Nova Scotia Nominee Program

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Nova Scotia Nominee Program
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Nova Scotia today announced that two new
business streams will become part of the Nova
Scotia Nominee Program (NSNP). The Canadian
province aims to attract international
entrepreneurs and to retain international
graduates of provincial universities and
colleges. The Entrepreneur Stream and the
International Graduate Entrepreneur Stream will
open on January 1, 2016. Successful applicants to
either stream will obtain permanent resident
status in Canada. Candidates for the Entrepreneur
Stream will be required to have a net worth of at
least 600,000 and at least 150,000 to invest in
a Nova Scotia business. The Entrepreneur Stream
aims to attract candidates who want to start or
buy and actively manage a business in Nova
Scotia. Meanwhile, the International Graduate
Entrepreneur Stream aims to encourage
international students studying in Nova Scotia to
remain in the province and open a business once
they have completed their studies.
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Were excited that the International Graduate
Entrepreneur Stream is the first of its kind in
the country, said Nova Scotia Immigration
Minister Lena Metlege Diab. These two new
business streams have been carefully developed
using best practises from around the world to
ensure they have the maximum economic benefit for
Nova Scotia. Nova Scotia has been active in the
area of Canadian immigration over recent months.
It is the only province that offers two dedicated
streams aligned with the federal Express Entry
immigration selection system, and just last week
it received an additional allocation of 300
nominations from the federal government for the
NSNP, bringing its total allocation for 2015 to
1,350 places.