What is the Canada Nova Scotia Entrepreneur Visa?

The Canada Nova Scotia Entrepreneur Visa, part of the Nova Scotia Nominee Program (NSNP), is designed for non-Canadian nationals who wish to establish or invest in businesses in Nova Scotia. This visa provides a pathway to live and work in Nova Scotia while contributing to its economic growth through innovative business development.

Eligibility Criteria for the Canada Nova Scotia Entrepreneur Visa:

To successfully obtain the Nova Scotia Entrepreneur Visa, applicants must meet the following requirements:

• Age: Must be 21 years or older.
• Business Experience: At least 3 years of business ownership with a minimum 33.3% ownership, or 5 years of experience as a senior business manager in the past 10 years.
• Net Worth: Minimum of $600,000 CAD in net business and personal assets, verified by NSOI designated third-party professionals.
• Investment: Minimum capital investment of $150,000 CAD to establish or purchase a business in Nova Scotia.
• Business Plan: A detailed business plan for the proposed start-up.
• Language Proficiency: Sufficient proficiency in English or French, verified by an approved language testing agency​ (Nova Scotia News)​​ (Nova Scotia News)​.

Stay Duration on this Visa:

Holders of the Nova Scotia Entrepreneur Visa can stay and work on their start-up business for up to 2 years. If the requirements of the signed performance agreement are met within 1 year, they can apply for permanent residence​ (Nova Scotia News)​​ (Nova Scotia News)​.

Benefits of the Canada Nova Scotia Entrepreneur Visa:

• Business Opportunities: Ability to start a new business or continue an existing one in Nova Scotia.
• Family Inclusion: Dependent family members can accompany the visa holder and are free to study and work in Nova Scotia.
• Pathway to Permanent Residence: Eligibility to apply for Canadian permanent residence after meeting the performance agreement requirements within one year​ (Nova Scotia News)​.