This stream under the OPNP has been designed in order to help people from abroad either buy an existing business in Ontario, or create one from the scratch. As the business is established, the entrepreneurs behind the operation can get a nomination to become permanent residents, under this stream.
For one to qualify under this sub-category, they would have to satisfy the following set of requirements:
Whether the prospective nominee builds a new business, or invests in an existing one, they would need to have a minimum 33.3% ownership of the total shares, in order for them to qualify under this stream of immigration. The immigration officials, in addition, will also inquire about the viability of this business, as a part of the process of application. A performance agreement will also be needed which will clearly outline commitments regarding job creation, and the investment made into the business.
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