OINP – Ontario Immigration Nomination Program

Entrepreneur Category

Ontario is one of the most populous provinces in Canada. The nation’s capital city, Ottawa is located in Ontario. Toronto, the most populous city in Canada, is also part of Ottawa. Ontario is a rich province and is a political and financial hub of the country. Most of the IT related jobs are found in this province. It is house for many rivers including the famous Niagara River. The economy of Ontario is defined by the energy and agricultural sectors. Ontario invites foreign direct investment into the province through their OINP –Entrepreneur Category program.

This program is designed for high net worth individuals who intend to invest in Ontario either in a running business or in a start-up. The investor invests in Ontario in exchange for Permanent Residency in Canada.

Eligibility

• The investor must be 18 years and above
• The investor will have to prove their Personal Net-worth to be
  i. CAD $800,000 if the investment is made in Greater Toronto Area
  ii. CAD $400,000 if the investment is made outside Greater Toronto Area
• The minimum investments that one needs to make to a qualifying business or start-up in Ontario
  i. CAD $600,000 in Greater Toronto Area
  ii. CAD $200,000 outside Greater Toronto Area
• The Investor should have a minimum of 24 months of full-time business experience during the last 60 months.
• You should make a 5-day visit to Ontario during which time you will be making all your study about the business, the province, the location and its market growth.
• You need to achieve language proficiency of 5/5/5/5 in Reading, Writing, Listening and Speaking skills.
• OINP Entrepreneur Category requires the investor to score in 3 major factors
  i. Human Capital Factors
  ii. Investment Factors
  iii. Business Concepts
  The total of 200 points maximum can be made under these 3 factors.

Human Capital Factors takes into consideration the Business experience, Education and Language Ability of the investor.

Investment Factors takes into consideration the Business Visit to Ontario, Personal Net-worth and Amount of Investment being made by the investor.

The Business Concept Factor takes into consideration the Business model, Location and Job creation that the business makes.

Benefits of Investing in Ontario

• Permanent residency in Canada
• Opportunity to explore new markets
• Spreading business
• Access to free quality education in Canada for children
• Best Health Care benefits
• Easy Access to neighboring countries in North America
• Eligibility to citizenship after 4 years of living in Canada

Process with XIPHIAS Immigrations

• PR Counseling
• Eligibility Assessment
• Documentation Preparation based on selection factors
• Online Profile creation in Express Entry portal
• Submission of “Expression of Interest” through portal
• Receive invitation to apply for Nomination once selected
• Submission of Provincial application
• Provincial Application Decision
• Entering into agreement with Ontario
• Apply for work permit for 2 years
• Obtain Nomination after 2 years after review of the business report about the progress of the business
• Submission of Federal application to IRCC for Canada PR
• Obtain Canada Permanent Residency

XIPHIAS Immigration, an ICCRC registered firm, can provide you guidance

XIPHIAS Immigration is an ICCRC registered company. We have a solid backing of lawyer’s team who can counsel you and provide you the best guidance possible.

• To submit your EOI along with the required documents
• Represent your case with the IRC
• Guide you in every step of the process
• Provide you insights about where your application stands
• Ensures you obtain high score in the factors leading you to move to Canada.

Get in touch with one of XIPHIAS Immigration co-ordinates to know your best options. We offer FREE CONSULTATION Services.