Prince Edward Island Provencial Nominee Program_Business Impact Ctegory

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Program Summery

  • Permanent Residency allows applicants and his/her family to reside, work, and attend school in PEI
  • Speedy Provincial andnt Federal Processing
  • Applicant may apply for citizenship after 4 years

Investor Qualifications

  • Intend to settle in PEI, and to manage, invest in, or Own business in PEI
  • Be between 21 and 59 years of age
  • Have completed at least 12 years of school(completed secondary school)
  • have minimum 2 years of recent management or business ownership experience
  • Have basic proficiency in English(IELTS 4.0 or greater or French)
  • Have minimum CAD $600.000 in Net Worth(including at least $150,000 in cash)
  • Be able to document the source of funds for $600,000(it must be earned through the applicant’s own endeavors;loans and gifts cannot be used)
  • Pass a security background check and medical check

go here PEI offers a high quality of life, with excellent schools, Universities, Healthcare facilities, and recreation.PEI has some of the lowest housing prices in Canada, and also one of the lowest crime rates. it’s beautiful scenery and moderate climate attract more than 1 million visitors annually. it is the idea place to raise a family and operate a business

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Program Requirments

  • Score 50 points or more on the PEI Business ImoactSelf Assessment Form
  • Have transferable  mamagement skills and past employment in the last 5 yesrs
  • Have scored a minimum band score of IELTS 4 within the last 2 years

Pricing

  • CAD $265,000 (including the $200,000 conditionally-refundable Escrow Deposit )
  • Refund of Escrow Deposit after applicant resides in PEI for 1 year and invests $150,000 in a PEI business for 1 year
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