{"id":56395,"date":"2021-04-13T14:00:12","date_gmt":"2021-04-13T18:00:12","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=56395"},"modified":"2021-04-13T14:00:51","modified_gmt":"2021-04-13T18:00:51","slug":"ontario-aiming-to-ease-application-process-with-entrepreneur-stream-changes","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/ontario-aiming-to-ease-application-process-with-entrepreneur-stream-changes\/","title":{"rendered":"Ontario Aiming To Ease Application Process With Entrepreneur Stream Changes"},"content":{"rendered":"
Ontario immigration is aiming to ease the application process with changes planned for the province\u2019s Entrepreneur Stream<\/a>.\u00a0<\/span><\/p>\n In proposals announced this month, the province says it will:<\/p>\n Ontario officials have proposed changes to two immigration regulations: 422\/17 (General) and 421\/17 (Approvals under the Ontario Immigrant Nominee Program and Other Matters).<\/p>\n The Ontario Immigrant Nominee Program<\/a> (OINP) changes are open to public consultation until April 23, 2021.<\/p>\n Read More<\/b><\/p>\n New Ontario Entrepreneur Stream Draw Sees 19 Invitations Issued<\/a> The Entrepreneur Stream involves a series of steps before an applicant is granted permanent residency.<\/p>\n Successful applicants are initially awarded the temporary residency, with permanent residency dependent on the performance of the business against agreed targets.<\/p>\n Ontario suggests candidates thoroughly self-evaluate before registering an Expression of Interest (EOI).<\/p>\n Primarily, this should include making sure you meet\u00a0minimum requirements<\/a>, but candidates are strongly advised to visit the province to assess business opportunities and make local contacts.<\/p>\n If applying with a business partner, both of you must meet the minimum requirements in order to apply under the OES.<\/p>\n 1) Net Worth<\/p>\n 2) Investment and Ownership<\/p>\n An Expression of Interest (EOI) is an online form by which the applicant states an intention to immigrate to the province of Ontario under the OES.<\/p>\n It must be submitted online via the OINP e-Filing Portal and must be filled out accurately and honestly.<\/p>\n An EOI is valid for a year from the date of receipt. If it expires, you are welcome to submit another one.<\/p>\n The applicant is assessed and given a score using a points system.\u00a0\u00a0Points are awarded based on:<\/p>\n This factor is further divided into two sections:\u00a0Business experience<\/b>\u00a0must be:<\/p>\n Specific Experience<\/b>\u00a0must be:<\/p>\n\n
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\nOntario Entrepreneur Draw: 21 Invitations Issued<\/a>
\nOntario Entrepreneur Candidates: What to do if You Are Affected by COVID-19<\/a><\/p>\n
\nOntario Entrepreneur Stream: Application Steps<\/h3>\n
Step 1: Make sure you satisfy all criteria and requirements of the OES<\/h3>\n
Ontario Entrepreneur Stream: Financial Requirements<\/h3>\n
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Ontario Entrepreneur Stream: Non-Financial Requirements<\/h3>\n
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Step 2: Complete and submit an online\u00a0Expression of Interest (EOI)<\/h3>\n
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