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At a glance

Quick facts

Minimum investment CA$200,000; Typical timeline 18 months; 3 highlights

Minimum investment
CA$200,000
Currency: CAD
Typical timeline
From application start
Highlights
  • NLPNP
  • Entrepreneur Immigration
  • Canada PR
~10 sec

Quick eligibility check

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1Question 1 of 3 — Do you have CAD $600,000 net worth?
2Question 2 of 3 — Can you invest CAD $200,000 and own 33.3%?
3Question 3 of 3 — Can you complete an exploratory visit?

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Program overview

The Newfoundland & Labrador Entrepreneur Stream allows experienced business owners and managers to invest and manage a business in the province for Canadian PR.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Fees listed: 3 line items. Estimated totals: CA$800,000 (CAD). Proof of funds items: 1.

Estimated program totals
CAD: CA$800,000
Required proof of funds
CAD: CA$0

Detailed fee table

Program fee breakdown with price, timing and notes.
ItemPriceWhenNotes
Minimum business investmentCA$200,000Before application

Invest CAD $200,000 in an eligible NL business.

Net worth requirementCA$600,000Pre-qualification

Verified net worth of CAD $600,000.

Estimated government & admin feesCA$0Upon submission

Check latest NLPNP and IRCC fees.

Swipe horizontally to see all columns.

We’ll share a personalized cost sheet after your pre-screen.

Proof of funds

  • Settlement fundsCA$0

    Show funds for setup and living in NL.

Required (CAD): CA$0

Figures are indicative and may change with family size, project selection and program updates.

Eligibility

  • Age 21–59 with minimum high school education.
  • At least 2 years of business ownership or 5 years in management.
  • Net worth of CAD $600,000 verified by a third-party.
  • Invest CAD $200,000 and create one full-time local job.
  • CLB 5 in English or French and complete an exploratory visit if required.

Key benefits

  • Pathway to PR through business ownership.
  • Lower investment compared to larger provinces.
  • Access to ocean, tech, and energy sectors.
  • Family can live, work, and study in Canada.
  • Affordable lifestyle with community support.

Application process

Process

How it works

  1. Step 1: Submit Expression of Interest (EOI)

    Apply online with your business idea.

    GuidedAvg. 2–4 weeks

  2. Step 2: Receive Invitation to Apply

    Selected EOIs are invited to apply.

    GuidedAvg. 2–4 weeks

  3. Step 3: Verify net worth and attend interview

    Provide documents and attend a brief interview.

    GuidedAvg. 2–4 weeks

  4. Step 4: Sign agreement and apply for work permit

    Sign the Performance Agreement and apply for a work permit.

    GuidedAvg. 2–4 weeks

  5. Step 5: Operate business and apply for nomination

    Run business for 12 months, then apply for PR nomination.

    GuidedAvg. 2–4 weeks

Who this program is NOT for

  • Unverifiable or low net worth.
  • Language score below CLB 5.
  • No business or management experience.
  • No exploratory visit for out-of-province applicants.

Not a match? Explore other programs in Canada.

Frequently asked questions

CAD $200,000 in a qualifying business.

Yes, for applicants outside Newfoundland & Labrador.

At least one full-time local job.

Yes, if it meets program rules.

After 12 months of business operation and meeting goals.
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