BC PNP Entrepreneur Immigration

The British Columbia PNP Entrepreneur (Base Category) pathway is for those seeking Canadian permanent residency through the investment and active management of a valid B.C.-based business. 

 

If you are invited to apply and successful in your application, you will first be issued a twenty-four (24) month Work Permit. This will allow you to implement your business plan, make the investment and create jobs.

 

MINIMUM REQUIREMENTS

To be eligible, you MUST meet ALL the following criteria.

 

1. INVESTMENT CRITERIA

The investment must meet a number of relevant criteria to be considered eligible for this immigration pathway.

 

Investment Requirements Overview
Investment and Ownership
  • Make an eligible personal investment of at least CAD $200,000 in an eligible business.
  • The investment must result ownership of at least one-third (33.33%) equity of the business.
OR
  • If the investment will result in ownership of less than one-third (33.33%) equity of the business, the equity of the investment must be increased to at least CAD $1,000,000 ($1 million).
Active Management
  • Demonstrate intent to and subsequently actively manage the day-to-day operations of the business.
Location
  • Anywhere in British Columbia.
Job Creation
  • Must create at least one full-time equivalent job for a Canadian citizen or permanent resident of Canada.
Partnership
  • Allowed to partner with a co-registrant.
  • Allowed to partner with a local business or local individual.
Include Key Staff
  • YES,
  • One (1) if expertise is essential to success of the proposed business.
Timing
  • The investment must be made within 610 days of arriving in British Columbia.

If you intend to invest more than the minimum requirements, then you may use external funds from a business partner or financial institution.

 

If you intend to propose key staff as a related applicant then a number of additional requirements will apply, such as the minimum value of the investment will increase.

 

2. PRIOR BUSINESS MANAGEMENT EXPERIENCE

Have within the ten (10) years before your application at least 

LevelExperienceOwnership 
Business owner-operatorthree (3) or more years of cumulative work experience as a active business owner involved in the day-to-day operationsAt least 10% of the businessOR
Senior Manager

four (4) or more years of active work experience as a senior manager at Skill Level 0 or A

Supervised at least three (3) full-time employees

No ownership; or Less than 10%OR
Mixeda combination of at least one (1) or more years of experience as an active business owner and operator AND two (2) or more years experience as an active senior manager.see above 

 

To be considered an active owner-manager or a senior manager, you are personally involved in the day-to-day operations and have direct involvement in decision-making.

 

This means you are the person primarily responsible for:

  • managing the organization, a department, subdivision, or component of the organization; or an essential function within the organization;
  • supervising and controlling the work of other managers or supervisors or professional employees;
  • have the authority to hire and fire, or recommend these and other personnel actions, such as promotion and leave authorization;
  • exercise discretion over the day-to-day operations of the activity or function for which the employee has delegated authority.

 

3. NET WORTH

Have a verified net worth of at least $600,000 CAD.

 

Your net worth must be verified independently if you are invited to apply for permanent residency.

 

4. EDUCATION

Have a valid post-secondary education credential from a Canadian or foreign educational institution OR sufficient time as a business owner-operator.

 

LocaleEducation
Canada
  • Certificate, diploma or degree from a Canadian post-secondary institution (college or university).
Foreign
  • Completed post-secondary credential (a certificate, diploma, or degree) from a recognized educational or training institution; AND
  • An Educational Credential Assessment (ECA) report performed by an independent designated company that evaluates your foreign education credential. This report is used to make sure that your foreign degree, diploma, certificate (or other proof of your credential) is valid and equal to a Canadian one.
Business Management Experience in-lieu of education
Business Owner-Operator 
  • 36 months of cumulative business owner-manager experience within the last 60 months prior to application; AND
  • 100% ownership of the business.

 

5. OFFICIAL LANGUAGE LEVEL

Valid language test results are not required for this category. However, you can earn points for self-declaring your official language proficiency.

 

BC PNP may ask to verify any official language abilities you claim. 

 

6. BUSINESS PREPAREDNESS

Must submit a business proposal to establish a new business or to purchase an existing B.C.-based business.

 

No exploratory visit is required.

 

7. ADDITIONAL INFORMATION 

If your application is approved, you will be required to sign a Performance Agreement with the Province of British Columbia. This is a legal document which outlines the terms and conditions you must meet in order to be eligible for nomination for permanent residency.

 

You will then be issued a letter of confirmation, valid for 90 days, which will allow you to apply for a Work Permit for a 24 month duration. You require the Work Permit to come to British Columbia in order to implement your business plan, invest in your business and begin operations. 

 

You must arrive in British Columbia within 365 days from the date of your letter of confirmation.

 

Once you arrive, you have 610 days to begin implementation of your business plan and satisfy the terms and conditions of your Performance Agreement.

 

You must submit a final report on your investment 18 months (550 days) to 20 months (610 days) after you receive you Work Permit. This report will be used to support your nomination for permanent residency.

 

8. WHERE YOU CAN LIVE IN CANADA

Plan to live in British Columbia. For you to qualify for a provincial nominee program you must reside in the province that nominates you.

 

You must reside within 100 kilometres of the business at the time you submit your final investment report.

 

Furthermore, you must demonstrate you were physically present in British Columbia for at least 75% of the time while on a Work Permit.

 

9. ADMISSIBILITY

Be admissible to Canada. You and your family members must not be inadmissible to Canada for security, criminal or medical reasons. 


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