New Brunswick Provincial Nominee Program - Business Immigration Stream

Operated by Leduc Capital Management Inc.

The largest of Canada's Maritime Provinces, New Brunswick offers excellent employment opportunities & low cost of living compared to some of Canada's larger provinces. Newcomers can choose to live in small towns or in large cities such as Fredericton, Saint John & Moncton. The province is known for its beautiful lakes, rivers & its many outdoor recreational sites.

The New Brunswick Business Immigration Stream is an economic immigration pathway for experienced entrepreneurs who are ready to establish, operate, & actively manage a business while settling in New Brunswick permanently.

Eligibility Requirements

  • Age: Between 19-59 years old
  • Language: CLB level 4 (English or French)
  • Education: At a minimum have a Canadian secondary high school diploma or an equivalent foreign diploma
  • Net worth: At least CAD $500,000
  • Investment: Make an eligible investment (purchase of or establish a business) of minimum CAD $150,000 before tax
  • Equity: Control at least 33.3% of the equity of the business
  • Active Management: You must provide active management of the business in New Brunswick

Fees

  • $2,000 CAD processing fee
  • Other fees may apply including, but not limited to, language testing, educational credential assessments, net worth verification ($3,500-5,500 CAD) and document translation

Key Sectors

Manufacturing
Information and communication technology (ICT)
Cybersecurity
Value added wood
Agriculture
Aquaculture
Tourism
Digital health
Food and beverage
Contact/call centers
Energy / innovation
Aerospace and defense

Business Conditions

Your business must be:

  • of economic benefit to the province;
  • established as a sole proprietorship, partnership or corporation; (in the case of a partnership, the other partner(s) must be a Permanent Resident or Canadian Citizen);
  • the continued operation of an existing business or the establishment of a new business;
  • a private-sector, for-profit entity with the primary purpose of earning profits through the sale of goods and/or services; and,
  • considered a “permanent establishment” as defined under subsection 400(2) of the Canadian Income Tax Regulations, 1985.
  • The business must create at least one full-time job for a permanent resident or citizen of Canada living in New Brunswick. The one full-time job cannot include you, your spouse or common-law partner, your dependent children and/or other family members. Full-time means that an employer is expected to provide a minimum of 30 hours per week of work to their employee(s).
 

Business Conditions

Purchasing a business conditions:

  • has been in continuous operation by the same owner for the three years prior to the purchase date; and that the owner is a permanent resident or citizen of Canada;
  • will be purchased at a proven fair market value;
  • has achieved a proven net profit for at least two of the previous three years as demonstrated by audited financial statements and corporate tax assessments issued by Canada Revenue Agency;
  • will provide for the continued employment to existing staff on similar terms and conditions. (Note: if the business already has one or more full-time employees who are permanent residents or citizens of Canada, it meets the requirement “Part 2: 5.” on the next page);
  • is not in receivership and/or has not filed for bankruptcy for the three years prior to purchase date; and
  • Goodwill may not exceed 10% of the net book value when purchasing a profitable business.