The Province of Prince Edward Island has announced changes to the Business Impact Category of the Provincial Nominee Program. After September 20, 2018 the province will only invite entrepreneurs selected candidates through the Work Permit stream as the 100% Ownership and Partial Ownership streams will close. All candidates will continue to be invited through the Expression of Interest system and the draw schedule will remain unchanged.
If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, 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 would like to move to PEI to start their business, and eventually become a permanent resident.
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; and
• 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.
An Expression of Interest is not an application, but an indication of your interest in being considered to apply to the PEI PNP Business Impact Category. The Office reserves the right to limit intake or make exclusions from Expressions of Interest draws.
Information provided in the Expression of Interest Profile must be valid and verifiable. The Office of Immigration will compare information provided in application with the Expression of Interest Profile, if there is a discrepancy it may affect your ability to apply. Files that have been determined to contain misrepresentations may be ineligible to apply to the Office of Immigration for 2 years.