Do you know how the Graduate Entrepreneur Stream is working In Alberta?

Do you know how the Graduate Entrepreneur Stream is working In Alberta?

Not required to buy or get LMIA.

1. If you have completed at least two years of full-time education diploma from an Alberta Advanced Education with publicly funded college/institute/university.

2. If you have a valid Post Graduation Work Permit (PGWP)

3. If you have a minimum Canadian Language Benchmark (CLB) level of 7 for each English or French language skill.

4. You must require establishing a new business or buy an existing business in Alberta with minimum of 34% ownership.

5. If you have a minimum of 6 months of full-time work experience that can be a combination of actively managing or owning the business which you can consider from outside Canada or within Canada or you can count work experience after purchasing business.

There is point-based system that work for this stream; to gather more points, applicant is required to create job offers under the same business; additional points for business succession and economic benefits in terms of buying business in remote area.

Applicant may claim additional points if applicant spouse is having CLB 5. There are additional points if you have relatives.