Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream
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Program |
Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream |
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Minimum Net Worth |
For businesses in the Greater Toronto Area (GTA): CAD 800,000 OR for businesses outside the GTA: CAD 400,000 OR for businesses in the ICT/Digital Communications sector (regardless of location): CAD 400,000 |
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Minimum Investment |
In the GTA: CAD 600,000 and ownership of 33.3% of the business OR Outside the GTA: $200,000 and ownership of 33.3% of the business OR In the ICT/Digital Communications sector: $200,000 and ownership of 33.3% of the business |
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Experience |
At least 24 months of full-time business experience in the last five years as a business owner or senior manager. |
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EOI System |
Yes (province publishes information on previous draws) |
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Managerial Role |
Required |
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Business Plan |
Required |
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Exploratory Visit |
Required for business succession only |
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Interview |
Required upon request of OINP |
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Refundable Deposit |
Not required |
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PR/Work permit |
Temporary work permit; PR after meeting program requirements |
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Additional Requirements |
Sign a Performance Agreement with Ontario |
