New Brunswick Provincial Nominee Program (NB-PNP)

To qualify for the Business Applicants component of the NB-PNP, an applicant

  • be between 22-55 years of age; 
  • have a score of at least 5 on the Canadian Language Benchmark Test (CLB) in speaking, listening, reading and writing competencies in English or French
  • have completed a minimum of two years of full-time post-secondary education after completing high school;
  • have a verifiable personal net worth of at least CAD $600,000 of which CAD $300,000 must be liquid and unencumbered funds;
  • have at least three out of five years of experience in managing and owning a business (at least have 33.33% ownership)
    OR
    have five years out of five of experience in a senior business management role or more;
  • want to live permanently in New Brunswick, while owning and  managing a local business; 
  • be able to invest at least $250,000 CAD of your own funds to establish a business in NB

How to Apply

Management Experience:

Your management experience could be as a senior executive or business owner. To prove you have a successful management experience, you can provide but not limited to:

  • Certificates of experience
  • Copies of business licenses
  • Copies of company information such as financial statements
  • Detailed information of company ownership

Applicant must supervise at least 2 people, and the company that is not owned or operated by a government or voluntary sectors

Personal  Net Worth CAD$600,000 with Liquid Assets of CAD$300,000:

You must provide proof of how you obtained your Net Worth, by providing:

  • Current Bank Certification Letter
  • Evidence of Savings Balance
  • Fixed or term deposit statement
  • Evidence of Public Trade Stock (if applicable)
  • Real Property Title deed; Assessment, and other relevant requested documents
  • Financial Statement of your business to shows its value

You must have investment funds of CAD$250,000 to start your business venture without third party assistance.

Inheritances, donations and gifts received less than 6 months before the application is received will not consider eligible towards the Applicant’s Net Worth

Business Plan:

You are required to establish a business in NB. You need to

  • pursue a business that matches with your business skills/background
  • participate in the business in an active managerial role
  • invest minimum of CAD$250,000

EOI Assessment Point Form:

 The Maximum Point on EOI is 100, minimum 65 points required. There are six areas with associated points:

1.     Age
2.     Language
3.     Education
4.     Business ownership, or senior management experience
5.     Business plan – economic benefit to New Brunswick
6.     Adaptability – Spouse or Common-law partner

Language:

  • Must provide a valid International English Language Testing System (IELTS General) test result, must achieve CLB 5 in each category of reading, writing, listening and speaking
  • The Language test results must not be more than 18 months old as of the date an application number is assigned by the NBPNP