NB Business Immigration Stream Guide
NB Business Immigration Stream Guide
NB Business Immigration Stream Guide
Stream
In the event of a discrepancy between the New Brunswick Provincial Nominee Program (NBPNP) website and
the NBPNP program guides, the information in the application program guides will be considered correct.
Please check our website regularly to ensure you are using the most up-to-date version of the guides.
All the forms and information that you need to apply to immigrate to Canada are available for free. If you follow
the instructions in the application guide, you can complete the application form and submit it on your own.
If you decide to use an immigration representative, be careful whom you ask for advice.
The NB Business Immigration Stream is an economic immigration pathway for experienced entrepreneurs who
are ready to establish, operate and actively manage a business while living and settling in New Brunswick
permanently.
This guide provides complete and comprehensive information about program requirements and eligibility. Please
carefully read it before you apply.
NBPNP applications require four stages of approval before permanent residence (PR) may be obtained.
Stage 1: Application to the NB Business Immigration Stream for a Work Permit Letter of Support
If you meet all eligibility criteria and selection factors, you can apply to the NB Business Immigration stream by
registering online and submitting an Expression of Interest (EOI).
GNB reviews EOIs and issues Invitations to Apply (ITA). If an ITA is sent to you, then you can submit a full
application online.
The processing time varies depending on the time required for the verification of documents included in your
application and on the volume of applications received. In some cases, you may be asked to attend an interview.
Successful applications result in GNB issuing a letter of support for a work permit (R205).
Your business must be operational for a minimum of 6 months, and the terms of the Business Performance
Agreement (BPA) must be fulfilled, prior to submitting a request to receive a provincial nomination certificate
from GNB.
To submit your permanent residence application to IRCC, visit the Permanent Residence Portal.
By submitting an application to IRCC, NB Business immigration stream applicants agree and acknowledge that:
• Receipt of a nomination certificate from GNB does not guarantee that a PR visa will be issued by IRCC;
• IRCC has the sole authority to decide if persons will receive a PR visa. GNB is not responsible for any
processes or decisions of IRCC; and
• IRCC will assess the application based on Canadian immigration law and make the final decision for
granting a PR visa.
PR Readiness
When applying to any of New Brunswick’s immigration streams, you must be PR Ready. This means that you:
• meet all minimum eligibility requirements and selection factors; and,
• have all the required documents on hand to prepare and submit a complete and correct application to the
Government of New Brunswick and to the Government of Canada.
Being PR Ready means more efficient processing, fewer delays and a better experience navigating the New
Brunswick and Canadian immigration programs. In most cases, this means your application will be processed
faster. For details, refer to the First Step webpage available at www.gnb.ca/immigration.
Misrepresentation
If it is found that you, or any person (included in or associated with your application) has directly or indirectly
misrepresented or intentionally withheld, or failed to submit, material fact(s) or information that induced or could
have induced errors in the administration of the program whereas you could have been issued a nomination
certificate without having provided truthful and complete information to enable GNB to properly assess the
application, your application will be refused due to misrepresentation, regardless of your ability to meet any, or
all of the eligibility requirements.
Applicants who are refused for misrepresentation are prohibited from applying to New Brunswick for
five years from the date of decision.
Furthermore, the Government of New Brunswick is obligated to cooperate with the Government of Canada to
ensure the integrity of the program. This includes sharing information including personal information and
intelligence related to program abuses, as per the details set out in the Canada-New Brunswick Memorandum
of Understanding on Information Sharing. As such New Brunswick will report to Canada without delay any
instances of suspected or confirmed fraud involving, but not limited to, applicants, employers, third-party
immigration representatives and educational institutions, subject to Section 10 of the agreement, and in
Legal status
If you are residing in Canada during the application process, you must maintain legal immigration status. Legal
status means that you are authorized to enter and remain in Canada as a temporary resident for a specific
period, either as a visitor, worker or student.
Maintained status
You may register and/or apply to the NBPNP if you are a temporary resident with maintained status in Canada.
You obtain maintained status if you are a temporary resident who applied to IRCC to renew/extend your period
of authorized stay (i.e. renewal of study or work permit) before its expiry date. You can remain in Canada and
continue to work under the same conditions as your existing permit until a decision is made on your pending
IRCC application.
GNB reserves the right to consider only certain types of new businesses or the purchase of existing businesses
for economic development. Decisions are based on the economic situation of the New Brunswick labour market,
current inventory, yearly nomination allocations distributed by IRCC, and any other factors determined by GNB.
1. Business requirements
Your business must be:
a) of economic benefit to the province;
b) established as a sole proprietorship, partnership or corporation; (in the case of a partnership, the
other partner(s) must be a permanent resident or Canadian citizen);
c) the continued operation of an existing business or the establishment of a new business;
d) a private-sector, for-profit entity with the primary purpose of earning profits through the sale of goods
and/or services; and,
e) considered a “permanent establishment” as defined under subsection 400(2) of the Canadian Income
Tax Regulations, 1985.
2. Investment
When investing in a business, you must:
a) make an eligible investment of not less than CAD $150,000 before tax (Purchases for personal use
including, but not limited to, your principal residence and motor vehicles are not considered part of
your minimum eligible investment);
b) control at least 33.3% equity in the business.
Eligible equity investments must be derived from your personal net worth and may include, but are not limited
to:
a) Business premises, including:
i. building and/or land to a maximum of 25% of your total eligible investment or actual cost,
whichever is lower; and
ii. property improvements or leasehold improvements that increase the value of the business
premises to a maximum of 25% of your total eligible investment or actual cost, whichever is lower.
b) Office equipment used by employees to enable them to perform their day-to-day duties may include,
for example, bookcases; chairs; communication devices; computers and laptops; desks; file cabinets;
fire extinguishers; first aid kit; hardware including printers, scanners and shredders; light fixtures;
office furniture; photocopier recycling bin; safe; stationery; and tools and devices.
c) Equipment necessary for use in primary production and manufacturing of goods including, but not
limited to (100% of total investment):
i. machinery; and
ii. tools; and
iii. shipping, installation and testing of equipment.
d) Initial inventory to a maximum of 50% of your total eligible investment or actual cost, whichever is
lower. Initial inventory is considered to be inventory purchased up to the opening day of your
business.
Raw materials, components and supplies
e) First 6 months of operation cost such as rent, utilities, and salary to employees.
Guide to the New Brunswick Page 4 of 23 July 2024
Immigration Stream
f) Professional services from North American companies including marketing, promotions and services
in connection with establishing the business to a maximum of 4% of your total eligible investment or
CAD $10,000, whichever is lower.
FYI: The following Government of Canada website explains the use of a vehicle for business and tax
purposes which may be useful for your business: https://www.canada.ca/en/revenue-
agency/services/tax/businesses/small-businesses-self-employed-income/business-income-tax-
reporting/business-expenses/motor-vehicle-expenses.html
The service provider will send a copy of the report directly to GNB and to you. The report will be used in the
assessment of your application. Notwithstanding the conclusions of the report, GNB has the sole discretion
and responsibility to assess your application and may request additional information, supporting
documentation and clarification regarding your personal net worth during the application process.
The amount of time it takes to evaluate your documents and prepare a verification report will vary. Factors
such as the volume of financial documents you provide, and the processing capacity of the service provider
can affect the timing. Service providers are required to complete a net worth verification report within 90 days
after you have received your ITA.
There are currently designated three Personal Net Worth Verifiers from which to choose:
Grant Thornton LLP MDD Forensic Accountants MNP LLP
Nick Ross Jarrett Reaume Roy Tong, Senior Manager,
570 Queen St, 4th Floor 1959 Upper Water Street, Provincial Nominee Program
PO Box 1054 Suite 1301 Services
Fredericton, NB E3B 5C2 Halifax, NS B3J 3N2 Suite 2200, MNP Tower,
Tel: 506-858-2525 Tel: 902-406-8886 1021 West Hastings St.
Fax: 506-453-7029 Fax: 902-422-2388 Vancouver, BC V6E 0C3
Email: Email: [email protected] Tel: 1-778-374-2102
[email protected] Website: https://mdd.com/ Fax: 604.685.8594
Website: Email: [email protected]
www.grantthornton.ca Website: http://www.mnp.ca
GNB recommends you do not engage a service provider until you receive an ITA. The report is valid for 12
months from the date of issuance by the service provider.
If you did not choose one of the designated Personal Net Worth Verifiers listed above, your
application will be refused.
If you choose a designated Personal Net Worth Verifier listed above to aid with your Business Plan,
your application will be refused.
Failure to provide all documents in the Section 5 of the Checklist and failure to provide satisfactory
evidence to verify your personal net worth and legal accumulation of funds will result in the refusal
of your application.
10. Agriculture
Opportunities in this sector exists through succession of farms for sale and within increasing land capacity
usage in emerging sectors such as apples, blue berries, potatoes and other notable crops.
Expression of Interest
Applicants must complete an exploratory visit to the province of New Brunswick in order to submit an
expression of interest. A minimum of five full business days are to be had, excluding weekends, travel days
and statutory holidays.
For your exploratory visit, you are encouraged to meet with but not limited to farm owners, industry officials,
real estate agents and other areas of importance. For additional information on the exploratory visit, please
refer to Part 4: Application Process.
Once you have decided on your proposed farm concept, you must meet with a business development officer
with the Department of Agriculture, Aquaculture and Fisheries for a review. If agreed upon, the officer will
provide a letter of support that indicates the plan is viable and provides confirmation of the meeting held.
Along with your trip report, the letter of support must be uploaded to INB when you submit an expression of
interest.
For information on Agriculture in New Brunswick, please visit the Agriculture-New Brunswick (gnb.ca)
website or send an email to the following address: [email protected].
Please note that that this criterion is specific to agriculture and requirements presented through this
program must also be met.
The exploratory visit equals 5/25 points acquired on your business plan.
Suggestions for business meetings include, but are not limited to:
a) New Brunswick business owners;
b) regional economic development officers;
c) chamber of commerce officials;
d) industry association officials;
e) commercial bankers;
f) commercial and/or residential real estate agents;
g) business brokers;
h) accountants that provide advice on business organizations, evaluations, book keeping and taxation;
i) legal counsel that aids with legal transfers, purchase agreements, etc.;
j) settlement agencies and
k) New Brunswick-based ethnic and cultural associations.
If you participate in an exploratory visit, you must submit an Exploratory Visit Report with your EOI. The
report must include the following details:
Prospective Immigrants may require a temporary resident visa (TRV) to enter Canada. If you do not require
a visa to enter Canada, you may require an Electronic Travel Authorization (eTA).
You must ensure that you have the travel documents required for travel to New Brunswick. GNB will not
provide letters of support for TRVs and eTAs, or otherwise intervene on your behalf in the event you are
denied admission to Canada as a temporary resident (either as a visitor, student or worker).
Note: to be considered, an exploratory visit must have taken place within the 12 months prior to your
application submission to the NB Business immigration stream.
During or prior to an official site visit, you must provide GNB officials with information and/or documents that
are reasonably required to verify your compliance with the terms and conditions set out in the signed and
dated business performance agreement, including but not limited to: proof of business registration and
incorporation; business permits and licenses; bank statements; invoices showing proof of eligible investment;
financial statements prepared by a certified or chartered accountant; business income tax assessments; and
payroll documents. Unannounced site visits may occur during the establishment of your business.
1. Age
You must be between 19-59 years of age. Your age is assessed as of the day that a complete application is
submitted to GNB in response to an Invitation to Apply (ITA).
Calculate your score:
Age Points Max points
19 – 49 10
10
50 – 59 5
2. Official languages
To meet the language requirement, you must submit valid test results from a designated testing organization
to show you have obtained a minimum score equal to or greater than a Canadian Language Benchmark
(CLB) 4 for English or Niveaux de compétence linguistique canadiens (NCLC) 4 for French in all four
language abilities: reading, writing, listening and speaking.
Valid language test results must be from one of the following designated language-testing organizations:
Your test results will be considered valid for the two years from the date of issuance. Test results must be
less than two years old when you submit your application to GNB. The following table shows the minimum
scores required in each of the language proficiency tests to meet CLB/NCLC 4.
3. Education
You must, at a minimum, have a Canadian secondary (high school) diploma or a foreign high school diploma
equal to a Canadian credential. If you have a foreign education, you will need an Educational Credential
Assessment (ECA) report from a recognized organization to show that your credential is valid and equal to
a Canadian credential. If you already have an ECA report, it must be less than five years old when IRCC
receives your PR application, should you receive a nomination certificate. You do not need an assessment
for a Canadian degree, diploma or certificate.
To obtain an ECA Report, you must be assessed by an organization or a professional body designated by
IRCC. They will give you a report that tells you what your education is equal to in Canada. Once you choose
a designated organization or a professional body, they will tell you how to submit your documents to get your
assessment. Designated organizations include:
Processing times and costs may vary by organization or professional body. For more information about ECAs
visit: www.cic.gc.ca/english/helpcentre/answer.asp?qnum=681&top=29
“Personal net worth” means value of total assets minus the value of total liabilities. It includes all your assets
as well as those of your spouse or common-law partner and must be in either or both of your names. You
must have a verifiable personal net worth of at least CAD $500,000*. Your personal net worth must be legally
obtained and must be verified by a third-party professional designated by GNB. You must disclose your full
net worth. Inheritances, donations and gifts received less than six months before an application is received
by GNB will not be considered eligible towards your net worth.
“Total assets” means cash in current bank accounts; fixed (term) deposits; pensions; publicly traded stocks,
bonds and mutual funds; real property and investments in one or more businesses.
* For farming applicants only, you must have a verifiable personal net worth of at least CAD $300.000. All
other requirements are the same as mentioned above.
Based on your senior management experience, you may be awarded up to a maximum of 9 points, if-
a) you manage the organization, a department, division, or component of the organization; or an essential
function within the organization; and
b) you are the senior manager in a business in two out of the last five years; and
c) you are responsible for supervising at least two employees; and
d) you have the authority to hire and terminate employment, or recommend these and other personnel
actions, such as promotion and leave authorization; and
e) you are personally involved in the day-to-day operations as a primary decision maker; and
f) you must have been actively involved in a for-profit company that is not owned or operated by a
government or voluntary sector.
Use Business Plan template NBBIS-BP to write your Business Plan. The Business Plan is for your business
to be established in New Brunswick.
You must demonstrate that you have conducted extensive research and considered relevant economic,
market and cultural factors. You must also take into account your personal strengths and weaknesses.
7. Adaptability
You may be awarded up to a maximum of 5 points if your spouse or common-law partner has studied or
worked in New Brunswick and meets the minimum level CLB 4 in English or NCLC 4 in French in all four
language abilities as validated by the results of a language test administered by a designated IRCC testing
agency.
Max
Adaptability – spouse or common-law partner
points
Completed a program of full-time study of at least one year at a recognized post-secondary
institution in New Brunswick after the age of 17 years and with a valid study permit, or
Meets the minimum level CLB 4 in English or NCLC 4 in French in all four language abilities
(i.e. reading, writing, listening, speaking)
Step 1 PR Readiness
When applying to any of New Brunswick’s immigration streams, you must be PR Ready. In the New Brunswick
Business Immigration Stream, it means that you meet all minimum eligibility requirements and selection factors
and have all the required documents on hand to prepare and submit a complete and correct application to GNB
and to the Government of Canada.
In developing the plan, you must demonstrate that you have conducted extensive research and considered
relevant economic, market and cultural factors. You must also consider your strengths and weaknesses.
In writing the plan, you must use the most updated business plan template NBBIS-BP on NBPNP official website.
Do not modify the template.
You will not receive feedback on the plan and amendments will not be permitted. You must provide sufficient
evidence in your business plan and prove the feasibility of your business plan. Per the program criteria, the plan
must demonstrate an economic benefit to New Brunswick.
GNB reserves the right to have your plan assessed by other provincial departments or economic development
groups to:
a) assess the overall quality of the plan;
b) determine if you conducted enough due diligence in the preparation of the plan;
c) assess the feasibility of operating the plan in New Brunswick;
d) assess the likelihood of becoming economically established by implementing the plan; and
e) take into consideration any other factors as determined by GNB.
EOIs will remain in the pool for a period of 12 months. If after 12 months, a candidate does not receive an ITA,
they can re-apply to the program. If more than one EOI is submitted within a 12-month period, GNB does not
guarantee subsequent EOIs will be assessed.
You have up to 90 calendar days from the date of the ITA to submit a complete application via the INB system.
If you fail to submit a complete application by the deadline, your ITA will be automatically removed, and you will
have to start the process again.
An ITA does not guarantee that your application will be approved. If you receive an ITA, and you submit your
application, your application may be refused if you do not meet eligibility requirements and selection factors as
outlined in this guide.
GNB will conduct a full review of your application and it will be assessed according to eligibility requirements and
selection factors outlined in this guide.
Interview
GNB may require you to participate in an interview as reasonably required to verify information related to your
application, or any other reason to be disclosed at the time of the request. The interview will be held in your
preferred language of English and/or French. Interpreters are not permitted during the interview. The format,
location and time of the interview will be determined by GNB. Failure to attend your scheduled interview may
result in the refusal of your application.
After receiving the Work Permit Letter of Support, you must apply to IRCC for your valid work permit. IRCC has
sole discretion whether to issue you a work permit.
Application refusal
If it is found that you do not meet the eligibility requirements, your application will be refused. If your application
is refused by GNB, you will receive a letter of refusal. There is no appeal process for refused applications.
Processing fees will not be refunded.
Within 1 month following your arrival date in Canada, you must report in writing to and submit to GNB the Report
of Arrival form (NBBIS-004)
Within 3 months following your arrival date in Canada, if for some reason the approved business plan is not
feasible or cannot be established, you shall submit a Request to Change Business Plan form (NBBIS-007) along
with a new NBBIS-BP Business Plan.
GNB shall consider the request but is under no obligation to consent to a change of business plan.
Within the first 9 months following your arrival date in Canada, your business must be open, and you must
submit to GNB the Report of Business Opening form (NBBIS-005).
Within 2 years following your arrival date in Canada, you must have operated your business for 1 year according
to the terms and conditions set out in the signed and dated Business Performance Agreement (BPA). This 2
years period is referred to as the Business Establishment Period (BEP). It is the fixed period commencing on
your arrival date in Canada and ending in 24 months.
Failure to establish your business within this period will result in the refusal of issuing a nomination certificate.
Once you have operated the business for a minimum of 6 consecutive months and have met the conditions
and approved investment amount as outlined in the Business Performance Agreement, you may submit a
Request For Nomination form (NBBIS-006) in INB or email to [email protected].
The business commencement date is the date when the business started operations in New Brunswick and
cannot begin prior to your arrival date; and it will not be considered the date the business is registered in the
province.
GNB will require certain documentation, including but not limited to, your business financial information. GNB
will also schedule a site visit with you at your place of business and conduct an interview to assess whether all
conditions of the Business Performance Agreement have been met. If successful, you will be issued a
nomination certificate.
Sample Timeline #1:
September 1, 2023 - Work permit issued by IRCC
November 1, 2023 - Arrival in Canada
December 1, 2023 - Report Of Arrival form (NBBIS-004) submitted to GNB on or before this date
August 1, 2024 - Report Of Business Opening form (NBBIS-005) submitted to GNB on this date
February 1, 2025 - 6 months business operation, and
Request For Nomination form (NBBIS-006) submitted to GNB on or before this date.
The nomination certificate will be valid for 9 months from the date of issuance and is considered valid if you
submit a complete application for PR before the expiry date on the nomination certificate.
If IRCC approves your PR application, you will be issued a Confirmation of Permanent Residence
document, which will enable you to become a permanent resident of Canada.
All documents must be provided as PDF files. You will have to scan paper documents into PDF files and convert
electronic documents into PDF files. Scanned documents:
a) must not exceed an upload size of 2 GB;
b) must be clear enough to read;
c) with images, should be scanned in color; and
d) with text-only, may be scanned at a grayscale setting to reduce the file size; and must not be enhanced
or edited.
If you are unable to provide any of the requested documentation, please include with your application a written
explanation with full details as to why that documentation is unavailable and any other documentation that would
support your claim. Failure to provide supporting documents in certain circumstances may result in the refusal
of your application.
Sign all forms as applicable. Please note that by signing these documents, you are certifying that all information
provided therein, whether prepared by you or not, is complete and true in all respects. If you or someone acting
on your behalf directly or indirectly submits false documents or misrepresents facts relating to your application
for a PR visa, your application will be refused.
All documents must be in either English or French. If a supporting document is in a language other than English
or French, you must upload a copy of the original document as well as a version translated by a certified
translator. Translators must be certified by a regulatory body and cannot be a family relative, or work for a paid
consultant who is preparing you application. You must also supply proof from the translator describing their
translation ability or certification.
The comprehensive Business Immigration stream Document Checklist (NBBIS-001) is accessible on the website
www.gnb.ca/immigration.
There is no fee associated with the submission of an EOI. Processing fees must be paid prior to submitting your
online application. Your spouse or common-law partner and dependent children are included in the processing
fee. Processing fees are non-refundable.
The $2,000 CAD processing fee is payable by Visa, MasterCard, Discover, Amex, INTERAC Online or
Visa/Debit.
Note: You and your family members must also pay for medical examinations, police clearances, fees associated
with language testing and obtaining documents. Other fees may apply including, but not limited to, language
testing, educational credential assessments, net worth verification and document translation. These fees are not
payable to GNB.
Part 7: Non-Compliance
GNB must report all cases of non-compliance to IRCC when you as an applicant fail to:
• report your arrival date within 1 month of arrival in Canada;
• open your business within 9 months after the arrival date in Canada;
• operate the business for a minimum of 6 consecutive months after business opening date; and
• comply with the terms and conditions set out in the signed and dated Business Performance Agreement.
Types of representatives
There are two types of representatives, paid (must be authorized) and unpaid. Representatives must meet the
requirements for authorized representatives stated below.
Remember: if you pay a representative or compensate them in any way in exchange for their services, GNB
considers that as paid and they must be authorized. GNB will not deal with representatives who charge a fee
but are not authorized. If you use an unauthorized representative, in Canada or abroad, GNB may return
your application or refuse it.
GNB only considers uncompensated representatives or third parties as unpaid if they do not charge fees or
receive any other compensation or benefit for providing immigration advice or related services. If your
uncompensated representative or third party is found by GNB to have charged fees for, or otherwise
benefited from acting as your representative, GNB will revoke such person’s eligibility to serve as your
representative and will refuse your application.
Correspondence from GNB will be sent to you and your representative. Therefore, it is required that you include
your personal contact information on the application. At its discretion, GNB may contact you directly to request
additional evidence or information to verify information in your EOI and/or application to determine if you meet
or continue to meet all program requirements.
Beware of fraud
You are responsible for all the information in your application even if a representative completes it for you. It is
against the law to give false or misleading information in your application. If the information on your application
is false or misleading, your application will be refused.