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Program Overview BC Provincial Nominee Program (BC PNP) Entrepreneur Immigration (EI) is a way for international entrepreneurs wishing to immigrate to British Columbia (B.C.) to set up businesses that support innovation and economic growth in the province. Entrepreneur Immigration is a temporary to permanent immigration pathway. That means that if you are approved, you will initially come to B.C. as a temporary resident, and then apply to stay permanently once you have successfully started a business. Streams at a Glance EI Base EI Regional Pilot Eligibility Requirements Experience : 3+ years of experience as a business ownermanager, or 4+ years of experience as a senior manager, or a combination of 1+ year as a business ownermanager and 2+ years as a senior manager (within last 10 years). 3+ years of experience within last 5 years (for Regional Pilot). Work experience within last 10/5 years as noted above. Net Worth : At least $600,000 (Base). At least $300,000 (Regional Pilot). Education : Obtained a postsecondary credential, or experience as an active business ownermanager for at least 36 of the last 60 months with 100% ownership in the business. Business Proposal : Must submit a business proposal to establish a new business or purchase an existing business in British Columbia. Must submit a business proposal to establish a new business and be referred by an enrolled community (Regional Pilot). Ownership Percentage : At least onethird (33.33%) (Base). At least 51% (Regional Pilot). Investment : Minimum $200,000 (Base). Minimum $100,000 (Regional Pilot). Job Creation : Must create at least one fulltime equivalent job for a Canadian citizen or permanent resident of Canada. Location : Anywhere in British Columbia (Base). Participating communities (Regional Pilot). Exploratory Visit Requirement : No, but strongly recommended (Base). Yes; you must engage and visit an enrolled community for support before registering (Regional Pilot). Language Requirement : Minimum of CLB4 equivalent in English or French. Must submit a copy of valid language proficiency test results at registration (Base) and at final report (Regional Pilot). Partner with BCPNP Coregistrant Allowed? Yes (both streams). Partner with a Local Business/Person Allowed? Yes (both streams). Registration Scores : Total200 points (120points for selfdeclared section; 80points for business concept). Must score minimum of 40 points in business concept section. Total score must be at least115 points to qualify (Base). Total200 points (140points for selfdeclared section; 60points for business concept). No minimum business concept score. Total score must be at least105 points to qualify (Regional Pilot). Registration Timeframe : Registrations are scored within six weeks (Base). Registrations are scored within four weeks (Regional Pilot). 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 Yes. Minimum Amount of Time to Submit Final Report : 18 months after issuance of a work permit (Base). 12 months after issuance of a work permit (Regional Pilot). Fees : Registration: $300. Application: $3,500. Regional Pilot British Columbia welcomes entrepreneurs from around the world to discover the many business opportunities across all regions of the province. Entrepreneurs can open a business in one of B.C.s smaller communities and experience firsthand why many choose to live outside of a large urban center for their families. Through the Entrepreneur Immigration (EI) Regional Pilot, the Province offers an immigration pathway for enterprising individuals who are looking to start a new business in a small community and make B.C. their new home. The EI Regional Pilot was introduced in March 2019 and has been extended to March31,2024. Key Features B.C. communities are active participants The communities that enrolled for Phase2 of the EI Regional Pilot play a key role. Each has identified the kinds of businesses that are a priority for their community. They are looking for entrepreneurs with experience managing these types of businesses. Communities are also interested in learning more about your background and your proposed business. When you reach out to them, you may be asked to provide information so that their contact person can see if your proposal and/or business experience is a fit with their priorities. Communities have implemented their own administrative process for the pilot, and some communities may charge a fee for services. We ask interested parties to respect and follow each communitys specific process. Please contact the community using only the contact details listed in each profile. Prospective Candidates Must Visit the Community If a community sees your business proposal as a possible match with their priorities, they may invite you for an inperson exploratory visit to their community and meet with their contact person. The visit will also give you firsthand experience of the location you are proposing for your business, and you will also be able to assess whether the lifestyle is a fit for your family. Please Contact: [email protected] #J-18808-Ljbffr