Prince Edward Island Business Impact Category

Prince Edward Island Business Impact Stream

The Prince Edward Island (PEI) Business Impact Stream is designed for experienced entrepreneurs who wish to establish, operate, and actively manage a business in Prince Edward Island. This stream, part of the PEI Provincial Nominee Program (PEI PNP), aims to attract individuals who can contribute to the province’s economic growth and create jobs.



Why Choose the PEI Business Impact Stream?

  • Business Opportunities: Establish or purchase a business in PEI’s dynamic and welcoming economy.
  • Pathway to Permanent Residency: Secure a future in Canada for you and your family.
  • Government Support: Benefit from resources and support offered by the PEI government.
 
 

Why Partner with Our Immigration Consultancy?

Navigating the PEI Business Impact Stream can be complex, but our experienced consultants are here to simplify the process. We offer personalized guidance every step of the way, ensuring your application is strong and complete. Here’s how we can help:

Our Comprehensive Application Process

  1. Initial Consultation: Schedule a consultation with our experts to discuss your business idea and qualifications.
  2. Expression of Interest (EOI): We assist in preparing and submitting a compelling EOI to the PEI PNP.
  3. Invitation to Apply (ITA): If selected, we guide you through completing a thorough and accurate application.
  4. Business Establishment: Once approved, we support you in establishing or purchasing your business in PEI.
  5. Permanent Residency Nomination: After meeting the business performance agreement, we assist you in securing a nomination for permanent residency.
 
 

Key Requirements

Our team ensures you meet all the specific requirements for the PEI Business Impact Stream:

Requirement Details
Business Experience Minimum of three years of business ownership or senior management experience in the past five years.
Net Worth Minimum of CAD $600,000 in net worth.
Investment Minimum of CAD $150,000 in establishing or purchasing a business in PEI.
Age Applicants must be between 21-59 years old.
Job Creation Create at least one full-time job for a Canadian citizen or permanent resident.
Exploratory Visit Strongly encouraged to gain a better understanding of PEI’s business environment and opportunities.
Language Proficiency CLB Level 4 or higher in English or French.
Business Plan Comprehensive business plan outlining the proposed business, market analysis, and financial projections.
Business Performance Agreement Agreement outlining the terms and conditions for establishing the business in PEI.

Prince Edward Island Work Permit Stream

The PEI Work Permit Stream is designed for experienced entrepreneurs who wish to establish and operate a business in Prince Edward Island. This stream, part of the Prince Edward Island Provincial Nominee Program (PEI PNP), aims to attract individuals who can contribute to the province’s economic growth and job creation.

 

 

 

Why Choose the PEI Work Permit Stream?

  • Business Opportunities: Establish or purchase a business in PEI’s dynamic and welcoming economy.
  • Pathway to Permanent Residency: Secure a future in Canada for you and your family.
  • Government Support: Benefit from resources and support offered by the PEI government.
 
 

Why Partner with Our Immigration Consultancy?

Navigating the PEI Work Permit Stream can be complex, but our experienced consultants are here to simplify the process. We offer personalized guidance every step of the way, ensuring your application is strong and complete. Here’s how we can help:

 

Our Comprehensive Application Process

  1. Initial Consultation: Schedule a consultation with our experts to discuss your business idea and qualifications.
  2. Expression of Interest (EOI): We assist in preparing and submitting a compelling EOI to the PEI PNP.
  3. Invitation to Apply (ITA): If selected, we guide you through completing a thorough and accurate application.
  4. Work Permit Application: We assist you in applying for a work permit to establish or purchase your business in PEI.
  5. Business Establishment: Once approved, we support you in setting up your business in PEI.
  6. Permanent Residency Nomination: After meeting the business performance agreement, we assist you in securing a nomination for permanent residency.
 
 

Key Requirements

Our team ensures you meet all the specific requirements for the PEI Work Permit Stream:

 

RequirementDetails
Business ExperienceMinimum of three years of business ownership or senior management experience in the past five years.
Net WorthMinimum of CAD $600,000 in net worth.
InvestmentMinimum of CAD $150,000 in establishing or purchasing a business in PEI.
AgeApplicants must be between 21-59 years old.
Job CreationCreate at least one full-time job for a Canadian citizen or permanent resident.
Exploratory VisitStrongly encouraged to gain a better understanding of PEI’s business environment and opportunities.
Language ProficiencyCLB Level 4 or higher in English or French.
Business PlanComprehensive business plan outlining the proposed business, market analysis, and financial projections.
Business Performance AgreementAgreement outlining the terms and conditions for establishing the business in PEI.

 

Get Started with Us Today!

Embark on your entrepreneurial journey in Prince Edward Island with confidence. Our dedicated team at GEMS is ready to assist you in every step of the process. For more information, please contact us.