This pilot is intended to help address demographic challenges in these communities, including the movement of young individuals to more closely populated cities in B.C. in search of better opportunities. B.C. provides a range of provincial nominee programs for entrepreneur immigration.
BC PNP EI Key Features
- Participating communities have an active role in the selection of potential applicants. Designated community representatives meet with potential entrepreneurs, hear their business proposals, and refer them to the BC PNP if their proposal is selected.
- BC PNP referrals participating communities could refer immigrant entrepreneurs to the BC PNP. To be referred, the entrepreneur candidate should conduct an examining visit to the community and the proposed business should meet the community’s economic development priorities.
- Participating communities could advantage from a devoted community concierge appointed through the pilot to help with their immigration requirements.
- Immigrant entrepreneurs with community referrals would be capable to register in a separate candidate pool for the EI regional pilot.
Who Can Apply For BC PNP
Entrepreneurs and investors who meet the following criteria are eligible to apply:
- Personal net worth of at least CAD $600,000
- Three years in the past ten years. If no business experience should have similar to a 2-year post-secondary diploma.
- Basic English or French language skills
- Post-secondary education or at least three years of business ownership experience in the past five years
- Have legal status in the country where you recently live
- Make an eligible personal investment of about CAD $ 200,000 in the business.
- Establish an eligible new business or purchase and improve an existing business in BC.
- Make at least one new full-time job for a Canadian citizen or permanent resident
Base Stream
In this stream, personal net worth should be at least CAD $600,000. Should have business or management experience, if no business experience, should have a similar two-year post-secondary diploma. Must have a basic English or French language skill equal to Canadian language benchmark level 4 or higher. Have been lawfully admitted in the country where you live currently or have or be eligible for legal immigration status in Canada!
Regional Pilot
B.C. welcomes entrepreneurs from around the world to discover a lot of business opportunities across all regions of the province. Entrepreneurs could open a business in one of B.C.’s smaller communities and experience first-hand why a lot select to live outside of a big urban center for their families. Through the EI regional pilot, the province provides an immigration pathway for enterprising individuals who are looking to begin a new business in a small community and make B.C. their new house.
Strategic Projects
This stream is for foreign corporations who have identified strategic investment opportunities in B.C. to establish operations that are integral to the development and expansion of their core business. This stream allows foreign corporations to transfer important staff permanently with the corporate know-how and skill to B.C. The foreign corporation might apply for PN to support the permanent residence of about five of its recent senior employees.
