The Province of New Brunswick is set to undergo a massive and radical change. While the short term price for energy is a subject of much speculation, most analysts agree that over the coming decades we will start to fall massively behind on world energy output versus demand.
New Brunswick is currently seeing massive industry investments in the energy sector, especially the city of Saint John which currently has Canada’s largest deep port Liquid Natural Gas facility under construction for the re-gasification and distribution of shipped LNG. In addition this city also has a new oil refinery under construction and is seeing large retail and business development.
The New Brunswick Provincial Nominee Program for Entrepreneurs is designed for business applicants who are prepared to make an investment in and actively manage a new or existing business in New Brunswick, in order to obtain a permanent residence visa for themselves and their families. The business person is required to have a minimum personal net worth of $300,000 CAD and make a business investment of at least $125,000.
Minimum CAN$125,000 to invest in a new business.
Minimum personal net worth of CAN$300,000.
Exemplify business ownership experience or experience in a senior management role. Minimum 5 day exploratory visit to New Brunswick prior to submitting the PNP-B application. During your exploratory visit, an interview with a senior official for the Government of New Brunswick is required.
Comprehensive business plan or a business proposal.
Demonstrate good knowledge of English and/or French.
Applicant must obtain a score of at least 50 points to qualify. You get points for age, language skills, education, adaptability, work experience, management skills, among others.
If nominated, you must be able to deposit CAN$75,000 with the Province of New Brunswick, refundable upon the successful establishment of your approved business plan.