BC PNP Entrepreneur Immigration
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The BC Provincial Nominee Program (BC PNP) Entrepreneur Immigration – Regional Pilot (EI – Regional Pilot) is focused on attracting entrepreneurs from around the world to establish businesses in regional communities.
This will help meet the communities’ economic development needs and encourage investments outside urban areas.
Why An Entrepreneur Immigration - Regional Pilot?
As each community has the best knowledge of their local business environment, they are perfectly situated to identify economic development priorities and support services that give foreign entrepreneurs a good start in their journey to building successful businesses and growing the local economy.
The criteria targets eligible entrepreneurs wishing to grow a business in a regional BC community (under populations of 75,000). Applicants must:
- conduct an exploratory community visit;
- have a minimum of $200,000 CAD in eligible business investments;
- have a minimum personal net worth of $600,000;
- have a minimum of 51% ownership in the business; and
- create at least one new job in the local community.
As part of the exploratory visit, international entrepreneurs must present their business idea to the community’s designated contact person. The contact person will prepare a referral form for submission as part of the applicant’s BC PNP registration.
The BC PNP Entrepreneur stream provides a wonderful opportunity for international business people and their families to enjoy the best that Canada has to offer, both from a business perspective and in quality of life. This immigration options may prove particularly attractive to potential applicants who may not necessarily be eligible under one of the skilled worker immigration programs, either at the federal or provincial level.