Provincial Entrepreneur: Prince Edward Island

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Provincial Entrepreneur: Prince Edward Island

Provincial Entrepreneur: Prince Edward Island

Prince Edward Island (PEI) is the smallest province, located in the East and has an important historical role, so it remains an independent province of Canada, PEI has a high quality of life, beautiful scenery along with healthy living environment.

The state's economy is mainly based on seasonal industries such as agriculture, fishing and tourism services. In addition, PEI advocates promoting economic policies to attract more investors to develop the province.

ADVANTAGES

Get a permanent resident

Get a permanent resident

Be able to apply for a Provincial Nominee and Federal Permanent Resident after 12 months in business.

01

Freedom to go to work

Freedom to go to work

Spouse is free to work legally.

02

Free Education

Free Education

Children can study for free at public schools from elementary to high school.

03

CONDITION

CONDITION

AGE

AGE

From 21 to 59 years old

ENGLISH

ENGLISH

Minimum CLB 4 (R3.5, W4, L4.5, S4)

EXPERIENCE

EXPERIENCE

Having experience in managing or owning a business + Management experience: Minimum 3 employees + Business owner: Minimum 20% capital

ASSET

ASSET

Total net worth of at least 600,000 CAD (Does not include donated assets)

INVEST

INVEST

Minimum CAD 150,000 to acquire or establish a business in PEI

PROCESS

STEP 1

01

STEP 1

iCanfield consulting, appraising documents

STEP 2

02

STEP 2

Submit an Expression of Interest to the provincial government

STEP 3

03

STEP 3

Received an Invitation to Apply from the province, proceed to apply

STEP 4

04

STEP 4

If approved, apply for a work permit (Work Permit) to the federal government

STEP 5

05

STEP 5

Get a work permit, go to Prince Island - Canada to invest and operate a business

STEP 6

06

STEP 6

Apply for Permanent Residence when eligible

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