Prince Edward Island Business Impact Category – Work Permit Stream

business immigration

If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through this stream, which is for foreign nationals with business ownership or extensive management experience who would like to move to PEI  to start their business, and eventually become a permanent resident.

Eligibility

To be eligible for nomination through the Work Permit stream you must:

  • have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right;
  • have a minimum education of secondary school equivalent;
  • be within 21-59 years of age at the time of application;
  • have transferable management skills and past employment or business ownership experience;
  • meet minimum language requirements equivalent to a CLB/NCLC 4; and
  • intend to live and work in PEI while providing day-to-day active and ongoing management of your PEI-based company
  • Attend an interview with staff from the Office of Immigration.
  • Meet the terms and conditions of the Performance Agreement signed with the Office of Immigration.