PNP-Immigrate as Entrepreneur-Prince Edward Island Entrepreneur
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Suppose you are interested in immigrating to Prince Edward Island and would like to invest in and run a business. In that case, you may be eligible for a nomination for permanent residency through the Work Permit Stream of the Prince Edward Island Provincial Nominee Program (PEI PNP).
This stream is for foreign nationals with business ownership or extensive management experience who want to move to PEI to start their business and eventually become permanent residents.
Am I eligible to apply For Prince Edward Island Entrepreneur program?
To be eligible for nomination through the Work Permit stream you must:
- Have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right.
- Have a minimum education of secondary school equivalent.
- Be within 21-59 years of age at the time of application.
- Have transferable management skills and past employment or business ownership experience.
- Meet minimum language requirements equivalent to a CLB/NCLC 4.
- Intend to live and work in PEI while providing day-to-day active and ongoing management of your PEI-based company.
- Attend an interview with staff from the office of immigration.
- Meet the terms and conditions of the performance agreement signed with the office of immigration.
Main Requirement to start a Prince Edward Island Entrepreneur program
You will have to acquire a license or a permit from multiple levels of the government.
you must also adhere to the conditions and obligations stated by the PEI Government which are basically related to your activity or business.
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