Canada Immigration – BC
3. Entrepreneur Immigration
This stream is for business people with significant financial resources who want to operate a business in British Columbia.
To qualify you need at a minimum:
- Personal net worth CAD $600,000
- Previous business management experience: 3+ years as an active business owner-manager; or 4+ years as a senior manager; or a combination of at least 1 year as an owner and at least 2 years as a senior manager
- Min education requires a post-secondary credential or 3 years out of past 5 years as active business owner
And you must be willing/able to do the following:
- Establish a new business or purchase an existing business in BC (min 33 1/3 % ownership)
- Invest at least CAD $200,000 into the business
- Actively manage the business while living in BC
- Create at least one new full-time job for a Canadian resident
Application fees: CAD $300 registration, $3500 application fee, $1000 for each key staff application
Entrepreneur Immigration Regional Pilot
The Regional Pilot stream is for experienced business people who would like to start a new business in a smaller community in BC (population less than 75,000). Both the net worth and required investment are lower than the regular Entrepreneur stream.
To qualify you need at a minimum:
- personal net worth CAD $300,000
- community sponsorship – you must visit the community in BC where you plan to start your business and secure their recommendation of your plan
- min CLB 4 on official language test
- previous business management experience: 3+ years as an active business owner-manager; or 4+ years as a senior manager; or a combination of at least 1 year as an owner and at least 2 years as a senior manager
- min education requires a post-secondary credential or 3 years out of past 5 years as active business owner (100% owner)
And you must be willing/able to do the following:
- establish a new business in a BC community with fewer than 75,000 people (min 51 % ownership)
- invest at least CAD $100,000 into the business
- actively manage the business while living in the community
- create at least one new full-time job for a Canadian resident
Application fees: CAD $300 registration, $3500 application fee, $1000 for each key staff application
The BC Tech pilot is not a separate BC PNP stream – applicants need to apply to BC PNP under one of the existing categories detailed above. However, if you have a job offer in BC that is for one of the 29 identified tech occupations, then you qualify for expedited processing under the Tech Pilot
Min one-year job offer needed
Weekly invitations to apply, faster processing
Application fee: CAD $700