The Ontario Immigrant Nominee Program (OINP) Entrepreneur Stream is designed for entrepreneurs who are interested in starting or acquiring, and actively managing, a business in Ontario. Entrepreneurs will come to Ontario on a temporary work permit, and be nominated for permanent residence once their business has been successfully established in Ontario.
Program Requirements:
Have at least 2 years of full-time business or senior management experience in the last 5 years
Have a minimum net worth of either:
$800,000 if proposing a business venture in the Greater Toronto Area (GTA), or
$400,000 if proposing a business outside of the GTA, or in the ICT Industry.
Be willing to invest either:
$600,000, if investing in the GTA, or
$200,000 if investing outside of the GTA, or in the ICT Industry.
Actively manage the proposed business in Ontario, and control at least one-third of the business’ equity.
Create 2 permanent full-time jobs if investing in the GTA, or 1 job if investing outside of the GTA, or in ICT
Score at least CLB 4 in either English or French (only required at the Application for Nomination stage).