To be considered an Investor Immigrant under the Nova Scotia program, a foreign national must

• state his intention of settling in the Province of Nova Scotia
• have owned (wholly or in partnership) and operated a business or,
• have two years of management experience in the 5 years preceding the application
• have legally accumulated a minimum net worth of CND$300,000.00
• make a one-time, non-refundable economic contribution of CND$128,800.00
• have basic skills in English, or French and English
• have a minimum education of grade 12 (or equivalent)
• be not younger than 25 years, and no more than 60 years of age.

Upon confirmation of the issuance of a Nominee Certificate by the Nova Scotia Government, the applicant must file an immigration application at a designated Canadian Visa Office in order to secure his or her medical and security clearances.

Upon visa issuance and landing in Canada, the nominee will be able to select from a list of companies approved by the Province of Nova Scotia and must be engaged in a six month middle management employment contract with a salary of $20,000. The Province of Nova Scotia believes that this initial employment will greatly assist nominees in establishing themselves in Nova Scotia.

Processing times under the Nova Scotia Investor program vary depending on applicants' individual circumstances. However, they are significantly faster than through other Canadian immigration programs. The whole process can take only six to nine months.

The visas issued under the Nova Scotia program are unconditional and non-restricted.

This is not a legal document. For legal information, refer to the Immigration and Refugee Protection Act and Regulations or the Citizenship Act and Regulations, as applicable. © Ariadne Counselling Services. All rights reserved.