The Provincial Government will open six rounds of Expressions of Interest for prospective immigrants around the world who wish to settle in the province and be engaged in the daily operation of a business they create, join, or assume ownership of.
The International Entrepreneur category under the Newfoundland and Labrador Provincial Nominee Program was a key commitment in The Way Forward on Immigration in Newfoundland and Labrador, one of several initiatives making it easier for more newcomers to establish businesses and create jobs in the province. The category is intended for experienced business owners or senior business managers who wish to permanently reside in Newfoundland and Labrador. Individuals must start a new business or buy an existing business and must actively participate in the day-to-day management of the business. After operating the business for at least one continuous year, the international entrepreneur may be nominated for permanent resident status, subject to fulfillment of certain criteria outlined by the Office of Immigration and Multiculturalism.
The Expression of Interest process for individuals interested in being considered for the International Entrepreneur category will open on the following dates:
- January 17 to 24, 2020;
- February 14 to 21, 2020;
- March 13 to 20, 2020;
- April 17 to 24, 2020;
- May 15 to 22, 2020; and,
- June 19 to 26, 2020.
More information, including eligibility guidelines, is available here.
In addition, the International Graduate Entrepreneur category also remains open to international graduates of Memorial University and College of the North Atlantic who wish to create or co-own and manage a business in the province. Expressions of Interest for individuals interested in being considered for this category may be submitted at any time. More information on this category, including eligibility criteria, is available here.
In 2019, there were 8 rounds of Expressions of Interest with the Office of Immigration and Multiculturalism receiving 30 submissions.
“Our government continues to work collaboratively with stakeholders to ensure this province becomes an even more popular destination of choice for prospective immigrants. The International Entrepreneur category is one of the ways we are helping newcomers establish businesses, which helps create jobs and grow the economy. I encourage prospective newcomers to Canada to learn more and join those already taking advantage of this unique opportunity to live and work in one of Canada’s safest provinces.”
Honourable Christopher Mitchelmore
Minister of Advanced Education, Skills and Labour
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Advanced Education, Skills and Labour