All territories and provinces in Canada, except Nunavut and Quebec, run their own PNP overseen by the federal government. And all provincial governments have their own criteria set for the entry of immigrants for permanent residence through the Provincial Nominee Program. The advantage of this is that the governments have the freedom to choose the most suitable candidates that match their labour market needs and expectations. Moreover, at least one PNP stream in most provinces and territories is aligned with the federal Express Entry System.
Now, let’s discuss the different Provincial Nominee Programs in Canada.
OINP is a dynamic Provincial Nominee Program that allows students, graduates, entrepreneurs, and skilled workers to apply for permanent residence. It works in partnership with the Canadian government and is a reliable option for entrepreneurs looking to buy an existing business or start a new one in Ontario.
British Columbia Provincial Nominee Program (BCPNP) –
BCPNP is a Provincial Nominee Program to gain permanent residency in B.C. It follows a point-based invitation system and requires interested entrepreneurs to have sufficient investment and personal funds.
Alberta Immigrant Nominee Program (AINP) –
Alberta has PNP streams for both Express Entry and Non-Express Entry candidates. Moreover, it is one of the most popular destinations in Canada. And AINP welcomes skilled workers, graduates, and entrepreneurs to the province.
Manitoba Provincial Nominee Program (MPNP) –
MPNP invites recent graduates, entrepreneurs, and skilled workers to settle in Manitoba. Entrepreneurs looking to buy or start a new business in Manitoba without submitting a deposit to the government can apply with Manitoba Provincial Nominee Program.
Saskatchewan Immigrant Nominee Program (SINP) –
People with skills required for high demand occupations in Saskatchewan can apply for SINP. Entrepreneurs can submit a business plan for a new or partnership business and apply with SINP for permanent residency post an exploratory visit to Canada.
Nova Scotia Nominee Program (NCNP) – Nova Scotia has many Express Entry-aligned streams and is becoming a popular destination in Canada for newcomers. The program is for experienced business owners and senior business managers who will be responsible for the day-to-day management of their new or overtaken business in Canada.
New Brunswick Provincial Nominee Program (NBPNP) –
NBPNP is ideal for entrepreneurs and senior management professionals who wish to establish or carry out a business in Canada. However, the Government of New Brunswick considers only certain types of new businesses based on the labour market, yearly nomination, and current inventory.
Prince Edward Island Provincial Nominee Program (PEIPNP) –
PEIPNP is for experienced business managers and entrepreneurs who are looking to manage or invest in an established or a new business in Prince Edward Island.
Newfoundland and Labrador Provincial Nominee Program (NLPNP) –
Entrepreneurs applying with NLPNP must complete an initial exploratory visit to Newfoundland and Labrador. The permanent residence is then granted after conducting business for one year.
Northwest Territories Nominee Program (NTNP) –
Express Entry candidates have a dedicated stream under the NTNP. And entrepreneurs who are looking to invest must provide a business plan which proves that the business will create employment opportunities.
Yukon Nominee Program (YNP) –
Foreign business owners can apply to run or manage their own business in Yukon. The permanent residency application is supported after successfully running a business in Yukon for two years.
How to Choose Provincial Nominee Program
- Consider a province that needs more employment and better employment opportunities for workers with skills required in your business.
- Consider a province that has active immigration streams and programs.
- Consider a province that you have experience with.
- Consider a province based on your French-speaking skills.
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