(OINP) Ontario Entrepreneur Stream Program

OINP Entrepreneur Stream Immigration

The Entrepreneur Stream is a method of immigration under Ontario Immigrant Nominee Program (OINP). This stream of immigration encourages foreign entrepreneurs who are interested in living in Canada to immigrate by setting up a business in Ontario or purchase an existing business in the province, and obtain permanent resident status for the applicant, the applicant’s family, and up to one business partner.

This stream of immigration has 2 stages:

Stage 1 – express your interest in this program, apply online, and follow the appropriate steps including an in-person interview at Toronto, Ontario.

Stage 2 – a temporary work visa is granted and you have 20 months to implement your business plan and submit a report. If the business meets all the requirements you will be eligible for nomination for permanent residence

Stream Advantage

• Toronto is the fastest growing city in Ontario economically with an abundance of business opportunities; it is the top-choice city for new immigrants
• Prior to official immigration, applicants can apply for Temporary Work Permit and come work in Canada, experience the life style Ontario has to offer, and research and set up the children’s education needs ahead of time.
• Low personal investment funds required
• Low net asset required

Application requirement

• Each applicant must invest $200,000 – $600,000 CAD or purchase an existing business establishment depending on the sector or industry
• Each applicant must have a minimum net worth of at least 400,00 to 800,000 CAD depending on the sector or industry
• If needed, a business partner of the applicant can also be nominated for Permanent Residence for the purpose of establishing a business together in Ontario.
• Prior to the nomination for Permanent Resident, the entrepreneur and business partner must achieve the minimum requirement of this immigration stream within two years (proficient English level included)
• Must provide 1-2 permanent full-time job opportunity for Canadian Citizens or Permanent Residents.
• Must have 2 years of business experience at senior management level within the last 5 years

Application steps

1. Professional assessment
2. Sign retainer
3. Collect supporting documents
4. Register an EOI
5. Complete application
6. Temporary work permit
7. Business establishment
8. Nomination
9. Permanent resident applicant
10. Medical exam
11. Permanent resident approval

The Ontario Immigrant Nominee Program (OINP) has an entrepreneur stream that gives an entrepreneur (and up to one foreign national business partner) the opportunity to be nominated for permanent residence once their business has been established in Ontario. It is focused on making it faster/priority to come to Canada, with low-language requirements and good employer connections.

The OINP entrepreneur program is a good way for entrepreneurs from outside Canada interested in coming to Canada and starting a business. Applicants can choose from buying an existing Ontario business or opening a new business with a low personal investment.

The OINP application process is relatively straightforward. The program is open to a wide range of business activities, including but not limited to:

• Food and beverage production
• Retail and wholesale trade
• Professional, scientific and technical services
• Information and cultural industries

Many companies and individuals come to us for help with their OINP applications. We can help you with every step of the process, from preparing your application to getting your visa.

Our experienced team can provide you with the guidance and support you need to make your OINP entrepreneur program application a success. Fill out an assessment form today!