BC PNP

BC PNP

6. Provincial Nomination ProgramsBC PNPEntrepreneur Immigration - Regional Pilot

BCPNP – Entrepreneur Immigration – Regional Pilot – Community Profiles – Vancouver Island/Coast

REGIONAL PILOT – COMMUNITY PROFILES – Vancouver Island/Coast
The following communities are participating in the Entrepreneur Immigration – Regional Pilot. Please be advised that each community has implemented its own unique process for arranging exploratory visits or issuing referrals to foreign entrepreneurs. This may include the implementation of administrative fees for services related to the community’s administration of the EI Regional Pilot.

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BC PNP

BC PNP: Business Immigration: strategic projects

The Strategic Projects category assists foreign-controlled companies establishing an eligible business in BC with the timely entry of foreign key managerial, professional or technical staff, up to a maximum of 5 per company, who intend to become permanent residents of Canada and settle in BC

Companies applying in this category will be required to:

Make a minimum equity investment of $500,000.
Create at least three jobs for Canadians or permanent residents in BC for each nominee applicant put forward by the company.
Demonstrate a record of good business practices and successful business operations outside of Canada that are relevant to the proposed business.
Establish or purchase and expand an eligible business anywhere in BC
Incorporate a Canadian subsidiary or register an extra-provincial company in BC to operate the proposed business.
Demonstrate that the nominee applicants are qualified senior personnel who are essential to establishing or expanding and operating the proposed business in BC
Sign a Performance Agreement with the Province of British Columbia.

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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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BC PNP

BC PNP: Business Immigration: Business SKILLS

Requirements

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

Make a personal investment of at least $400,000 CAD to establish or to purchase and expand an eligible business anywhere in BC
Create at least three new jobs in the business for Canadians or permanent residents.
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 $800,000 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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BC PNP

BC PNP: Business Immigration

The business component of the BC PNP offers accelerated immigration for investment-ready and qualified entrepreneurs ready to invest and settle in BC, and become permanent residents of Canada. The objectives of the BC PNP Business Immigration categories are to encourage economic development, promote job creation and maintain existing jobs in BC.

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