With a strategic location, competitive taxes and a multicultural workforce that is well-educated, highly-skilled and productive, British Columbia is one of Canada’s most dynamic places to do business, presenting unique opportunities for entrepreneurs.
The British Columbia Entrepreneur Immigration stream of the British Columbia Provincial Nominee Program (BC PNP) has a unique registration system, known as the Entrepreneur Immigration Registration. The registration process functions like an 'Expression of Interest Model', which means eligible candidates, who have registered, must be invited to apply before they can submit an application to the program.
Successful candidates will obtain a work permit and, if the business operation in British Columbia fulfills the requirements of the stream on an ongoing basis, they will be able to apply for permanent residence in Canada through the BC PNP. This stream provides a pathway to Canadian permanent residence for experienced businesspeople who can establish themselves in B.C. and invest in and operate a commercially viable business that can provide significant benefits to the provincial economy.
To learn more about the BC PNP Entrepreneur Immigration Stream, this page will cover the following topics:
Minimum Requirements for Candidates
- Personal net worth of at least $600,000 (including cash, assets in bank accounts, fixed deposits, real properties, investments, etc). The net worth must be legally obtained and may be under the spouse or common-law partner's name. This net worth must verifiable if invited to apply;
- Post-secondary credential or experience as an active business owner-manager with 100 percent ownership of the business for at least three of the past five years.
- Eligible experience as an active business owner/manager and/or senior manager;
- Submit a business concept that demonstrates an active and ongoing management role in the day-to-day operations of the proposed business and the creation of at least one new job in the proposed B.C. business; and
- Personal investment of CAD $200,000 in eligible expenses. If proposing a key staff member, the investment requirement increases to $400,000 and the job creation to three.
- Prepare for registration by conducting business research. International entrepreneurs are encouraged to conduct an exploratory visit to B.C. to learn about business opportunities and the local business environment.
- Individuals must register with the BC PNP by creating an online profile, paying fees and obtaining a registration score based on various factors, including business ownership/senior management experience, personal net worth, adaptability, business concept and others. Candidates will be assigned a score for the business concept within six weeks of creating a profile.
- The highest-ranked candidates are invited during periodic draws held by the BC PNP.
- If invited to apply, candidates have four months (120 days) to submit a complete application under the BC PNP Entrepreneur Immigration Stream, obtain a review of the declared personal net worth and funds, and pay the required fees. Applications are assessed based on program criteria. Applicants may be invited to attend an in-person interview in Vancouver during the application assessment stage.
- If an application is approved, international entrepreneurs sign a Performance Agreement and receive a Letter of Confirmation to apply for a two-year work permit with Immigration, Refugees and Citizenship Canada (IRCC).
- Once they arrive in B.C., international entrepreneurs have up to 20 months, or 610 days, to implement the business plan, actively manage their business, meet all the conditions of the signed Performance Agreement, and demonstrate residency within 100km of the business (for at least 75% of the work permit period).
- Between 18 and 20 months after arriving in the province, entrepreneurs must submit a final report to the BC PNP describing their business activities while on a valid work permit.
- The Government of British Columbia nominates approved entrepreneur applicants by issuing a confirmation of nomination, which enables entrepreneurs and their eligible dependent family members to apply for permanent residence with IRCC.
- IRCC may review additional information in the application to ensure that the nominee continues operation of the business and residence in B.C.
Entrepreneur Immigration Pre-Registration Process
Prior to registering, international entrepreneurs are encouraged to conduct business research, correspond with the BC PNP, and make an exploratory visit to the province. In this visit, international entrepreneurs can:
- investigate and evaluate potential business opportunities;
- conduct market research;
- make local business contacts; and/or
- learn more about what it’s like living and doing business in B.C., and gain a better understanding of our health care and education programs, housing, culture, recreation opportunities, and lifestyle.
To register to the BC PNP, individuals must create an online profile, complete all sections and include a business concept.
BC PNP Entrepreneur Immigration Registration Requirements
In order to be eligible to register, individuals must:
- must have been lawfully admitted in the country where they are currently residing;
- have at least a minimum of $600,000 in personal net worth. The personal net worth must be legally obtained and verifiable. The candidate must disclose personal net worth, including all your assets and those of your spouse or common-law partner, less any liabilities including mortgages and personal debts;
If invited to apply, individuals must obtain a verification report from BC PNP-qualified supplier. Failure to provide satisfactory evidence to verify personal net worth and source of funds may result in the refusal of an application.
- have a minimum of three or more years as an active business owner-manager OR four or more years as a senior manager OR a combination of at least one year of experience as an active business owner-manager AND at least two years of experience as a senior manager (in the past 10 years);
- have a post-secondary credential OR experience as an active business owner-manager with 100 per cent ownership of the business for at least three of the past five years. The percentage of ownership of the business may be shared between the candidate, the spouse or common-law partner, and/or his or her dependent child(ren);
If invited to apply, individuals will be required to provide evidence of their education and may be required to provide an Educational Credential Assessment (ECA).
- provide details about the business concept specific to the proposal;
If invited to apply, individuals must demonstrate the proposed business is consistent with the registration business concept and show the potential for commercial viability to show how the proposed business will be successful in B.C.
- demonstrate an eligible personal investment of at least $200,000 in the proposed business within 610 days (approximately 20 months) of arriving in B.C. on a BC PNP-supported work permit;
- demonstrate that the business will create at least one permanent, new full-time equivalent job for a Canadian citizen or permanent resident of Canada within 365 days (12 months) of the arrival date.
Business Concept Requirements
The registration must include a short business concept that will be assigned points based on proposed commercial viability, transferability of the candidate’s skills, and economic benefits. If the candidate is subsequently invited to apply, he or she will be required to submit a comprehensive business plan. The BC PNP will consider registrations to establish a new business, purchase an existing business, form a partnership with an existing business, and partner with a local or foreign entrepreneur to establish a new business.
An individual looking to franchise may be considered under this stream if the proposed franchise is well-established. The potential applicant will be required to provide an expansion/improvement plan that is in accordance with franchisor requirements.
A proposal for a seasonal business will be considered by the BC PNP only if the business operates for a minimum of eight months each year and meets all other eligibility requirements for the Entrepreneur Immigration stream.
- an immigration-linked investment scheme pursuant to Provincial Immigration Programs Regulation section 6(e) and the Immigration and Refugee Protection Regulations (IRPR) section 87(5)(b) and as defined in IRPR 87(9)
- any business where the terms of investment include a redemption option pursuant to IRPR 87(6)(d)
- bed and breakfasts, hobby farms and home-based businesses
- payday loan, cheque cashing, money changing and cash machine businesses
- scrap metal recycling
- coin-operated laundries
- automated car wash operations
- businesses selling used goods (excluding businesses that provide value-added services such as repairs, refurbishing or recycling)
- real estate development/brokerage, insurance brokerage or business brokerage
- businesses involved in producing, distributing or selling pornography or sexually explicit products or services, or providing sexually oriented services
- any other type of business that by association would tend to bring the BC PNP or the Government of British Columbia into disrepute.
- convenience stores
- DVD rental stores
- gasoline service stations
- dry cleaning services
- tanning salons
In order to register, an entrepreneur must demonstrate that he or she will make an eligible personal investment of at least $200,000 CAD in the proposed B.C. business within 610 days (nearly 20 months) of arriving in the province. If proposing a key staff member, the candidate must demonstrate that he or she will make an eligible personal investment of $400,000 CAD.
The minimum personal investment of $200,000 must be obtained from a candidate's personal net worth.
- a rationale for a key staff member in relation to the domestic labour market – that a Canadian citizen or permanent resident would not be able to perform the proposed duties; and
- that the business will create at least three new, permanent, full-time equivalent positions for Canadian citizens and/or permanent residents of Canada.
The proposed Key Staff member must:
- have worked with the candidate in a senior position for at least one year out of the last three years, and have a critical skill set for the proposed B.C. business;
- fill a job in that is classified under the National Occupational Classification (NOC) system as a Skill Type 0 or Skill Level A;
- possess a minimum of two years of post-secondary education (if education and work experience are not specifically identified in the proposed position in B.C.); and
- earn a wage equal to or greater than the median for that occupation in B.C.
If the candidate is invited to apply, the key staff member may be asked to attend an in-person interview, sign a Performance Agreement and demonstrate relevant work experience that is transferable and essential for their work in the proposed business in B.C.
In order to obtain a nomination, the key staff member must meet the terms and conditions outlined in the Performance Agreement (full-time work in the business, reside close to business, and wage) and must not hold 10 percent or more ownership of the proposed business.
- cash and working capital
- wage payments made by the candidate and your family members, if applicable
- real estate (when purchasing an existing business only the business value portion of the purchase price will be considered as an eligible expense).
The BC PNP discourages any investment or financial commitment prior to signing a Performance Agreement with the BC PNP and obtaining a valid work permit from IRCC.
An international entrepreneur may use external financing from a business partner or financial institutions. The entrepreneur must, however, identify how the financing will be obtained and how it will be applied in the proposed investment.
Job Creation Requirements
Candidates must demonstrate that they will create at least one new permanent, full-time equivalent job for a Canadian citizen or permanent resident in the proposed business within 365 days (12 months) of arriving in the province. Individuals must also demonstrate the likelihood of supporting long-term employment of Canadians or permanent residents in the business.
Candidates who propose a key staff member must demonstrate they will create at least three full-time equivalent (FTE) employees.
An FTE position must be for at least 30 hours per week (1,560 hours a year) and be fulfilled by one or more employees under continuous employment. FTEs must be Canadian citizens or permanent residents of Canada and must not be independent contractors or shareholders with more than 10 percent ownership of the business.
The candidate will be awarded points for the business concept if the positions created are classified under NOC skill levels 0, A or B and a rationale is provided for the creation of these FTE positions.
If an individual's plan is to purchase an existing business, the number of existing jobs in the business must be maintained and employee(s) must be paid a wage that is comparable to their skill level.
If later approved for a provincial nomination, individuals must demonstrate that they have consistently and continuously employed the required number of FTEs for at least six months.
BC PNP Entrepreneur Immigration Registration Scoring
A registration is not an application, but rather an expression of the candidate's interest in applying to the BC PNP Entrepreneur Immigration Stream. The program's registration scoring is based on self-declared and business concept factors. Candidates must meet the minimum scores for each factor to enter the selection pool. The total score will determine whether or not a candidate may receive an Invitation to Apply under the BC PNP Entrepreneur Immigration Stream.
The maximum score available is 200.
Self-Declared Factor 1: Experience
Entrepreneur Immigration candidates may claim points for their business ownership and/or senior management work experience.
Candidates must include details of their business/work experience for the last 10 years prior to submitting an Expression of Interest. If invited to apply, will be required to provide evidence of the reported business and/or work experience.
During registration, candidates must indicate the industry sector code(s) under the North American Industry Classification System (NAICS) and the National Occupational Classification (NOC) occupation code(s) that best relate to their experience.
The maximum score available for this section is 20. Candidates must score at least 8 points to meet the minimum requirements for this section.
|Business Owner - Manager Experience||Less than 12 months||0|
|12 to 24 months||4|
|25 to 36 months||6|
|37 to 48 months||12|
|49 to 60 months||15|
|60 months or more||20|
|Senior Manager Work Experience||Less than 24 months||0|
|24 to 48 months||4|
|49 to 60 months||8|
|60 months or more||12|
|MAXIMUM SCORE AVAILABLE||20|
Self-Declared Factor 2: Ownership
Candidates will be awarded an additional 4 points if they have held 100 percent ownership of the proposed business for at least three of the most recent five years. The 100 percent ownership of the business may be shared between the applicant, his or her spouse or common-law partner, and/or dependent child(ren).
Self-Declared Factor 3: Net Worth Factor
Candidates can obtain points for their total net worth including that of their spouse or common-law partner, if applicable. When submitting a registration, potential applicants must have at least a minimum of $600,000 in personal net worth.
The maximum score available for personal net worth is 12. Candidates must score at least 5 points under is factor.
|Personal Net Worth||Points|
|Total current assets (cash and liquid funds)||Less than $50,000||0|
|$50,000 to $199,999||2|
|$200,000 to $399,999||3|
|$400,000 or more||4|
|Total personal net worth||Less than $600,000||0|
|$600,000 to $799,999||5|
|$800,000 to $1,999,999||6|
|$2,000,000 to $4,999,999||7|
|$5,000,000 or more||8|
|MAXIMUM SCORE AVAILABLE||12|
Self-Declared Factor 4: Total Personal Investment
Candidates may obtain points based on their proposed total personal investment for the business. A proposed business-related investment must be completed within 610 days (approximately 20 months) of arriving in B.C. on a BC PNP-supported work permit. If a candidate is proposing a partnership with a co-registrant, he or she must include the names of each partner with the registration.
The maximum score available for this section is 20. Candidates must score at least 8 points, or 10 points if they are proposing a Key Staff Member, to meet the minimum requirement for this section.
|Eligible Personal Investment||Points|
|Less than $200,000||0|
|$200,000 to $399,999||8|
|$400,000 to $599,999||10|
|$600,000 to $999,999||11|
|$1,000,000 to $1,999,999||12|
|$2,000,000 to $3,999,999||14|
|$4,000,000 to $7,999,999||16|
|$8,000,000 or more||20|
|MAXIMUM SCORE AVAILABLE||20|
Self-Declared Factor 5: Jobs Created / Maintained
Candidates will receive points based on their proposed job creation, and job maintenance if they are purchasing an existing business. The proposed job creation must take place within 365 days (12 months) of an applicant's arrival to the province.
For the proposed business, candidates must identify the number of FTE positions that will be created and maintained. The maximum score available for this section is 20. Candidates must score at least 8 points, or 10 points if they are proposing a Key Staff Member, to meet the minimum requirements for this factor. In addition, candidates will not qualify if they do not create at least one FTE. If proposing a Key Staff Member, candidates must create a minimum of three FTEs.
|Number of FTE Job Positions Created and Maintained||Points|
|Less than 1||0|
|20 or more||20|
|MAXIMUM SCORE AVAILABLE||20|
Self-Declared Factor 6: Regional District
Candidates are awarded points for the location of the proposed business based on the population sizes of B.C.’s Regional Districts. If invited to apply, the entrepreneur is required to work at the primary place of business in the proposed regional district.
|Population of BC Regional District||Points|
|500,000 people or more||0|
|200,000 to 499,999||1|
|100,000 to 199,999||3|
|70,000 to 99,999||6|
|60,000 to 69,999||8|
|35,000 to 59,999||10|
|Fewer than 35,000 people||12|
|MAXIMUM SCORE AVAILABLE||12|
|Population of BC Regional District||Population*||Points|
|MAXIMUM SCORE AVAILABLE||12|
*The data provided is based on 2016 Sub-Provincial Population Estimates.
Self-Declared Factor 7: Adaptability
Candidates will receive points based on their self-declared adaptability factors. While these factors are not mandatory requirements of the BC PNP, they are indicators to support the international entrepreneur's ability establish themselves in B.C.
Evidence of language proficiency, such as copies of test scores or certificates, are not required when candidates register to the Entrepreneur Immigration Stream. However, if invited to apply, entrepreneurs may be required to provide evidence of their language proficiency and education, such as an ECA. The BC PNP will assign candidates points for work experience accumulated within the last 10 years prior to applying.
The maximum score available for this section is 32. There is no minimum required score for adaptability.
|English language proficiency||None or minimal, similar to CLB 3 and below||0|
|Basic understanding, similar to CLB 4||2|
|Intermediate and advanced, similar to CLB 5 and above||4|
|Education level||Secondary or less||0*|
|Diploma / certificate (non-trades)|
|Diploma / certificate (trades)|
|Bachelor’s degree or Post-graduate diploma/certificate||5|
|Master’s degree or Doctorate / PhD||8|
|Age||Less than 20||0|
|25 – 34||4|
|35 - 44||8|
|45 – 54||6|
|55 – 64||4|
|65 or older||0|
|Business exploratory visits to British Columbia||No, or visited B.C. more than 3 years ago||0|
|Yes, visited B.C. 1 – 3 years ago||1|
|Yes, visited B.C. less than 1 year ago, but did not visit the Regional District of the proposed business||2|
|Yes, visited the Regional District of the proposed business less than 1 year ago||4|
from within Canada for at least 12 months
|MAXIMUM SCORE AVAILABLE||32|
Business Concept Scoring
The proposed Business Concept will be evaluated by the BC PNP and must include an overview of the following:
- description of the business model and its operations: what will the business do and how will it do it?
- description of the types of goods and/or services the business will provide
- proposed job title and duties, and how candidate's qualifications relate to the proposed business
- description of how the business will be commercially viable: what is the market entry strategy?
- description and rationale for staffing requirements
Additionally, candidates planning to purchase an existing business, whether wholly or partially, must:
- identify and describe the business, including staffing;
- summarize the company’s financial performance, with approximate annual revenue, net profit, and total wages paid from the past three years;
- comment on business history and financial health;
- explain how they established the value of the business; and
- provide a description and rationale of the expansion plan.
In the business concept section, candidates will also be required to indicate whether you are proposing any of the following:
- franchise business
- partnership with a local partner(s)
- partnership with BC PNP co-registrant(s)
- a foreign key staff member
General market research or statistics should not be included in the Business Concept. Candidates' registration will be disqualified if they propose an ineligible business.
A candidate must score at least 32 points overall for their Business Concept. The Business Concept will be evaluated based on the following factors.
|Transferability of skills||20|
|MAXIMUM AVAILABLE SCORE||80|
Business Concept Factor 1: Commercial Viability
The BC PNP assesses the commercial viability of an applicant's business concept based on the following factors. Under Commercial Viability, the BC PNP examines a business's ability to compete effectively, make a profit and contribute to the economic growth of the province. The maximum score available is 30.
|Commercial Viability Factor||Points|
Market & products/services
|Eligible personal investment||4|
Assessment of proposed personal investment
MAXIMUM SCORE AVAILABLE
Learn more about how the BC PNP evaluates the Commercial Viability of a business by expanding the factors below.
An entrepreneur who intends to purchase an existing business, including partnerships, must:
- identify how he or she intends to improve, upgrade and/or expand the business by providing new employment, investing, introducing new products and/or services, etc; and
- demonstrate that the existing business is profitable by providing proof that the business can sustain additional expenses, investments, generate profit and hire more employees.
The BC PNP will determine whether or not a business model is unsatisfactory/unclear, fair or good and assign an applicant a maximum score of 10 based on the following criteria:
1) An unsatisfactory/unclear business model (1 point) will be determined if any of the following are identified:
- business model does not clearly identify and/or describe the business operation from start to finish
- business model does not clearly identify the products and/or services being offered
- proposed scale of business is not consistent with industry/regional norm
- business concept does not provide details of the business candidate's proposed role
- business concept does not provide substantive information on local business partner and/or co-applicant and/or key staff (if applicable)
- proposed key staff is ineligible and/or the co-registrants do not demonstrate a prior working/business relationship
- If purchase of existing business: the proposed expansion plan does not effectively address a plan to upgrade/improve or expand the existing business, or is ineligible
- If purchase of existing business: the proposed expansion plan relies primarily upon unsubstantiated investment and/or job creation and appears to be inconsistent with industry/regional norms
2) A fair business model (5 points) will be determined if all of the following are met:
- business model is clearly identified and describes the business operation from start to finish
- business model clearly identifies the products and/or services being offered
- proposed scale of business is consistent with industry/regional norms
- business concept provides substantive information on local business partner and/or co-applicant and/or key staff (if applicable)
3) A good business model (10 points) will be determined if, in addition to core requirements for fair, the business concept also meets at least three of the following factors:
- proposed investment and jobs plan is consistent with the business model (must score 6 points for assessment of investment and score 6 points for jobs assessment)
- business model identifies a clear strategy to become commercially viable
- business model’s operational plan is internally consistent
- applicant’s proposed duties with the business are consistent with the entrepreneur candidate's experience
The candidate must demonstrate at least 1 of 4 critical factors, which are consistent with the Business Model:
1) Competitive edge: the product/service offers distinction from its potential competitors. If local competitors offer the same or similar product/service, then it does not offer a substantive distinction.
2) High-value: the proposed product/service will be a specialized product/service that is differentiated from generic, mid to low-value products/services.
3) New product/service: the product/service is “new to the market” or “new to the world”. The business concept should demonstrate that the product/service is not locally available.
4) Competitive analysis/market entry strategy: business concept provides a competitive analysis that identifies current/potential competitors, how to make the product/service unique or distinguishable, how to attract the target market, strengths and weaknesses of current and potential competitors, and how the proposed business’s competitive advantage and how it will effectively enter the market.
Candidates proposing an existing business will be disqualified if their personal investment is less than $50,000.
Points for a proposed personal investment is based on the following:
|Eligible Personal Investment||Points|
|Less than $200,000 or less than $50,000 of eligible expansion investments||0*|
|$200,000 to $399,999||1|
|$400,000 to $599,999||2**|
|$600,000 to $799,999||3|
|$800,000 or more||4|
|MAXIMUM SCORE AVAILABLE||4|
When assessing the proposed investment, the BC PNP will consider the following:
|Investment proposal does not correspond to the type or scale of the business||0|
|Investment proposal corresponds to the type and scale of the business||4|
|Investment proposal corresponds to the type and scale of the business, the market, the proposed products and/or services,the business model, and the industry standard.||6|
|MAXIMUM SCORE AVAILABLE||6|
More than 50% and less than 100 %
33 1/3% to 50%
Less than 33 1/3% ownership*
MAXIMUM SCORE AVAILABLE
* If a candidate's ownership is less than 33 1/3 per cent, a minimum investment of $1 million must be made in order to not be disqualified.
The BC PNP awards candidates a maximum of 2 points if they can demonstrate the ability to address any potential risk factors of the proposed business. The following are risk factors that could result in the 2-point deduction:
- proposing external financing or
- proposing to invest more than 50% of Personal Net Worth or
- proposing to partner with a co-registrant.
Transferability of Skills Factor
The BC PNP will assign candidates points for their transferable skills, which are skills that demonstrate the similarity between the occupation and industry where a candidate obtained business/work experience to that of their proposed business in B.C. Once a candidate is invited to apply, the BC PNP will assess those skills once an application is received.
For business and/or work experience points, the candidate must have worked as an active owner-manager in a similar business or as a senior manager in a similar position within the past 10 years before applying.
|Transferability of Skills||Points|
|Business experience only|| |
12+ months of experience in an unrelated industry
12 months or less of direct experience or 12 to 36 months of related experience
13 to 24 months of direct experience or 37+ months of related experience
13 to 24 months of direct experience and 37+ months of related experience
25 to 36 months of direct experience
25 to 36 months of direct experience and 37+ months of related experience
37 to 60 months of direct experience
37 to 60 months of direct experience and 37+ months of related experience
More than 60 months of direct experience
Maximum Score Available
|Work experience only||12+ months of experience in an unrelated industry||2|
|12 months or less of direct experience or 12 to 36 months of related experience||4|
|13 to 36 months of direct experience or 37+ months of related experience||6|
|13 to 36 months of direct experience and 37+ months of related experience 8||8|
|37 to 60 months of direct experience||10|
|37 to 60 months of direct experience and 37+ months of related experience||12|
|More than 60 months of direct experience||14|
|Maximum Score Available||14|
|Language ability||Minimal to none (Similar to CLB 3 or below)||0|
|Basic language proficiency (Similar to CLB 4)||1|
|Intermediate or above language proficiency (Similar to CLB 5 or above)||2|
|Maximum Score Available||2|
Business Concept Factor 3: Economic Benefits
Candidates are awarded up to 30 points for the proposed business's potential to contribute to B.C's economic growth. If invited to apply, candidates will be required to provide proof of the proposed Economic Benefit factors. The Economic Benefit points are based on the following:
|Overall Economic Benefits Points||Points|
|Key Sector & Significant Economic Benefit||12|
|High-skilled jobs (NOC 0, A or B)||4|
Candidates will be awarded 3 points for this Economic Benefits Factor even if no key sectors or significant economic benefits have been identified. Entrepreneur candidates are awarded 8 points if they provide evidence of at least 1 key sector or significant economic benefit. If candidates can provide evidence of at least 1 key sector and 1 significant economic benefit, they can obtain 12 points towards their overall Economic Benefits points.
The following Key Sectors are eligible for additional points:
- Agrifoods: food production and food processing
- Technology and Green Economy
- International Education: proposed accredited educational institutions that offer educational programs in B.C. to foreign students
- Biomedical: includes research and development, manufacturing, etc.
- Mining & Energy or Natural Gas Sector
- Destination Tourism: businesses that target tourists directly where its products/services are the tourist attractions rather than businesses that offer spin-off activities from the tourism industry
- Value-Added Manufacturing: for businesses the offer high-value added manufacturing – not basic or simple assembly of foreign-made products
- Aboriginal Peoples and First Nations: partnering with or receiving support from First Nations communities for businesses that affect the First Nation community, and/or largely benefit First Nations communities
Other significant economic benefits that the proposed business may demonstrate:
- Adopting new technology: the new technology must not already be in regular use in similar business
- Developing new products & services
- Developing innovative approaches to traditional businesses: innovative approaches are considered high-value (technology-based) and not already in regular use by similar businesses
- Increasing exports: primary businesses that will/may increase exports. This does not include businesses that facilitate exports/trade such as trading companies or agencies
- Increasing research and development, and technology commercialization
- Providing products or services to an under-served local or regional market
- Transferring technology and specialized knowledge to B.C.: facilitates and/or supports the high technology industry, and/or provides opportunities to develop technology products/services in B.C.
|The business concept does not support the creation of at least 1 FTE* position, or, if proposing a key staff, the creation of at least 3 FTE positions||0**|
|Jobs plan does not correspond to the type and scale of the business||1|
|Jobs plan corresponds to the type and scale of the business||6|
MAXIMUM SCORE AVAILABLE
*An FTE is a position of at least 30 hours per week on average and 1,560 hours per year, filled by 1+ employees under continuous employment. Employees must be Canadian citizens or permanent residents of Canada.
**A candidate who obtains 0 points for Job Assessment will be disqualified.
When assessing jobs plans, the BC PNP may award points to candidates proposing to create or maintain high-skilled occupations (NOC 0, A or B). If the business concept does not include high-skilled positions, the candidate will not receive any points under this factor. The creation or maintenance of 1 high-skilled position awards applicants 2 points and 2 or more positions result in the maximum available score of 4 points for this Economic Benefits factor.
The BC PNP will take the following considerations when evaluating the proposed jobs plan:
- The jobs plan provides insufficient or incomplete information where the BC PNP cannot determine whether the business concept supports the creation of the minimum FTE requirement. Or, the jobs plan only proposes the creation of occupations that are typically contracted out or do not meet the minimum 30 hours per week (or 1,560 hours per year).
- The proposed job creation plan is not substantiated or appears overstated and/or unreasonable based on the type and scale of the business (and expansion plan, if applicable), and/or industry norms. If purchasing an existing business, the job creation plan is inconsistent with the proposed expansion plan and/or historical financial information.
- The jobs plan appears consistent with the business model and corresponds to the type and scale of the business. Satisfactory information provided.
- The NOC code and whether it corresponds to the job title and proposed duties.
- The proposed occupations are substantiated and are typically employed as full-time positions within the same industry and/or business scale.
- The proposed wages appear to be consistent with industry norms (for this stage of the business life cycle).
|Development Region of B.C.||Points|
|Lower Mainland / Southwest||2|
|Vancouver Island and Coast||4|
|Thompson / Okanagan||4|
|MAXIMUM SCORE AVAILABLE||8|
Final Scoring and the Selection Pool
The BC PNP will assign scores to the Business Concept and calculate the candidate's final score.
If the candidate qualifies for the selection pool, he or she will receive an email confirmation from the BC PNP and be able to view their final registration score, including scores for each section.
- Registrations that meet the minimum points total in every section will be entered into the selection pool.
- Registrations that qualify for the selection pool are valid for 180 days (approximately six months).
- If a candidate is not invited to apply to the BC PNP within six months of qualifying, the registration will expire. At that time, he or she may submit a new registration to the BC PNP.
- Candidates may only have one active BC PNP registration at any given time.
- If the candidate is proposing a partnership with a co-registrant, the total score of the lowest-scoring candidate(s) will be applied to all co-registrants.
If a candidate has entered into the selection pool, his or her final registration score will be ranked along with other candidates. Periodically, the BC PNP will invite the highest-ranked candidates to apply to the Entrepreneur Immigration Stream.
The Invitation to Apply
Meeting the minimum eligibility requirements does not guarantee that a candidate will be invited to submit a complete application.
If a candidate is invited to apply, he or she will receive an email notification and will have up to 120 days (approximately four months) from the date of invitation to submit a complete application.
At this stage, the applicant must pay a $3,500 CAD non-refundable processing fee to the province and submit a complete application package. An applicant's spouse, common-law partner and/or dependent children are included in the application fee.
The BC PNP may invite the applicant to attend an in-person interview at the BC PNP office in Vancouver. Interviews are conducted in English only. If an applicant is unable to communicate in English, he or she must obtain the services of a certified court interpreter. This is to ensure the applicant will be able to clearly communicate to BC PNP program staff.
Applicants who are invited to apply will need to engage a qualified supplier to verify their personal net worth and accumulation of funds as part of the nomination process.
- type of business and location
- investment amounts and timelines
- the number and type of positions to be created for Canadian citizens or permanent residents
- active management requirement
- residency requirements
- timeframes within which you must meet these requirements
The key staff member's Performance Agreement includes:
- the employer and business location
- occupation and related NOC code
- full-time employment (minimum 30 hours per week, or 1,560 hours per year)
- residency requirements
- timeframes within which you must meet these requirements.
Work Permit Period and Business Establishment
If an application is approved, the BC PNP will issue a Letter of Confirmation to the applicant. The Letter of Confirmation serves as a work permit support letter that allows approved applicants to obtain a two-year work permit from IRCC. This allows the applicant and his or her dependents to move to B.C. to start implementing the business plan. The letter remains valid for 90 days (approximately three months).
Within 60 days of arriving in B.C. with the valid work permit, the entrepreneur must submit an arrival report to the BC PNP. The arrival report must include basic information about updated contact information in B.C., the work permit, and whether the requisite funds were transferred into a financial institution in B.C.
The international entrepreneur will have up to 610 days (approximately 20 months) to implement the business plan, actively manage your business, and satisfy the conditions of the signed Performance Agreement.
If the applicants meet the requirements of the Performance Agreement within the 20 months, the BC PNP will nominate him or her for permanent residence. An applicant, along with his or her dependent family members, can then apply for Canadian permanent residence under the BC PNP with IRCC.
Once the entrepreneur completes the terms of the Performance Agreement, he or she can submit a Final Report to the BC PNP to be issued a nomination certificate. The entrepreneur must demonstrate that he or she:
- is actively managing a business (i.e., be accountable for the day-to-day operations of the business) in British Columbia;
- resides within 100 kilometers of the business;
- has been physically present in BC for at least 75 percent of the time that he or she was on a work permit; and
- has complied with any other terms of the Performance Agreement.
Who is not eligible to apply to the BC PNP Entrepreneur Immigration Stream
The BC PNP will not nominate an individual who:
- is prohibited from entering Canada;
- has not been lawfully admitted in the country of current residence;
- is in Canada and is out of status;
- has an expired status, and who has not applied for restoration of status within the 90-day eligibility period, will be considered out of status;
- is working in Canada without authorization;
- has an unresolved refugee claim in Canada;
- is under a removal order in or outside of Canada; and/or
- are in Canada and do not have valid immigration status, or if you are working without authorization.