BC PNP Entrepreneur Immigration Regional Pilot Program
About The Program
BC Entrepreneur Immigration Program Regional Pilot Stream, as the name suggests is designed for entrepreneurs to establish businesses or invest in regional communities of British Columbia.
Eligibility for BC Entrepreneur Immigration Program Regional Pilot Stream
There are multiple factors of this stream as well which will help you to evaluate your eligibility for the program
1. Personal Requirements
Personal Networth: You must have a minimum of $300,000 in personal net worth. Your personal net worth must be legally obtained and verifiable. An important step is to remember to always obtain a net worth verification report from a BC PNP-authorized accounting firm
Experience: You must have more than three years of experience as an active business owner-manager or more than four years of experience as a senior manager or a combination of at least one year of experience as an active business owner-manager and at least two years of experience as a senior manager.
Education: This is same as the base category stream. You must have a post-secondary level education, if not, you must have experience as an active business owner-manager with 100 per cent ownership of the business for at least three of the past five years.
Language: This is also same as the base category. You should have English or French language proficiency equivalent to Canadian Language Benchmark (CLB) level 4 or higher in each of the four competencies: listening, speaking, reading and writing.
• In order to qualify under the EI – Regional Pilot, you must propose to establish a new business in a participating community in British Columbia (List of communities)
• If you are invited to apply, you must submit a comprehensive business plan that provides detailed information about your proposed business in B.C.
• You must demonstrate that you will own at least 51 per cent of the business in B.C.
• You must be formally referred by a participating community
Must create at least one full-time equivalent job for a Canadian citizen or permanent resident of Canada
Registrations are scored within four weeks
Minimum amount of time to submit a final report
12 months after issuance of a work permit
Total 200 points (140 points for self-declared section; 60 points for business concept). No minimum business concept score