Investing in New Brunswick
The applicants who desire to invest in New Brunswick want to reside and later become Canadian citizens, besides investing and making a profit. The state of New Brunswick provides the required conditions for one to achieve this goal through entrepreneurship. One of the necessary conditions for obtaining residency is that the applicants must prove that by receiving residence, they seriously intend to live with their family in this province, and they also want to start a business and can be profitable. The required amount of capital for the state of New Brunswick is 600,000 dollars, and the amount that must be entered first is 150,000 dollars, and the person must have other conditions such as at least an associate’s degree and be below 54 years old. If the applicants are between 35 to 50 years old, they can get the highest score.
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Introducing the New Brunswick Investment Program
Before, the applicants would pay 100,000 dollars as a deposit after obtaining the necessary approvals, and at the time of arrival, they would invest 250,000 dollars in their business. Finally, they could receive that deposit amount. However, in the new update, which took place on January 13, 2021, the deposit procedure was removed altogether. After receiving the confirmation, the applicants will enter with a Canadian work visa and have up to nine months to start their activity. After a year of starting the business, they can apply for permanent residency in Canada if their business plans are reviewed and accepted. The applicants’ spouses and children below 22 can be the central applicants’ companions in this method.
New Brunswick Investment Scoreboard
One of the most popular ways to invest in New Brunswick is entrepreneurship in Canada. The conditions of age, study, and language level must be checked to get the necessary points. Besides, having a business idea and the required investment amount can be very critical. An entrepreneurial applicant must also earn 65 out of 100 points. You can see the age scores in the table below:
| Age (year) | Points |
| 22-34 | 5 |
| 35-55 | 10 |
| 51-59 | 5 |
In the following table, you can see the score related to the language level:
| Language | CLB | Reading | Writing | Listening | Speaking | Maximum score |
| The first official language | CLB 7 | 5 | 5 | 5 | 5 | 20 |
| CLB 6 | 4 | 4 | 4 | 4 | ||
| CLB 5 | 3 | 3 | 3 | 3 | ||
| The second official language | CLB 5 | 5 | 5 | 5 | 5 | 5 |
The applicants must prove that they have about 500,000 Canadian dollars in cash and non-cash capital, of which 150,000 dollars must be in cash.
Obtaining residency and citizenship by investing in New Brunswick
The applicants first obtain visas and enter Canada with their spouses and child below 22. Their family can apply for Canadian citizenship after living in Canada for three years, reaching an excellent language level, and integrating culture and customs.
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