Posted on March 08 2022
Ontario has issued its first draw of 2022 in which it has invited 21 immigrants under Entrepreneur Stream. On March 4, ITAs were issued under Ontario Immigration Nominee Program. The score should be between 152 and 169 points. Many candidates have submitted Expression of Interest on February 21, 2022, and they are eligible for the invitation.
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*Check your eligibility to Canada, through Y-Axis Canada Immigration Points calculator.
If an entrepreneur wants to start a business in Greater Toronto Area, his minimum networth should be $800,000. In the case of business proposals outside GTA, ICT, or digital communications, the net worth should be $400,000.
If the business is in GTA, the worth of investment is $600,000. And the owner has to own 33% of the business. In the case of proposed business outside GTA, ICT, or digital communications, the worth should be $200,000, and the owner should own 33% of the business.
Interested in Migrating to Canada from Australia? Get the guidance through Y-Axis Australia, the leading immigration consultant agency in Australia. If you found this blog engaging, you may also like … Canada: Immigrants account for 33% of all business owners
Ontario Entrepreneur Stream
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Posted On November 24 2023
UK immigration skyrockets: 672,000 migrants set a new record in 2023