years experience as an active business owner-manager (ownership of 10% or more) • OR minimum 4 years experience as a senior manager • OR a combination of at least 1 year experience as an active business owner-manager and at least 2 years experience as a senior manager
Requir irements – Applic licant • Active management • Applicant must actively manage the business in B.C. and be accountable for day-to-day operations at place of business • Must be demonstrated in Final Report to be nominated • Education • Minimum 2 years post-secondary education • OR experience as an active business owner-manager with 100% ownership of the business for at least 3 of the past 5 years • Residency • Reside within 100 kilometres of the business in B.C. • Be a resident in B.C. for at least 75% of the time while on WP • This must be demonstrated in Final Report to be nominated • Have or be eligible for legal status in Canada
Requir irements – Busin iness • Can be proposal to establish new business, purchase existing business, or form a partnership • Investment • Min $200,000 derived from personal net worth • If proposing a Key Staff member, minimum personal investment of $400,000 • Job creation • Min 1 permanent, new full-time job for Canadian citizen/PR • Demonstrate likelihood of supporting long-term employment of Canadian citizens/PRs • Consistent employment of the required number of full- time jobs for at least six months must be demonstrated in Final Report to be nominated
Key y Staff Member • May propose one Key Staff member whose expertise is essential to the success of the proposed business • Eligible for WP and may be eligible to be nominated for PR if performance expectations are met • Requirements • Prove benefit of staff member over Canadian counterpart • Minimum investment of $400,000 • Creation of minimum 3 full-time positions for Canadian citizens/PRs • Must have worked with investor in senior position for at least 1 year • NOC 0 or A job at median wage or above • 2 years post-secondary education
Regis istration Scoring
BCPNP 2018 Entrepreneur IT ITAs
Alb lberta Im Immig igrant Nominee Program – AIN INP • Self-Employed Farmer Stream
Elig ligibil ility Crit iteria • Sufficient resources to develop a sustainable primary production farming operation • Min net worth of $500,000 or confirmation of access to a similar amount of funds from other sources • Min investment of $500,000 of equity in a primary production farming business in Alberta • $500,000 is the bare minimum • May be required to show ability to invest more • Investment intentions must be documented in proposed business plan • Applications representing the best opportunity for growth to Alberta's agri-food targets will be given priority
Elig ligibil ility Crit iteria • Proof of farm management skills • Financial documentation of existing farm business • Documentation of education, training and work experience • Proposed business plan for the farming enterprise being considered in Alberta • Proof that Canadian financial institution is willing to finance proposed business
Saskatchewan Im Immig igrant Nominee Program – SIN INP • Entrepreneur • Farm Owner and Operator • Young Farmer Stream
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