British Columbia Provincial Nominee Program PNP for Business

[vc_row][vc_column][vc_column_text]British Columbia is one of Canada’s most dynamic places to do business and the province presents unique business opportunities for entrepreneurs from all over the world. If you are an experienced business person who can establish him/herself in British Columbia and invest in and operate a commercially viable business that can provide significant benefits to the economy of the province.[/vc_column_text][vc_column_text]The Selection Process

The government of British Columbia will select a maximum of 200 registrations per month and then will invite the candidates who achieve the highest scores and issue for them an Invitation to Apply (ITA). A registration is only valid for 6 months and if you don’t receive an ITA within 6 months you will need to re-apply. You cannot make changes to your online profile once we have helped you register.

Once you have been selected then you will get the chance to apply for a work permit with Citizenship and Immigration Canada (CIC) so you can come to British Columbia and be able to invest in the province. Once you have fulfilled the requirements then you will be able to apply for permanent residence in Canada through the BC PNP for business.[/vc_column_text][vc_column_text]Applying for the BC PNP for Business

BC PNP

If you want to be considered to immigrate to Canada as a business person under BC PNP Entrepreneur Program then we can help you registering a profile in an online registration system that is known as Entrepreneur Immigration Registration (EIR). Once we help you enter into the selection pool then your final registration score will be ranked along with other registrars. We have to mention that the Entrepreneur Immigration Registration is not an application to the Entrepreneur Immigration stream or a guarantee that a candidate will be invited to apply.[/vc_column_text][vc_column_text]

BC PNP Program Requirements

  • General Nomination Requirements
  • Personal Requirements
  • Business requirements
  • Minimum Investment requirements
  • Job requirements

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_tta_accordion shape=”square” color=”mulled-wine” c_icon=”outlined_rounded” active_section=”1″][vc_tta_section title=”General Nomination Requirements” tab_id=”1551553789004-088f6300-f8f5″][vc_column_text]

  • Active Management: The applicant must demonstrate that he/she is actively managing the business in British Columbia. Active management means that the applicant is responsible for the daily operations of the business. Active management must occur at the place of business in British Columbia.
  • Residency: The applicant must prove that he/she is residing within 100 kilometres of the business that he/she is planning to operate in British Columbia. He/she must also prove that he/she has been a resident in British Columbia for at least 75% of the time while he/she is in Canada under a work permit status. 

[/vc_column_text][/vc_tta_section][vc_tta_section title=”Personal Requirements” tab_id=”1552586744233-1d8c3017-6a95″][vc_column_text]

  • Eligibility: The applicant must (not) be prohibited from entering Canada OR has not been lawfully admitted in the country of his/her current residence OR is in Canada but out of status OR if his/her status in Canada has expired, and did not apply for restoration of status OR who is working in Canada without valid authorization OR has an un-resolved refugee claim in Canada OR is under a removal order in OR outside of Canada OR if he/she is in Canada and is working without authorization.
  • Personal net-worth: The applicant should have at least CAD $600,000 total assets (including cash in bank accounts, fixed deposits, assets, properties, investments … etc). The net worth should be in the candidate’s name or his/her spouse’s name or combined together and must be legally obtained and verifiable.
  • Education: The applicant must have a post-secondary education OR experience as an active (business owner/manager) with 100٪ ownership of the business for at least (3) three of the past (5) five years.
  • Business Experience: The applicant must prove that he/she has sufficient experience to establish his/her business in British Columbia. The experience should be obtained within the last 10 years. The experience should be more than (3) three years as an active business owner-manager OR More than (4) four years of experience as a senior manager; OR A combination of at least (1) one year of experience as an active (business owner-manager) and minimum of (2) two years of experience as a senior manager. Note: Work experience as a senior manager (no business ownership, or business ownership of less than 10%): If you have worked during the past 10 years for a company/organization as an active senior manager supervising at least three full-time employees and your National Occupation Classification (NOC) is Skill Type 0 or Skill Level A.

[/vc_column_text][/vc_tta_section][vc_tta_section title=”Business requirements” tab_id=”1551553789005-36a53f7c-d581″][vc_column_text]The candidate must submit a short business concept of establishing a new business, purchase of existing business, form a partnership with an existing business, and partner with a local or foreign entrepreneur to establish a new business in British Columbia. Once the candidate is accepted into the program then he/she will be required to submit a comprehensive business plan.[/vc_column_text][vc_column_text]Make an eligible personal investment of at least CAD $200,000 in the business.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Investment requirements” tab_id=”1551555115293-c9ff4375-2978″][vc_column_text]Make an eligible personal investment of at least CAD $200,000 in the proposed business within 610 days (approximately 20 months) of arriving in British Columbia.

If the applicant is proposing a key staff member, then he/she must demonstrates that he/she will make an eligible personal investment of at least CAD $400,000.

The applicant must demonstrate that he/she will own at least one-third (33.3%) of the business in British Columbia. If his/her proposed ownership is less than 33.3 %, then he/she must invest a minimum of CAD $1 million in an equity purchase.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Job Requirements” tab_id=”1551555176473-a95478de-84f9″][vc_column_text]The applicant must demonstrate that he/sh will create at least one (1) permanent, new full-time equivalent job for a Canadian citizen or permanent resident of Canada in the proposed business within 365 days (12 months) of his/her arrival date.

If the applicant is proposing a key staff, the he/she must demonstrates that he/sh will creates at least three (3) new, permanent, full-time equivalent positions for Canadian citizens and/or permanent residents of Canada.

In order to be approved for nomination, the applicant must demonstrate that he/she has consistently employed the required number of full-time equivalent jobs, continuously, for at least (6) months before submitting his/she final report.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Government Processing Fees” tab_id=”1551555763978-af88110e-c22f”][vc_column_text]Registration: CAD $300

If the candidate got accepted into the program then he/she must pay a CAD $3,500 processing fee to the province of British Columbia.

If you are proposing a key staff member, you must pay an additional $1,000 non-refundable[/vc_column_text][/vc_tta_section][vc_tta_section title=”Exploratory Visit” tab_id=”1551556043781-bcbd612d-7ac5″][vc_column_text]Although that making an exploratory visit to B.C in not a mandatory requirement to apply for this program but it is highly recommended. As a candidate, you are not advised to make any investments or financial commitments prior to signing a Performance Agreement with the BC PNP for business.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Interview in Canada” tab_id=”1552080082364-781c6b77-e66d”][vc_column_text]If the BC PNP officials requested to interview the candidate then he/she will be required to attend an (in-person) interview at the BC PNP office in Vancouver – Canada.[/vc_column_text][/vc_tta_section][vc_tta_section title=”After Approval of Application” tab_id=”1552080192309-d5a7dc2b-6ed5″][vc_column_text]If an application is approved then the BC PNP will issue a Letter of Confirmation which will enable the applicant to apply for a work permit from Citizenship and Immigration Canada so the applicant can along with his/her family to move to British Columbia and implement the business that he/she proposed in his/her business plan.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Verification of Assets” tab_id=”1552080312764-3b65315b-7623″][vc_column_text]Entrepreneurs who are invited to apply for the BC PNP will be required to use the service of an authorized accounting firm to verify their personal (net-worth) and accumulation funds as part of the nomination process of BC PNP.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Meeting the Conditions of BC PNP” tab_id=”1552080395644-a4cfb5c9-9373″][vc_column_text]The entrepreneur has to prove to the BC PNP that he/she has met the Performance Agreement conditions within the 20 months and that is by proving that he/she was:

  • Resides within 100 kilometers of the business;
  • Actively managing a business in British Columbia;
  • Physically present in British Columbia for at least 75% of the time when is he/she having work permit; and
  • Complied with any other terms and conditions of the Performance Agreement.
  • [/vc_column_text][/vc_tta_section][vc_tta_section title=”Applying for Permanent Residence” tab_id=”1552080527890-fb66b76f-66cd”][vc_column_text]Once the entrepreneur met the conditions that are set under the Performance Agreement within the 20 months then he/she can submit a Final Report to the BC PNP and once the report is approved then the BC PNP will issue for him/her a (Nomination Certificate) which will enable him/her to apply for permanent residency in Canada.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Applying for Canadian Citizenship” tab_id=”1552080633162-d337a274-eeac”][vc_column_text]The entrepreneur can apply for Canadian Citizenship after he/she become a permanent resident and physically present in Canada for at least 1,095 days during the 5 years immediately before the date of his/her application.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Ineligible Investment under BC PNP” tab_id=”1552080802478-acc4d959-1605″][vc_column_text]I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.[/vc_column_text][vc_column_text]The following are not considered eligible investments:

    • Any an immigration-linked investment scheme
    • Any business where the terms of investment include a redemption option
    • Bed and breakfasts, hobby farms and home-based businesses
    • Payday loan, cheque cashing, money changing and cash machine businesses
    • Pawnbrokers
    • 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

    The government will not accept applicants who proposed the following businesses in (Regional Districts) with a population more than 300,000:

    • Convenience stores
    • DVD rental stores
    • Gasoline service stations
    • Personal dry cleaning services 
    • Tanning salons

    [/vc_column_text][/vc_tta_section][vc_tta_section title=”Registration Scores” tab_id=”1553077972254-a2eb8edd-1f93″][vc_column_text]

    Scoring Sections Maximum Points Minimum Points
    Experience 20 8
    Ownership 4
    Net Worth 12 5
    Self-declared Total Personal Investment 20 8
    Jobs 20 8
    Regional District 12
    Adaptability 32
    Self-declared SUBTOTAL score 120 29
    Commercial Viability 30
    Business concept Transferability of Skills 20
    Economic Benefits 30
    Business concept SUBTOTAL score 80 32
    TOTAL Score Available 200 77

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