Immigrate
Business Impact
PEI is seeking experienced business people and entrepreneurs with the skills needed to help propel its provincial economy forward while creating job opportunities for other Canadian citizens and permanent residents alike.
Individuals wishing to invest in and manage a Prince Edward Island business can take advantage of the Work Permit stream of business immigration through the Prince Edward Island Provincial Nominee Program (PEI PNP). The PEI Business Impact category currently includes one stream:
- PEI Work Permit
Important Updates
As of September 2018, PEI closed two Business Impact streams. Both the PEI 100% Ownership Stream and the PEI Partial Ownership Streams have been closed. These programs are not expected to open in the near future.
PEI Work Permit
The PEI Work Permit stream provides eligible applicants with the opportunity to come to PEI on a temporary work permit to establish a business. Once the business has been in operation for at least one year, the applicant will receive a provincial nomination for permanent residency.
PEI Business Impact Ranking System
If a candidate meets all of the eligibility requirements outlined by PEI PNP, they will be able to create a profile in the Expression of Interest (EOI) system. An applicant’s profile will be awarded up to 200 assessment points based on their age, language, education, business ownership or management experience, community endorsement, and adaptability.
Overview of Factors
Factor | Max Points |
---|---|
Age | 20 |
Language | 40 |
Education | 20 |
Business ownership or senior management experience | 50 |
Community endorsement | 35 |
Adaptability | 35 |
Maximum Points | 200 |