Provincial Nominee Program: Business Immigrants
Business Category: Regional Business
Applicants for nomination in the Regional Business category will be required to:
- 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)
- Create at least 1 new job in the business for a Canadian or permanent resident
- Own at least one third (33 1/3%) of the equity of the business
- Provide active and on-going participation in the day to day management and direction of the business
- Demonstrate that they have:
- the skills and experience necessary to establish and operate a commercially viable business in BC;
- a personal net worth of at least $400,000 CAD obtained from legal sources
- sufficient unencumbered personal funds to make the required investment
- a viable business proposal
- Sign a Performance Agreement with the Province of British Columbia
- Sign a Deposit Agreement with the Province of British Columbia, if they are seeking a Fast Track nomination
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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
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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. |