The first step in the application process is to submit an application for evaluation. The application will be evaluated against the assessment criteria.
For a registered applicant to pass the assessment criteria, the applicant must:

  • Have achieved a minimum score of fifty-six (56) on the Nominee Assessment Grid

Points are awarded based on the size of an applicant’s proposed investment value, their personal net worth, there age (between 29 and 40 will earn maximum points), length of prior visit, education and training, amount of ownership or senior management experience, and language skills

  • Have achieved, at minimum either/or:

​- Level 6 in the International English Language Testing System (IELTS)
– Level 4 in the Test d’Évaluation De Francais (TEF)

  • Have relevant entrepreneurial or business management experience
  • Have a minimum net worth of $250,000 CAD
  • Have a minimum $150,000 in liquid assets (cash, bonds, cash derivatives etc.)
  • Have documented proof that claimed net worth and liquid assets has been obtained through legal means

All applicants who are approved for nomination receive a letter of recommendation which is submitted to the Immigration, Refugee and Citizenship Canada (IRCC) to obtain a two-year work permit. Once the two-year work permit is obtained, the applicant will be required to submit a business plan with detailed documentation demonstrating either:

  • A business plan that outlines how the Supported Applicant will establish a successful business venture in one of the industries listed on the Strategic Sector List. In this category, the Supported Applicant must demonstrate a minimum $150,000 CAD investment in the business with no less than 1/3 ownership
  • Or, an equity investment in a business in one of the industries listed on Strategic Sector List of at least $1,000,000 CAD

​At the end of the two-year period, successful applicants will be notified whether the YBINP will support their permanent residence application to the IRCC.

How We Can Help

In the self-employed stream, immigration officers carefully examine claims of ‘world-class’ experience and the intention to continue these careers after arriving in Canada. At EXITUS IMMIGRATION SERVICES , our representatives understand the minds of immigration officers and can guide you through each step of the process, ensuring you compile a strong and convicting application to give you the best chances of success.

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