Prince Edwards Island Nominee Program

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 Prince Edwards Island Nominee Program

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Canadian Provincial Entrepreneurial Immigration

If you want to relocate to Prince Edward Island permanently, you can apply for nomination to the federal government through the PEI Provincial Nominee Program (PNP). Applicants are chosen for nomination depending on their desire to live and work on PEI, as well as their financial ability to do so. Entrepreneurs and people eligible to work in sectors where skill gaps have been recognized in the PEI labor market will be given precedence at this time.

Summary

  • Work permits valid for at least 12 months prior to the application for Permanent Residency.
  • Can purchase an existing company or start one from scratch.
  • An interview is required.

Baseline Requirements for Eligibility

Pros

Cons

  • IELTS is a must.
  • The maximum age restriction is 59 years old.
  • Net value of all assets between husband and wife must be at least CAD$600,000.
  • A minimum investment of CAD$150,000 is required.
  • Owning at least 33% of a new or existing firm in Canada.
  • The new company must hire at least one Canadian.
  • Run and manage the business in Canada. A minimum of 80% presence in Canada is required.
    • There is little contention for selection.
    • Assets in the home country are not subject to third-party scrutiny.
    • There are no educational prerequisites.
    • Low living costs.
    • After 12 months, you will be nominated for permanent residency.
    • IELTS/TEF is required.
    • An exploration trip is required.
    • The city/region is really very small

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