Ontario accepting online applications for OINP Corporate StreamPosted on September 11, 2017
The Ontario Immigrant Nominee Program’s Corporate Stream which facilities overseas corporations to expand their business horizons in Ontario or buy an established business, is now open to take online applications. Through this stream, corporations who have satisfied the program’s requirements can sponsor a minimum 5 workers to migrate to Canada. However, the staff members must be a purposeful resource for setting up, operating and productive growth of the business in Ontario.
Streams for business immigration are not new to Ontario, Canada’s largest hub for economic activity. OINP Corporate Stream and Entrepreneur stream was launched in October 2015. On the other hand, OINP has now commenced the new system for online applications, as quoted by the Canadim.
Qualified candidates must submit their application via the e-Filing Portal of OINP by online. It is stated that the number of nominations fixed for this opening are limited. Hence, applicants who believe are eligible must no delay in the application.
There are two business streams under Ontario Immigrant Nominee Program:
- OINP Corporate Stream- This is a suitable program if an entrepreneur or business person is aiming to expand his presence his Ontario or buy an already existing business. The basic criteria to apply under this stream are to have at least 3 yr old business in Ontario and have an investment of 5 million dollars.
- OINP Entrepreneur Stream- If an entrepreneur intends to make an investment of at least 5 million dollars and is able to demonstrate a net worth of min. 800,000 million dollars, he can apply for nomination to establish or buy an existing business in Ontario.