{"id":55848,"date":"2019-07-10T23:17:16","date_gmt":"2019-07-11T03:17:16","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=55848"},"modified":"2019-07-10T23:17:30","modified_gmt":"2019-07-11T03:17:30","slug":"entrepreneur-investment-net-worth-and-experience-requirements-slashed-by-ontario","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/entrepreneur-investment-net-worth-and-experience-requirements-slashed-by-ontario\/","title":{"rendered":"Entrepreneur Investment, Net Worth and Experience Requirements Slashed By Ontario"},"content":{"rendered":"\n
The investment and net worth requirements for candidates under the Ontario Entrepreneur Stream<\/a> (OES) have been slashed.<\/p>\n\n\n\n Candidates for the Ontario Immigrant Nominee Program<\/a> stream also require less business experience following the changes, which are effective July 8, 2019.<\/p>\n\n\n\n Canada\u2019s largest province is hoping to make the OES more attractive to job creators and be more competitive with other provincial entrepreneur immigration streams.<\/p>\n\n\n\n Changes To the Ontario Entrepreneur Stream<\/strong><\/p>\n\n\n\n The changes were proposed as part of the Ontario provincial budget in April, and were subject to a public consultation period that ended on May 30, 2019.<\/p>\n\n\n\n The changes have been confirmed following an announcement by the OINP.<\/p>\n\n\n\n Candidates who submitted an Expression of Interest for the Ontario Entrepreneur Stream before July 8 and are yet to receive an invitation to apply are no longer eligible, an OINP statement said.<\/p>\n\n\n\n They will need to register a new Expression of Interest to be eligible for future rounds of invitations.<\/p>\n\n\n\n
\n\n\n\n\nRequirement Description<\/strong>\n<\/td> \nBefore July 8, 2019<\/strong>\n<\/td> \nAfter July 8 2019<\/strong>\n<\/td><\/tr> \nNet worth for proposed business inside GTA\n<\/td> \n$1.5 million\n<\/td> \n$800,000\n<\/td><\/tr> \nNet worth for proposed business outside GTA\n<\/td> \n$800,000\n<\/td> \n$400,000\n<\/td><\/tr> \nNet worth for proposed business in involved in Information Communications Technology or Digital Communications \n<\/td> \n$800,000\n<\/td> \n$400,000\n<\/td><\/tr> \nMinimum investment for proposed business inside GTA\n<\/td> \n$1 million\n<\/td> \n$600,000\n<\/td><\/tr> \nMinimum investment for proposed business outside GTA\n<\/td> \n$500,000\n<\/td> \n$200,000\n<\/td><\/tr> \nMinimum investment for proposed business in involved in Information Communications Technology or Digital Communications \n<\/td> \n$500,000\n<\/td> \n$200,000\n<\/td><\/tr> Business experience as owner or senior manager <\/td> \n36 months within last 60 months\n<\/td> \n24 months within last 60 months\n<\/td><\/tr><\/tbody><\/table>\n\n\n\n
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