The New Brunswick province of Canada, offers a new golden visa scheme known New Brunswick entrepreneur program to international investors.
This scheme requires CAD 250,000 investment in hotels, healthcare, hotels creating new jobs for the province.
Currently New Brunswick has the cheapest immigrant investor program for Canada, as Quebec in 2019 QIIP reforms increased the qualifying investment from CAD 800,000 to CAD 1,200,000 and also subjected to 1900 limited quota.
The New Brunswick scheme is not a passive investment requires applicants invest in businesses, live and do business in New Brunswick
The New Brunswick province is currently open to foreign investment attracting investors creating new jobs and enhance the province competitiveness in capital markets.
The New Brunswick Foreign Investment Scheme offers full PR residency status in Canada to family of investors who commit to invest CAD 250,000 in the province.
The investment of CAD$ 250,000 is invested into Mixed-use Residential/ Commercial Development, Mining, Forestry, Tourism Hotels, Health Care Nursing Homes, etc. and Infrastructure Projects located in New Brunswick, Canada creating 2 sustainable employment jobs for the province.
- Applicants must have no criminal record
- Applicants are responsible to provide his/her past business experience for minimum 3 years
- Applicants are required to prove a net income (before TAXES) of more than 200,000 in each of the 2 most recent
calendar years
The processing time is 12-14 months, but the nominations can take 18 to 20 months.
Foreign investors can apply for Canadian citizenship after 3 years of living in the province (reduced time).
Canadian passport is highly respected and best travel documents in the world.