New Brunswick Business Immigration Stream: Entrepreneur Route to PR
The New Brunswick Business Immigration stream is the province's route to permanent residence for experienced business owners and senior managers who want to start or buy a business in New Brunswick. You need a personal net worth of at least $500,000 ($300,000 for agriculture), a plan to invest at least $150,000 and create one full-time job, and you must run the business yourself. You come on a work permit first and are nominated only after the business has operated for six months.
On this page
- Who it's for
- Business owners and senior managers
- Age
- 19 to 59
- Net worth
- $500,000 ($300,000 for agriculture)
- Investment
- At least $150,000 in eligible investments
- Jobs
- At least 1 full-time job
- Language
- CLB 4 in all four skills
- Points
- 65 out of 100
- Provincial fee
- $2,000, non-refundable (as of September 2026)
What is the New Brunswick Business Immigration stream?
This stream is part of the New Brunswick Provincial Nominee Program (NBPNP). It is for entrepreneurs who want to start a new business or buy an existing one in New Brunswick and manage it day to day. Passive investment does not qualify.
It is a two-stage process. First, Immigration New Brunswick (INB) approves your business plan and supports a work permit. You move to the province and open the business. After six months of operating under your Business Performance Agreement, you can ask for a nomination. Only then do you apply to Immigration, Refugees and Citizenship Canada (IRCC) for permanent residence.
The stream replaced New Brunswick's older Entrepreneurial stream. Rules you may see in older articles, such as different investment or job numbers, no longer apply.
Who qualifies?
As of September 2026, you must:
- Be 19 to 59 years old.
- Have at least Canadian Language Benchmarks (CLB) level 4 in all four skills in English or French.
- Have at least a Canadian high school diploma or its foreign equivalent.
- Have a personal net worth of at least $500,000, or $300,000 if you are investing in the agriculture sector.
- Have two years of qualifying business experience in the last five years.
- Submit a business plan with at least $150,000 in eligible investments that creates at least one full-time job.
- Score at least 65 out of 100 on the selection factor grid.
What counts as business experience?
You must have owned 51% or more of a private company, or been a senior manager in a for-profit business. In that role you must have managed daily operations and supervised at least two employees.
How much money do you need?
| Requirement | Amount (as of September 2026) |
|---|---|
| Personal net worth | $500,000 minimum |
| Personal net worth, agriculture | $300,000 minimum |
| Eligible investment in the business | $150,000 minimum |
| Provincial application fee | $2,000, non-refundable |
| Expression of interest | Free |
All amounts are in Canadian dollars. You must also pay for a net worth verification by an approved accounting firm, federal work permit and permanent residence fees, and your moving costs. INB's notices say MDD Forensic Accountants no longer takes new clients for this stream, and point candidates to Doane Grant Thornton LLP or MNP LLP.
You must be able to show where your money came from. Funds that cannot be traced to legal sources can lead to refusal.
How does the process work?
The steps below come from INB's stream page. Key deadlines after you arrive:
| When | What you must do |
|---|---|
| Within 1 month of arrival | Report your arrival (form NBBIS-004) |
| Within 3 months of arrival | You may ask to update your business plan (NBBIS-007), subject to approval |
| Within 9 months of arrival | Report your business opening (NBBIS-005) |
| After 6 months of operations | Request nomination (NBBIS-006) |
If you miss these deadlines or do not meet the Business Performance Agreement, INB may not nominate you. Plan your finances for a long stay: you can only ask for nomination after six months of operations, and IRCC then needs time to process your permanent residence application.
How are candidates selected?
You submit a free expression of interest (EOI) through the INB portal. The Business Immigration stream is not on INB's list of streams with scheduled draws, so invitations come at the province's discretion based on its priorities and allocation. Meeting the minimum rules does not guarantee an invitation.
One INB profile can have only one active EOI or application. After you are nominated, you cannot withdraw to reapply under another New Brunswick stream.
What are the main risks?
Business immigration is expensive and slow, and the business has to succeed in a small market. Before you commit:
- Visit the province and research your market and costs.
- Get independent advice from a lawyer or a licensed consultant (RCIC). See how to verify a lawyer or consultant.
- Be careful with anyone who promises a guaranteed nomination or sells a ready-made business for immigration. See immigration scam protection.
If you have a criminal record or a past refusal, speak to a licensed professional before you apply.
What are the alternatives?
Other Atlantic provinces run similar entrepreneur streams:
- Nova Scotia Entrepreneur stream
- Newfoundland and Labrador International Entrepreneur
- Prince Edward Island Business Work Permit stream
At the federal level, the Start-Up Visa closed at the end of 2025 and the Self-Employed Persons Program is paused. See investing in Canada for an overview.
How to apply
Read the application guide
Check that you meet every requirement and review INB's important information for all candidates.
Submit an expression of interest
Create an INB account and submit your EOI for the Business Immigration stream. It is free.
Wait for an invitation
If INB selects you, you receive an invitation to apply.
Submit a complete application
Include your business plan (NBBIS-BP), net worth statement and verification report, and pay the $2,000 fee.
Apply for a work permit
If INB approves your application, apply to IRCC for a work permit and move to New Brunswick.
Start your business and report
Report your arrival within 1 month and your business opening within 9 months, and run the business under your Business Performance Agreement.
Request nomination
After 6 months of operations, submit form NBBIS-006 to ask for a nomination.
Apply for permanent residence
Use your nomination certificate to apply to IRCC before it expires.
Frequently asked questions
How much money do I need for the New Brunswick Business Immigration stream?
As of September 2026, you need a personal net worth of at least $500,000 ($300,000 for agriculture) and a business plan with at least $150,000 in eligible investments.
Do I get permanent residence right away?
No. You first get a work permit, open and run the business, and can ask for nomination only after six months of operations.
Can I buy an existing business?
Yes. The stream is for people who want to start or buy a business in New Brunswick, as long as you take part in its daily management and meet the investment and job rules.
What English or French level is required?
At least CLB 4 in all four skills.
Is the old New Brunswick Entrepreneurial stream still open?
No. It was replaced by the Business Immigration stream. Its forms are only for existing clients.
What is the application fee?
The EOI is free. The provincial application fee is $2,000 and is not refundable, as of September 2026.
Official sources
General information, not legal advice. NorthAmericans.com is independent and not affiliated with any government.