Business-PNP-BCPNP - Global Bridge Immigration

Business - PNP British Columbia

Eligible for BC PNP-Business Program

You must demonstrate that you are actively managing the business in B.C. Active management means you are accountable for the day-to-day operations of the business. Active management must occur at the place of business in B.C.
You must demonstrate that you reside within 100 kilometres of the business you operate in B.C. You must also demonstrate that you have been a resident in B.C. for at least 75 per cent of the time while on a work permit.
Have intention to live in British Columbia

Personal Requirements

In order to be eligible under the Entrepreneur Immigration stream, you must have been lawfully admitted in the country where you currently reside.
You must have at least a minimum of $600,000 in personal net worth. Your personal net worth must be legally obtained and verifiable.
You must have title to any real estate holdings and business ownership.
Tou must have a minimum of more than three years of experience as an active business owner-manager, or more than four years of experience 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
You must provide information on your highest level of education completed. To register, you must have a post-secondary credential, or as an active business owner-manager with 100 per cent ownership of the business for at least three of the past five years.

Business Requirements

The BC PNP will only consider registrations to establish or purchase and improve a business that contributes to the economic growth of the Province.
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.
Franchises may be considered as eligible businesses if you can demonstrate that the proposed franchise is well-established.

If you are invited to apply, your application must include evidence that you are eligible to purchase and operate a franchise location by the franchisor.

Eligible Personal Investment

You must demonstrate that you will make 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.
If you are proposing a key staff member, you must demonstrate that you will make an eligible personal investment of at least $400,000.
The proposed investment must be directed to one business location.

Minimum Job Creation Requirements

You must demonstrate that you will create at least one permanent, new full-time job for a Canadian citizen or permanent resident of Canada. A full-time job means a position of at least 30 hours per week on average and 1,560 hours per year, worked by one or more employees under continuous employment.
If you are proposing a key staff, you must demonstrate that you will create at least three new, permanent, full-time jobs for Canadian citizens and/or permanent residents of Canada.
If you are purchasing an existing business, you must maintain the number of jobs as described above, and create at least three new full-time equivalent positions.

Entrepreneur Immigration invitations - 2024

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