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Halifax-area developer Wadih Fares says the creation of two new streams for immigrants to Nova Scotia will help boost the economy. (Jean Laroche/CBC)

The Nova Scotia government is creating two new immigration streams aimed at attracting foreigners with money to invest.

The first is called the entrepreneur stream and allows those with a net worth of at least $600,000, and at least $150,000 to invest in a Nova Scotia business, the chance to immigrate. 

Nova Scotia to fast track 300 immigrants who qualify under 'express entry' The second, the international graduate entrepreneur stream, aims to convince international students studying in Nova Scotia to remain here after their university or college studies.