MPNP: Manitoba Entrepreneur Immigration Program
What is MPNP Business Investor Stream?
The Manitoba Provincial Nominee Program (MPNP) Business Investor Stream is an immigration pathway that allows experienced business investors and entrepreneurs to settle and establish or purchase a business in Manitoba, Canada. This stream is designed to attract individuals who have the intention and ability to make a significant investment in Manitoba’s economy.
- Under the MPNP Business Investor Stream, there are two categories:
1. Entrepreneur Pathway:
This category is for individuals who wish to open a new business or purchase an existing business in Manitoba. Applicants must have a minimum net worth of CAD $500,000 and make a minimum investment of CAD $250,000 in the business. They are also required to have a minimum of three years of business ownership or senior management experience, either as an active business owner or in a senior management role in a successful business.
2. Farm Investor Pathway:
This category is for individuals with proven farm business experience, who have the intention and ability to establish and operate a farm operation in Manitoba. Applicants must have a minimum net worth of CAD $500,000 and make a minimum investment of CAD $300,000 in the farm business. They are also required to have a minimum of three years of farm ownership and operation experience, as well as the ability to actively participate in the day-to-day management of the farm.
MPNP Business Investor Stream multi-step process
Submit an Expression of Interest to the MPNP, indicating your interest in the Business Investor Stream. Your EOI will be assessed based on various factors, such as business experience, investment amount, language proficiency, and adaptability.
If your EOI is selected, you will receive an Invitation to Apply for provincial nomination. This invitation is based on a points-based system, and the highest-scoring candidates are invited to apply.
Once you receive an ITA, you must submit a complete application to the MPNP. This includes providing all the required documents, such as personal identification, financial statements, business plan, and supporting evidence of business experience and investment funds.
The MPNP will assess your application based on the eligibility criteria and program requirements. This may involve reviewing your business plan, conducting interviews, and verifying your documents.
If your application is approved, you will be required to sign a Business Performance Agreement with the MPNP. This agreement outlines the terms and conditions of your investment and business operation in Manitoba.
Once you fulfill the requirements of the Business Performance Agreement, the MPNP will issue a nomination to you. This nomination allows you to apply for permanent residency to the federal government.
With the nomination, you can submit an application for permanent residency to the federal government through the appropriate immigration program, such as the Federal Skilled Worker Program or the Canadian Experience Class.
Undergo medical examinations and provide any required security clearances as part of the federal immigration process.
If your permanent residency application is approved, you will receive your permanent resident visa, allowing you to live and work in Manitoba or any other province in Canada.