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BC Entrepreneur Immigration Regional Pilot: Issues 7 ITAs for Canada PR

October 2019, 14
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BC Entrepreneur Immigration Regional Pilot
British Columbia immigration has attended a new draw mainly focusing on the Regional Pilot of Entrepreneur Immigration.

The draw held on 8 October 2019 observed invitations issued to seven candidates by the stream of immigration that strives to bring entrepreneurs to smaller communities in British Columbia.

Applicants needed a minimum score of 106 points to be eligible. The full specifications for the stream are given below in this article.

Details of Latest B.C. PNP Entrepreneur Draw

Date

Category

Minimum Required Score

Invitations Issued

08-Oct-19

Entrepreneur Immigration Regional Pilot

106

7

In the former British Columbia's P.N.P Entrepreneur Immigration draw issued 38 invitations through the two entrepreneur immigration streams.

The draw took place on 17 September observed 30 invitations issued through the General Category of Entrepreneur Immigration, with a minimum required score of 115 points.

There were also 8 invitations to apply through the Regional Pilot of Entrepreneur Immigration, with a minimum required score of 108 points.

Details of B.C. PNP Entrepreneur Draw Held on 17 Sept 2019

Date

Category

Minimum Score

Invites Issued

17-Sept-19

Entrepreneur Immigration General Category

115

30

Entrepreneur Immigration Regional Pilot

108

8

B.C. PNP Entrepreneur General Category Requirements

Business applicants in the Entrepreneur immigration category of  British Columbia must satisfy the below minimum conditions:

  • Need to have a personal net worth of CAD 800,000;
  • Need to invest CAD 400,000 to establish or buy and expand a suitable business in the province of British Columbia;
  • Create three jobs for permanent residents or citizens of Canada;
  • Engage in the day-to-day business supervision and direction;
  • Need to Confirm a performance contract with the province of British Columbia before nomination;
  • Applicants in the general category of entrepreneurs can sponsor a principal staff member for Canada PR.

B.C.  PNP Regional Pilot Entrepreneur Immigration Requirements

Requirements of Community

  • Need to have less than 75,000 Population.
  • Located 30km away from a municipality of 75,000 population.
  • Demonstrated potential to support global entrepreneurs with settlement networks and agencies that support the business.
  • Community representatives must complete Immigration and pilot-specific training.

Requirements of Applicants

  • Desire to begin a business and live in a regional community of B.C.
  • Finish an exploratory visit.
  • Need to invest $100,000 in an eligible business.
  • Need to have a net worth of $300,000.
  • Holds 51% ownership which is minimum.
  • Create at least one new job.

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