The Manitoba province in Canada has announced that it is now accepting applications for the new Business Investor Stream. It is a new category under the Provincial Nominee Program Manitoba. The announcement was made on 23 May.
Manitoba had announced the Business Investor Stream many months earlier. However, it is for the first time now that the province is accepting applications under this new stream under PNP.
Business Investor Stream launched by Manitoba is a cluster of immigration streams operated by the Manitoba province. It is inclusive of 2 immigration streams that target overseas immigrants. These must be seeking to make a significant amount of financial investment in the development of fresh business in the province, as quoted by the CIC News.
Below are the 2 immigration streams under the Manitoba Business Investor Stream:
Entrepreneur Pathway Manitoba
This immigration category under the BIS targets overseas business managers and experienced business owners. These must possess significant net worth personally and the ability and intention to launch a fresh business in the Manitoba province.
Applicants in this stream are required to make an investment of significant funds. They must also successfully administer the operation of the fresh business project in the province.
Farm Investor Pathway Manitoba
This is another immigration stream under the BIS of Provincial Nominee Program Manitoba. It targets overseas nationals who have demonstrated experience in operating and or owning a farm. They must also possess significant net worth personally and the ability and intention to establish a new farm in the province.
Successful applicants through either of the streams of BIS Manitoba will be offered an official nomination from the province. This nomination from the province will make them eligible to apply for the Canada PR with the federal government.
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