The Province of Prince Edward Island welcomes business professionals with entrepreneurial spirit interested in launching or acquiring a business in the province. Through the Business Impact Category of the PEI PNP, entrepreneurs from all over the world are invited to apply to become permanent residents based on their business accomplishments and potential contribution to the provincial economy.
There are two streams within the Business Impact Category to choose from, according to the expected share or investment the candidate will obtain in the prospective Canadian business. Each stream – ‘100% Ownership’ or ‘Partial Ownership’ – has its own set of eligibility criteria and conditions to be met by candidates.
Note: Priority consideration for provincial nominations will be given to applications that are best positioned to further the provincial economy and contribute to its key industries, including established sectors such as agriculture, fishery and forestry, and emerging sectors such as infotechnology and renewable energy, among others.
For more detailed information on the program requirements and application process please refer to Prince Edward Island Office of Immigration website.