Nova Scotia, Canada

Choosing to immigrate to Nova Scotia as a business owner comes with a wealth of advantages. The province offers:

• Affordable living costs compared to other major Canadian provinces.
• Access to high-quality healthcare and education systems.
• Growing industries in tourism, technology, renewable energy, and agriculture.
• Welcoming communities ideal for families.
• Strategic location on Canada’s Atlantic trade routes.
  
  

For entrepreneurs, Nova Scotia is a market of untapped opportunities where innovation and business growth are strongly supported by the provincial government.

The Nova Scotia Entrepreneur Stream stands out as one of Canada’s most practical and entrepreneur-friendly immigration pathways. By actively investing in and managing a business, applicants not only obtain permanent residency in Canada through investment but also unlock opportunities for long-term success in one of the country’s most scenic provinces.

If you’re ready to take the next step toward immigrating to Canada as a business owner, book a free consultation with our experts today.

To qualify for the Nova Scotia Entrepreneur Stream under the NSNP, applicants must meet the following minimum requirements:

• Net worth of at least CAD $600,000 in legally acquired personal and business assets.
• Commit to a minimum investment of CAD $150,000 in a Nova Scotia business.
• Be 21 years or older and intend to live permanently in Nova Scotia.
• At least 3 years of business ownership experience (33.33% ownership) or 5 years in a senior management role.
• Minimum of a Canadian high school diploma or equivalent.
• Language proficiency of CLB 5 in English or French.
• Agree to actively manage the business and reside in Nova Scotia.
  
  

Dependent family members may also be included in the application for permanent residency in Canada.

Eligible Business Options for Nova Scotia Business Visa

Applicants can either start a new business or purchase an existing business. The business must:

• Be a for-profit enterprise engaged in goods or services.
• Demonstrate significant economic benefit, such as job creation, innovation, or introducing new technology.
• Be permanently established in Nova Scotia and pay taxes locally.
• Ensure the applicant owns at least 33.33% and is actively involved in daily operations.
  
  

For start-ups: at least one full-time job must be created for a Canadian citizen or permanent resident (not a relative).
For business purchases: the business must have been operational for at least five years and acquired at fair market value, maintaining jobs and wages.

Ineligible Business Types

Not all businesses qualify for the Nova Scotia Business Visa. Ineligible ventures include:

• Self-employed or home-based businesses.
• Property rental, leasing, or real estate brokerage services.
• Payday loan services, pawn shops, or similar financial services.
• Adult entertainment, pornography, or other restricted industries.
• Joint ventures with other NSNP applicants.
  
  

The Nova Scotia Entrepreneur Stream follows six steps, five managed by the Nova Scotia Office of Immigration (NSOI) and the final stage by Immigration, Refugees and Citizenship Canada (IRCC).

Step 1: Expression of Interest (EOI)

Applicants submit an EOI. Scores are assigned based on a points matrix, and top candidates are invited to apply.

Step 2: Invitation to Apply (ITA)

Applicants must submit:

• Business Establishment Plan (BEP)
  
• Business Establishment Report
  
• Verified net worth report
  
  

Applicants have 90 days to provide their BEP and 180 days for the net worth report.

Step 3: Interview & Business Performance Agreement (BPA)

Applicants attend an interview in Nova Scotia and sign a Business Performance Agreement. An Entrepreneur Approval Letter is then issued to apply for a work permit.

Step 4: Work Permit & Business Establishment

After IRCC approves the work permit, applicants must settle in Nova Scotia within 12 months and begin business operations within another 6 months.

Step 5: Request for Nomination

After 12 months of successful business operation, applicants may request a nomination for permanent residency.

Step 6: Apply for Permanent Residency in Canada

With a provincial nomination, applicants apply to IRCC for Canadian Permanent Residency, receiving a Confirmation of PR upon approval.

Required Documents for Nova Scotia Business Visa Application

Applicants must prepare a comprehensive set of documents, including:

• Proof of net worth and asset verification.
• Business Establishment Plan (BEP).
• Business ownership or management experience records.
• Educational credentials and language test results.
• Identity documents (passport, civil status certificates).
  
  

Police clearance and medical examination reports.

Nova Scotia, often referred to as Canada’s Ocean Playground, is more than just breathtaking coastlines and natural beauty. It is also a land of economic opportunity, particularly for ambitious entrepreneurs who wish to start or buy a business in Canada. The Nova Scotia Business Immigration Program provides a structured and rewarding pathway to Canadian permanent residency through investment, making it one of the most attractive options for business owners and investors.