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BCPNP – Business Immigration

 

Introduction

If you are an entrepreneur ready to invest in and actively manage a business in the province, you may be eligible for the BC Provincial Nominee Program’s (PNP) Business Immigration stream. This stream accelerates the permanent residence application process for individuals who can establish themselves in B.C. and develop a business that will provide significant economic benefits to the province. To qualify, you must meet specific personal net worth thresholds, make a minimum investment in an eligible business, be actively involved in the daily management of the business, and create one or more new jobs for Canadian citizens or permanent residents. Please note that meeting the minimum eligibility requirements does not guarantee approval.

Apply to the PNP as a business immigrant in one of Three Categories

  • Entrepreneur Category
  • Regional Entrepreneur
  • Strategic Projects

Eligible Business

The business must:

  • Be operated      for the primary purpose of earning profits by providing products and/or      services.
  • Have strong      potential for sustained commercial success.
  • Have the      potential to create significant economic benefits for British Columbia,      such as by:
    • increasing       value-added manufacturing or processing, exports, destination tourism,       R&D and technology commercialization,
    • developing       innovative approaches to traditional businesses,
    • transferring       technology and specialized knowledge to B.C.,
    • providing       products or services to an under-served local or regional market, or
    • Enabling       the purchase of an existing B.C. business.

In addition, the PNP will only consider the purchase of an existing franchise as an eligible business if it includes an expansion plan that is consistent with franchisor requirements.

 

 

 

 

 

BC PNP-Business Immigration Category

                Category

Requirement

 

Entrepreneur   Category

 

Regional   Entrepreneur

 

Strategic   Projects

(foreign-controlled companies)

Minimum   Investment Amount (CAD)

$ 400,000.00

$ 200,000.00

$ 500,000.00

Minimum   Personal Net Worth Amount (CAD)

$ 800,000.00

$ 400,000.00

N/A

Investment   Areas

Anywhere in BC

Outside of the Vancouver and Abbotsford metropolitan areas

Anywhere in BC

Immigration Procedures

  • Document Preparation
  • Submit application forms
  • Interview
  • Sing a performance agreement
  • Get Work Permit
  • Implement your business plan
  • Get Nomination Certificate
  • Submit PR application forms
  • Get PR card

 

Reference from: http://www.welcomebc.ca/Immigrate/About-the-BC-PNP/Investing-in-B-C.aspx

For detail please see:

BCPNP-BUSINESS IMMIGRATION

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