British Columbia Entrepreneur Draw invites more than 9 candidates

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  • November 9, 2022

A new Entrepreneur Immigration draw has been conducted by British Columbia Immigration on November 8th that resulted in over 9 invitations

Entrepreneurs from the general and regional pilot categories were invited to participate in this British Columbia Provincial Nominee Program draw.

Eight invitations were issued with a minimum score of 120 points for the general category.

In the regional pilot, ‘less than 5’ invitations were issued with a minimum score of 114 points. To protect the identities of those invited, the number of invites was listed as ‘less than 5’.

Five invitations were issued by the general category draw on October 4. The minimum score needed to qualify was 116.

 

B.C. Entrepreneur Category Requirements

In order to be considered for immigration into this British Columbia business category, candidates must meet the following minimum requirements:

  • At least $600,000 in personal net worth, obtained legally.
  • Make a minimum investment of $200,000 in an eligible new business or in an existing business in BC.
  • Offer at least one full-time job in your business to a Canadian citizen or permanent resident.
  • Level 4 of the Canadian Language Benchmark in both English and French, in all four competencies: listening, speaking, reading and writing, at the time of nomination.
  • Suitable business and/or management experience.
  • Legally possess or qualify for temporary immigration status in Canada.
  • Have been lawfully admitted to the country where you currently reside.

 

British Columbia Entrepreneur Immigration – Regional Pilot

A major goal of the Entrepreneur Regional Pilot is to attract experienced entrepreneurs to create businesses and contribute to the specific labour needs of smaller communities in British Columbia. Candidates must meet the following eligibility requirements:

  • A net worth of at least $300,000.
  • Investments in eligible businesses must be at least $100,000.
  • Minimum of 51% ownership in the new business.
  • Level 4 of the Canadian Language Benchmark in English or French in each of the four skills: listening, speaking, reading, and writing.
  • Employ at least one Canadian citizen or permanent resident in a full-time role.
  • Conduct an exploratory visit in the target community

 

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