5 Do’s and Don’ts of the Ontario Business Immigration Program

If you’re looking to move to Canada and start a business, the Ontario Business Immigration Program is worth considering. The OBIP   is an immigration program that recognizes and nominates foreign nationals who have the skills and experience Ontario needs for permanent residence.

In this article, we’ll cover five do’s and don’ts of the OBIP so that you can make an informed decision about whether or not it’s the right program for you.

1. Do: Research The Eligibility Requirements

The Ontario Business Immigration  Program has a number of different streams, each with its own eligibility requirements, so make sure you are eligible for the stream you are applying to. For example, the OINP Entrepreneur Stream  will let  in 100 applicants in the next two years to help recover  Ontario economy following the COVID-19 pandemic.

It may be tempting to apply for a program without meeting all of the requirements, but this is a surefire way to have your application denied. Make sure you meet all the eligibility criteria before applying.

2. Do: Have A Strong Business Plan

Your business plan is one of the most important documents in your application. Make sure it is well-written and outlines why you are a good fit for the program. Your business plan will help convince the immigration officers that you are serious about starting a business in Ontario.

If you’re applying to the Ontario Entrepreneur Stream Program you’ll also need proof of investment funds between $200,000 and $600,000.

3. Do: Gather All the Necessary Documents

One of the most important things you can do is gather all the necessary documents before submitting your application. This will help avoid any delays in processing.

Some of the documents you may need include:

• A valid passport
• Proof of funds to support yourself and your family while in Canada
• Your business plan
• A letter of intent from a business in Ontario
• Prior nomination for Permanent Residency

4. Don’t: Rush Your Application

It’s important to take your time and make sure you have all the documentation ready before submitting your application. This will help avoid any delays in the process.

It’s important to take your time and fill out the application correctly so that there are no delays in processing. You don’t want to rush your application and have it denied because you didn’t provide all the required information.

5. Don’t Guess The Answers

When drafting your OINP Entrepreneurship Stream application, you may be tempted to answer a question incorrectly if you do not fully understand the question. Unfortunately, misrepresentation may make you inadmissible to Canada and could bar you from future immigration applications.

If you are finding a question difficult or do not understand the language, seek help from a trusted advisor. Do not submit false documents and do not misrepresent your answers.

Get Ready For Your Ontario Business Immigration Program Application

Our Altec Global team is ready to help with this process and can make sure you have everything you need to submit a successful application.

Get help with your immigration today!