Anyone who wants to apply for the Alberta Immigrant Nominee Program (AINP) Self-Employed Farmer stream must have a solid financial background to buy or start a farm in Alberta, besides having experience in farm management.
In order to be eligible for the program, the candidate must provide evidence of his experience and skills in farm management. You would be required to provide proof of the financial status of your existing farm and a business plan for the farm you want to establish in Alberta.
The candidate is also required to provide a proof that a financial institution in Canada is eager to finance the proposed farm. You must have enough money to run the farm on a sustainable basis.
Anyone interested to start a farm in Alberta under the AINP is required to invest at least CDN $500,000 in the business. You must be able to produce documents showing you have this amount or a documentary confirmation you can get this amount from a Canadian financial institution or other sources.
It is important to keep in mind that CDN $500,000 is the minimum amount you will be required to invest in the farm under this program. You may be asked to prove you have more funds available to invest in the business. Furthermore, you will be required to clearly mention in your business plan the amount of money you plan to invest in the farm business.
It should be noted that under this program, priority is given to applicants who can prove that their skills and experience will contribute to the growth and development of the agro-food sector of Alberta. Depending on your candidacy, some of the eligibility criteria may be different for you. Also, be sure to do your research regarding the ineligible candidate under the Alberta Immigrant Nominee Program (AINP) Self-Employed Farmer stream.
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