Nova Scotia

1- About Nova Scotia

Nova Scotia is one of the major Atlantic Provinces and Halifax, the capital city of this province, is the main gate of Canada to the Atlantic Ocean which has been historically the first entrance of immigrants to Canada.
Nova Scotia has been developing dramatically in a variety of fields such as manufacturing, fishing, and mining. All these developments resulted in a lower rate of unemployment in this state comparing to the average unemployment rate in Canada in 2006.
Nova Scotia has the highest salary rate among eastern Canada states with an average family income of CAD$ 47100. There are also 11 universities and 11 professional colleges offering a variety of majors in Nova Scotia.

2- Advantages

• Most affordable investment method (CAD$ 150,000)
• No need for any deposit.
• Exploratory visit is not necessary for this program but it is better to have one

3- Eligibility

• The main applicant must minimum age of 21
• Having a minimum net worth of $600,000
• Minimum investing of $150,000 on existing business in Nova Scotia.
• Having 3 years of management experience in the last 5 years of experience
• Having IELTS General 5 in which each skill should not lower than 5
• Having at least a high school diploma.
• Wanting to live in Nova Scotia.
**There is a scoring system in this method of immigration in which those people have higher score are on the top the list. **

Proposed business requirements

In addition to basic requirements, the applicant’s proposed business should meet this condition:
• Having ownership of at least %33 of the business.
• Daily managing the business.
• Applicant should create at least two full-time jobs.

Investment requirements on the existing business in Nova Scotia

An existing business should have these conditions in addition to all requirements above:
• Existing business should have been active at least 60 months before purchasing and its owners must be specified.
• Applicant should have met the owner during an exploratory visit.
• Applicant must demonstrate that he/she has done enough research about the business and its offering price corresponds to the real market

4- How to apply

Step 1: Submitting Expression of Interest (EOI) online. The more scores they have, the more chance to get selected.

Step 2: The applicants with the highest scores will receive an invitation letter to apply officially

Step 3: The nominated applicants will receive an invitation to attend an interview. Iland group Corp. will prepare the clients for this interview.

Step 4: In case of success in the interview, a work permit will be issued for the applicant and his/her family to establish the business