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Business - PNP Prince Edward Island

Eligible for PEI PNP Business Impact Category - Work Permit Stream

  • You have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right.
  • You have a minimum education of high school equivalent.
  • Your age within 21-59 years old at the time of application.
  • You have transferable management skills and past employment or business-ownership experience.
  • Meet minimum language requirements equivalent to a band score of 4.0 on an IELTS test.
  • Intend to live and work in PEI and provide day-to-day active and ongoing management of your company from PEI.

Business Requirements

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

Eligible Personal Investment

  • You must demonstrate that you will make an eligible personal investment of at least $150,000.
  • You have 24 months from the date you arrive in Prince Edward Island to implement your business and meet all commitments under your performance agreement.

Minimum Job Creation Requirements

  • There is no job creation requirement, but we recommend applicants create 1-2 jobs for Canadian citizens or permanent residents.

Business Work Permit Entrepreneur Invitations - 2024

Invitation Draw

July 19, 2024

March 21, 2024

February 15, 2024

January 18, 2024

Business Work Permit Entrepreneur Invitations

2

2

1

2

Minimum Point Threshold

105

80

105

80

Business Work Permit Entrepreneur Invitations - 2023

Invitation Draw

December 21, 2023

November 16, 2023

October 19, 2023

September 21, 2023

August 17, 2023

July 20, 2023

June 15, 2023

May 18, 2023

April 20, 2023

March 16, 2023

February 16, 2023

January 19, 2023

Business Work Permit Entrepreneur Invitations

3

7

2

4

4

9

4

3

9

6

6

7

Minimum Point Threshold

92

80

80

80

102

80

82

65

72

52

70

62

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