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What is PEI- Business Impact Stream?
This stream is also known as the Work Permit Stream of the Prince Edward Island Provincial Nominee Program (PEI PNP). It focuses on foreign nationals for people who want to own and operate a business on the island. With a rising population and economy, the decision to invest in and manage a business in Prince Edward Island will benefit not only the business owner but the entire province.
What is the eligibility criteria?
| Age | 21 to 59 |
| Express Entry Profile | Not required |
| Net worth | $600,000 CAD |
| Investment | $150,000 CAD |
| Job Offer | Not Required |
| Language Proficiency | CLB 4 |
| Business Experience | No minimum limit |
What happens if my application is approved?
The PEI Work Permit stream gives qualified applicants the chance to move to PEI and start a business on a temporary work permit. Once the business has been open for at least a year, the province will nominate the applicant for permanent residency.
Where can I find the recent draws?
Please click here to see the recent draws.
How Can I Apply For This Program?
Please click here to apply for this program.
Ready to Apply? Please click here to contact us for an immediate response and our senior IRCC licensed immigration consultants can simplify your journey to Canada.