The Rural Entrepreneur Stream is 1 of the sub-streams of AAIP. Also, the program aims to select entrepreneurs who want to run and or buy an existing business in the rural communities of Alberta.
Besides, this program will help grow the rural communities. These businesses will be creating multiple job positions and will be generating revenue for the rural areas of Alberta.
Exploratory Visit
If you wish to apply to the Rural Entrepreneur Stream, then you must first conduct an exploratory visit to the community of your choice. However, any rural community and or the AAIP will not give a letter of support for getting a valid Canada visa.
As a result, AAIP advises applicants to conduct a thorough market, registration, licensing research before visiting the community. Besides, the applicant before applying must share a Rural Entrepreneur Stream Business Proposal Summary with the community.
Further, the community will assess the proposal. And if found profitable will issue a community support letter. In addition, the community will also endorse the applicant’s business proposal.
So, after getting the community support letter and endorsed business proposal summary, the applicant can submit an Expression of Interest (EOI) profile to AAIP.
To apply to this stream, you must meet the terms such as:
Either have a minimum of 3 years of work experience as a business owner or manager or a minimum of 4 years of work experience in a senior manager post within the past 10 years.
As an applicant, you must have a minimum of Canadian high school education. For education from outside Canada, submit an Educational Credential Assessment (ECA) report to AAIP. An ECA report proves that the foreign educational level is at par with that of Canada’s education system.
To apply to the AAIP Rural Entrepreneur Stream, you must have a minimum language skill level. Because the AAIP will select applicants who have job-ready language skill levels.
To prove the same, one can submit language test results for English/French. Also, the applicant must have a language skill level of CLB 4 for English or NCLC 4 for French.
Besides the AAIP takes the following language test results:
English
French
Moreover, your language test results can not be more than 2 years old at the time of application submission.
To apply to the AIPP Rural Entrepreneur Stream, have a minimum net worth of $300,000. Also, you must be personally holding these funds or can show funds of your spouse or common-law partner.
Must have a minimum personal business investment of $200,000 or can show funds of spouse or common-law partner. Also, the higher the investment, the higher the points an applicant will get against its application.
New Business – must have a minimum of 50% of business ownership. Also, the business partners must be Canadian citizens and or permanent residents.
Or
For business succession, one must have 100% ownership. And the take over process must have been fully completed. With the applicant taking full ownership of the newly bought business.
However, the applicant’s business must not be on the AAIP in-eligible businesses list.
As a new business, the establishment is to create a minimum of 1 full-time job for Canadian citizens or permanent residents. But the business owner can not offer the job position to their family members.
The more jobs a business will create the higher the points it will get. Further, this job offer must be for a minimum of 6 months.
But in case of business take over, the criteria of job creation is not required.
To apply to the AAIP Rural Entrepreneur stream must have a community support letter. This letter must be from a participating and designated Alberta rural community.
If you meet 1 of the following terms, then your chances of getting a request to submit a business application are good:
| Economic Benefit | Business Succession |
| Age | 21 – 49 |
| Spouse | Spouse or common-law partner meets 1 of the terms such as:
|
| Relatives in Alberta | Relative refers to:
The above relations can be of the main applicant or its spouse or common-law partner. |
To apply to this stream, after meeting the eligibility terms submit an Express of Interest (EOI) through the AAIP portal.
AAIP will then process your profile as per the information you give such as business proposal, net worth, community support letter etc. After the EOI profile will get points as per the AAIP Rural Entrepreneur Stream Points Grid
Step 1 – Check your eligibility.
Step 2 – Submit an Expression of Interest (EOI) visa AAIP online portal
AAIP will then place your EOI profile in a pool and will award points within 30 days of submission. Your profile will be in the EOI pool for 12 months. And if not selected it will be cancelled. However, one can always submit a new EOI profile.
Besides, applicants with the highest EOI score will get an invitation to submit their business proposals to AAIP.
Step 3 – Submit a Business Proposal.
After getting an invitation to submit a business proposal from AAIP. The applicant will have 90 days to do the same.
Step 4 – Business Application assessment
After receiving the business application and all the supporting documents AAIP will assess your profile. If your application gets approval, then you will get a Business Performance Agreement (BPA).
Further, you need to apply for a Canada Work Permit after getting your Community Support Letter and the Business Application Approval Letter.
Finally, after getting a work permit you can move to Alberta to set up and run your business.
Step 5 – Set up a business in Alberta
After moving to your community, you need to set up your business. And prove that you meet all the terms of the Business Performance Agreement (BPA). Also, your business is generating profit within 1 year of operations.
After meeting all the terms, you need to give the final report for nomination.
Step 6 – Final Nomination Report
After meeting all the terms of the BPA, you can apply for nomination to AAIP for permanent residency in Canada.
If the final report for nomination gets approval, then AAIP will:
Finally, when IRCC approve your Canada PR application you will get a Confirmation of Permanent Residence (COPR).
One can not apply to this program if they meet the terms such as:
The following businesses qualify:
The following businesses do not qualify under the AAIP Rural Entrepreneur Stream:
Mr. Kalyan Paul, President & CEO is the founder of GVI, an MBA in Finance and also a Chartered Professional Accountant (CPA) and a Certified Management Accountant (CMA) from Canada. Mr. Paul has more than 18 years of experience in immigration consulting that made him one of the preferred & valued immigration consultants in the immigration industry. He is a licensed member of the College of Immigration and Citizenship Consultants (CICC) [Previously known as Immigration Consultants Of Canada Regulatory Council (ICCRC)] (Membership ID: R417119) which is a professional body of licensed immigration consultants recognized by Citizenship and Immigration Canada.
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