Northwest Territories Business Stream – NTNP Entrepreneur Program

Start or buy a business in the Northwest Territories to obtain Canadian permanent residency through the NTNP program.

Book a Free Consultation Download Brochure

At a glance

Quick facts

Minimum investment: CA$150,000; Currency: CAD

Typical timeline: 24 months; From application start

Highlights

NTNP
Entrepreneur Immigration
Canada PR

~10 sec

Quick eligibility check

Answer 4 short questions. No data is sent to our servers.

0/4 answered

0 yes 0 no0%

1Do you have a minimum net worth of CAD $250,000–$500,000?

Yes

2Can you invest at least CAD $150,000–$300,000 in a business?

Yes

3Do you have prior business ownership or management experience?

Yes

4Are you willing to live full-time in the Northwest Territories?

Yes

Select answers above to get an instant indication and tailored next steps.

Program overview

The Northwest Territories Nominee Program (NTNP) – Business Stream enables experienced entrepreneurs to start, buy, or invest in a business in the NWT and obtain Canadian Permanent Residency (PR) through business ownership.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Estimated program totals

CAD: CA$1,275,000

Required proof of funds

CAD: CA$0

Detailed fee table

Program fee breakdown with price, timing and notes.
Item	Price	When	Notes
Minimum investment (within Yellowknife)	CA$300,000	Before application	Invest CAD $300,000 in a Yellowknife business.
Minimum investment (outside Yellowknife)	CA$150,000	Before application	Invest CAD $150,000 in a business outside Yellowknife.
Net worth requirement (within Yellowknife)	CA$500,000	Pre-qualification	Net worth of CAD $500,000 for Yellowknife businesses.
Net worth requirement (outside Yellowknife)	CA$250,000	Pre-qualification	Net worth of CAD $250,000 for outside Yellowknife.
Refundable Good Faith Deposit	CA$75,000	After approval	Refundable CAD $75,000 after meeting program terms.
Estimated government & admin fees	CA$0	Upon submission	Confirm latest NTNP and IRCC fees.

Swipe horizontally to see all columns.

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

Proof of funds

Settlement and maintenance fundsCA$0
Show funds for settlement and business setup in NT.

Required (CAD): CA$0

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

Eligibility

Proven business ownership or senior management experience.
Net worth: CAD $500,000 in Yellowknife or $250,000 outside.
Investment: CAD $300,000 in Yellowknife or $150,000 outside.
Minimum CLB 4 in English/French and post-secondary education.
Create one local full-time job and reside in the Northwest Territories.

Key benefits

Pathway to Canadian PR through business investment in the Northwest Territories.
Lower competition and access to emerging industries.
Strong government and community support for entrepreneurs.
Option to start or buy a business.
Include family for work, study, and settlement in Canada.

Application process

Process

How it works

5 steps

Step 1: Exploratory Visit
Visit the Northwest Territories to research business options and build local connections.
GuidedAvg. 2–4 weeks
Step 2: Apply & Interview
Submit your business proposal to NTNP and attend an interview with program officers.
GuidedAvg. 2–4 weeks
Step 3: Approval & Work Permit
Receive Approval-in-Principle, sign a Business Performance Agreement, and apply for a work permit.
GuidedAvg. 2–4 weeks
Step 4: Establish Business
Launch and operate your business, meeting investment and job creation goals.
GuidedAvg. 2–4 weeks
Step 5: Nomination & PR
After fulfilling program terms, receive provincial nomination and apply for Canadian PR.
GuidedAvg. 2–4 weeks

Who this program is NOT for

Failure to demonstrate prior business ownership or senior management experience.
Insufficient net worth or unverifiable source of funds.
Non-compliance with Performance Agreement.
Failure to complete mandatory exploratory visit.

Not a match? Explore other programs in Canada.