British Columbia Provincial Nominee Program Draw for Entrepreneur Immigration stream - November 26, 2018

British Columbia Provincial Nominee Program Draw for Entrepreneur Immigration stream
The westernmost province of Canada, British Columbia has announced a new PNP category under its Entrepreneur Immigration stream. The Entrepreneur immigration stream of British Columbia Provincial Nominee Program draws faced entrepreneurs who can actively maintain businesses in the BC province. If successful under British Columbia's Immigrant Entrepreneur Stream, the candidate will be is eligible to apply for the Canadian Permanent Residence.

 What Makes Entrepreneur immigration Stream Different?

The British Columbia province has several categories for immigrant entrepreneurs coming. Each category has different application criteria and a different goal. While other Immigrant Entrepreneur methods in BC are directed at the region at large, the newly announced Regional Pilot needs new candidates to live in a specific role in BC, targeting rural and smaller communities in the BC province. It also needs a new businessman to start a business in the regional community they are living in.

The British Columbia Province Nominee Program Entrepreneur Regional Pilot program works with regional communities to fit the business requirements of the province. This category needs that candidates are able to visit all the regions and meet with a regional community representative to talk about your business strategy as part of the visa application procedure.

 How to Apply for Regional Pilot Program?

All Immigration Entrepreneur categories from Brish Columbia follows the same procedure to apply. The candidates should create an online Express Entry profile with the BC PNP, including all the details about education, work experience, possible business ideas, and language ability.

The BC PNP welcomes the highest ranking candidates to submit the visa applications for the PNP program. If they meet all the needs, new immigrant entrepreneurs can be nominated by BC PNP in Canada. The Entrepreneur regional pilot is expected to be there over 2 years and will be launched in early months of 2019. 

Entrepreneur Immigration Regional Pilot

Eligible Communities

Population of less than 75,000 and not near a large population center. Applicant must visit community and obtain a referral from the community.

Applicant Investment

Minimum $100,000

Net Worth

Minimum $300,000

Language Proficiency

Minimum CLB 4 equivalent

Applicant residency requirement

Business and residence must be within supporting community

Eligible Type of Business

 

New business start-ups only

Ownership of Business

Minimum 51%

Work Permit Period

May submit a Final Report at least 12 months after arriving on a valid work permit

Applicant Management of Business

Applicant must demonstrate active management of the business

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