Overview and advantages
The Manitoba Provincial Nominee Program (Manitoba PNP) allows candidates to settle in this quaint and welcoming province in Canada in order to create or partner up with an existing local business. Other than the prospect of participating and developing in a business-friendly environment, the main advantage of this program is the acceleration of the immigration application by the Canadian Government.
Demonstration of at least CAD 350,000$ in assets;
To have at least three years of management experience;
Obtain at least 60 points on the program’s selection grid (point are allotted according to different factors such as age, business experience, visits to Manitoba, etc.)
The Manitoba PNP requires the candidates to invest the amount of CAD 150,000$ (plus a conditional security deposit of CAD 100,000$) in a business which they will manage and operate in the province. The candidate can purchase an existing business, enter into a partnership with a Manitoba business owner or start a new business. If the investment is in an existing business, the candidate must own over 33.3% of the shares of the company.
– In order to apply to the Manitoba PNP, a prospective applicant must submit an Expression of Interest (EOI) through the online system before receiving an advice from the Manitoba Government to apply;
– Should the candidate qualify as a good potential candidate, the Manitoba Government will issue a Letter of Advice to Apply (LAA) and the candidate will have 60 days submit his completed Nomination Application along with copies of all required documents;
– If the candidate is approved for nomination, the candidate will be instructed to sign a Deposit Agreement and send a deposit of CDN $100,000 to the Government of Manitoba.
– Following the deposit, the candidate may apply to the CIC for a Permanent PR Card.