New Brunswick Business Immigration Program: A Pathway to Permanent Residency
This provincial nominee program targets experienced business professionals seeking to establish and operate enterprises that will contribute to New Brunswick’s economic growth. The competitive selection process prioritizes applicants with strong business acumen and clear potential to succeed in the provincial market.
Program Overview
The application process follows these key stages:
- Expression of Interest submission
- Evaluation and scoring
- Invitation to apply (for top-ranking candidates)
- Business plan development and interview
- Nomination and permanent residency application
Eligibility Criteria
Personal Qualifications:
- Age: 22-55 years
- Education: Minimum high school diploma
- Language: Demonstrated proficiency in English/French (IELTS or equivalent accepted)
- Experience: 3+ years of business ownership or senior management experience (within last 5 years)
Business Requirements:
- Demonstrated understanding of New Brunswick’s business environment
- Commitment to reside in NB and actively manage the business
- Viable business concept aligned with provincial economic needs
Financial Requirements:
- Minimum verifiable net worth (all assets must be legally obtained)
- Substantial business investment commitment
- Refundable security deposit (returned upon fulfilling program obligations)
Selection Process
- Initial Assessment:
- Candidates submit Expression of Interest
- Applications scored using provincial evaluation matrix
- Minimum 50 points required (only top scorers invited)
- Business Proposal Phase:
- Mandatory exploratory visit to New Brunswick
- In-person interview with program officials
- Submission of comprehensive business plan
- Nomination Stage:
- Successful applicants sign Deposit Agreement
- Provincial nomination issued
- Application for permanent residency submitted to IRCC
Program Advantages
- Direct pathway to Canadian permanent residence
- Opportunity to establish business in welcoming Atlantic Canadian market
- Government-supported immigration process
- Refundable deposit model protects applicant interests
Critical Success Factors
- Thorough understanding of New Brunswick’s business climate
- Well-researched, viable business proposal
- Demonstrated financial capacity and business experience
- Clear commitment to provincial community and economy
This program represents a strategic opportunity for qualified entrepreneurs to build their business while securing permanent resident status in Canada. The competitive selection process ensures that successful applicants have the skills and resources to make meaningful contributions to New Brunswick’s economic development.