BC PNP Entrepreneur Immigration Base Categories at a Glance
Index
What is BCPNP Entrepreneur Immigration
BC Entrepreneur Immigration is suitable for entrepreneurs who can support innovation and economic growth in BC. Applicants must have entrepreneurial experience, meet certain investment requirements, and be able to actively operate a business in BC. They can be nominated by BC. achieve the purpose of immigrating to Canada.
Entrepreneur immigration in BC is usually divided into two categories: Base Category and Regional Pilot. This article will compare the two categories.
Want to know more details about the BC Entrepreneur Immigration Basic Class and Regional Pilot Program? Please refer to:
- BC Entrepreneur Immigration – Basic Category (Base Category)
- BC Entrepreneur Immigration – Regional Pilot Program (Regional Pilot)
BC PNP Entrepreneur Immigration Base Categories
EI - Base Category | EI - Regional Pilot | |
Experience | Within last 10 years: | Within last 5 years: |
3+ years of experience as a business owner-manager, OR, 4+ years of experience as a senior manager, OR, a combination of 1+ year of experience as a business owner-manager and 2+ years of experience as a senior manager | ||
Net worth | At least $600,000 | At least $300,000 |
Education | Obtained a post-secondary credential, OR, experience as an active business owner-manager for at least three of the last five years with 100% ownership in the business | |
Business proposal | You must submit a business proposal to establish a new business or purchase of an existing business in British Columbia | You must submit a business proposal to establish a new business in British Columbia and be referred by an enrolled community |
Ownership percentage | At least one-third (33.33%) | At least 51% |
Investment | Minimum $200,000 | Minimum $100,000 |
Job creation | Must create at least one full-time equivalent job for a Canadian citizen or permanent resident of Canada | |
Location | Anywhere in British Columbia | Participating communities |
Exploratory visit required? | No | Yes. You must engage and visit an enrolled community for support before registering |
Language requirement? | Minimum of CLB 4 equivalent in English or French. Must submit a copy of valid language proficiency test results at final report (if not previously submitted) | Minimum of CLB 4 equivalent in English or French. Must submit copy of valid language proficiency test at registration |
Partner with BC PNP co-registrant allowed? | Yes | No |
Partner with a local business/person allowed? | Yes | |
Registration scores | Total 200 points (120 points for self-declared section; 80 points for business concept). Must score minimum of 32 points in business concept section | Total 200 points (140 points for self-declared section; 60 points for business concept). No minimum business concept score |
Registration timeframe | Registrations are scored within six weeks | Registrations are scored within four weeks |
Net worth verification | Yes, you must obtain a net worth verification report if you are invited to apply | |
Application timeframe | Application decisions are typically made within four months | |
Interview required for approval? | Yes | |
Minimum amount of time to submit a final report | 18 months after issuance of a work permit | 12 months after issuance of a work permit |
Fees | Registration: $300; | Registration: $300; |
Fees
- Service fees do not include government fees, translation fees, notarization fees, courier fees and other third-party fees