1 Eligibility Requirements:

 

Education:

obtained a post-secondary credential, OR, experience as an active business owner-manager for at least 3 of the last 5 years with 100% ownership in the business

Experience:

more than 3 years of experience as a business owner-manager, OR, more than 4 years of experience as a senior manager, OR, a combination of at least 1 year of experience as a business owner-manager and at least 2 years of experience as a senior manager within the last 10 years

Language Requirement:

not mandatory, language test may be requested if official language skills claimed.

Admissibility:

must be admissible to Canada and have valid status to stay or work in Canada. Cannot have unresolved refugee claim or be under a removal order.

Eligible Business:

establish a new business or purchase and improve/expand an existing business (up to $150,000 for each registrant's share) anywhere in BC. BC PNP does not pre-approve or endorse business proposals. Well-established franchises may be considered eligible business. Seasonal businesses are ineligible.

Business Proposal:

must submit a business proposal to establish a new business or purchase of an existing business in BC.

Ownership Percentage:

at least one-third (33.33%), OR, an equity investment of at least $1 million.

Net Worth:

must have at least $600,000 in personal net worth which includes the spouse/common-law partner or dependent children.

Investment:

at least $200,000 in the proposed business (at least $400,000 if including a key staff member) within 610 days of arriving in BC.

Active Management:

applicants must demonstrate their intention to actively manage the business, reside within 100 kilometres of the business, and be involved in its day-to-day operations. Must live in BC for at least 75% of the time while on a work permit.

Job creation:

must create at least one full-time equivalent job for a Canadian citizen or permanent resident of Canada within 12 months (365 days) of arrival date.

Exploratory Visit:

is not mandatory for EI - Base Category but recommended

Partner with Co-registrant:

applicant may choose to partner with another BC PNP co-registrant under one business proposal under the EI - Base Category. Co-registrant must submit registration within 30 days of the first co-registrant submitting their application.

Key Staff:

can include a key staff in the application

Registration Scores:

total 200 points (120 points for self-declared section; 80 points for business concept). Must score minimum of 32 points in business concept section

Net Worth Verification:

applicants must obtain a net worth verification report if they are invited to apply. Personal net worth must be legally obtained and verifiable.

Interview:

interview is required for approval

Final Report:

must submit the final report within 610 days after the issuance date of the work permit

 

2 EI - Base Category Scoring Overview:

EI – Base Category Scoring Overview
Scoring Sections		Points
Self-declared	Experience & Ownership	24
	Net Worth	12
	Total Personal Investment	20
	Jobs	20
	Regional District	12
	Adaptability	32
Self-declared SUBTOTAL score		120
Business concept	Commercial Viability	30
	Transferability of Skills	20
	Economic Benefits	30
Business concept SUBTOTAL score		80
Maximum Score Available		200

 

Minimum eligibility scores for certain sections:

You must meet the minimum scores in each of the following sections to be entered into the qualified pool:

Section	Minimum Score Required
Business Concept	32
Experience & Ownership	8
Net Worth	5
Total Personal Investment	8
Jobs (Created/Maintained)	8 (10 if proposing a key staff)
Eligible Personal Investment (Overall Commercial Viability)	1
Jobs Assessment (Economic Benefits)	1

 

3 Recent ITA Draw Results for Entrepreneur Immigration (EI):

ITA Date	Stream	Minimum Score Required	Number of ITAs Issued
June 13, 2019	EI - Base Category	117	20
June 13, 2019	EI - Regional Pilot	118	5
May 7, 2019	EI - Base Category	109	20
March 26, 2019	EI - Base Category	106	23
February 27, 2019	EI - Base Category	108	19
January 30, 2019	EI - Base Category	109	19

4 Application Process:

• Preparation (research and purchase a business)
• BC PNP Registration (create profile, register, wait for an ITA)
• BC PNP Application (apply, attend interview, sign performance agreement, receive a letter of confirmation)
• Work Permit (receive a 2-year work permit, arrive in BC within 365 days from the date of the letter of confirmation, submit arrival report within 60 days of arrival, build the BC business)
• Nomination (submit final report between 550 to 610 days after the issuance date of the work permit, receive a confirmation of nomination)
• Permanent Residency [apply for permanent residence within 180 days from the date of the confirmation of nomination, receive Confirmation of Permanent Residence (COPR) and PR Visa)]

5 Related Expenses:

Government Fees:

BC: BC PNP Registration: $300 ; application: $3,500;  key staff application: $1,000

Federal Government:  principal applicant: $1,040 (incl. $550 processing fee and $490 right of permanent resident fee); spouse or partner: $1,040; dependent children: $150/per child.

Biometrics Fees: Per Person: $85; Family (2 or more): $170

Other third-party fees: medical exams, police certificates, language testing, notary, translation, delivery and postage, etc.

Aladdin Immigration fees (excluding any government or third party charges)