Prince Edward Island

Provincial Nominee Program (PEIPNP)

 

PEI: A Desirable Location.

  • Smallest of all Canadian provinces, in both size and population

  • Public and private schools, University of PEI, and vocational college

  • Some of the lowest housing prices in Canada

  • One of the lowest crime rates in Canada

  • Beautiful scenery and friendly citizens

  • One of the most popular tourism destinations in North America

  • Ideal place to raise a family and operate a business

 

Business Climate.

  • Charlottetown, PEI is the lowest cost capital city, in the lowest cost country (Canada) in North America, Europe and Japan, in which to do business (KPMG)

  • PEI encourages immigration, as their economy requires foreign direct investment

  • Major industries are agriculture, aquaculture, tourism, fishing and manufacturing

  • Rapidly growing industries are Bioscience, Aerospace/Advanced Manufacturing, Information Technology, and Financial Services

  • Exports from the pharmaceutical and medical manufacturing industry grew by 10% per year, over the past several years

Eligibility.

  • Intend to settle in PEI

  • Intend to manage, invest in, or own a business in PEI

  • Invest at least C$150,000 to start a new business, or purchase at least 1/3 of an existing business

  • Minimum C$600,000 in earned Net Worth (not inheritance, loan, or gift)

  • Between 21 and 59 years of age

  • Completed at least 12 years of school (completed secondary school)

  • Minimum 3 years (in the past 5 years) of transferable management experience, directly managing at least 3 employees

  • Basic proficiency in English or French (minimum CLB 4)

 

Process.

  • EOI - We submit an Expression of Interest  application for the client

  • ITA - PEI issues an Invitation to Apply to selected applicants

  • Interview - We submit a complete application to Immigration Services, and an interview is scheduled in approx. 4-6 months

  • Work Permit - Immigration Services issues a Letter of Support, and the client applies for a Work Permit

  • Move to PEI - Applicant and family move to PEI, and run their business from within PEI for 1 year

  • PR Application - The PEI Government issues a nomination certificate, and the applicant’s federal Permanent Residence application is submitted to IRCC

  • Live in PEI - The applicant and family remain in PEI, maintaining legal status, until PR issuance 

  • PR for Family - Priority federal processing of the Permanent Residence application is expected