B.C. Entrepreneur Immigration Regional Pilot Adds 8 New Communities

B.C. Entrepreneur Immigration Regional Pilot Adds 8 New Communities

British Columbia PNP has attached 8 new communities to Its Entrepreneur Immigration Regional Pilot. The additions indicate a sum of 64 communities is now signed up to take a role in the pilot of the British Columbia PNP stream.

New Communities of B.C. Entrepreneur Immigration Regional Pilot

  • Canal Flats
  • Akisqnuk First Nation
  • Parksville
  • Invermere
  • Radium Hot Springs
  • Peachland
  • Shuswap Indian Band
  • Regional District of East Kootenay (Area F, Area G)

The two-year pilot is intended to bring entrepreneurs to set up businesses in smaller and regional communities with populations smaller than 75,000. Smaller communities are fighting with some of the major acute issues such as contracting labor markets and aging populations.

Net worth and Investment requirements for the B.C. Entrepreneur Immigration Regional Pilot are half of those specified for the principal British Columbia’s Entrepreneur stream.

Below the Regional Pilot, applicants are expected to invest $100,000, and also have an individual net worth of $300,000 and produce one job for a citizen or permanent resident of Canada.

The Regional Pilot is solely for entrepreneurs intending to begin a new business. Those intending to purchase an existing business must consider British Columbia’s principal Entrepreneur Immigration stream.

B.C. Entrepreneur Immigration– Regional Pilot

Significant Features

1) Community Engagement

Associated communities are actively committed to attracting international entrepreneurs, and supporting them to settle after arrival.

2) B.C. PNP Referrals

Communities are able to refer to international entrepreneurs to the B.C. PNP. The applicants need to visit the community and have a business design associated with their economic preferences.

3) Community Concierge

Engaging communities have a way to the services of a Committed B.C. PNP Community Concierge.

4) Invitations and Preferences

Referred applicants can register in the B.C. PNP pool. Monthly invitations are announced to the top-scoring candidates. Those invited will get priority processing.

Requirements for Community 

  • The population must be lesser than 75,000.
  • Located 30km away from a municipality of higher than 75,000 population.
  • Shown capacity to encourage international entrepreneurs with a network of business and settlement support agencies.
  • Pilot-specific and Immigration training needs to be finised by representatives of the community.

 

To get your possible Immigration options, approach Immigration News now, and we will also evaluate your profile with our Immigration experts and advise you whether you are qualified to apply or not.

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