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Business Investor Immigration

Many of Canada’s provinces have their own Provincial Nominee Program (PNP). Based on the province’s economic needs, a PNP allows a province to nominate an applicant to immigrate to Canada and settle in that province.

Under various Provincial Nominee Programs, there exists many business immigration categories for individuals who are interested to start or invest in a Canadian business venture. The minimum investment and net worth requirements vary from province to province, as every business immigration program is created to suit the needs of the province.

British Columbia Entrepreneur Immigration

The BC Provincial Nominee Program (BC PNP) Entrepreneur Immigration (EI) Regional Pilot is designed to support regional communities by attracting entrepreneurs who intend to move to regional centers, establish businesses, in order to create jobs and contribute to their local economy. The key requirements  related to business under this program are:

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  • Minimum Net Worth: $600,000 CAD
  • Minimum Investment: $200,000 CAD Other features of the EI Regional Pilot:
  • Active community role – participating communities will have a key role in the process.
  • BC PNP referrals – participating communities can refer foreign entrepreneurs to the BC PNP.
  • Community concierge – participating communities can contact the program to access the services of a dedicated community concierge who can support communities with their immigration needs.

Generally, every business program requires the applicant to create a detailed business plan. The plan must explain the type of business being purchased or established, provide detailed financial projections that can demonstrate the profitable impact on the local economy and labor market.