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Ministry of Technology, Trade and Economic Development

Provincial Nominee Program: Business Immigrants

Business Category: Regional Business

Applicants for nomination in the Regional Business category will be required to:

  1. Make a personal investment of at least $200,000 CAD to establish or to purchase and expand an eligible business anywhere in BC outside of the Vancouver metropolitan area ( 316KB) or the Abbotsford metropolitan area 
    ( 290KB)

  2. Create at least 1 new job in the business for a Canadian or permanent resident

  3. Own at least one third (33 1/3%) of the equity of the business

  4. Provide active and on-going participation in the day to day management and direction of the business

  5. Demonstrate that they have:
    1. the skills and experience necessary to establish and operate a commercially viable business in BC;
    2. a personal net worth of at least $400,000 CAD obtained from legal sources
    3. sufficient unencumbered personal funds to make the required investment
    4. a viable business proposal

  6. Sign a Performance Agreement with the Province of British Columbia

  7. Sign a Deposit Agreement with the Province of British Columbia, if they are seeking a Fast Track nomination
     

    Applications in the Regional Business category are
    limited to principal applicants – there is no provision
    to include foreign key staff as co-applicants for
    nomination

    Applications will not be accepted from individuals who
    have an unresolved refugee claim in Canada, are in
    Canada illegally, are under a removal order in Canada,
    or are prohibited from entering Canada.