The process begins with us submitting an application, for you, called an Expression of Interest. This applications is like a Resume; it asks you to note down your biographical information, business experience, financial standing, and other topics. After we submit this application, this would complete the first step.
In the second step, your application goes into a pool of all entrepreneur applicants, and you will be assigned a score out of 100 based on your profile.
The provincial government conducts draws every few months, in which it says any entrepreneur applicant with a score above a certain level (for example: Above 73) would receive an invitation to submit a complete Nomination Application.
If you receive an Invitation, then this will begin the third step. We will then be given usually 3 months to prepare this extensive application. During this process, we will be required to submit many supporting documents and work with an international Financial Institution in order to prove your financial position. We would work with you throughout this time, and then submit a complete application to the government.
In the fourth stage, the government would review your application, and approve it or reject it. If the application is true, and complete, it will likely be accepted. If it is accepted, you then must sign an undertaking (promise contract) and other documents that commit you to open that business in the province.
After you sign these documents, in the fifth step we will apply for you to obtain work permits for you and your spouse, and study permits for your children, which would allow all of you to come to Canada. This would complete the application process.
After you succeed in opening the business, and operating it for 1-2 years, you will then receive a nomination. You can then use that to apply for Permanent Residency through the Express Entry process.
In order to arrive in Canada, the process takes about 10-14 months or more.
And in order to obtain your permanent residency status, you will need about 2-3 years.