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PEI Nominee Program
Immigrant Partner Category
The Immigrant Partner Category of the Prince Edward Island Provincial Nominee Program is intended for prospective immigrants who propose to make a $200,000.00 Canadian dollar investment in a Prince Edward Island company and to take an active role in the investee company. That role may be either as a director or as a senior manager defined at level "O" of the National Occupational Code. See matrix at www23.hrdc-drhc.gc.ca.
All applications under the Immigrant Partner Category must go through a recognized Prince Edward Island Investment Intermediary.
PEI is no longer accepting applications for the Immigrant Partner Category. Howeve, a new program is under development and we hope to have the details shortly. Please ensure to check back regularly for updates...
Immigrant Entrepreneur Criteria
- A minimum net worth of $400,000.
- Willingness to invest a minimum of$200,000 to establish a new enterprise (or to purchase no less than 33% of an existing business).
- A business plan or ”Business Capacity” document to demonstrate that the Immigrant Entrepreneur has the capacity to establish a successful business in the Prince Edward Island business environment.
- Payment of a $100,000 business investment deposit, which is held in escrow and returned to the applicant after one year's residency and the establishment of the business;
- Immigrant Entrepreneurs are also required to place $25,000 in escrow with the Government of PEI as a good faith deposit. This deposit also gets returned after applicant has resided for one year in PEI.
- Immigrant Entrepreneurs (Partners) whose capacity in English or French is insufficient to be interviewed in that language are required to place $20,000 in escrow with the Government of PEI. This language deposit will be returned, should the applicant demonstrate moderate language skills, in English or French, after arrival in PEI.
- A combination of age, education, language skills and transferrable management skills. The ideal candidate to the PEI PNP is/has:
- less than 55 years of age;
- a minimum 14 years of education, including one (or more) post-secondary certificates or degrees;
- capable of being interviewed in English or French;
- has several years of management (or, preferably, business ownership) experience in a sector with relevance to the PEI economy.
- PEI will accept applicants who are not yet able to speak English or French - some of our finest applicants fall into this category - but, lack of skills in one of these languages must be offset by strengths in education or transferrable management skills. Similarly, exceptional transferrable management skills may offset a lack of post-secondary education.
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