Invest and Settle in Canada as an Entrepreneur

Are you an entrepreneur or HNI looking to settle abroad? The Manitoba Provincial Nominee Program is an Investor visa that allows Manitoba to nominate qualified applicants for Canadian permanent residency. The program invites investors, entrepreneurs and HNIs from across the world to settle in Canada by setting up, purchasing or partnering in an existing business. With our experience in Canadian immigration, Y-Axis is your best bet for qualified advice and end-to-end support in applying for Canadian permanent residency through the Manitoba Provincial Nominee Program.

Manitoba Provincial Nominee Program Details

The Manitoba Provincial Nominee Program for Entrepreneurs is a fast-track route to settling in Canada and establishing your business. Under this program you can:

• Settle permanently in Canada with your dependants
• Get access to healthcare & education benefits
• Gain access to a high standard of life
• Get tax benefits upon getting residency
• Set up a business which adds to the local economy

To apply for the Manitoba PNP the following requirements are to be met:

• Settlement funds
• Language skills
• Commitment to settle in Manitoba

And if you are applying through Express Entry – educational credential assessment for education obtained outside of Canada.

The Manitoba PNP points calculator will help to select the eligible candidates who qualify for the PNP program. Candidates who can score a minimum of 60 points out of 100 in the assessment grid where the points are assessed based on five factors: language proficiency, age, work experience, education, and adaptability, will qualify for a PNP nomination.

Benefits of Manitoba Investor Visa

• Manitoba is located at the center of North America, a land of golden opportunities and plenty of natural resources.
• Manitoba is a peaceful and vibrant place to work, live, and do business.
• Manitoba’s culture and skilled workforce can be your biggest business asset. Manitoba is developed, diverse, and dynamic as a province in every sphere.
• Manitoba has everything you need to launch your business from a fixed economy to the lowest unemployment rate.
• Manitoba is not dependent on a single industry or commodity. Cities like Winnipeg are one of the urban economies in Manitoba.
• Manitoba has the lowest unemployment rate in Canada.
• Winnipeg is the lowest-cost city to carry out business operations
• If you plan to establish a business in Manitoba, you will benefit from its affordable industrial land, office rent, and electricity costs.

Business Investor Stream

Under this stream, Manitoba will recruit and nominate qualified business investors and entrepreneurs from around the world who intend to start or buy a business in Manitoba.

There are two pathways under this stream:

Entrepreneur Pathway

Farm Investor Pathway

Entrepreneur Pathway

Within the first 24 months of arriving in Canada on a temporary work permit, Manitoba can recruit and nominate suitable business persons from across the world who wish to migrate to Manitoba and start, purchase, or become partners in an existing business. The Manitoba Government no longer requires applicants to post a $100,000 deposit.

Eligibility Requirements

Business Experience: Minimum of three years of full-time work experience in the last five years, either as a successful business owner or in a senior management position.

Official Languages Proficiency: Minimum CLB/NCLC 5

Education: Minimum Canadian high school diploma equivalent

Age: There is no minimum or maximum age; however, candidates aged 25 to 49 receive more ranking points.

Investment requirements: For enterprises located in the Manitoba Capital Region, the minimum investment is $250,000.

If a company is located outside of the Manitoba Capital Region, the minimum investment is $150,000.

 Investments in qualifying businesses as defined by the MPNP must be made.

At least one job for a Canadian Citizen or Permanent Resident in Manitoba must be created or maintained by the proposed business.

Business plan: A Business Plan is required as part of the application.

An applicant might undertake thorough study on their possible business investment or proposal during a business research tour. The Business Research Visit must take place no more than one year before the EOI is submitted.

Net Worth: Minimum of $500,000

Business Performance Agreement: Prior to the MPNP granting you a letter of support for applying for a work permit, you must sign a Business Performance Agreement (BPA) after your application has been approved.

Farm Investor Pathway

Individuals with demonstrated farm business experience, sufficient accessible funds to invest, and plans to build and maintain a farm operation in rural Manitoba are eligible for the Pathway.

The FIP’s successful applicants are expected to start a farm business in rural Manitoba that produces primary products in line with the province’s present farm industry.

Eligibility Requirements

Farm business experience: Minimum of three years of farm ownership and operating experience accompanied by credible papers is required.

Language Proficiency: The Farm Investor Pathway (FIP) recognizes language skills in either of Canada’s two official languages.

If you are invited to a FIP interview, you must conduct the interview in one of two languages: French or English.

Investment requirements: Investment in a farm business of at least $300,000. In rural Manitoba, you are expected to start a farming business.

Investments in farm businesses must be made in MPNP-eligible tangible assets.

A farm business plan is required as part of the application process.

Farm Business Research Visit: You must travel to Manitoba to undertake a Farm Business Research Visit.

Farm Business activities: In rural Manitoba, a farm business organization should have ongoing and recurrent business activities.

You must reside on the farm and actively engage in the running of the farm on a regular basis.

Net Worth: At least $500,000 CAD.

Documents Required

The documentation required for the Manitoba Provincial Nominee Program includes:

• Passport & travel history
• Educational and business credentials
• Minimum of three years of full-time work experience in the past five years either as an active business owner or working in a senior management role of a successful business
• The minimum investment is $250,000 for businesses situated in the Manitoba Capital Region or the Minimum investment is $150,000 if a business is situated outside of the Manitoba Capital Region
• Minimum Net Worth of $500,000
• English Language Proficiency with CLB/NCLC 5 in IELTS
• Meet the Education & Age Criteria
• Business Research Visit to Manitoba

How Y-Axis Can Help You ?

Rely on Y-Axis to help you settle in Canada as an entrepreneur. Our teams are well versed with the intricacies of Canadian immigration and can assist you with:

• Immigration documents checklist
• Complete application processing
• Forms, documentation & application filing
• Business research visit
• Updates & follow up
• Relocation and post-landing support in Canada

Talk to us today to know how you can take advantage of this program.