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British Columbia Business Immigration Program:
The BC PNP Entrepreneur Program offers qualified and eligible individuals a flagship opportunity to move to the Canadian Province of British Columbia. It allows them to bring their families and establish and operate small businesses in the region. The program is an exclusive and vital part of the British Columbia Provincial Nominee Program (BC PNP). It is best suited for experienced and enthusiastic business owners and managers. With solid financial stability and skill, they have an exclusive chance to create a successful business, job opportunities and contribute to the Canadian economy.
BC Entrepreneur Immigration Stream Requirements:
Personal Requirements -
Business, Job, & Investment Requirements -
If a candidate gets permanent residency approval in any classification, their spouse and dependent children are also eligible for permanent residency.
BC PNP Entrepreneur - Strategic Project!
The BC Entrepreneur Immigration Strategic Projects stream helps foreign-controlled companies establish eligible businesses in BC. The program requires the timely entry of foreign key managerial, professional, or technical staff who plan to become PR of Canada and settle in BC.
Is My Company Eligible?
Your company will be marked eligible only if it will –
Whether Staff Members are Eligible:
The company’s key staff must have, or be eligible for, immigration status in Canada. We will not accept applications of key staff members who:
Are prohibited from entering Canada.
Have not been lawfully admitted in the country of current residence.
They are in Canada and are out of status.
An individual whose status has expired and cannot demonstrate they have applied for restoration of status within the 90-day eligibility period will be considered out of status.
Are working in Canada without authorization.
Have an unresolved refugee claim in Canada.
Are under a removal order in or outside Canada.
Eligibility Requirements -
How does the British Columbia Investor Program Work?
After submitting the preliminary proposal, it takes the government two months to review it and schedule an interview. Then, the process takes another 2 to 3 months to complete.
After being accepted by PNP, you must sign a performance agreement and choose between standard processing or fast-track nomination. If you opt for fast-track, you need to provide a refundable deposit of $125,000 to the BC region, which will result in an instant nomination.
Becoming a permanent resident takes approximately 20 months, with a visa issued in the 5th or 6th month. You can reside in BC during the entire 20-month processing period to establish your business.
The government will send you reports to fill out every six months. If you meet the conditions of your performance agreement at the end of two years, you will get your $125,000 returned without interest.
If you don’t meet your performance agreement’s conditions, you lose $125,000 but get to keep your PR status.
You will receive a two-year work permit and must submit progress reports. If you meet the agreement conditions, your permit may be extended.
Fill out the federal form to become a permanent resident in 9-12 months. Please meet the conditions to avoid permit cancellation and departure from Canada.
Frequently Asked Questions (FAQs):
How much to invest in British Columbia to get PR?
The investment amount required to get permanent residence in British Columbia depends on the immigration stream you choose to apply:
Entrepreneur Immigration (Base Stream) - CAD 200,000
Regional Pilot - CAD 150, 000
Business Immigration (Investor stream) - CAD 500,000
Is PR easy in British Columbia?
Yes, British Columbia is one of the easiest provinces in Canada to get permanent residence (PR). The BC PNP is an economic immigration program that allows the province to nominate skilled professionals, international students, and entrepreneurs who meet specific criteria.
How much score is required for BC PNP?
The maximum score for BC PNP is 200. This score is calculated based on various factors, including age, education, work experience, language skills, and ties to British Columbia.
Skilled Worker: 104 (includes EEBC option)
International Graduate: 107
International Graduate - EEBC option: 107
Entry Level and Semi-Skilled: 85
How long does BC PNP take?
The processing time for the BC PNP can vary depending on the stream you apply to and the number of applications received. However, completing the entire process typically takes 12-18 months, from registration to receiving a provincial nomination.