Immigration Ineligibility

• Have a pending immigration application with the province
• Have an immigration application with another province
• Own property and/or a business in another province
• Have been refused for misrepresentation
• Are living in Canada illegally, out of status or have not applied for restoration of status within 90 days after losing the status
• Have been refused admission to or ordered to leave Canada or any other country
• Are working without authorization
• Have applied for or been refused refugee status or humanitarian and compassionate considerations
• Are in Live-in Caregiver Program;
• Have not been lawfully admitted to the country of residence
• Are offered a seasonal, part-time or temporary position
• Are offered a sale position that is paid by commission
• The job is not based on New Brunswick
• The job offer is under NOC C or D
• The job offer will adversely affect the settlement of a labor dispute or anyone involved in such dispute, or adversely impact training or job opportunities for Canadian or PR
• Are offered a position in a company where the applicant is the main shareholder
• Are offered a position where the applicant can start a business and/or become self-employed

List of Ineligible Businesses

• Adult services
• Bed and Breakfasts
• Coin operated businesses
• Consultancy
• Online language and educational training centers
• Settlement services for temporary residents and/or newcomers
• Cooperative
• Domain names
• Hobby farm
• Brokerage businesses
• Financial services including but not limited to payday loan, cheque cashing, money changing and cash machines
• Home-based businesses
• Property rental and leasing activities
• Inn or boutique hotel with less than 5 rental units and revenues less than $100,000
• Not-for-profit businesses
• Real estate (purchase, construction, and development unless of construction and/or development of multiple projects)
• Professional practices and services without license to practice and/or accreditation in New Brunswick
• Any business in contravention of the Immigration and Refugee Protection Act and Regulations (immigration-linked investment schemes or passive investment)
• Are conducted outside New Brunswick and/or remotely
• Offer seasonal products and/or services (under 12 consecutive months)
• Promote and/or sell controlled substances and illegal drugs, prescription drugs including items used to manufacture these products
• Promote and/or sell illegal items including but not limited to counterfeit products, copies of movies, software and trademarks, etc
• Any businesses that tend to bring the Nominee Program or the Government of the Northwest Territories into disrepute

Basic requirements

• Between 22 to 55 years old
• EOI profile meets or exceeds 65/100 points
• Have net worth after debt deduction of at least $500,000 CAD, including $300,000 CAD in liquid assets such as cash, bonds, and cash derivatives
• Make good-faith deposit of $100,000, refundable after the business has been operated for 1 year or 3 years after the landing date, whichever come first
• Net worth must be assessed by a professional accounting service provider designated by PETL (Grant Thornton LLP, MDD Forensic Accountants or MNP Ltd.) after being invited
• Have an exploratory visit to the province for at least 5 business days within 24 months prior to submission of EOI
• Have graduated from an equivalent to 2-years post-secondary program in Canada
• 3 years of work experience as a business owner with a 33.33% ownership or a senior business manager within the last 5 years, and be responsible for supervising at least 2 employees
• Intend to live permanently in New Brunswick

Language

Minimum CLB 5 at the time of nomination, assessed by 1 of 4 language proficiency tests within the last 2 years:

• International English Language Testing System (IELTS) General Training
• Canadian English Language Proficiency Index Program (CELPIP-General)
• Test d'évaluation de français (TEF)
• Test de connaissance du français Canada (TCF Canada)

Investment requirements

• Have at least 33.33% ownership
• Purchase or establish a business in New Brunswick
• At least $150,00 CAD. Not include personal expenses such as accommodation, transportation, and working capital such as rent, wages, cash or any other recurring expenses as deemed ineligible
• Only consider operating expenses for the business premises, equipment used in the operation / production / manufacturing, inventory, intellectual property, professional services (marketing, promotion), and vehicle
• If purchasing a business, it must be operated for more than 3 years by the same owner, traded at a fair market value, has a net profit for 2 of the previous 3 years, and employment terms and working conditions will be kept the same for current employees
• Under the business activities that bring economic benefits to the province, such as:
  ○ To generate profits is the primary purpose of business operation
  ○ To increase value-added manufacturing or processing for New Brunswick exports
  ○ Enhance research and development
  ○ Develop new products and/or services
  ○ Develop innovative approaches to traditional businesses
  ○ Develop and/or enhance new technologies
  ○ Transfer technology and specialized knowledge to New Brunswick
  ○ Provide products and/or services to an under-served local or regional market

Business requirements

• Create at least 1 full-time job for Canadian or Permanent resident (not including family members)
• Actively and continuously involved in the day-to-day management activities at the business location in New Brunswick for 6 months after issuance of the work permit
• Fully comply with federal and provincial laws and regulations in employment, labor, immigration
• Operate on a permanent basis, not project-based or seasonal
• Maintain a place of business in New Brunswick at all time
• Meet all commitments as agreed in Business Performance Agreement