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British Columbia Adds 12 Communities to Its Entrepreneur Regional Pilot

June 2019, 11
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British Columbia Adds 12 Communities to Its Entrepreneur Regional Pilot
British Columbia immigration has attached 12 latest communities to the Regional Pilot Entrepreneur Immigration. The additions indicate a result of 44 communities is now acknowledged up to take a role in the British Columbia PNP stream.

British Columbia Regional Pilot Entrepreneur Immigration: New Communities

1.       Campbell River

2.       Salmon Arm

3.       Penticton

4.       Thompson-Nicola Regional District Area N – Nicola Valley South

5.       Thompson-Nicola Regional District Area M – Nicola Valley North

6.       Thompson-Nicola Regional District Area I – Spences Bridge

7.       Columbia-Shuswap Regional District – Scotch Creek and Electoral Area F

8.       Columbia-Shuswap Regional District – Malakwa and Electoral Area E

9.       Columbia-Shuswap Regional District – Falkland and Electoral Area D

10.   Columbia-Shuswap Regional District – Sorrento and Electoral Area C

11.   Clinton

12.   100 Mile House

The 02-year pilot is intended to attract entrepreneurs to develop businesses in communities which are smaller with populations lesser than 75,000. Such type of smaller communities is meeting some of the major acute problems with shrinking labor markets and aging populations.

Net worth and Investment demands for the Regional Pilot are 50 percent of those mentioned for the main Entrepreneur stream of British Columbia.

Below the B.C. Regional Pilot, applicants are demanded to invest CAD 100,000, have a minimum net worth of CAD 300,000, and produce one job for a permanent resident or citizen of Canada.

The Regional Pilot is exclusively for entrepreneurs intending to start a business newly. Those planning to acquire or buy an existing business must consider primary Entrepreneur Immigration of British Columbia.

B.C. Entrepreneur Immigration – Regional Pilot

Significant Features

Community Association- Partnership communities are actively associated with bringing the international entrepreneur and aiding them to settle after arrival.

B.C. P.N.P Referrals- Communities are able to mention international entrepreneurs to the British Columbia PNP. The applicants must have attended the community and have a plan of business aligned with their economic preferences.

Community Concierge- Associating communities have a way to the services of a committed British Columbia PNP Community Concierge.

Invitations and Preference- Referred applicants register is a different B.C. P.N.P pool. Monthly Draw invitations are announced to the top scoring applicants. Those who receive invitations will get priority processing.

Requirements of Community

  • Less than 75,000 Populations.
  • Located 30km far from a municipality of greater than 75,000 residents.
  • Shown capacity to help international entrepreneurs with a settlement network and agencies of business support.
  • Community representatives need to complete pilot-specific training and immigration.

Applicant Requirements

  • Aspire to establish a business and willing to live in a regional community of British Columbia.
  • Perform an exploratory visit.
  • CAD 100,000 minimum investment in a suitable business.
  • Personal net worth must be a minimum of CAD 300,000.
  • Holds at least 51% ownership.
  • Must create one new job.

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