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BC Entrepreneur Regional Pilot
Summary:
The British Columbia Provincial Nominee Program (BC PNP) Entrepreneur Immigration (EI) Base Category offers a pathway for experienced entrepreneurs to establish, operate, and actively manage a business within the province. This stream is part of British Columbia’s efforts to attract investments and create jobs, thereby contributing to the province’s economic growth.
Eligibility Requirements
Personal Net Worth: Applicants must have a minimum personal net worth of $300,000, which must be legally obtained and verifiable.
Experience: Applicants need to have either over 36 months of experience as an active business owner-manager, over 48 months as a senior manager, or a combination of both (at least 12 months as a business owner-manager and 24 months as a senior manager).
Education: Applicants should have a post-secondary credential or at least 36 months of experience as an active business owner-manager with 100% ownership over the last 60 months.
Language Proficiency: Basic English or French proficiency equivalent to Canadian Language Benchmark (CLB) level 4 is required.
Investment: A minimum personal investment of $100,000 in the proposed business within British Columbia is required.
Job Creation: At least one new permanent full-time equivalent job for a Canadian citizen or permanent resident must be created in the proposed business within 14 months of arriving in B.C. on a work permit.
The Application Process
Expression of Interest: Submit an Expression of Interest (EOI) to BC PNP and receive a score.
Invitation to Apply: If successful, receive an Invitation to Apply (ITA) from BC PNP.
Application Submission: Submit a complete application to BC PNP within four months of receiving the ITA.
Assessment and Decision: BC PNP assesses the application and makes a decision.
Performance Agreement: If approved, sign a Performance Agreement with the Province of British Columbia.
Work Permit: Apply for a work permit to start the business in B.C.
Business Establishment: Establish and operate the business in B.C. according to the Performance Agreement.
Nomination: Once the business meets the criteria set in the Performance Agreement, receive a nomination from BC PNP.
Permanent Residency Application: Apply for permanent residency to Immigration, Refugees and Citizenship Canada (IRCC) using the nomination.
VIEW MORE DETAILS
Here is a breakdown of the Scoring Sections. The higher your score, the more chances of success.
Scoring Sections | Points |
---|---|
Experience & Ownership – Business owner-manager experience | 0 to 22 points |
Experience & Ownership – Senior manager work experience | 0 to 22 points |
Experience & Ownership – Additional points for 100% ownership | 2 points |
Net Worth – Personal Net Worth less than $300,000 | 0 points |
Net Worth – $300,000 to $999,999 | 2 points |
Net Worth – $1,000,000 or more | 3 points |
Total Personal Investment – Less than $100,000 | 0 points |
Total Personal Investment – $100,000 to $349,999 | 6 points |
Total Personal Investment – $350,000 to $599,999 | 8 points |
Total Personal Investment – $600,000 or more | 10 points |
Job Creation – Less than 1 job | 0 points |
Job Creation – 1 job | 10 points |
Job Creation – 2 to 4 jobs | 11 points |
Job Creation – 5 to 7 jobs | 13 points |
Job Creation – 8 jobs or more | 15 points |
Community Population – 40,000 – 75,000 | 1 point |
Community Population – 20,000 – 39,999 | 2 points |
Community Population – 15,000 – 19,999 | 3 points |
Community Population – 10,000 – 14,999 | 4 points |
Community Population – 5,000 – 9,999 | 5 points |
Community Population – Less than 5,000 | 6 points |
B.C.’s Regions – Various regions | 1 to 12 points |
Adaptability Factors – Language Proficiency | 0 to 23 points |
Adaptability Factors – Education Level | 0 to 23 points |
Adaptability Factors – Age | 0 to 16 points |
Adaptability Factors – Canadian Work Experience | 0 to 10 points |
Adaptability Factors – Family in the Community | 0 to 4 points |
Business Concept – Commercial Viability | Total 30 points |
Business Concept – Transferability of Skills | Total 15 points |
Business Concept – Economic Benefits | Total 15 points |
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I’m Rashid Ali, a Licensed Canadian Immigration Consultant, having a designation of RCIC (Regulated Canadian Immigration Consultant) from the College of Citizenship & Immigration Consultants of Canada or CICC (Previously known as ICCRC). CICC is the official regulator of immigration consultants in Canada. I’m also a member of the Canadian Association for Professional Immigration Consultants (CAPIC).