PRINCE EDWARD ISLAND ENTREPRENEUR IMMIGRATION
Immigration Company in Scarborough, Toronto
Springwind Immigration are aware of your desire to build a successful business in Canada. In terms of immigration, this is combined with the requirement to choose a business program that would allow you to obtain permanent residency in Canada. Selecting the Right Business Immigration Program Can Be Challenging. Contact Us today, you will receive expert assistance on which option is right for you, it will increase your chances of visa approval by working with one of our Regulated Canadian Immigration Consultant (RCIC). Our RCIC is licensed by the CICC to assist you by assessing your eligibility, reviewing all documentation, and submitting it to the Canadian government on your behalf.
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100% Ownership Stream |
Partial Ownership Stream |
Work Permit Stream |
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For foreign nationals, The 100% Ownership Stream is designed for business entrepreneurs interested in starting a new business or buying an existing business with 100% ownership in Prince Edward Island. |
The Partial Ownership Stream is designed for business entrepreneurs who want to become a part owner in a business on Prince Edward Island with 33 1/3% ownership or invest $1,000,000 CAD in the equity of the business. |
The Work Permit Stream offers a way to come to Prince Edward Island on a work permit prior to making the investment to provide business entrepreneur time to settle and integrate into the business environment. The applicant must either start or purchase a business with at least 33 1/3% equity in a PEI business or make a $1,000,000 CAD equity investment in a business. |
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Upon receiving approval from Immigration Services, the applicant will sign the necessary agreements, including an escrow agreement, and provide Prince Edward Island with a conditionally refundable deposit of $100,000 CAD. |
The applicant must meet the criteria of the stream and sign a performance agreement outlining the terms and conditions before receiving nomination for permanent residency to PEI | |
What are the requirements of Business Impact Category?
To receive approval under three streams, the applicant must meet the program criteria, minimum net worth and investment thresholds
| Self-Assessment Criteria Summary | Maximum Points |
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| Age | 10 |
| Education | 25 |
| Work experience | 21 |
| Language | 24 |
| Adaptability | 15 |
| Total | 95 |
If the applicants score 50 or more they are good to go under the Business Impact Category. Unless there is a difference between the score the applicants give themselves and the score given by Immigration Services, the assessment by Immigration Services will prevail
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100% Ownership Stream |
Partial Ownership Stream |
Work Permit Stream |
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Must be 100% business ownership. |
Must control not less than 33 1/3% of the equity in the business or make an equity investment in the business of at least $1,000,000 CAD. |
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Must sign an escrow agreement with the Province of Prince Edward Island and make a $100,000 CAD refundable deposit. |
Must sign a performance agreement with the Province of Prince Edward Island. |
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Must meet the age, education, work experience, adaptability and language skills (total scores at least 50 or more points |
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Have valid scored a minimum band score of 5 on the Canadian Language Benchmark Placement Test (CLBPT) or equivalent IELTS Test. Below CLBPT 5 will be required to sign a language deposit agreement and make a $20,000 deposit. |
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Must submit a business proposal, a settlement proposal and a business plan detailing. |
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Minimum verifiable personal net worth of $400,000 |
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Must make a minimum $150,000 CAD investment to start or purchase an eligible business in Prince Edward Island. |
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Must provide active and on-going management of the business at least one year from within Prince Edward Island. |
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What are steps in the application process?
Step 1: Call Springwind Immigration Consulting Service Inc. at 1-647-748-0188 or 1-647-869-6678 and make an appointment with the professional consulting team.
Step 2: Initial Consultation session with RCIC, sign Retainer Agreement with us for program recommended.
Step 3: Collecting all relevant document for your application.
Step 4: Apply online and pay the fees.
Step 5: If you are invited by PEI, submit an application for permanent selection.
Step 6: Processing of your permanent selection application.
If you have any questions about PEI-Entrepreneur Program, please do not hesitate to contact us. Our professional team will provide you with excellent legal services. You can reach us by ways of:
Phone: 1-647-869-6678 or 1-647-748-0188
Email: info@springwindimmigration.com
Wechat: jennyl199
WhatsApp: +1-647-869-6678