A Guide to BC PNP Entrepreneur Base Category

Applicants must first determine their eligibility based on the British Columbia Entrepreneur Immigration Base Category requirements mentioned above. Prospective entrepreneurs are encouraged to visit British Columbia and research the various business opportunities in the province. This visit also offers them a chance to make business contacts and learn how business operations are conducted in BC.

Next, applicants must complete their registration for the BC PNP Entrepreneur Base Category. This involves creating a profile and submitting their registration online with the BC PNP. This registration form includes key details about the applicant’s work or business ownership experience, language proficiency, education, net worth, and information about the business being set up or acquired.

A non-refundable registration fee of $300 CAD will be charged at the time of BC PNP registration submission. A maximum of 200 registrations will be accepted every month by the BC PNP.

Applicants are then assigned scores based on their answers. These scores are divided into two sections; Self-declared and Business concept.

The most qualified candidates can apply for Canada PR under the BC PNP Entrepreneur Immigration stream. Once you receive an invitation, you will have four months to prepare all the required information and submit your application through the BC PNP online system.

There are no set quotas for invitations from the BC PNP. The annual provincial nomination allocations are determined by the IRCC that defines the frequency and the number of invitations issued by the BC PNP. It also depends on their ability to process the applications.

If you do not get an invitation to apply, you can try to improve your registration score and re-submit your information again. You may want to suggest a new business idea or improve such components of your profile as age, Canadian work experience, English or French language level, etc. You can submit a new registration if you are not invited to apply within half a year since your first one.

After getting selected to proceed with application, BC PNP will want to review the candidate’s personal net worth and verify proof of funds you claimed to have when submitting your registration information.

Certain applicants may also be required to undergo an in-person interview in Vancouver. If the BC PNP approves the application, the applicant will be asked to sign a “performance agreement”. This agreement describes several requirements the applicant must meet if they wish to be nominated.

Once the application has been approved, applicants can apply for a work permit. This work permit allows them to work in Canada and perform different activities related to establishing or acquiring their business.

This includes making investments, creating jobs, and hiring workers. An applicant’s spouse or common-law-partner may apply for an open work permit during this stage if they are accompanying them to Canada.

You will need to build your business according to the terms and conditions of the Performance Agreement you signed with the provincial government.

The BC PNP will issue you a letter of support, which you can use to apply to the IRCC for a Canada work visa for a 365 days (12 months). Your dependents can move to BC with you.

Applicants who meet all the BC PNP Entrepreneur Immigration Base Category requirements can then submit a special “Final Report” with the BC PNP. The province will then review the applicant’s performance and assess if they have met the terms and conditions of the performance agreement. Successful entrepreneurs will then be nominated for permanent residence.

Once the applicant has been nominated, they may complete and submit an application for permanent residence with IRCC. The confirmation of nomination is valid for 180 days (~ 6 months).

You must apply for permanent residence prior to the expiry date on your confirmation of nomination. The applicant’s common-law partner or spouse and dependent children can also apply for permanent resident status during this final step.