The British Columbia Business Nominee Program

British Columbia Business Nominee Program

The province of British Columbia has re-opened its business nominee program and introduced a new online registration system allowing interested candidates to express their interest in the program.

Successful applicants will obtain a work permit initially and, if the business operation in British Columbia fulfills the requirements of the program on an ongoing basis, they, along with their families, will be able to apply for permanent residence in Canada through the British Columbia Provincial Nominee Program (BC PNP).

This provides a pathway to Canadian permanent residence for experienced business people and their families willing to establish and invest in B.C.

The BC PNP will periodically invite the highest-scoring registrants to submit applications for the Entrepreneur Immigration program. Registrations that qualify for the selection pool are valid for up to six months. If a candidate is not invited to apply within six months of registration, his or her registration will expire.

If a candidate is invited to apply, he or she will have four months to submit a complete application. If the application is approved, he or she will sign a Performance Agreement and will have up to 20 months to implement a business proposal in B.C.

If the individual meets the requirements of the Performance Agreement within the 20 months while on a temporary work permit, the BC PNP will nominate him or her for permanent residence. He or she, along with his or her dependent family members can then apply for permanent residence under the BC PNP with Citizenship and Immigration Canada.

Applications are assessed on a number of factors, including:

  1. Business and/or work experience;
  2. Personal net worth and source of funds;
  3. Adaptability; and
  4. Business proposal, which includes proposed investment and job creation in B.C.

Business requirements:

The registration must include a brief business proposal that will be assigned points based on proposed commercial viability, transferability of the candidate’s skills, and economic benefits. If the candidate is subsequently invited to apply, he or she will require to submit a comprehensive business plan. The BC PNP will consider registrations to establish a new business, purchase of existing business, form a partnership with an existing business, and partner with a local or foreign entrepreneur to establish a new business.

Investment requirements:

In order to register, the candidate must demonstrate that he or she will make an eligible personal investment of at least CAD $200,000 in the proposed business. If the candidate is proposing a Key Staff Member and wishes for that person to also work for the business in B.C, he or she must demonstrate that he or she will make an eligible personal investment of CAD $400,000.

Job requirements:

Candidates must demonstrate that they will create at least one permanent new full-time equivalent job for a Canadian citizen or permanent resident in the proposed business. Job creation requirements differ for candidates who proposed to include a Key Staff member on their application.

If a candidate is invited to apply, he or she will have four months to submit a complete application. If the application is approved, he or she will sign a Performance Agreement and will have up to 20 months to implement a business proposal in B.C.

Once the successful applicant is living and working in B.C., he or she must demonstrate the following in order to be eligible to make an application for permanent residence under the BC PNP:

  1. Active and ongoing management of the day-to-day business operations;
  2. Demonstrated residence in B.C.; and
  3. Admissibility to Canada.

Entrepreneur Immigration Registration: Scoring

Each section of the registration has a minimum eligibility score. Candidates must meet the minimum scores in each section in order to be entered into the selection pool. The maximum total score available is 200. There is no minimum overall score threshold; as long as candidates make the minimum score for each section, they are eligible to enter the pool of candidates.

Candidates are ranked according to their scores for business experience, net worth, personal investment, proposed job creation, adaptability (including age, language proficiency, education, previous visits to B.C., and previous work or study in Canada), and business concept. Up to 80 of the 200 total points may be awarded for the business concept.

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