
Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream
Program |
Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream |
Minimum Net Worth | For businesses in the Greater Toronto Area (GTA): $800,000 OR for businesses outside the GTA: $400,000 OR for businesses in the ICT/Digital Communications sector (regardless of location): $400,000 |
Minimum Investment | In the GTA: $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 |
Experience | At least 24 months of full-time business experience in the last five years as business owner or senior manager |
EOI System | Yes (province publishes info on previous draws) |
Managerial Role | Required |
Business Plan | Required |
Exploratory Visit | Required for business succession only |
Interview | Required upon request of OINP |
Refundable Deposit | Not required |
PR/Work permit | Temporary work permit; PR contingent on meeting program requirements |
Additional Requirements | Sign a Performance Agreement with Ontario
English/French minimum CLB 4 Create at least 2 permanent, full-time jobs for a Canadian citizen or a permanent resident |