BC Entrepreneur Immigration - Strategic Projects

The Strategic Projects category of the BC Provincial Nominee Program (BC PNP) Entrepreneur Immigration stream is for foreign corporations who have identified strategic investment opportunities in B.C. to establish operations that are integral to the growth and expansion of their core business.

This category enables foreign corporations to permanently transfer key staff with the corporate knowledge and expertise to B.C. The foreign corporation may apply for provincial nomination to support the permanent residence of up to five of its current senior employees. These employees will actively manage the B.C. operation.

Who can apply?

To be eligible for this program, you must meet the following requirements:

To be eligible, the foreign corporation must meet the following requirements:

  • be well-established and in good financial standing
  • demonstrate investment readiness and capacity for international expansion into B.C.
  • provide significant economic benefit to the province by making a high value investment in B.C.

To be eligible as key staff, the individual(s) must meet the following requirements:

  • be current senior employees of the foreign corporation who have the qualifications and experience that are  essential to establish and operate the business in B.C.
  • is being appointed to an executive or senior managerial position, or has specialized knowledge essential to the proposed B.C. operation
  • will be employed in a permanent full-time capacity at the B.C. operation
  • is offered a wage commensurate with his/her expertise and consistent with industry and corporate compensation structures

The foreign corporation must:

  • make a minimum equity investment of at least $500,000 directed toward the corporation’s operations in B.C.
  • establish new or purchase and expand an eligible business in B.C.
  • create at least three new full-time equivalent jobs for Canadian citizens or permanent residents for each foreign key staff member proposed (to a maximum of five key staff)

The following types of businesses are ineligible under the BC PNP:

  • an immigration-linked investment scheme pursuant to Provincial Immigration Programs Regulation section 6(e) and the Immigration and Refugee Protection Regulations (IRPR) section 87(5)(b) and as defined in IRPR 87(9)
  • any business where the terms of investment include a redemption option pursuant to IRPR 87(6)(d)
  • any business that may be a passive investment pursuant to IRPR 87(6)(c)
  • bed and breakfasts, hobby farms and home-based businesses
  • payday loan, cheque cashing, money changing and cash machine businesses
  • pawnbrokers
  • tanning salons
  • DVD rental stores
  • coin-operated laundries
  • automated car wash operations
  • scrap metal recycling
  • businesses selling used goods (excluding businesses that provide value-added services such as repairs, refurbishing or recycling)
  • real estate development/brokerage, insurance brokerage or business brokerage
  • businesses involved in producing, distributing or selling pornography or sexually explicit products or services, or providing sexually oriented services
  • any other type of business that by association would tend to bring the BC PNP or the Government of British Columbia into disrepute
 

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