regional business

BC PNP

BC PNP: Business Immigration: regional business

Applicants for nomination in the Regional Business category will be required to:

Make a personal investment of at least $200,000 CAD to establish or to purchase and expand an eligible business anywhere in BC outside of the Vancouver metropolitan area (PDF – 2.34MB) or the Abbotsford metropolitan area (PDF – 775KB).
Create at least one new job in the business for a Canadian or permanent resident.
Own at least one third (33 1/3%) of the equity of the business.
Provide active and on-going participation in the day-to-day management and direction of the business.
Demonstrate that they have:
the skills and experience necessary to establish and operate a commercially viable business in BC
a personal net worth of at least $400,000 CAD obtained from legal sources
sufficient unencumbered personal funds to make the required investment a viable business proposal.
Sign a Performance Agreement with the Province of British Columbia.
Sign a Deposit Agreement with the Province of British Columbia if they are seeking a Fast Track nomination.

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