Prince Edward Island (PEI) is one of the smallest provinces in Canada, with an area of just over 4,000 square kilometers. Prince Edward Island is a province that is located in the Gulf of St. Lawrence, between the provinces of New Brunswick & Nova Scotia.
Despite Prince Edward Island’s small size & population, this Atlantic island province hoards incredible coastal culture with booming fishing, tourism, & agricultural industries.
The capital city of Charlottetown is home to the Confederation Centre of the Arts, which hosts many festivals and events throughout the year including the annual jazz festival in July. Visitors can also enjoy the Confederation Trail along the coast or take a scenic drive through rolling hills and farmland on this easily accessible island.
The Prince Edward Island Provincial Nominee Program (PEI PNP), is a collaboration of immigration programs that aims at immigrants with business experience, skilled workers, and young graduates who are fresh from post-secondary education.
The PEI PNP gives prospective new immigrants a chance to get a provincial nomination through one of its many immigration programs, which may speed up their process to Canadian permanent residency.
This province has several immigration streams that are divided into three categories:
The PEI Express Entry system is an online business immigration program that was launched in December 2016. The province of Prince Edward Island (PEI) has a limited number of spaces available under this program.
The PEI Immigration Nominee Program (PNP) offers permanent residence to skilled workers and their families who want to live and work in the province. The PNP is open to candidates who have been selected by the province for economic immigration and meet its criteria for occupation and educational requirements, as well as other eligibility factors.
Prospective immigrants who are in the federal Express Entry pool may also be eligible for PEI Express Entry if they are:
PEI is committed to attracting and retaining workers who can contribute to the province’s economy. Foreign workers and recent graduates are welcome to apply for provincial nomination via one of three PEI labour impact streams:
The Skilled Workers program allows individuals who have been offered a job by an employer in Prince Edward Island to apply for a provincial nomination.
The Skilled Workers Outside Canada program allows individuals who have been offered a job by an employer outside of Prince Edward Island to apply for a provincial nomination.
The Critical Worker Program is an option for workers who possess unique skills or experience that are needed in Prince Edward Island.
The International Graduate Program is an option for recent graduates of post-secondary institutions located in Prince Edward Island or other parts of Canada who wish to continue their education at one of the province’s public universities, as well as those who wish to work in Prince Edward Island upon completion of their studies.
The Business Impact stream of the PEI PNP is ideal for those who are interested in immigrating to Canada and becoming involved in their own small business or for those who wish to invest in an existing local business.
The province of Prince Edward Island offers one of the most comprehensive Provincial Nominee Programs (PNP) in Canada. The program helps entrepreneurs and investors from around the world establish themselves as permanent residents of Prince Edward Island (PEI).
The Business Impact stream is for individuals who wish to immigrate to Canada on a business visa and are interested in investing in a new or established PEI business. This stream offers two options:
A 100% ownership option is available for those who wish to own all the shares of the business. To be eligible for this option, applicants must have a minimum net worth of $600,000 and a minimum personal net worth of $300,000. The funds must be legally obtained and invested into the PEI company. Applicants will need to demonstrate that they have experience running a business or operating as an executive in another company.
A partial ownership option is available for those who do not want to own all the shares of the company but want an active role in managing it. Applicants must have a minimum personal net worth of $300,000 and invest at least 10% of their investment capital into the PEI company.
In both cases, applicants will need to demonstrate that they have experience running a business or operating as an executive in another company. They may also apply as part of this stream if they are already living in PEI and wish to obtain a work permit through investment in an existing business.
The Prince Edward Island Provincial Nomination Program (PEI PNP) is a popular Canadian immigration program that enables individuals with relevant skills and experience to apply for permanent residence. The PEI PNP Work Permit Stream allows applicants with a minimum investment of $150,000 to apply for a temporary work permit so that the applicant may begin their Canadian entrepreneurial journey before being granted provincial nomination, and, Canadian permanent residence.
Successful applicants will be issued a temporary work permit from Immigration, Refugees, and Citizenship Canada (IRCC) after fulfilling all pre-requisite requirements.
The PEI PNP Work Permit Stream is available to:
Applicants willing to migrate to Prince Edward Island through PEI PNP are required to create a profile in the province’s Expression of Interest (EOI) system. Candidates are assigned a score based on their profile, and the highest-ranking candidates are invited to submit an application during the periodic draws.
The following criteria will be used by the PEI PNP to assess EOI profiles:
A successful applicant will be offered an employment opportunity in one of the following sectors: agriculture, aquaculture, manufacturing, tourism, information technology, or construction.
If you are willing to know more about the Prince Edward Island PNP process, you can certainly contact us by writing us an email at mail@pioverseas.com and one of our experts will help you out in every possible way. Call us at +91-9310-10-6988 or you can also receive a call back from our expert once you fill out the inquiry form. You can also talk to our experts directly through our live chat feature and clear your doubts instantaneously.
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