If you are thinking of coming to Nova Scotia for an investment visa, there are several ways you can qualify for the Atlantic Immigration Pilot Program. By meeting a few requirements, you could receive a Nova Scotia Provincial Nomination Certificate allowing you to apply for permanent residence from within the country. This will allow you to skip the 3-5 year wait that most people have to endure while they apply from outside of Canada.

Investor immigration to Nova Scotia involves completing the Canadian government’s form NR73, and the processing time of this application is almost 40 months. Here are some other important steps that you should follow:

The province of Nova Scotia, Canada is looking to draw international investors. They are interested in foreigners who wish to live or operate a business in the province. Applicants should be able to invest at least 300,000 Canadian dollars in the form of cash, assets or equity. They need to provide details of at least 2 properties. It is possible to apply for family members included in the application. It is expected that a minimum stay in the province of 60 days annually will be required after receiving their visas.

Investment Visa In Nova Scotia

Nova Scotia is a province of eastern Canada. It’s known for Cape Breton, a Canadian island where the Irish jig was created; the Cabot Trail scenic road (Route 232); and Point Nemo, the world’s remotest spot. Another Nova Scotian attraction is the dynamic Ingmar Motson International Piano Competition, held in Halifax from 2016 to 2018.

ESTABLISH YOUR BUSINESS & SETTLE IN CANADA

The Nova Scotia Nominee Program for Entrepreneurs is your path to Canada if you are seeking to settle as an investor. Designed to attract entrepreneurs, businesspersons, senior business executives and HNIs to Canada, the Nova Scotia Nominee Program is a by invitation program that can lead to a Permanent Residency in Canada after one year of running your business in Nova Scotia. Y-Axis can assist you in evaluating your options and creating an application package to the Nova Scotia Nominee Program which has the highest chances of success.

NOVA SCOTIA NOMINEE PROGRAM DETAILS

The Nova Scotia Nominee Program allows you to live, work and settle in Nova Scotia, Canada. You must invest in and establish your business in Nova Scotia. The Program details are:

• Applicants must submit an online Expression of Interest in the program
• If your EOI is evaluated positively you need to submit your application to the Nova Scotia Nominee Program
• Applicants will be called for an in-person interview
• If your application is approved you need to establish your business in Nova Scotia and actively manage it
• One year after establishing and running your business you can request for nomination for a Canadian Permanent Residency
• You must then create your Canadian PR application and apply

ELIGIBILITY FOR NOVA SCOTIA NOMINEE PROGRAM:

The Nova Scotia Nominee Program is aimed at business people with the track record and ability to set up and run a business in Nova Scotia, Canada. As such, the minimum eligibility requirements for this program are that applicants:

• Must be at least 21 years old at the time of applying
• Must have a net worth of at least $600,000 CAD
• Must invest at least $150,000 CAD of your own money to establish a business in Nova Scotia.
• Must have 3+ years of experience managing and owning a business or must have 5+ years of experience in a senior management role
• Must demonstrate language proficiency in English/French

Nova Scotia Immigration Program and Express Entry system:

The Nova Scotia Immigration Program is aligned with the Express Entry system. Candidates with an active Express Entry profile are eligible to apply for this program. Nova Scotia’s PNP offers two categories.  

Category A which requires candidates to have a job offer from an employer in the province. This could be a challenge for applicants from outside Canada. 

Category B does not have such a condition. The candidates are only required to have experience in any of the in-demand occupations in the province.

Eligibility requirements:

The applicant must register his profile with the Immigration, Refugees and Citizenship Canada’s Express Entry system

Applicant must be in one of the target occupations as identified in the Nova Scotia Demand: Express Entry guide

He must score a minimum of 67 points or more in the eligibility criteria

He must have a job offer from a Nova Scotia employer for full-time work with a validity of at least one year after your PR visa is issued

He must have at least one year of skilled work experience related to the job

He must have completed education equivalent to Canadian high school credentials

He must prove his proficiency in either English or French based on the Canadian Language Benchmark 

He must have financial resources to help him settle in the province

HOW Y-AXIS CAN HELP?

With one of the best Canadian immigration teams in the world, Y-Axis can ensure your application meets all the documentation standards and has the highest chance of success. Our teams will help you assess your chances and assist you at every step of your Nova Scotia Nominee Program application.