Tuesday, 26 April 2016

Manitoba Issues 150 Letters of Advice to Apply under Business Investor Stream

The Canadian province of Manitoba issued 150 Letters of Advice to Apply (LAAs) between January 5, 2016 and April 20, 2016 under the Business Investor Stream of the Manitoba Provincial Nominee Program (MPNP), equivalent to 10 LAAs per week over the period in question. The majority of LAAs were issued to candidates from China.
The stream, which was launched last year and is also known as MPNP-B, allows Manitoba to recruit and nominate qualified business people with the intent and ability to reside in the province and make a significant investment in a new or existing business and hold an active managerial role.
The stream operates on an Expression of Interest (EOI) system whereby prospective applicants submit their intention to apply to the program. The most qualified are invited to apply by receiving a LAA from the MPNP-B. After receiving a LAA, candidates have 60 days to submit their application to the program.


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