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Nova Scotia Entrepreneur Stream: Start or Buy a Business in Nova Scotia

The Nova Scotia Entrepreneur stream is for experienced business owners and senior managers who start or buy a business in Nova Scotia and run it day to day. After operating the business for a year, you may be nominated for permanent residence. You need a net worth of at least $600,000 ($400,000 outside Halifax) and at least $150,000 ($100,000 outside Halifax) to invest, and you apply only if invited.

OpenOpen by invitation only; since Feb 18, 2026 it also includes the former International Graduate Entrepreneur rules. (Status as of September 22, 2026)
On this page
  1. What is the Nova Scotia Entrepreneur stream?
  2. Who qualifies for the main Entrepreneur criteria?
  3. What is the International Graduate sub-criteria?
  4. How does the process work?
  5. How much does it cost?
  6. How does it compare with other Atlantic entrepreneur streams?
  7. What are the alternatives?
  8. How to apply
  9. Frequently asked questions
  10. Official sources
Key factsSeptember 22, 2026
Who it's for
Experienced business owners and senior managers
Net worth
$600,000 CAD ($400,000 outside Halifax)
Investment
$150,000 CAD ($100,000 outside Halifax)
Experience
3 years owning and managing, or 5+ years senior management
Language
CLB 5 (CLB 7 for the graduate option)
Provincial fee
$2,000 (from Sept 1, 2026)
Nomination
After about 1 year running the business

What is the Nova Scotia Entrepreneur stream?

The Entrepreneur stream is the business stream of the Nova Scotia Nominee Program (NSNP). It is for people who want to live in Nova Scotia permanently and either start a new business or buy an existing one. You must take part in the day-to-day management of the business. After you have operated it for a year, Nova Scotia may nominate you for permanent residence under the federal Provincial Nominee Program.

Application is by invitation only. You first submit an expression of interest (EOI), and Nova Scotia invites selected candidates to apply.

When Nova Scotia consolidated its program into four streams on February 18, 2026, the Entrepreneur stream kept its name and absorbed the former International Graduate Entrepreneur stream as a sub-criteria with the same rules.

Who qualifies for the main Entrepreneur criteria?

You must:

  • be 21 years of age or older
  • want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business
  • have at least 3 years of experience actively managing and owning a business (at least one-third ownership), or more than 5 years in a senior business management role
  • score at least CLB 5 (Canadian Language Benchmark) in speaking, listening, reading and writing, in English or French
  • complete an online EOI and receive an Invitation to Apply from the Department of Labour, Skills and Immigration

The money rules depend on where your business will be:

Requirement In Halifax Regional Municipality (HRM) Outside HRM
Minimum net worth $600,000 CAD $400,000 CAD
Minimum investment of your own money $150,000 CAD $100,000 CAD

These are the figures on the province's stream page as of September 2026. Your net worth must be verified by one of the financial statement review service providers the province lists, using its net worth verifier checklist.

What is the International Graduate sub-criteria?

This option is for recent graduates of a Nova Scotia university or the Nova Scotia Community College who have already started or bought a Nova Scotia business and operated it for at least a year. You must:

  • be 21 or older and intend to settle in Nova Scotia
  • have at least one year of continuous experience actively managing and owning your current Nova Scotia business, with at least 33.33% ownership
  • have completed a degree or diploma after at least 2 academic years of full-time, in-person study at a Nova Scotia university or the Nova Scotia Community College
  • hold a valid Post-Graduation Work Permit
  • score at least CLB 7 in all four language skills, in English or French
  • submit an EOI and receive an Invitation to Apply

There is no minimum net worth listed for this option on the province's page.

How does the process work?

For the main criteria, the path is usually: EOI, invitation, full application with a business plan and net worth verification, approval, then arrival in Nova Scotia to start or buy the business. Approved candidates sign a Business Performance Agreement (BPA) that sets out what the business must achieve. Nova Scotia can issue a letter supporting a work permit when one is needed. After you run the business for a year and meet the agreement, Nova Scotia may nominate you.

Once nominated, you have 12 months to apply to Immigration, Refugees and Citizenship Canada (IRCC) for permanent residence. You, your spouse and your dependents must pass medical, security and criminal checks. IRCC makes the final decision.

Because business immigration involves large sums, use only a lawyer or a licensed consultant (RCIC) if you want help, and check their license first. Nova Scotia runs a confidential tool for reporting immigration fraud.

How much does it cost?

Cost Amount (as of September 2026) When
EOI Free When you submit
NSNP fee, Entrepreneur stream $2,000 After an Invitation to Apply
Net worth verification Set by the service provider Before you apply
IRCC permanent residence fees Set by IRCC After nomination

The fee deadline depends on your plan: 90 calendar days after the invitation if you are starting a new business, 180 calendar days if you are buying an existing business, and 90 calendar days for the international graduate option. If you miss the deadline, your EOI is closed. The fee is non-refundable and there are no waivers. Budget separately for the investment itself, travel, and professional help with the business plan.

How does it compare with other Atlantic entrepreneur streams?

The Atlantic provinces set different money and language rules. Figures below are from each province's official pages as of September 2026:

Stream Minimum net worth Minimum investment Language Provincial fee
Nova Scotia Entrepreneur $600,000 (HRM) or $400,000 (outside HRM) $150,000 (HRM) or $100,000 (outside HRM) CLB 5 $2,000
New Brunswick Business Immigration $500,000 ($300,000 in agriculture) $150,000 and at least one full-time job CLB 4 $2,000
Newfoundland and Labrador International Entrepreneur $600,000 in transferable assets $200,000 for at least one-third ownership, or $1 million in equity CLB 5 None

All three require you to manage the business actively and run it for a period before nomination. Newfoundland and Labrador also requires an exploratory visit if you apply from outside the province. Read each stream's page for the full rules before you decide where to invest.

What are the alternatives?

How to apply

  1. Check the requirements

    Read the Entrepreneur application guide and confirm your net worth, investment funds, experience and language score.

  2. Submit an expression of interest

    Complete the online EOI for the Entrepreneur stream or its International Graduate sub-criteria.

  3. Receive an Invitation to Apply

    Nova Scotia invites selected candidates. You cannot apply without an invitation.

  4. Pay the fee and apply

    Pay the $2,000 fee within 90 or 180 days depending on your plan, and submit your application with the business plan and net worth verification.

  5. Start or buy the business

    If approved, sign the Business Performance Agreement, get any work permit you need, and run the business.

  6. Request nomination and apply to IRCC

    After about a year of operating the business, you may be nominated. Apply to IRCC for permanent residence within 12 months of nomination.

Frequently asked questions

How much money do I need for the Nova Scotia Entrepreneur stream?

As of September 2026, a net worth of at least $600,000 CAD and an investment of at least $150,000 CAD for a business in Halifax Regional Municipality, or $400,000 and $100,000 for a business outside it.

Can I apply without an invitation?

No. The Entrepreneur stream is by invitation only. You submit an expression of interest first and wait to be invited.

Do I get permanent residence right away?

No. You start or buy the business first and operate it for about a year. Only then can Nova Scotia nominate you, and you apply to IRCC after that.

Is the International Graduate Entrepreneur stream still open?

Its rules continue as the International Graduate sub-criteria of the Entrepreneur stream since February 18, 2026. The separate stream name no longer exists.

What is the application fee?

From September 1, 2026, the fee is $2,000 per principal applicant, paid after you receive an Invitation to Apply. Submitting an EOI is free.

Official sources

  1. Live in Nova Scotia: Entrepreneur streamliveinnovascotia.com
  2. Live in Nova Scotia: NSNP update, four consolidated streams (Feb 18, 2026)liveinnovascotia.com
  3. Live in Nova Scotia: NSNP application fees effective September 1, 2026liveinnovascotia.com
  4. Live in Nova Scotia: Nova Scotia Nominee Programliveinnovascotia.com
  5. IRCC: Provincial Nominee Programcanada.ca

General information, not legal advice. NorthAmericans.com is independent and not affiliated with any government.