PEIPNP Application Process: Partial Ownership Business Stream

Step #5 CIC approval, landing in Canada and reporting to Immigration Services:

• If approved by CIC for permanent resident status, the applicant will receive written confirmation and permanent resident visas will be issued.
• Upon receipt of all the necessary documentation from CIC, the applicant will be able to complete the process of becoming a permanent resident by landing in Canada and obtaining a permanent resident card.
• Upon arrival in Canada the applicant must contact Immigration Services within 30 days of arrival to register and arrange a post arrival appointment. To contact Immigration Services, please call (902) 620-3628 or email peinominee@gov.pe.ca

Step # 6 Compliance with the escrow agreement:

• The applicant will need to meet the terms and conditions of the escrow agreement.
• Each escrow agreement will have terms and conditions required for all applicants as well as unique terms and conditions specific to that application.
• The escrow agreement will also set out the process for the refund or default of the $100,000 CAD deposit.

Step #7. Successfully meeting conditions of the escrow agreement and receiving deposit:

• Upon meeting the conditions of the escrow agreement, the applicant will receive the $100,000 CAD deposit (without interest).
• Please review the agreement and its terms and conditions to fully understand the requirements.

Please be advised that in no way does a Prince Edward Island nomination guarantee that the applicant will receive a permanent resident visa.  Do not make permanent arrangements to move to Prince Edward Island (example: leave your job, sell your property, etc.) until the application for a Permanent Resident Visa has been assessed and confirmed by CIC via the visa office/embassy.

CIC is responsible for ensuring all applications for permanent resident status meet the requirements of the Immigration and Refugee Protection Act and all statutory admissibility checks are completed. CIC has the final authority to approve or refuse an application for permanent residency. 

Immigration Services makes no representation of processing times for permanent resident visas by CIC, for details visit http://www.cic.gc.ca/english/information/times/index.asp

Business Impact Category Application Forms

PEI PNP Application Forms

1. Business Impact Checklist (B-1) – (form must be completed by the applicant)
2. Business Impact Self-Assessment Form (B-2) – (form must be completed by the applicant)
3. Business Impact Application Form (B-3) – (form must be completed by the applicant)
4. Business Impact Information Release Form for Applicant (B-4) – (form must be completed by the applicant)
5. Business Impact Information Release Form for Applicant’s Spouse (B-5) – (form must be completed by the applicant’s spouse)
6. Business Impact Information Release Form for Applicant and Spouse (B-6) – (form must be completed by the applicant and spouse)
7. Business Impact Statutory Declaration Form (B-7) – (form must be completed by the applicant)
8. Business Impact Language Deposit Agreement (B-8)
9. Business Impact Declaration of Exploratory Visit Form (B-9) – (form must be completed by the applicant)
10. Business Impact Acknowledgement of IRPA Reg 87 for Applicant (B-10) – (form must be completed by the applicant)
11. Business Impact Acknowledgement and Indemnity for Applicant (B-11) – (form must be completed by the applicant)
12. Business Impact Settlement Form (B-12)
13. Business Impact Performance Agreement – template (B-13)
14. Business Impact Escrow Agreement – template (B-14)
15. Business Impact Acknowledgement of IRPA Reg 87 for Business (B-15) – (form must be completed by the business)
16. Business Impact Acknowledgement and Indemnity for Business (B-16) – (form must be completed by the business)

Overview and Guide

• Business Impact Category Overview
• Business Impact Category Guide

CIC Application Forms

1. Generic Application Form for Canada (IMM 0008 Generic) – (form must be completed by the applicant and a photo of the applicant and each accompanying family member is required)
2. Additional Dependants Declaration Form (IMM 0008DEP) – (form is only required to be completed by the applicant if the applicant has more than 5 dependants)
3. Schedule A Background Declaration Form (IMM 5669) – form must be completed by the applicant, spouse and each dependent age 18 and over whether they are accompanying you to Canada or not)
4. Schedule 4 Economic Classes – Provincial Nominees (IMM 0008 Schedule 4) (form must be completed and signed by the applicant )
5. Schedule 4 A Economic Classes – Provincial Nominees – Business Nominees (IMM 0008 Schedule 4A) (form must be completed and signed by the applicant )
6. Statutory Declaration of Common-Law Union Form (IMM 5409E) – (form must be  completed by the applicant)
7. Additional Family Information Form (IMM – 5406) – (form must be completed by the applicant, spouse and each dependent age 18 and over whether they are accompanying you to Canada or not)
8. Use of Representative Form (IMM 5476) – (form must be completed by the applicant and representative, if applicable)