Monday, 22 August 2022

28 invites were sent out by Ontario under the Entrepreneur Stream via OINP

The draw was placed on August 16, 2022, and invitations were awarded under the Entrepreneur Stream.

  1. Ontario issued 28 invitations through the Ontario Immigration Nominee Program.
  2. Participants in this draw had to have a minimum score of between 138 and 160 points.

Use the Aptech Visa’s Canada Immigration Points Calculator to see if you are eligible to immigrate to Canada.

Information about the Ontario draw.

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The table below contains the draw's specifics:

Date of the draw

Number of candidates invited

Minimum score

August 16, 2022

28

138 to 160

28 applicants are invited by OINP for the Entrepreneur track.

The Ontario Immigration Nominee Program in Canada sent 28 invites to applicants who submitted under the Entrepreneur stream. On August 8, 2022, candidates who had submitted an expression of interest were eligible for this draw.

Financial Requirements for the Ontario Entrepreneur Stream.

Also, read: August 18, 2022: SINP ISW EOI Occupations In-Demand Draw

The following are the financial specifications that applicants must meet for the entrepreneur stream:

Net worth

  1. Candidates must invest about $800,000 if the business is being considered for the Greater Toronto Area.
  2. The investment will be $400,000 if the business is located outside of the Greater Toronto Area.
  3. If the planned firm is in the field of information and communications technology (ICT), the required investment is $400,000, and the company may be established anywhere in the province.

Owning and Investing

  1. Candidates must invest $600,000 and hold 33% of the company's equity if the business is located in the Greater Toronto Area.
  2. Investors must hold 33 percent of the business and must invest $200,000 if the business is located outside of the Greater Toronto Area.
  3. Candidates must invest $200,000 and hold 33% of the company's equity if the planned business is in digital communications or ICT.

Needs That Are Not Financial

  1. As an owner or manager, applicants must have had 24 months of full-time job experience during the previous 60 months.
  2. Candidates must create two full-time employments if their business is located in the Greater Toronto Area, and one full-time job if it is located outside of the GTA or if it deals with ICT or digital communications.
  3. Candidates must travel to Ontario 12 months prior to applying. These candidates who intend to buy a firm must abide by this requirement.
  4. CLB 4 should be the required level of skill for either English or French
  5. In order to operate the business, candidates must reside in Ontario 75% of the time.

You can also read the latest Canada Immigration News and Draw Updates here.

Hosted in 2022, the prior Ontario Entrepreneur Drawings.

The specifics of the prior draws can be.

Date

No. invitations issued

Score range

July 15, 2022

33

146-174

March 4, 2022

21

152-169


For more info, please call: +91-7503832132, +91-9131059075, +91-8447281370, Write to us at: info@aptechvisa.com and Fill out the Free Canada Immigration Assessment Form

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