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Business Immigration

Prince Edward Island

Minimum requirements


Experienced entrepreneurs want to invest and actively manage a business in the province

Net worth
$600,000 after debt deduction
Type of investment
Establish a business in the province
Business management experience
Have work experience as a business owner or senior business manager
Equivalent to Canadian high-school
Active operation
Actively and directly involved in the day-to-day management of the business for 12 months
CLB 4 or higher
Between 21 - 59 years old

Meeting the minimum requirements does not guarantee the applicant will receive the invitation. Please refer the application process.
Applicant must fulfill all terms set out in the Business Performance Agreement to be nominated for provincial nomination.

Application process

Process timeline of investing, selecting, reviewing and submitting for provincial nomination
between applicant with Provincial and Federal Government

Profile submission
Stage 1

Create expression of interest profile with Office of Immigration. The profile is scored and ranked.Profile valid for 6 months

Provincial invitation
Stage 2

Depending on allocation quota, candidates with the highest EOI scores in the pool will be invited to submit the investment application.
Submit application within 45 days

Stage 3

Applicant is invited to an interview with a provincial official to discuss the application, business proposal and investment terms.

Investment decision
Stage 4

Application approved, the investor signs the Business Performance Agreement with the province, committing to fulfill all requirements.Province reviews in 3 - 6 months

Work permit
Stage 5

The province provides a Letter of support for the applicant to complete their work permit application for business investment.IRCC reviews in 3 months

Business establishment
Stage 6

Arrive in the province within 3 - 6 months after issuance of the work permit and start the business as committed.12 - 24 months in business operation

Decision of Nomination
Stage 7

After fulfilled all commitments, applicant receives Nomination Certificate to support the application for permanent residence to IRCC.
Province reviews in 2 - 4 months

Get PR Status
Stage 8

Application approved, the applicant gets Permanent Resident status after landing or confirming on IRCC Portal.IRCC reviews in 15 - 19 months

If a work permit is due to expire within 30 days, the province may issue a letter of support for the work permit extension.
An invitation to apply does not guarantee the application will be approved or the applicant will be issued the Nomination Certificate or granted permanent resident status.

Success factors

Crucial elements affect the decision

Background elements
Settlement fund
Net worth
Canadian work experience
Work experience
Management experience
Residential area
Letter from employer
Occupation in Canada
Liquid asset
Field study in Canada
Community referral letter
Farm experience
Job offer
Investment value
Business proposal
Education in Canada
Investment region
Residential area
Exploratory Visit
Scoring factors
Ownership and management experience
Community referral

* Adaptability generally includes but not limited to ties to the province (education, relatives in the province, work experience) and spouse's background (education, language, work experience)
* Figures may be rounded for presentation purposes, please refer to federal or provincial government websites for the most accurate information.


Benefits the applicant and their accompanying family members are entitled to when becoming permanent residents


The immigration application includes the applicant's spouse and children

Work and study
Work and study

Have legal status to operate the business under business immigration program


Access to high-quality modern public health care as same as Canadian


Free or lower tuition for children depends on the level of education


Access to social benefits as same as Canadian

Mobility right
Mobility right

Live and work anywhere under Permanent Resident status


Ability to sponsor relatives if the conditions are met


Ability to obtain citizenship if residency conditions are met

Specific requirements

Important requirements the applicant should note

Immigration Ineligibility

  • Are living in Canada illegally or in restoration of status
  • Are under removal order
  • Are inadmissible to Canada
  • Are a passive investor (rarely or not involved in day-to-day operations of the business)

List of Ineligible Businesses

  • Any business or individual that has received investment through the Provincial Nominee Program within the past 48 months
  • Bed and breakfasts, hobby farms, and home-based businesses
  • Inn or Boutique Hotel, unless there are at least 5 rental units with a revenue of at least $100,000 per year and lastest annual operating expenses of at least $75,000
  • Payday loan, currency exchange, cash machine businesses
  • Pawnbrokers
  • Sale of used goods (excluding collectibles, or where the business provides value-added services such as repairs, refurbishing, or recycling)
  • Real Estate Development, unless deemed to be a significant economic benefit to the province
  • Real estate, insurance or business brokerage
  • Start-up businesses, unless incorporating from an existing business with an investment of $150,000, operating independently without reliance on the original business, and the owner has relevant expertise in the new business
  • Businesses started for the sole purpose of gaining access to immigrant investment through the program
  • Professional practices, financial services, and consulting services
  • An entity that cannot issue shares
  • An entity as described in IRPA 87(6)(a)
  • Any businesses that tend to bring the Nominee Program or the Government of the Northwest Territories into disrepute

Basic requirements

  • Between 21 to 59 years old
  • Have education equivalent to Canadian high-school
  • Net worth after debt deduction is greater than $600,000 CAD
  • Intend to live permanently in Prince Edward Island to own and operate the business and bring substantial economic benefits to the province
  • Have work experience as a business owner or senior business manager


Minimum CLB 4, assessed by 1 of 4 language proficiency tests within the last 2 years:

Investment requirements

  • At least $150,00 CAD within 12 months after arrival in the province

Business requirements

  • Live and work in Prince Edward Island at least 274 days a year
  • Operate the business for 12 consecutive months