The Manitoba Provincial Nominee Program Business Investor Stream (BIS) is a component of an immigration program that was created through an agreement between the Government of Canada and the Province of Manitoba. The purpose of this program is to attract exceptional business persons who are able and willing to make an investment in and be active in a new or existing business in the Province of Manitoba.
Business immigrants are required to have a legally earned or obtained net worth of at least CDN$350,000.
The amount of investment you make in Manitoba will be dictated by the type of business you establish, what size it is, whether it will be a new business or an existing business, or an existing business in which you become an active partner. Depending on the size of the business, the investment may be in the hundreds of thousands or millions of dollars. However, the investment amount must not, under any circumstances, be lower than CDN$150,000. This does not include the CDN$100,000 deposit.
Receiving a Letter of Advice to Apply does not guarantee that the MPNP-B will issue a Nomination Certificate. The MPNP-B bases its decision on many factors in addition to the minimum net worth and management experience criteria.
No. The Business Research Visit is optional for an applicant. However, the MPNP encourages an applicant to conduct such a visit for a minimum of five working days (not including holidays and travel days). This visit will allow an applicant to identify and assess potential business opportunities as well as experience Manitoba’s quality of life. This Business Research Visit must be conducted no more than one year prior to submission of the Expression of Interest (EOI).
The Adaptability Assessment Matrix awards 15 points under Enhanced Settlement Factors for a business research visit undertaken within the last twelve months prior to submitting the Expression of Interest. In order to qualify, you must have visited Manitoba for at least five working days and conducted relevant business and lifestyle-related research. A working day is defined as any day that is not a General Holiday in Manitoba. You can find a list of General Holidays in Manitoba at the following link: http://www.gov.mb.ca/labour/standards/doc,gen-holidays-after-april-30-07,factsheet.html#q12.