The Prince Edward Island Business Impact Category issues permanent residence to entrepreneurs who have established a business in the province. Initially, the applicants come to Canada on a temporary work permit and establish the business. Once the business is established and the terms of an agreement are met, applicants are nominated for permanent residency.
Eligibility Criteria for Applicants:
Investment of a minimum of $150,000 in a company in Prince Edward Island.
Control at least 1/3 of the company’s share or make an investment in the company of at least $1,000,000.
Actively manage the business from within Prince Edward Island.
Eligibility Criteria for Businesses:
A business should be a profitable venture and registered under the Companies Act of Prince Edward Island or the Canada Business Corporations Act.
A business should be located in Prince Edward Island and should operate for the purpose of earning profits from active income through providing goods and/or services and should be in good standing on all debts and obligations.
Maintain a permanent establishment in P.E.I. as defined under the Income Tax Act by regulation 400.
Should have assets with a value of at least $150,000. These assets must be actively used for the expansion of the business.
Have the potential to create significant economic benefits for Prince Edward Island by contributing to one or more of the following industries.
Exports of goods or services
Research and development
Any industry in an undeserved local or regional market
Retail and restaurant investment
Assistance By Winny Immigration:
Winny Immigration with an expertise of over 40 years and a team of more than 250 immigration experts, assists entrepreneurs in identifying potential businesses and making immigration applications in Prince Edward Island. The expert professionals guide the clients with end to end process of business expansion and correspondence with the Government of PEI for immigration.
I’ve recently started my immigration process with Winny Immigration. All the staff is so supportive and humble. Staff is always ready to help as and when required. Special thanks to Smit Patel and Suhani Shah for your guidance and support.
2 weeks ago
Good experience with Mr. Smit. He always helps us with whatever information we ask for, and prompt response. My pre-immigration process got delayed due to Covid19 but he would always pick my call and keep me updated on things, or answer my queries right away. Still a long way to go, hope you keep up the good work.
2 weeks ago
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3 weeks ago
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3 weeks ago
We started our immigration process with Winny and our case officer is Dhara Rathod. She is very prompt and supportive and very professional . Our entire process was very smooth. Till the time we had a great experience with Dhara.