Business Investor Stream (BIS) Entrepreneur and Farmer Pathway

/Business Investor Stream (BIS) Entrepreneur and Farmer Pathway
Business Investor Stream (BIS) Entrepreneur and Farmer Pathway 2017-11-21T17:00:46+00:00
Business Investor Stream BIS Provincial Nominee program MPNP

Business Investor Stream BIS Entrepreneur and Farm Investor Stream

Business Investor Stream BIS Manitoba Immigration is for business people, investors or manager looking to immigrate to Manitoba Canada under the Provincial Nominee program Business Investor Stream (BIS). Our business and investor immigration lawyer offer fast track programs to Canadian permanent resident prospective immigrants. You can apply for permanent resident to Canada if you invest in an existing or new qualified business investment offering employment opportunities. The Provincial Nominee Program MPNP Business Investor Stream (BIS) are among the most popular business investor immigration programs in Canada. More about the Business Investor Stream BIS Provincial Nominee Program MPNP nomination below.

Business Investor Stream (BIS) Entrepreneur Pathway

Business Investor Stream (BIS) Entrepreneur and Farm

 
Important information about The Business Investor Stream BIS
The Business Investor Stream BIS is now closed for Expressions of Interest. The stream will reopen after the criteria changes have been implemented is first quarter of 2018.

The  Business Investor Stream (BIS) will replace the current PNP-B business immigration category. Business Investor Stream BIS allows Manitoba to recruit and nominate qualified applicants of the business investors and entrepreneurs from around the world. Applicants must prove the ability and  have the intent to start a new business or purchase an existing businesses in Manitoba within the first 24 months of arrival in Canada on a temporary work permit. Applicants will no longer be required to provide security  deposit of $100,000 to the Manitoba government. These changes will ensure that successful Business Investor Stream (BIS) nominees will invest in businesses that create jobs for Manitoba workers and contribute to the Manitoba economy.

There will be two pathways to the Business Investor Stream (BIS):

  • The Entrepreneur Pathway for applicants seeking to open a business in Manitoba; and
  • The Farm Investor Pathway for those intending to establish and operate a farm operation in rural Manitoba.

Business Investor Stream BIS Entrepreneur Pathway

The renewed Business Investor Stream (BIS) Entrepreneur Pathway replaces the previous MPNP-B stream. It allows Manitoba to recruit and nominate qualified successful Business Investor Stream BIS nominees who will invest in businesses that create jobs for Manitoba workers and contribute to the Manitoba economy.  business people from around the world who have the intent and ability to move to Manitoba and establish, purchase a business or become partners in an existing business.

Business Investor Stream (BIS) Entrepreneur Pathway

The Manitoba Provincial Nominee MPNP Business Investor Stream (BIS) BIS Eligibility Criteria

1) Business Experience requirement - Business Investor Stream BIS

  • Minimum of three years of full time work experience in the past five years either as an active business owner or working in a senior management role of a successful business.
  • Business owners are given higher points in comparison to senior managers.
  • Business owners must have at least 33 1/3% ownership to qualify for points.

2) Official Languages Proficiency requirement - Business Investor Stream BIS Entrepreneur

  • Minimum CLB/NCLC 5

3) Education requirement - Business Investor Stream BIS Entrepreneur

  • Minimum Canadian high school certificate equivalent

4) Age requirement - Business Investor Stream BIS Entrepreneur

  • No minimum or maximum age; however, ranking points are allocated to candidates 25 to 49 years of age.

5) Business Investment requirement - Business Investor Stream BIS Entrepreneur

  • Minimum investment is $250,000 for businesses situated in the Manitoba Capital Region.
  • Minimum investment is $150,000 if a business is situated outside of the Manitoba Capital Region.
  • Business Investment must be made in an eligible business as defined by the MPNP.
  • The proposed business must create or maintain at least one job for a Canadian Citizen or a Permanent Resident in Manitoba (excluding owners of the business and/or their close relatives).

6) Business Research Visit requirement - Business Investor Stream BIS Entrepreneur

  • A Business Plan is required and is an integral part of the application supporting Business Investment.
  • A business research visit allows the applicant to conduct extensive research of their future business investment or proposal. The Business Research Visit must be conducted no more than one year prior to the submission of your EOI.

7) Adaptability additional points - Business Investor Stream BIS Entrepreneur

Additional Points will be allocated to you if:

  • Your spouse has CLB/NCLC 5 or higher;
  • You or your spouse have CLB/NCLC 5 or higher in the Second Official Language;
  • You or your spouse or common-law partner have a close relative currently residing in Manitoba for more than one year;
  • Your child is enrolled in an accredited Manitoba educational institution and is actively pursuing academic, professional or vocational training on a full-time basis for at least six months prior to the date of submission of EOI; and/or
  • You or your accompanying spouse or common-law partner have completed a program of full-time study for at least one year at a post-secondary institution in Manitoba. You or your accompanying spouse or common-law partner must have done this after you turned 17 years old and with a valid study permit;

OR

You or your accompanying spouse or common-law partner have completed at least six months of continuous full time employment in Manitoba. A letter of reference from the employer and a copy of the work permit must be provided.

Net Worth Minimum Requirement - Business Investor Stream BIS Entrepreneur

  • Minimum of $500,000
  • Your personal net worth will be verified by a third-party supplier approved by the MPNP. A verification report, along with the application, must be submitted to the MPNP within 120 days of receiving your LAA.

Business Performance Agreement

  • After an application is approved, a Business Performance Agreement (BPA) must be signed prior to the MPNP issuing you a letter of support for applying for a work permit.

Farm Investor Pathway - Business Investor Stream BIS Farm

The renewed Business Investor Stream BIS Farm Investor Pathway (FIP) replaces the previous Farm Strategic Recruitment Initiative. The Pathway is for qualified applicants with farm business experience, sufficient available capital to invest, and who intend to establish and operate a farm operation in rural Manitoba.

Qualified applicants of the Business Investor Stream BIS Farm Investor Pathway FIP will establish a farm business in rural Manitoba producing primary products that is consistent with the Manitoba province’s farm industry. The type of operation and investment must correlate with Provincial statistics and be relevant to Manitoba’s farm industry. Agri-business operations not producing primary products may still qualify under the Business Investor Stream BIS Entrepreneur.

Business Investor Stream BIS Farm  Eligibility Criteria - Manitoba Provincial Nominee MPNP

1) Farm Business Experience - Business Investor Stream BIS Farm Investor

  • Minimum of three years farm business management or farm ownership and operation experience supported by verifiable documents.

2) Official Languages Proficiency Requirement - Business Investor Stream BIS Farm Investor

  • The Farm Investor Pathway (FIP) recognizes language capabilities in either of Canada’s two official languages are an important adaptability skill that will accelerate your ability to become economically established in rural Manitoba.
  • If you are invited to attend a FIP interview, you will be required to conduct the interview in either French or English.

3) Farm Business Investment Requirement - Business Investor Stream BIS Farm Investor

  • At least $150,000. You are expected to establish a farming business in rural Manitoba.
  • Farm business investments must be in eligible tangible assets as defined by the MPNP.
  • A farm business plan is required and is an integral part of the application.
  • Investments into a farm business operated primarily for the purposes of deriving passive investment income or speculative purposes are not eligible.

4) Farm Business Research Visit Requirement - Business Investor Stream BIS Farm Investor

  • You must conduct a Farm Business Research Visit to Manitoba.

5) Farm Business Activities Requirement - Business Investor Stream BIS Farm Investor

  • A farm business entity should have ongoing and recurring business activities in rural Manitoba.
  • You are required to live on the farm and actively participate in the management of the farm business on an ongoing basis from within Manitoba.
  • The farm business must be in active primary agriculture production and economically viable.
  • The MPNP requires you to conduct value-added farm business activities in Manitoba. Purely speculative activities or the use of third-party farm managers are not eligible under the MPNP.

6) Economic Establishment Adaptability Requirement - Business Investor Stream BIS Farm Investor

  • You must demonstrate adaptability, specifically relating to practical farming skills, technical knowledge and experience in technological based farming practices that will transfer directly to Manitoba’s current primary farm production industry.

7) Net Worth minimum Requirement - Business Investor Stream BIS Farm Investor

  • At least $350,000
  • The FIP retains the option to have personal net worth verified by a third-party supplier approved by the MPNP. If optioned, the verification report along with the application must be submitted to the MPNP within 120 days of receiving Invitation to Apply.

8) Business Performance Agreement Requirement - Business Investor Stream BIS Farm Investor

  • After an application is approved, a Business Performance Agreement (BPA) must be signed prior to the MPNP issuing a letter of support for applying for a work permit.

Interested employers: Kindly contact Business Investor Stream BIS Entrepreneur Farm Investor here to receive further information.

Interested candidates: Find out whether you qualify to Canada by completing our free assessment form or contact Business Investor Stream BIS Entrepreneur Farm Investor. We will provide you with our evaluation within 2 business days.

 

Business Investor Stream BIS Entrepreneur and Farm Investor  Business Immigration Lawyer and RCIC Consultant are here to help you navigate the complex application process of the Manitoba Provincial Nominee Program MPNP.

Business Investor Stream BIS Entrepreneur and Farm Investor  Business Immigration Lawyer and RCIC Consultant are here to help you navigate the complex application process of the Manitoba Provincial Nominee Program MPNP.

Business Investor Stream BIS Entrepreneur and Farm Investor lawyers provide business people and manager access to permanent residency to immigrate to Manitoba Canada under the Manitoba Provincial Nominee Program MPNP Business Investor Stream BIS Immigration Programs. The Business Investor Stream BIS provide fast-track to Canadian permanent residency immigration options for qualified immigrants.

Business Investor Stream BIS is designed for individuals with business and managerial experience who will contribute to the development of the Manitoba Canadian economy and provide employment opportunity to Canadians and permanent residents in Manitoba.

Our Business Investor Stream BIS business immigration lawyer and immigration consultant can help you identify the best business suitable based on your experience and investment needs.