BC entrepreneur immigration program
The British Columbia Provincial Nominee Program provides an Entrepreneur Immigration stream which is open to experienced entrepreneurs who can help promote innovation and economic growth in the province.
This program consists of three streams.
- Entrepreneur Immigration Category
- Entrepreneur Immigration — Regional Pilot
- Strategic Projects Category
Entrepreneur immigration category: This stream is for entrepreneurs who wish to set up a business in the province. The invitation under this system is also points-based. The applicants must have the required funds to invest in a business. They will be eligible for PR under the entrepreneur immigration stream.
Entrepreneur immigration regional pilot stream: This is for investors wishing to start a new business in the regional communities across the province.
Strategic Projects Category: Under this category foreign based companies can set up their operations in the province. Five foreign professionals who can work for the business can be nominated for PR in the province under this scheme.
To qualify for this program, prospective entrepreneurs must make an exploratory visit to one of these small communities (must be less than 75,000 people) in order to obtain a community referral which is required in order to register with the BCPNP.
To be eligible for this program, prospective entrepreneurs must first visit one of these small communities (with a population of less than 75,000 people) to get a community reference, which is required to register with the BCPNP.
- A personal net worth of at least CAD $300,000 is required.
- Within the last five years, you must have at least three years of experience owning a business or four years of experience managing a firm.
- At least one new job for a Canadian citizen or permanent resident in BC must be created by the proposed business.
- At least 51% of the proposed venture must be owned by the applicant.
- The applicant must make a minimum investment of CAD $100,000 in the proposed business.
Apply for Tecnical Evaluation
How long will it take from the time you register to the time you are nominated?
We’ll give you a score within four to six weeks after receiving your registration after we’ve reviewed it.
You can stay in the qualified pool for up to 180 days, or six months.
If you are requested to apply, you must do so within four months of the invitation date, or 120 days.
The majority of complete applications are processed in three to four months.
What is the minimum score?
There is no minimum overall score. However, each section of the registration has a minimum qualifying score.
To continue, you must achieve the minimum score in each section.
What are the eligibility requirements to register for the program?
Individuals must meet the following requirements in order to register:
Have a basic English or French language ability of level 4 or higher on the Canadian Language Benchmark (CLB).
Have been properly admitted to the nation in which they now reside
Having a personal net worth of at least $600,000 is required. Personal net worth must be obtained in a legal and verifiable manner. The candidate is required to disclose his personal net worth
Have spent at least three years as an active business owner-manager OR four years as a senior manager OR a combination of at least one year as an active business owner-manager AND at least two years as a senior management (in the previous ten years)
Have a post-secondary degree OR have spent at least three of the previous five years as an active business owner-manager with 100% control of the company. The candidate, his or her spouse or common-law partner, and/or his or her dependent child(ren) may all hold a portion of the business
Within 610 days (approximately 20 months) of arriving in B.C. on a BC PNP-supported work permit, demonstrate an eligible personal investment of at least $200,000 in the proposed business
Demonstrate that the business will create at least one permanent, new full-time equivalent job for a Canadian citizen or permanent resident of Canada within 365 days (12 months) of the arrival date
Who can't apply for the BC PNP Entrepreneur Immigration Stream?
The BC PNP will not accept a nomination from someone who:
is prohibited from entering Canada;
has not been lawfully admitted in the country of current residence;
is in Canada but out of status;
has an expired status and has not applied for restoration of status within the 90-day eligibility period;
is in Canada but out of status;
is working in Canada without authorization;
has an unresolved refugee claim in Canada;
is under a deportation order in or outside of Canada;
is in Canada and does not have legal immigration status;
is working without authority.
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