How can I immigrate to Prince Edward Island as an Entrepreneur?

To immigrate to PEI as a worker, there is currently 1 pathway open:

This is for those applicants who are interested in immigrating to Prince Edward Island and would like to invest in and run a business

Prince Edward Island - Entrepreneur -Work Permit Pathway

An applicant is eligible under Prince Edward Island Business Impact Category Work Permit Pathway stream, if the applicant:

have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right;
have a minimum education of secondary school equivalent;
be within 21-59 years of age at the time of application;
have transferable management skills and past employment or business ownership experience;
meet minimum language requirements equivalent to a CLB/NCLC 4(link is external); and
intend to live and work in PEI while providing day-to-day active and ongoing management of your PEI-based company
Attend an interview with staff from the Office of Immigration.
Meet the terms and conditions of the Performance Agreement signed with the Office of Immigration

Factor	Max Points
1. Age	20
2. Language	40
3. Education	20
4. Business ownership or senior management experience	50
5. Community endorsement	35
6. Adaptability	35
Maximum Points	200

1. Age

2. Language

Proficiency in English or French	Points
CLB/NCLC 10	40
CLB/NCLC 9	40
CLB/NCLC 8	35
CLB/NCLC 7	30
CLB/NCLC 6	20
CLB/NCLC 5	10
CLB/NCLC 4	0
Maximum	40

3. Education

Level of Education	Points (20 max)
Master’s or Doctoral (PhD) level	20
Post-secondary degree – program of at least 3 years of full-time study	17
Post-secondary diploma in a trade that requires at least 2 years of full-time study	12
High school	0
Maximum	20

Work Experience		Points
Business Ownership Experience
Owner (50% or more) and manager involved in the daily operations and have direct involvement in decision-making	At least 5 out of the last 7 years	50
	At least 3 out of the last 5 years	40
Owner (20-50%) and manager involved in the daily operations and have direct involvement in decision-making	At least 5 out of the last 7 years	35
	At least 3 out of the last 5 years	25
Senior Management Experience
Senior Manager involved in daily operations as a primary decision maker and supervising a staff of at least 3 people. Less than 20% ownership in the company	At least 5 out of the last 7 years	30
	At least 3 out of the last 5 years	20
Maximum points		50

5. Community endorsement

Community Endorsement	Points
Received written endorsement from a rural community	35
Received written endorsement from a community within capital region	10
Maximum	35

Adaptability

Adapdability	Points
The applicant’s dependent children have been enrolled in a PEI educational institution for a minimum of 6 consecutive months	10
The applicant’s spouse or common-law partner successfully graduated from a PEI post-secondary institution	5
The applicant’s spouse or common-law partner and/or their dependent children have a language ability of CLB 6 or higher in English or French	10
The applicant’s spouse or common-law partner has at least 3 years of work experience in the last 5 years	5
The applicant has a close relative that is a Canadian citizen or permanent resident living in PEI for at least 12 consecutive months	10
The applicant has experience farming, transferrable farming skills and plan to operate a farm in PEI	10
Maximum	35

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