Ontario’s Latest Entrepreneur Stream Draw Had Its Minimum Score Dropped by Three Points
Ontario, one of the unique Canadian provinces in its recent draw issued 22 candidates under the Ontario Entrepreneur Stream. The draw held on the 5th of April invited candidates with scores as low as 112 points.
Ontario Entrepreneur Stream, falling under the Ontario Immigrant Nominee Program is for entrepreneurs who live in countries other than Canada and are interested in buying a new business or running an existing business in Ontario. The Ontario Entrepreneur Stream is one of the two business immigration streams and the other stream is the Ontario Corporate Stream.
Ontario in its recent draw, issued 22 invitations to candidates and the minimum score required was only 112. It should be noted that Ontario last year invited 149 candidates under the Ontario Entrepreneur Stream in just 10 draws. As of now, for the year 2019, Ontario conducted two draws, one on the 17th of January, issuing 13 invitations and other on the 5th of April, issuing 22 invitations (which is by far the largest).
Ontario invites candidate based on an Expression of Interest System. The Expression of Interest System meaning that the applicant should first be submitting an Expression of Interest profile and will be assessed based on their age, work experience, language proficiency & more. The candidate will receive a temporary work permit visa to conduct business activities in Ontario. On fulfilling the job creation requirements and the performance agreement terms, he/she will be nominated for a Canadian Permanent Residence.
The Ontario Entrepreneur Stream is an ideal opportunity for individuals who wish to immigrate to Canada and carry out entrepreneurship activities. If you are looking forward to immigrating to Canada, get in touch with our team of experts and check your eligibility to migrate for free today!