Business - PNP/BCPNP

Eligible for BCPNP-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.