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Ontario Issued 21 Invitations to Entrepreneurs in Latest OINP Draw

August 31 , 2020 By Rajneesh Kumar

Ontario Issued 21 Invitations to Entrepreneurs in Latest OINP Draw

In a latest OINP draw held on 26th August 2020, the Canadian province, Ontario invited 21 eligible immigration candidates under Ontario Immigrant Nominee Program Entrepreneur Stream.

In order to be eligible for this round, candidates were required to submit their expression of interest between 22nd November 2019 and 21st August 2020 and an EOI score ranging between 144 and 200.

With this draw, the total number of invitations issued under OINP's Entrepreneur Stream so far in 2020 has reached up to 91.

Check Your Eligibility For OINP

Eligibility Criteria

  • The net worth requirement for the proposed business within the Greater Toronto Area is $800,000 and required investment is $600,000
  • Entrepreneurs aiming outside the GTA required $400,00 of net worth and minimum $200,000 of investment
  • Candidates required 2 years of business experience of senior manager or business owner within the past 5 years. Earlier, only 36 months of business experience was required.4

In order to apply for a nomination, following criteria must be met after establishing a business:

  • Candidates must obtain minimum Canadian Language Benchmark 4 level
  • Candidates must the program's residency requirements and be residing physically in Ontario for 9 months out of 12 months in which they established their business in Ontario
  • Candidates must be involved actively in the managing business activities

If you are interested in moving to any Canadian province on a permanent basis, then you may fill a free profile assessment form to find the most suitable PNP stream and accordingly apply for Canada PR visa.

To get in touch with our team of visa advisors, you may call on a Toll Free Number- 78-18-000-777 or E-mail at info@canadapravenue.com.

Free Visa Assessment Form