5 Things to Know About the Newfoundland & Labrador Provincial Nominee Program

Newfoundland & Labrador is known for the escape it offers from city life. Just because it isn't as busy as an urban city doesn’t mean that business isn’t booming. Newfoundland & Labrador contribute to Canada’s economy on a large scale and has many cultural and different international influences. It’s culturally diverse and rich in heritage. If you’ve been thinking about immigrating to this hidden gem, here are a few things to know about the Newfoundland & Labrador Provincial Nominee Program

5 Facts to Know About Newfoundland & Labrador Provincial Nominee Program (NLPNP).

1. There are 6 different Newfoundland & Labrador PNP Categories:

Each of these categories specialise in different fields and cater to those who have different skill sets.

• Skilled Worker Category
• Express Entry Skilled Worker Category
• Priority Skills Category
• International Graduate Category
• International Graduate Entrepreneur Category
• International Entrepreneur Category

Let’s take a look at each stream:

Skilled Worker Category

The Skilled Worker Stream is open to workers who have any type of NOC skill level. You are welcome to apply to this stream if they have a set offer of employment from a Newfoundland and Labrador employer as long as you have work experience. You can apply for a provincial nomination should you have a specialized skill set that matches the needs of the employer.

Express Entry Skilled Worker

Express Entry skilled workers that have an NOC Skill Level 0, A, or B occupation are extremely likely to get a job offer if they are in the Express Entry pool, meet all the eligibility criteria and have skills that are sought-after in the province.

Priority Skills Category

This stream is one that was introduced to skilled foreign workers who can help boost Canada’s economy that is struggling to be filled by locals in Newfoundland & Labrador. There are four main sectors that are in high demand: technology, healthcare, agriculture, and aquaculture.

International Graduate Category

Students who have graduated from a Designated Learning Institution (DLI), or have eligible post-secondary qualifications may qualify for this stream. They must, however, receive a job offer from a Newfoundland and Labrador employer within their field of study, or already be employed in the province.

International Graduate Entrepreneur Category

This program is for foreign nationals who have been in a post-secondary institution for at least two years and have graduated in Newfoundland & Labrador. The requirement of this stream is that the graduate has at least one or more years of experience in running and owning a business in a province or territory.

International Entrepreneur Category

The International Entrepreneur Program is specifically designed for foreign nationals who have their own business, or experience in managing a business in their home country and want to purchase or open their own business in Newfoundland & Labrador. Significant personal net worth and business management experience plays a crucial role in this stream.

2. Small businesses in Newfoundland & Labrador

Newfoundland & Labrador is the perfect place for small businesses to grow. It has the highest number of small businesses in the whole of Canada, with a total of 16,952 Small to Medium Enterprises (SME’s).

It’s also super affordable to register a business within Newfoundland & Labrador because the costs are so low. Below is a table with a list of business registration fees. Anyone that applies for the International Graduate Entrepreneur Category or the International Entrepreneur Category would greatly benefit from starting a business in this province.

3. Immigration costs to Newfoundland & Labrador

Funds and processing fees can catch you off guard if you don’t know what you're letting yourself in for, therefore it’s important to do research on how much money you’ll need when applying.

Processing fee for immigration is about $550.

The fees to apply for permanent residency are as follows:

• Single: Processing fee - $825 + Resident fee - $500 = $1,325
• Partner/spouse: Processing fee - $825 + Resident fee - $500 = $1,325
• Child: Total fee = $225

4. Settlement funds

The amount of money you will need when you immigrate will differ depending on the province you decide to go to, and how many people are accompanying you. The more people go with you, the higher your settlement fees become. The table below shows the settlement funds for Newfoundland & Labrador.