Northwest Territories or known as Les Territoires du Nord-Ouest is an amazing land area in Canada. It is known as the second largest and most populous of the three territories in Canada for natural features, mountains, and waterfalls. Northwest Territories has around 60000 people which mostly focuses on the resource industry and mining industry. However, recently tourism has also become increasingly important in the area and it also opens as a new age for various job opportunities in Northwest Territories.
About Northwest Territories Immigration
In order to satisfy the need of Northwest Territories Immigration, this province also provides many programs operated by the Government of the Northwest Territories with the purpose is to attract and retain qualified individuals to fill promote business development in the Northwest Territories areas.
Applicants for this program are encouraged to apply for permanent residency in Canada through the Provincial Nominee stream. This process is usually faster than other classes and also has more requirements for immigrants for the stream.
How to be eligible for the program?
To be qualified for the Northwest Territories Immigration’s programs first applicants should buy a business or invest a minimum of $300,000 CAD into a business in the Northwest territories areas or the corporate boundaries of Yellowknife ( if it is outside the mentioned areas above, applicants should have $150,000 CAD). Applicants for this program should prove that they have a personal net worth of $500,000 CAD at the minimum if starting or buying a business in the corporate boundaries of Yellowknife, Northwest Territories.
In case, applicants want to start or buy a business outside the corporate areas of Yellowknife and Northwest Territories a minimum required is $250,000 CAD. In addition, the language requirement is considered as undeniable criteria of the program therefore, applicants have to prove their language proficiency in Frech or English equivalent to a Canadian Language Benchmark (CLB) level 4. Since this is under the business stream the applicants should have enough experience and demonstrate sufficient communication skills to conduct their business plan in the Northwest Territories.
How to apply for the stream and move to Northwest Territories?
Candidates who applied to the federal Express Entry pool may also consider as eligible for the Northwest Territories Business Immigration Program: if they met all the requirements of the immigration programs such as establishing a business, purchasing, or investing in an existing business. Applicants are selected primarily based on their ability to create jobs for the foreign national and other Canadians living in the region eligible for the Northwest Territories program; moreover, candidates also need to be qualified for the criteria of the Northwest Territories Business Stream.
Applying to the program may go through different steps including self-assessment from the candidates to understand if they are eligible for the program, face to face interviews which the aim is to get to know more about the process also the business concept of the applicants. After this stage applicants will be invited formally to apply for the program ( only 9 months is the time for the application to the Nominee Program) then the Nominee Program staff will review all the applications before processing the next step. An amount of $75,000 CAD good faith deposit is required to submit when signing the agreement. A formal application should be submitted by mail or in-person, fax is not considered as eligible to apply for the program. Only completed applications will be processed and assessed.
Get help with Northwest Territories Immigration information
In case candidates have any questions or need more information while preparing information for Canada Immigration programs, all candidates are encouraged to contact us through Immilist to get guidance and support from us. Our website provides an amount of information related to immigration to Canada, the Northwest Territories in general and other Canada regions, candidates can also easy to find quick and direct answers to frequently asked questions to understand clearly about the program you apply.
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