This category is for foreign corporations who have identified strategic investment opportunities in B.C. to establish operations that are integral to the growth and expansion of their core business.

This category enables foreign corporations to permanently transfer key staff with the corporate knowledge and expertise to B.C. The foreign corporation may apply for provincial nomination to support the permanent residence of up to five of its current senior employees. These employees will actively manage the B.C. operation.

Company eligibility

To be eligible, the foreign corporation must meet the following requirements:

• be well-established and in good financial standing
• demonstrate investment readiness and capacity for international expansion into B.C.
• provide significant economic benefit to the province by making a high value investment in B.C.

key staff members eligibility

To be eligible as key staff, the individual(s) must meet the following requirements

• be current senior employees of the foreign corporation who have the qualifications and experience that are essential to establish and operate the business in B.C.
• is being appointed to an executive or senior managerial position, or has specialized knowledge essential to the proposed B.C. operation
• will be employed in a permanent full-time capacity at the B.C. operation
• is offered a wage commensurate with his/her expertise and consistent with industry and corporate compensation structures

Requirements

The foreign corporation must:

• make a minimum equity investment of at least $500,000 directed toward the corporation’s operations in B.C.
• establish new or purchase and expand an eligible business in B.C.
• create at least three new full-time equivalent jobs for Canadian citizens or permanent residents for each foreign key staff member proposed (to a maximum of five key staff)