Alberta has two new PNPs for international student graduates who want to start a business in the province
International graduates from Alberta post-secondary will have two new options to immigrate to Canada.
The Alberta Immigrant Nomination Program (AINP) launched two new immigration lanes to encourage international graduates to open businesses in Alberta that will create new high-paying jobs and help diversify the economy.
The International Graduate Entrepreneur Immigration Stream from 26 October, the new Provincial Nominee Program (PNP) is for international students who recently graduated from Alberta post-secondary. The flow of the new immigration system operates on the Expression of interest, which is now open for submissions.
Candidates who submit Expression of Interest will be assessed by AINP and awarded points. The highest-ranked candidates will receive an invitation to submit a business application. Only candidates who receive an invitation, or request, to implement AINP will be able to access the portal and begin the process. Requests do not guarantee that the applicant will obtain Canadian permanent residence.
Alberta also will launch a Foreign Graduate Start-up Visa Stream in January 2021. This flow of international students graduates from top US universities and colleges, who want to start a business and settling in Alberta communities. Further details on this stream will be available later this year.
Eligibility criteria for the International Graduate Entrepreneur Immigration Stream
International student graduates from Alberta universities and colleges must meet the following eligibility criteria to be considered for the International Entrepreneur Immigration Graduate Stream.
They had to immigrate to Alberta to establish a new business or buy an existing business, and have at least 34 percent ownership of the company. The proposed type of business should not be on the list of Alberta businesses are not eligible.
Candidates need at least six months of full-time work experience, which can be a combination of actively managing or owning a business, according to the web page AINP. It can also include the equivalent amount of experience with business incubators, business accelerators, or course entrepreneurship program.
They also need at least two years of full-time education in Alberta, with a degree or diploma of higher education institutions designated in Alberta. They also must have a Post-Graduation Work Permit are valid for at least two years at the time of their EOI submission.
Eligible candidates also need a minimum Canadian Language Benchmark (CLB) of at least seven in all of the proficiency in English or French.
There are also a number of factors that increase the likelihood candidate receives a request.
The business must have economic benefits for Alberta through employment creation, investments, and advanced intellectual property, among others.
Candidates aged 21 to 49 years also has its advantages.
If a candidate or their spouse or common-law partner has a full-time immediate family living in Alberta, also will increase their chances.
Spouse or common-law partner can contribute to a candidate’s application if they have at least one year of full-time work experience in Alberta, or at least two years of full-time study at the post-secondary Albertan. If they do not have the Alberta experience, also will help their application if they have CLB of at least five in English or French in all the language skills.
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