Prince Edward Entrepreneurship Program

If you are interested in immigrating to Prince Edward Island and want to invesmt and start your business in Charlottetown or other cities of Prince Edward Island, you may be eligible to apply for permanent residence through the province’s work permit program. PEI PNP). This program is suitable for applicants who are active business owners or have management experience who wish to move to PEI to start their business and eventually become a permanent resident.

About Prince Edward Province

Prince Edward Island, as one of the provinces of Canada, has several small islands. This province is located near New Brunswick, Nova Scotia and Quebec, which has a smaller population and area than other Canadian provinces. The island of PEI is divided into three parts: Prince, Queens and Kings.

Almost all soils of Prince Edward Island consist of soft red sandstone. This province has four seasons: spring, summer, winter, and autumn. Spring usually comes later. Summers are usually pleasant and neither too hot nor too cold. Although the ocean water is relatively cold and its temperature rarely rises above 20 degrees, islanders and tourists enjoy going to the beach and swimming in the ocean in the summer months. Winters are usually long and cold and there is a lot of snow from November to April.

Charlottetown, the central city of the island, has a population of about 33,000. Major industries in this province include: agriculture, tourism, fishing, and industrial production. About 30% of Canadian potatoes are grown in this province.

Migration through Prince Edward Province

The entrepreneurship program of this province is divided into three categories:

100% Business Ownership Stream (This program is currently closed)

Partial Ownership Stream (This program is currently closed)

Work permit or Work Permit Stream

Work Permit Stream

In order to manage and create a business in Prince Edward Island, the applicant must have the minimum factors of age, education, work experience, adaptability and language skills.

Terms of action:

• Having a minimum movable and immovable property of 600 thousand Canadian dollars
• Investment of at least 150 thousand Canadian dollars
• Having at least a high school diploma
• Being between 21 and 59 years old
• Having a minimum score of CLB 4 from the English language certificate, IELTS General
  • Listening 4.5     Writing 4     Reading 3.5     Speaking 4

How to act and file process:

– Creating a profile and sending a request to act online – Expression of Interest

– Waiting to receive the Invitation to Apply letter

– Sending all requested documents, forms, business plan, etc. After receiving the above letter

– Participation in the interview

– Waiting to receive a support letter from the province after reviewing the documents

– Submitting the work permit application file to the Canadian Immigration Department to issue a work visa (the validity of the work visa is 2 years)

– Entering Prince Edward 3 to 6 months after issuing a work visa and starting a business according to the provided business plan

– Receive the Nomination Letter – This letter will be issued 12 months after starting the business and meeting all the conditions

– Sending the Canadian permanent residence application file after receiving the Nomination Letter

Advantages of this method:

• Obtaining Canadian permanent residence one year after starting the business for the main applicant and family members
• Low investment amount