NEW--- Nova Scotia Nominee Program

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Subject: NEW--- Nova Scotia Nominee Program
  NSNP WANTS INPUT ON THIS PROPOSAL, ANY COMMENTS (OTHER) THEN THE PREVIOUS ECONOMIC STREAM WAS A DISASTER WOULD BE APPRECIATED, Roy.

Proposed Criteria for New Entrepreneur Stream:


The proposed Entrepreneur stream will replace the former Economic stream of the nominee program. It will target senior managers and entrepreneurs who wish to live in Nova Scotia and establish a new or buy or invest in an existing business in the province.
The new stream will not have any provincial application fees or require a good faith deposit.
Welcoming More Immigrants - Proposed Eligibility Criteria for Entrepreneur Stream 3
As well, the Nova Scotia Office of Immigration is proposing two elements in the design of its Entrepreneur stream:
1.
Using a Temporary Entry Model

At least one another province pre-selects applicants and supports their entry into Canada under a two-year Temporary Work Permit. It nominates the applicants after they have been in the province and have successfully met their entrepreneur terms. The Nova Scotia Office of Immigration is proposing to adopt a Temporary Entry model in its Entrepreneur stream. The Nova Scotia Office of Immigration would only nominate applicants who have fulfilled the Entrepreneur terms and conditions. This means that applicants would need to demonstrate their intention to live in Nova Scotia and their ability to establish or buy a business before they are eligible for nomination.
2.
Using Different Selection Criteria for International Graduate Entrepreneurs

For the purpose of this paper, an international graduate is described as a person who has graduated within the last two years from a program of at least one academic year of full-time study in Nova Scotia and has received a certificate, diploma, or degree from a recognized Nova Scotia post-secondary institution. International graduates form an attractive pool of potential immigrants. They are well-educated, have often already settled in our communities and have obtained Canadian credentials which facilitate their getting a job. Many recent graduates, however, do not have extensive management experience or financial resources in their own name. Therefore, we propose to use different selection criteria for international graduates to assess three elements: their management, minimum net worth and minimum investment requirements.
The criteria proposed below are being circulated for comment and feedback.

The aim is introduce the entrepreneur stream in spring 2008.

Roy
www.cvimmigration.com



[06-03-2008,12:26]
[**.158.53.207]
Roy
(in reply to: NEW--- Nova Scotia Nominee Program)
TRYING TO COPY AND PASTE BUT IT CAME OUT TERRIBLE

PROPOSED CRITERIA FOR NSNP ENTREPRENEURS
Eligibility Criteria for Nominee Applicants Supporting Detail
Age Be between the ages of 21 and 55 (exceptions could be made on a case-by-case basis where the Nova Scotia Office of Immigration considers that the proposed business will be of exceptional economic benefit to the province.)
Education & Training Have completed a minimum of Grade 12 or equivalent, or have a minimum of 13 years of schooling; and
Have the appropriate education, training and qualifications, licensing and accreditation to support their business activity.
Language Ability Have moderate proficiency for the ability to speak, listen, read and write in French or English, and sufficient language capability to own and operate a business and to be functional in Nova Scotia upon arrival. Abilities are verified by performance during the interview as well as of the following:
u internationally recognized test results (benchmark of 6 or higher on Canadian

Welcoming More Immigrants
Proposed Eligibility Criteria for
Entrepreneur Stream
Nova Scotia Nominee Program
Discussion Paper February 2008
W elcoming More Immigrants - Proposed Eligibility Criteria for Entrepreneur Stream 2
Introduction:
In January 2005, Nova Scotia released its first immigration strategy which outlined the following goals:
?
to help immigrants settle, succeed and stay ? specifically, to increase our retention rate from 40 to 70 per cent for the 2006 ? 2011 census period
?
to more than double the number of immigrants coming to our province ? to 3,600 annually within four years of full strategy implementation

One of the Province?s key tools for attraction is the Nova Scotia Nominee Program (NSNP). The purpose of this paper is to gather feedback on a proposed new Entrepreneur stream of the NSNP. This stream will target senior managers and entrepreneurs who wish to live in Nova Scotia and establish a new or purchase an existing business in the province. The Entrepreneur stream will replace the former Economic stream.
Building on Success: Nova Scotia Nominee Program (NSNP)
The NSNP is designed to allow Nova Scotia to increase the benefits of immigration to the province. It enables the Nova Scotia Office of Immigration to recruit and select immigrants who wish to settle in Nova Scotia and meet the labour market and economic needs of the province, resulting in a more diverse workforce and economy. A person who is nominated by Nova Scotia can apply for a permanent resident visa at a Canadian visa office under a federal Economic Class known as the Provincial Nominee Class. While processing will vary from post to post, processing times on average are faster for provincial nominees than for applicants through the other immigration streams. Nominees approved under this program may become permanent residents of Canada after the federal government conducts health, criminality and security reviews. The program is made possible through the Canada-Nova Scotia Agreement on Provincial Nominees.
There are currently four nominee streams: ∞ International Graduate
∞ Skilled Worker
∞ Family Business Worker ∞ Community Identified
Proposed Criteria for New Entrepreneur Stream:
The proposed Entrepreneur stream will replace the former Economic stream of the nominee program. It will target senior managers and entrepreneurs who wish to live in Nova Scotia and establish a new or buy or invest in an existing business in the province.
The new stream will not have any provincial application fees or require a good faith deposit.
Welcoming More Immigrants - Proposed Eligibility Criteria for Entrepreneur Stream 3
As well, the Nova Scotia Office of Immigration is proposing two elements in the design of its Entrepreneur stream:
1.
Using a Temporary Entry Model

At least one another province pre-selects applicants and supports their entry into Canada under a two-year Temporary Work Permit. It nominates the applicants after they have been in the province and have successfully met their entrepreneur terms. The Nova Scotia Office of Immigration is proposing to adopt a Temporary Entry model in its Entrepreneur stream. The Nova Scotia Office of Immigration would only nominate applicants who have fulfilled the Entrepreneur terms and conditions. This means that applicants would need to demonstrate their intention to live in Nova Scotia and their ability to establish or buy a business before they are eligible for nomination.
2.
Using Different Selection Criteria for International Graduate Entrepreneurs

For the purpose of this paper, an international graduate is described as a person who has graduated within the last two years from a program of at least one academic year of full-time study in Nova Scotia and has received a certificate, diploma, or degree from a recognized Nova Scotia post-secondary institution. International graduates form an attractive pool of potential immigrants. They are well-educated, have often already settled in our communities and have obtained Canadian credentials which facilitate their getting a job. Many recent graduates, however, do not have extensive management experience or financial resources in their own name. Therefore, we propose to use different selection criteria for international graduates to assess three elements: their management, minimum net worth and minimum investment requirements.
The criteria proposed below are being circulated for comment and feedback.
PROPOSED CRITERIA FOR NSNP ENTREPRENEURS
Eligibility Criteria for Nominee Applicants Supporting Detail
Age Be between the ages of 21 and 55 (exceptions could be made on a case-by-case basis where the Nova Scotia Office of Immigration considers that the proposed business will be of exceptional economic benefit to the province.)
Education & Training Have completed a minimum of Grade 12 or equivalent, or have a minimum of 13 years of schooling; and
Have the appropriate education, training and qualifications, licensing and accreditation to support their business activity.
Language Ability Have moderate proficiency for the ability to speak, listen, read and write in French or English, and sufficient language capability to own and operate a business and to be functional in Nova Scotia upon arrival. Abilities are verified by performance during the interview as well as of the following:
u internationally recognized test results (benchmark of 6 or higher on Canadian

Welcoming More Immigrants - Proposed Eligibility Criteria for Entrepreneur Stream 4
Language Benchmarks); or
u certificates from language classes; or
Intention to Settle in Nova Scotia
Business Experience
Have sufficient business experience (minimum of five years) as a senior manager or business owner, preferably in a private sector enterprise.
Have never been involved in unacceptable business practices or activities.
Net Worth
Have legally obtained a minimum total personal net worth of CDN $400,000, including minimum liquid assets of CDN $200,000.
Investment
Must make a minimum equity investment of CDN $150,000 in establishing or purchasing a business in Nova Scotia, or in investing in an existing business.
Active Management
Business Proposal/Plan
Must provide a Preliminary Application Form to the Nova Scotia Office of Immigration which outlines the business proposal and interests, as well as background information.
Exploratory Visit and Interview
If selected after review of the Preliminary Application Form, applicants must attend an interview with the Nova Scotia Office of Immigration during a mandatory 7-day exploratory visit.
Temporary Entry Model vs. Direct Nomination



educational transcripts, employment references or other documentation indicating English or French as the principal language of instruction or communication
Be able to satisfy the Nova Scotia Office of Immigration of sincere intention and ability to settle in Nova Scotia. Demonstration of established connections to Nova Scotia will strengthen your application.
The evidence of work experience will be verified by certified education and/or work experience via r?sum? or curriculum vitae (CV) and supporting employment and business documents.
Have the financial ability to invest and settle in Nova Scotia for at least a period of two years.
Will own at least 33.3% of a business in Nova Scotia (with a minimum investment of CDN $150,000).
Must have an active management role in the day-to-day operation of the business. A business primarily for the purpose of deriving investment income, such as interest, dividends or capital gains is not eligible.
If selected for an interview, applicants must provide a complete and detailed business proposal.
Applicants already living in the province must attend an interview but do not need to document an exploratory visit.
The Nova Scotia Office of Immigration will require that pre-selected applicants enter Canada on a two-year Temporary Work Permit to establish their business in the province. Once they have acted in accordance with Entrepreneur stream criteria (e.g., have made the investment and are living in the province), the Nova Scotia Office of Immigration will nominate.

PROPOSED CRITERIA FOR INTERNATIONAL GRADUATES
The proposed criteria for International Graduates would be the same as those listed on the preceding page with the exception of the following three elements:
Eligibility Criteria for International Graduates
Business Experience
Net Worth
Investment
Minimum equity investment of CDN $75,000.

Supporting Detail
Sufficient education in areas related to the business proposal. Relevant management and work experience will also be an asset.
Must have the financial ability to invest and maintain proposed business and settle in Nova Scotia for at least a period of two years.
Will own at least 33.3% of a business in Nova Scotia (with a minimum investment of CDN $75,000). Must attend an interview with the Nova Scotia Office of Immigration
Seeking Your Feedback
The table below presents some discussion points related to key criteria and obligations. Feedback does not need to be limited to these discussion points. Criteria
Age: Most jurisdictions propose age ranges that: (a) begin high enough to allow the applicant to meet the minimum education requirements, and (b) end at an age where the applicant can still be expected to work for a reasonable number of years
Education & Training: The level of education required by applicants varies from province to province, ranging from the completion of secondary education to the completion of some post-secondary education.
Language Ability: The ability to speak the language (English or French) in your new community is key to successfully integrating in all aspects of community life. For this reason, intermediate English or French skills are required in all existing Nominee Program categories.
Business Experience: Most jurisdictions require a minimum of 3 to 5 years of business experience as a senior executive or a business owner.
Investment: Most jurisdictions require a minimum investment between CDN $150,000- CDN
Welcoming More Immigrants - Proposed Eligibility $200,000
Is a minimum equity investment of CDN $150,000 too high? Or too low?


The aim is introduce the entrepreneur stream in spring 2008.


[06-03-2008,12:41]
[**.158.53.207]
Roy
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