Alberta Eases Requirements for Two Immigration Streams

Alberta, home to the largest deposits of oil and natural gas in Canada…

The 4th most populous province in Canada has eased the requirements for two immigration streams. These include:

• Foreign Graduate Start-Up Visa Stream
• International Graduate Entrepreneur Immigration Stream

On December 7, 2021, the changes in the requirements for Alberta Immigrant Nominee Program (AINP) streams were announced.

Changes in Foreign Graduate Start-Up Visa Stream

Under this stream, language requirements were reduced to a minimum. That is Canadian Language Benchmark score was reduced to 5 from 7 for English, French, and all disciplines. Candidates who have completed their degree 10 years back can also get qualified for this stream. Previously the candidates who have completed their degree in the past two years.

Changes to International Graduate Entrepreneur Immigration Stream

In this stream, Alberta has eliminated the mandatory requirement of 6 months of work experience. It is the main factor that qualifies the chances of getting selected under this stream. It also allows candidates having a valid Post-Graduation Work Permit (PGWP) while submitting their Expression of Interest. In previous years, PGWP is valid only for two years.

Change to Both Streams

Apart from this, international graduates who own and operate businesses in Alberta are qualified for permanent residence who meet all these criteria.

Alberta Foreign Graduate Start-Up Visa Stream

This is an economic immigration program where foreign students outside Canada can launch start-up enterprises and innovative businesses in Alberta. The AINP stream is an association of two agencies, namely:

• Vancouver-based Empowered Start-Ups
• Calgary’s Platform Calgary

These two agencies will review overseas graduates business plans based on the following factors: ·       their ability to demonstrate market need or demand ·       the potential for successful market entry in the short-term to medium-term ·       customer acquisition ·       business development ·       key partnerships and financial plans to fund the development and operation of the start-up

After this process, the respective agency will submit a written report about its assessment and the proposed plan to initiate the business. Overseas students can submit their applications to FGSVS business.

How to register to Alberta International Graduate Entrepreneur Immigration Stream? 

For this stream, candidates must operate the business for atleast 12 months in Alberta based on their work permit. Later they can nominate AINP after meeting all the terms for the Business Performance Agreement to apply for permanent residence.

Steps to Permanent Residence

1. Submit an Expression of Interest

Candidates who meet the criteria are eligible to submit an Expression of Interest. Then they will be reviewed within 30 days of submission. The highest-scoring candidates are informed to submit a Business Application.

2. Submit your Business Application Package

After getting selected from the EOI pool, candidates need to submit a Business Application within a timeframe of 90 days. They also need to pay a non-refundable amount of $3,500 towards the application fee.

3. Business Application assessment

After submitting the Business Application, it will be approved after receiving all the necessary documents and assessing the Business Application. A signed Business Performance Agreement (BPA) will be sent to the candidate. It is a legal agreement between the candidate and Alberta, Canada. The candidate has to sign the agreement and send it to AINP within 14 days. Later they will issue a Business Application Approval Letter.

4. Establish your Business in Alberta

After receiving the Business Application Approval Letter, candidates are allowed to live in Alberta and can operate their own business for at least one year, having a minimum of 34 percent ownership.

5. Final Report for AINP Nomination

After meeting the Business Performance, the candidate needs to submit the final report for nomination to AINP. If it is approved, then AINP will issue a nomination certificate to IRCC (Immigration, Refugees and Citizenship Canada) and will issue a nomination certificate. Then candidates can happily apply for permanent residence ship in Alberta to IRCC.

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