--- title: Ontario PNP’s Entrepreneur Stream Gets Faster Application Process | My Visa Source description: Are you a foreign business person and want to immigrate to Canada? Ontario will process applications faster now with these changes. 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More From My Visa Source [ Immigration Tools ](https://www.myvisasource.com/tools/) [ Express Entry CRS Calculator ](https://www.myvisasource.com/canadian-immigration/permanent-residence/express-entry/ee-crs-chatbot/) [ Language Point Calculator ](https://www.myvisasource.com/tools/ielts-celpip-tef-calculator/) [Twitter](https://twitter.com/MyVisaSource) [Facebook](https://www.facebook.com/MyVisaSource) [LinkedIn](https://www.linkedin.com/company/my-visa-source-law-mdp) Canadian Immigration News # Ontario PNP’s Entrepreneur Stream Gets Faster Application Process 3.5 minute read "The Ontario PNP (or the OINP acronym, or the full name, the Ontario Immigrant Nominee Program) is planning to make various changes to its Entrepreneur Stream (under the Business Category) to make the process easier for applicants to arrive in Canada." Written by My Visa Source Team Published on:  Jun 6, 2021 ![young asian man waiting at the airport](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/200kb/young-asian-man-waiting-at-the-airport-my-visa-source-200kb.jpg) Begin your immigration journey now Click and fill out a free online assessment to see how we can help you. It takes less than 1 minute to fill out. [Free Assessment▸ ](https://www.myvisasource.com/free-assessment) Call and speak to our team, so that they can book a time with a licensed immigration professional who will answer all your questions. [Call Us Now▸ ](tel:1-888-509-1987) Recommended For You Author info: The [Ontario PNP](https://www.myvisasource.com/canadian-immigration/provincial-nominee-program/ontario-oinp/) (or the OINP acronym, or the full name, the Ontario Immigrant Nominee Program) is planning to make various changes to its [Entrepreneur Stream](https://www.myvisasource.com/canadian-immigration/provincial-nominee-program/ontario-oinp/business-category/#entrepreneur-stream) (under the [Business Category](https://www.myvisasource.com/canadian-immigration/provincial-nominee-program/ontario-oinp/business-category/)) to make the process easier for applicants to arrive in Canada.  ## **What Changes Have Been Made to the Application Process of the OINP Entrepreneur Stream? ** These changes will include: - Making video interviews permanent to make it easier for applicants to arrive in Canada - Less monitoring of applicants as they establish their business in Canada 2 types of immigration regulations have been proposed:  - 422/17 (General) - 421/17 (Approvals under the Ontario Immigrant Nominee Program and Other Matters) These changes are open to public consultation till April 23, 2021 and improve [Business Immigration to Canada](https://www.myvisasource.com/canadian-immigration/business/) of international entrepreneurs and investors. ### Subscribe to our magazine to stay up to date with Immigration news Check Out the 5 Investment Options for Business Immigration. [Learn More](https://www.myvisasource.com/pricing-options/business-immigration/) ![](https://www.myvisasource.com/hubfs/3d%20Model%20Stills/tile%20png/briefcase2.png) ## **What Is the Application Process of the Ontario Entrepreneur Stream?** If you are applying for the Entrepreneur Stream, then you will receive [temporary residence](https://www.myvisasource.com/canadian-immigration/temporary-residence/) initially which can be converted to permanent residence based on whether the business was able to achieve the targets set in the Business Performance Agreement. The application process involves the following steps: ### **Step 1: Meet the Eligibility Requirements:**  Ensure that you meet the requirements for the stream and submit an [Expression of Interest (EOI)](https://www.canada.ca/en/innovation-hub/corporate/expression-interest.html). This stream has different requirements regarding the applicant’s net worth, investment, ownership, work experience, business performance, language proficiency and connection to the province. ### **Step 2: Submit a completed Expression of Interest (EOI): ** You must submit an EOI online to express your intention of immigrating to Ontario through the Entrepreneur Stream. This EOI is valid for a year, and you can submit another one if this expires. Your application will be assessed based on the following factors: - Experience Factors - Investment Factors - Human Capital Factors The applicant must have experience of owning at least 33.33% of a business in which they were either actively involved in its daily operations or held a senior management position for 2 years. Having less than 2 years of business management experience makes you ineligible for this stream. ### **Step 3: Invitation to Apply: ** Ontario conducts regular PNP draws to nominate eligible applicants from the EOI pool for provincial nomination and ultimately permanent residency. ### **Step 4: Applying for Provincial Nomination: ** Once you receive your invitation to apply for the provincial nomination, you will be required to submit a business case along with all the required supporting documents requested within 90 days. This includes a review report made by a qualified vendor of your net worth and the required application processing fee. If your application is incomplete, then it will not be processed and will likely be denied or returned. ### **Step 5: Assessment of Application: ** Once you have submitted your application with the required documentation, it will be assessed. Based on your eligibility, you will be required to attend an in-person interview appointment at the OINP offices. ### **Step 6: Signing a Business Performance Agreement:**  If your application is successful, you will be required to sign a Business Performance Agreement that will highlight the business goals you must meet to gain permanent residence. ### **Step 7: Receiving a Temporary Work Permit:**  Since you won’t receive permanent residence until you meet the targets set in the Business Performance Agreement, you must obtain a temporary work permit to establish your business in Ontario. You will receive a letter of support for a [temporary work permit](https://www.myvisasource.com/canadian-immigration/temporary-residence/work-permits/) after you sign the Business Performance Agreement. This letter will help you obtain a temporary work permit from the federal government. ### **Step 8: After Arrival in Canada:**  After you have received your temporary work permit, you must move to Ontario to establish your business. You must inform the immigration office within 7 days of your arrival in Canada. You will be required to submit a report in 18-20 months after your arrival to show that you have abided by all the rules and conditions of your Business Performance Agreement. ### **Step 9: Receiving Permanent Residence:**  If your report is approved by the OINP officials, then you will be nominated for [permanent residence](https://www.myvisasource.com/canadian-immigration/permanent-residence/) by the government. This means that you will receive a provincial nomination that authorizes you to apply for permanent residence to the federal government. ### **Step 10: Application for Permanent Residence:**  Receiving permanent residence does not mean that you will be free to do whatever you want. You will be monitored for an additional 36 months to make sure that your business still abides by the terms of your performance agreement.  Questions About Immigration? My Visa Source Has Answers. My Visa Source stays updated on all immigration news and announcements across Canada and the United States, including sudden changes in government law. Our legal solutions help individuals, families, businesses and investors from North America and around the globe. Get The Personalized Help That You Need and Deserve! Securing personalized legal help is quick and simple. Begin with our one-minute online immigration assessment form or call us toll-free at 1-888-509-1987. Book a personal consultation to speak with an award-winning immigration lawyer either in person, over the telephone, or through a video conference. We're open 6am-9pm PST & EST, 7 days a week and are ready for in person, phone, and video consultations. [ Book a Consultation ](https://www.myvisasource.com/book-a-consultation) [ Free Assessment ](https://www.myvisasource.com/free-assessment) ![Canadian Flag](https://www.myvisasource.com/hubfs/3d%20Model%20Stills/Service%20Page%20compressed/cadFlag5_trimmed.webp) Latest Articles from Immigration Magazine [![a woman working at her desk by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-woman-working-at-her-desk-by-my-visa-source.jpg) Canadian Immigration Can I Get A Canadian Work Permit Without A Job Offer? Have you ever wondered what it would be like to work in Canada? Maybe you’ve already gotten a job offer, and you’re not sure what your next step is. 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[![a young woman holding a laptop by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/happy-couple-working-on-laptop-and-taking-notes-with-turquoise-background-by-my-visa-source.jpg) Canadian Immigration The Top 10 Universities in Canada for International Students ](https://www.myvisasource.com/blog/the-top-10-universities-in-canada-for-international-students) Canada, also known as The True North, contains some of the top universities in the world, according to the Times Higher Education’s World University Rankings 2020. These academic institutions offer exceptional opportunities for higher learning. If you’re an international student hoping to study abroad, Canadian universities offer many different programs and degrees for you to choose from. TO STAY CURRENT WITH THE LATEST IMMIGRATION NEWS, SUBSCRIBE TO GET TRENDING IMMIGRATION STORIES WEEKLY. 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[![a young woman ready to travel with her passport and luggage by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-young-woman-ready-to-travel-with-her-passport-and-luggage-by-my-visa-source.jpg) Canadian Immigration Can I Work While Under A Canadian Visitor Visa? ](https://www.myvisasource.com/blog/can-i-work-while-under-a-canadian-visitor-visa) Similar to the United States, Canada protects itself against labour problems by generally not allowing visitors to work under work permits. As such, most people will be unable to apply for a work permit while in the country for vacation or to visit family. [![a pakistan flag by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-pakistan-flag-by-my-visa-source.jpg) Canadian Immigration Immigration to Canada from Pakistan ](https://www.myvisasource.com/blog/immigration-to-canada-from-pakistan) One appealing characteristic of Canada is that it is a truly multicultural country. This can make it easy for newcomers to settle here, which is why many people consider immigrating to Canada from all corners of the world. [![a bangladesh flag by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-bangladesh-flag-by-my-visa-source.jpg) Canadian Immigration Immigration to Canada from Bangladesh ](https://www.myvisasource.com/blog/immigration-to-canada-from-bangladesh) Canada is a peaceful, inclusive country with a thriving economy. Those qualities explain why so many people from other countries think about migrating here. OVER A DECADE, WE’VE DEMOCRATIZED AND SIMPLIFIED IMMIGRATION. IT’LL TAKE LESS THAN 1 MINUTE TO FILL OUR ONLINE ASSESSMENT AND A TEAM MEMBER WILL FOLLOW UP WITH YOU. [Get Started](https://www.myvisasource.com/free-assessment) [![a skyline of toronto by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-skyline-of-toronto-by-my-visa-source.jpg) Canadian Immigration How Quickly Can I Apply for a Visa After Rejection? ](https://www.myvisasource.com/blog/how-quickly-can-i-apply-for-a-visa-after-rejection) Thinking of visiting Canada? The visa process for visitors can be complicated and messy. Reapplying for a rejected visa can be daunting, but having the right information at hand can greatly simplify the process. [![two hands forming a heart shape with rainbow bracelets by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/two-hands-forming-a-heart-shape-with-rainbow-bracelets-by-my-visa-source.jpg) Canadian Immigration Can I Sponsor My Same-Sex Spouse or Partner? ](https://www.myvisasource.com/blog/can-i-sponsor-my-same-sex-spouse-or-partner) Being in a same-sex relationship and living in a country where you can’t live openly as a homosexual or where you can’t marry is frustrating at best and life-threatening at worst. [![an older man holding blueprints by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/an-older-man-holding-blueprints-by-my-visa-source.jpg) Canadian Immigration Labour Market Impact Assessment (LMIA) Processing Times in Canada ](https://www.myvisasource.com/blog/labour-market-impact-assessment-lmia-processing-times) A Labour Market Impact Assessment (LMIA) is a vital part of the process when Canadian employers want to hire temporary foreign workers (TFW). Depending on the job and the industry sector, a positive LMIA must be issued before a TFW can apply for a temporary work permit. LMIA was formerly called a LMO (Labour Market Opinion). [![a woman working at her desk by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-woman-working-at-her-desk-by-my-visa-source.jpg) Canadian Immigration Can I Get A Canadian Work Permit Without A Job Offer? Have you ever wondered what it would be like to work in Canada? Maybe you’ve already gotten a job offer, and you’re not sure what your next step is. Do you need a Canadian work permit or what should you consider when applying for a work permit in Canada? The answer to that question is, “It depends.” Read on to learn about what jobs you’ll need a work permit for, and which jobs don’t require one. ](https://www.myvisasource.com/blog/can-i-get-a-canadian-work-permit-without-a-job-offer) [![a couple talking through cups with a string by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-couple-talking-through-cups-with-a-string-by-my-visa-source.jpg) Canadian Immigration Can I Sponsor My Girlfriend to Become a Canadian? ](https://www.myvisasource.com/blog/can-i-sponsor-my-girlfriend-to-become-a-canadian) You met your girlfriend outside of Canada, and it was love at first sight. Now, you can’t imagine life without her, and you want to bring her to Canada to live with you permanently. [![a young woman holding a laptop by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/happy-couple-working-on-laptop-and-taking-notes-with-turquoise-background-by-my-visa-source.jpg) Canadian Immigration The Top 10 Universities in Canada for International Students ](https://www.myvisasource.com/blog/the-top-10-universities-in-canada-for-international-students) Canada, also known as The True North, contains some of the top universities in the world, according to the Times Higher Education’s World University Rankings 2020. These academic institutions offer exceptional opportunities for higher learning. If you’re an international student hoping to study abroad, Canadian universities offer many different programs and degrees for you to choose from. [![a woman signing paperwork by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-woman-signing-paperwork-by-my-visa-source.jpg) Canadian Immigration The Provincial Nominee Program (PNP) in 5 Easy Steps ](https://www.myvisasource.com/blog/provincial-nominee-program-in-5-easy-steps) If you’re considering coming to Canada and aren’t sure which immigration class makes the most sense for you, consider the Provincial Nominee program (PNP). While the immigration process in general is confusing, the PNP doesn’t have to be. Read on to learn about the five easy steps it takes to immigrate to Canada through the PNP - our Toronto lawyers can help. [![a young man at a business on his cell and taking notes by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-young-man-at-a-business-on-his-cell-and-taking-notes-by-my-visa-source.jpg) Canadian Immigration Owner Operator LMIA for Business Owners ](https://www.myvisasource.com/blog/owner-operator-lmia-business-owner-operators-avoid-lmia) Owner operators entering the Canadian market from abroad may spend less time and money on immigration processes because of exemptions offered by the government. Most workers require an LMIA (Labour Market Impact Assessment), but qualified owner operators get to avoid the process altogether. [![a business woman talking on her cell with a facemask by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-business-woman-talking-on-her-cell-with-a-facemask-by-my-visa-source.jpg) Canadian Immigration 4 Reasons Your Visa Application is Taking Longer Than Expected ](https://www.myvisasource.com/blog/4-reasons-your-visa-application-is-taking-longer-than-expected) Waiting is often the hardest part of applying for one of Canada’s many immigration and visa programs. Since the process is complicated, many reasons exist that could be causing a delay. These four reasons are among the top culprits that make applications take longer than expected. [![a young woman ready to travel with her passport and luggage by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-young-woman-ready-to-travel-with-her-passport-and-luggage-by-my-visa-source.jpg) Canadian Immigration Can I Work While Under A Canadian Visitor Visa? ](https://www.myvisasource.com/blog/can-i-work-while-under-a-canadian-visitor-visa) Similar to the United States, Canada protects itself against labour problems by generally not allowing visitors to work under work permits. As such, most people will be unable to apply for a work permit while in the country for vacation or to visit family. [![a pakistan flag by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-pakistan-flag-by-my-visa-source.jpg) Canadian Immigration Immigration to Canada from Pakistan ](https://www.myvisasource.com/blog/immigration-to-canada-from-pakistan) One appealing characteristic of Canada is that it is a truly multicultural country. This can make it easy for newcomers to settle here, which is why many people consider immigrating to Canada from all corners of the world. [![a bangladesh flag by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-bangladesh-flag-by-my-visa-source.jpg) Canadian Immigration Immigration to Canada from Bangladesh ](https://www.myvisasource.com/blog/immigration-to-canada-from-bangladesh) Canada is a peaceful, inclusive country with a thriving economy. Those qualities explain why so many people from other countries think about migrating here. [![a skyline of toronto by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/a-skyline-of-toronto-by-my-visa-source.jpg) Canadian Immigration How Quickly Can I Apply for a Visa After Rejection? ](https://www.myvisasource.com/blog/how-quickly-can-i-apply-for-a-visa-after-rejection) Thinking of visiting Canada? The visa process for visitors can be complicated and messy. Reapplying for a rejected visa can be daunting, but having the right information at hand can greatly simplify the process. [![two hands forming a heart shape with rainbow bracelets by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/two-hands-forming-a-heart-shape-with-rainbow-bracelets-by-my-visa-source.jpg) Canadian Immigration Can I Sponsor My Same-Sex Spouse or Partner? ](https://www.myvisasource.com/blog/can-i-sponsor-my-same-sex-spouse-or-partner) Being in a same-sex relationship and living in a country where you can’t live openly as a homosexual or where you can’t marry is frustrating at best and life-threatening at worst. [![an older man holding blueprints by my visa source](https://www.myvisasource.com/hubfs/Compressed%20Blog%20Images/50kb%20resized%20jpg/an-older-man-holding-blueprints-by-my-visa-source.jpg) Canadian Immigration Labour Market Impact Assessment (LMIA) Processing Times in Canada ](https://www.myvisasource.com/blog/labour-market-impact-assessment-lmia-processing-times) A Labour Market Impact Assessment (LMIA) is a vital part of the process when Canadian employers want to hire temporary foreign workers (TFW). Depending on the job and the industry sector, a positive LMIA must be issued before a TFW can apply for a temporary work permit. LMIA was formerly called a LMO (Labour Market Opinion). 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