OINP Entrepreneur Stream
Founded In 2014 Chennai, India
Ontario is one of Canada's most populous provinces. The capital of the nation, Ottawa, is situated in Ontario. Toronto, Canada's most populous city, is also part of Ottawa. Ontario is a wealthy province and the country's political and financial center. The majority of IT-related jobs are based in this province. It's the home of many rivers, including the famous Niagara River. The Ontario economy is characterized by the energy and agricultural sectors. Ontario welcomes foreign direct investment to the province through its OINP – Entrepreneur Category scheme.
This program is tailored for high net worth individuals who plan to invest in Ontario in either a running enterprise or a start-up. The investor invests in Ontario in exchange for a permanent residency in Canada.
The investor must be 18 years and above
The investor will have to prove their Personal Net-worth to be
CAD $800,000 if the investment is made in Greater Toronto Area
CAD $400,000 if the investment is made outside Greater Toronto Area
The minimum investments that one needs to make to a qualifying business or start-up in Ontario
CAD $600,000 in Greater Toronto Area
CAD $200,000 outside Greater Toronto Area
The Investor should have a minimum of 24 months of full-time business experience during the last 60 months.
You should make a 5-day visit to Ontario during which time you will be making all your study about the business, the province, the location and its market growth.
You need to achieve language proficiency of 5/5/5/5 in Reading, Writing, Listening and Speaking skills.
OINP Entrepreneur Category requires the investor to score in 3 major factors
Human Capital Factors
Investment Factors
Business Concepts
The total of 200 points maximum can be made under these 3 factors.
Human Capital Factors takes into consideration the Business experience, Education and Language Ability of the investor.
Investment Factors takes into consideration the Business Visit to Ontario, Personal Net-worth and Amount of Investment being made by the investor.
The Business Concept Factor takes into consideration the Business model, Location and Job creation that the business makes.
Permanent residency in Canada
Opportunity to explore new markets
Spreading business
Access to free quality education in Canada for children
Best Health Care benefits
Easy Access to neighboring countries in North America
Eligibility to citizenship after 4 years of living in Canada
PR Counseling
Eligibility Assessment
Documentation Preparation based on selection factors
Online Profile creation in Express Entry portal
Submission of “Expression of Interest” through portal
Receive invitation to apply for Nomination once selected
Submission of Provincial application
Provincial Application Decision
Entering into agreement with Ontario
Apply for work permit for 2 years
Obtain Nomination after 2 years after review of the business report about the progress of the business
Submission of Federal application to IRCC for Canada PR
Obtain Canada Permanent Residency