Northwest Territories Nominee Program — Entrepreneur Business Stream
|
Program |
Northwest Territories Nominee Program (NTNP) — Entrepreneur Business Stream |
|
Minimum Net Worth |
For businesses in Yellowknife: CAD 500,000 OR for businesses outside Yellowknife: CAD 250,000 |
|
Minimum Investment |
In Yellowknife: CAD 300,000 & at least 33.3% ownership OR outside Yellowknife: CAD 150,000 & at least 33.3% ownership OR CAD 1,000,000 investment |
|
Experience |
Relevant business experience required |
|
EOI System |
No |
|
Managerial Role |
Required |
|
Business Plan |
Required |
|
Exploratory Visit |
Required |
|
Interview |
Required |
|
Refundable Deposit |
CAD 75,000 |
|
PR/Work permit |
2-year work permit; PR after meeting the program requirements |
|
Additional Requirements |
CLB 4 in English or French Business must generate significant benefits for the Northwest Territories, including jobs for residents. |
