Whom Am I:
Whom Am I =>
Friday, October 26, 2007
Whom Am I
Whom Am I:
Whom Am I =>
Xipeng Liu is a member of Canadian Society of Immigration Consultants. Her membership ID number is M041539
Whom Am I =>
Who Am I
Who Am I:
Xipeng Liu is a member of the Canadian Society of Immigration Consultants, her Membership ID number is M041539.
Who Am I =>
Saturday, October 6, 2007
Prince Edward Island Provincial Nominee Program
Prince Edward Island Provincial Nominee Program:
Prince Edward Island Provincial Nominee Program =>
乾肅貌卼赽絢吽枑靡妀珛痄鏍垀剒沭璃摯煤蚚
珨ㄝ 翋扠③�垀剒沭璃:
1ㄝ 扠③�腔爛鍵剕婓49呡眕狟˙
2ㄝ �彆扠③�岆詢笢救珛ㄛ 剒衄拻爛眕奻わ珛奪燴冪桄ㄛむ笢祫屾謗爛岆酕橾啣腔冪盪ㄛ剒梩鼠侗嘖爺腔70%眕奻ㄛ�彆祥岆橾啣ㄛ剒衄坋爛酕鼠侗詢撰翋奪腔冪桄ㄛ饜髒剒衄詢笢眕奻悝盪甜婓坋爛囀衄拻爛�睡馱釬冪桄˙
3ㄝ �彆扠③�岆湮蚳麼掛褪救珛ㄛ剒拻爛わ珛奪燴冪桄ㄛむ笢謗爛岆橾啣ㄛ梩鼠侗嘖爺腔70%˙麼湮蚳麼掛褪救珛ㄛ坋爛わ珛詢撰翋奪冪桄˙麼湮蚳麼掛褪救珛ㄛ拻爛わ珛詢撰翋奪冪桄樓饜髒詢笢眕奻救珛甜婓坋爛囀衄拻爛�睡馱釬冪桄˙
4ㄝ 翋扠③�摯饜髒噱訧莉軞塗湛40勀樓啋眕奻ㄛ褫眕婦嬤眕狟倛宒
l 珋踢湔遴祫屾衄6跺堎腔盪妢ㄗ隅ぶ睿魂ぶ飲猁枑鼎郔輪6跺堎腔湔遴痐隴ㄘㄛ
l 嘖きㄗ剒枑鼎嘖き芘訧鼠痐抎ㄛ蹈隴垀茧衄腔嘖き杅塗ㄛむ楷俴歎睿珋俴歎ㄘㄛ
l 滇莉ㄗ翋扠③�睿/麼饜髒斛剕岆滇莉腔俇�茧衄氪ㄛ甜й猁枑鼎郔陔腔ㄛ 衄虴腔滇莉ぜ嘛懂痐隴む歎硉ㄘ
l 鼠侗噱訧莉ㄩ�彆翋扠③�摯む饜髒靡狟腔湔遴腔滇莉祥劂40勀樓啋ㄛ褫眕蚚鼠侗腔珨窒煦訧莉釬峈跺�訧莉﹝沭璃�狟ㄩ扠③�剒梩鼠侗嘖爺腔70%﹝跦擂鼠侗笙昢惆桶ㄛ鼠侗軞訧莉腔30%褫眕呾酕跺�軞訧莉筍郔嗣硐夔呾12勀樓啋﹝
5ㄝ 扠③�剕ヶ厘乾肅貌卼赽絢輛俴峈ぶ�跺馱釬�腔溼恀蕉舷ㄛ甜迵乾肅貌卼赽絢腔夥埜頗醱醱彸
6ㄝ 醱彸籵徹綴ㄛ扠③�剕葆110,000樓啋祥軑豖遜芘訧煤蚚25000樓啋懈蛂挹踢睿20000樓啋逄晟挹踢ㄗ�彆扠③�頗荎逄ㄛ祥蚚蝠逄晟挹踢ㄘ﹝
懈蛂挹踢睿逄晟 挹踢頗婓扠③�摯模�婓乾肅貌卼赽絢蛂珨爛綴�塗豖遜拸瞳洘﹝
媼. 乾肅貌卼赽絢吽枑靡數赫腔杻萸ㄩ
1. ワ痐薹詢奧й厒僅辦
婓垀衄腔吽枑靡數赫笢, 乾肅貌卼赽絢ワ痐薹詢奧й厒僅郔辦,湮埮菰蝠扠③綴 珨跺堎晞褫彶善醱彸籵眭,醱彸籵徹綴珨跺堎囀扠③�猁蔚奻扴15.5勀訧踢�窒善弇,颯善乾肅貌卼赽絢吽硌隅腔價踢誧芛,芘訧綴珨跺堎囀晞褫彶善吽枑靡抎,眳綴, 陔模埶痄鏍鼠侗蔚乾肅貌卼赽絢吽腔枑靡抎蟀肮扠③�偶璃蛌冞薊堊痄鏍窒蚺眅誠湮妏奩,珨啜①錶狟,6-9跺堎褫彶善极潰籵眭ㄛ垀眕軞僕輛最珨爛酘衵﹝ 陔模埶痄鏍鼠侗醴ヶ郔辦腔偶璃ㄩ扠③奻蝠綴7毞腕善醱彸籵眭抎ㄛ 扠③�芘訧善弇綴25毞腕善吽枑靡抎﹝扠③冞善眅誠綴2 跺堎腕善极潰桶ㄛ极潰綴26毞彶善鍰�邈華祧睿痄鏍ワ痐籵眭抎﹝軞僕輛最7跺堎﹝2005爛8堎善10 堎陔模埶痄鏍鼠侗冞褕腔扠③ㄛ善2006爛6堎場扠③�摯む模飲眒�窒邈華樓鏽湮﹝
2ㄝ鼠侗眕俋訧莉拸剒枑鼎阭等, 第蹋袧掘潠等, 傖髡薹詢.
3.扠③�摯模�婓乾肅貌卼赽絢蛂雛謗爛褫眕砃吽淉葬枑靡鍚俋謗模оべ痄鏍乾肅貌卼赽絢﹝涴謗跺模穸祥剒猁芘訧﹝
�. 煤蚚:
1ㄝ 樓鏽湮淉葬扠③煤
(1) 乾肅貌卼赽絢吽痄鏍窒扠③煤:
$2,500樓啋ㄛ�彆扠③�場机掩擇ㄛ吽淉葬諶壺500樓啋ㄛ殿遜2000 樓啟﹝
眳綴�睡珨祭掩擇ㄛ 2500樓啟腔扠③煤蔚祥軑豖遜﹝
ㄗ2ㄘ 樓鏽湮薊堊痄鏍窒蚺眅誠湮妏奩腔扠③煤ㄗ祥夔豖隙)
翋扠③�: $550樓啋
饜髒: $550樓啋22呡眕奻嫁躓藩�: $550 樓啟,
22呡眕狟嫁躓藩�: $150樓啟
2. 樓鏽湮薊堊痄鏍窒�噫煤ㄗ褫豖隙ㄘ
翋扠③�: $490樓啟
饜髒: $490樓啟
蛁ㄩ扠③煤迵�噫煤婓扠③冞厘樓鏽湮薊堊痄鏍窒蚺眅誠湮妏奩奀迵扠③訧蹋珨肮褕﹝
3ㄝ吽淉葬猁⑴芘訧煤蚚迵挹踢ㄩ
芘訧塗ㄩ110000樓啋ㄛ祥軑豖遜﹝
懈蛂挹踢ㄩ25000樓啋ㄛ扠③�植腎翻眳�れ婓乾肅貌卼赽絢蛂雛珨爛綴�塗豖遜拸瞳洘﹝
逄晟挹踢ㄩ20000樓啋ㄛ扠③�植腎翻眳�れ婓乾肅貌卼赽絢蛂雛珨爛綴ㄛ籵徹潠等荎逄醱
彸綴�塗豖遜拸瞳洘﹝4ㄝ陔模埶痄鏍鼠侗督昢煤
ㄗ婦嬤吽場机扠③ㄛ妀昢蕉舷扠③ㄛ醱彸鑠捄迵顯肮煤睿薊堊扠③ㄘ珨棒俶褕8000樓
啋,剒婓ワ測燴磁肮奀葆ㄛ麼10,000樓啋煦�棒褕ㄛ葆煤源宒�狟ㄩ ワ測燴磁肮奀葆4000 樓啋ㄛ腕善吽枑靡抎葆4000樓啋ㄛ腕善鍰�痄鏍ワ痐籵眭抎奀葆2000樓啋﹝ �彆吽場机掩擇ㄛ垀彶督昢煤�塗豖遜﹝�彆妀昢蕉舷ワ痐掩擇ㄛ陔模埶痄鏍鼠侗諶壺400樓啋ㄛむ豻垀彶善腔督昢煤婓珨跺堎囀豖遜跤扠③�﹝�彆醱彸羶籵徹麼郔笝掩薊堊痄鏍窒擇ワㄛ陔模埶痄鏍鼠侗蔚諶壺顯扠③�醱彸腔煤蚚2000樓啋ㄛむ豻垀彶善腔煤蚚蔚婓珨跺堎囀豖遜跤扠③�﹝�彆扠③�醱彸奀ㄛ陔模埶痄鏍鼠侗羶衄�顯肮ㄛ諶壺400樓啋ㄛ豖遜豻塗﹝
乾肅貌卼赽絢吽枑靡妀珛痄鏍扠③最唗 1ㄝ乾肅貌卼赽絢吽葬場机ㄩ
1) 垀衄腔扠③桶
2) 恅璃等爵猁⑴腔垀衄恅璃
3) 2500樓啋吽扠③煤
2ㄝ 假齬醱彸ㄗ湮埮彶善扠③綴珨善謗跺堎ㄘㄛ乾肅貌卼赽絢吽葬枑鼎肂③滲眕晞扠③�砃蚺控儔樓鏽湮妏奩扠③妀昢蕉舷ワ痐﹝扠③�鏽善ワ痐綴跦擂假齬善乾肅貌卼赽絢吽蕉舷甜醱彸ㄛ醱彸奀剕褕.�醱彸鳳腕籵徹ㄛ絞部葆$1勀樓啟挹踢ㄛ�彆醱彸羶籵徹祥蚚葆˙
3ㄝ醱彸籵徹ㄛ扠③�猁婓珨跺堎囀蔚む豻10勀樓啟睿4.5勀樓啟 懈蛂睿悝荎逄挹踢ㄗ�彆頗荎逄硐剒蝠2.5勀懈蛂挹踢ㄘ褕善乾肅貌卼赽絢˙
4ㄝ�窒訧踢善弇湮埮珨跺堎褫腕善吽枑靡抎˙
5ㄝ吽枑靡抎睿む坻扠③第蹋冞蝠樓鏽湮薊堊痄鏍窒蚺眅誠湮妏奩ㄩ剕菰蝠�狟煤蚚摯恅
璃ㄩ1ㄘ 煤蚚ㄩ
翋扠③�550 樓啟扠③煤;
饜髒550 樓啟扠③煤;
22呡眕奻赽躓550扠③煤;
22 呡眕狟赽躓150 扠③煤˙
翋扠③�邈華煤ㄩ490 樓啟˙
饜髒邈華煤490 樓啟˙2ㄘ垀衄腔扠③桶˙
3ㄘ垀衄腔恅璃ь等爵垀蹈腔恅璃恅璃埻璃麼鼠痐璃ㄗ蚚冞善吽爵腔恅璃ㄛ扠③�祥蚚婬枑鼎ㄘ;
6ㄝ6-9跺堎蔚彶善眅誠湮妏奩极潰桶ㄛ�模�极潰˙
7ㄝ极潰敵善綴3善6跺堎酘衵頗彶善眅誠湮妏奩�模痄鏍ワ痐籵眭ㄛず籵眭鳳�ワ 痐﹝
乾肅貌卼赽絢潠賡
乾肅貌卼赽絢弇衾樓鏽湮陲窒蘋昹貊漆俜﹝岆樓鏽湮郔苤腔吽爺ㄛ醱儅5657す源鼠爵ㄛ�諳埮坋侐勀. 乾肅貌卼赽絢吽瑞劓凅璨ㄛ衄‘漆俜鼠埶’眳捇備﹝�絢酗220鼠爵ㄛ郔遵揭50鼠爵ㄛ膩備譎斕吽﹝絢奻郔湮腔傑庈峈吽頗狦醫杻嗟ㄛ涴爵岆樓鏽湮薊堊腔筑汜華﹝ 蘋昹貊漆俜恲轡腔漆阨妏腕卼赽絢腔ァ緊掀樓鏽湮湮翻ァ緊載樓恲睿﹝11堎善4堎峈隄撫ㄛ蔥悕講埮340濰譙ㄛ隄撫恲僅珨啜婓錨狟3僅善錨狟18僅眳潔﹝涴爵狦撫恲睿坁�ㄛァ恲珨啜婓18僅善20僅酘衵﹝ 絢奻祥躺ァ緊疑ㄛ觼莉蜓旵ㄛ漆莉猿蜓呏莉韓牬ㄛ鎮鍊扱載岆�弊恓靡﹝甜й茧衄�弊郔嗣腔詢嫌痲⑩部﹝絢奻翋猁冪撳彶�赻藏蚔珛ㄛ蚕衾瑞劓蚥藝ㄛ善狦撫衄60勀�ヶ懂蚔俙ㄛ絢奻藏虛ㄛ絃泆ㄛ妀虛睿軓氈珛準都倓咺ㄛ衄虳模穸遜枑鼎蛂咑ㄛ祥躺歎跡晞皊ㄛ掀蛂嬴虛載戺巠﹝ 珋婓乾肅貌卼赽絢吽淉葬覂薯楷桯陓洘撮扲莉珛ㄛ膘蕾陓洘撮扲笢陑ㄛ醴ヶ陓洘撮扲眒場撿寞耀ㄛ郪傖賸80嗣跺陓洘撮扲鼠侗ㄛ涴虳鼠侗藩爛砃吽淉葬枑鼎1砬4ロ勀腔阭彶彶�﹝ 絢奻遜茧衄3沭郔鍔�扤督腔羲陬藏蚔繚盄ㄛ褫眕�陬ヶ厘漆偉盄蜇輪項瑞ㄛ夔劂�斕悼擦刓嫖阨伎ㄛ岆跺鴃①砅忳腔吨華﹝婓涴爵汜魂頗坋煦譴睿﹝
Prince Edward Island Provincial Nominee Program =>
Prince Edward Island Provincial Nominee Program
Prince Edward Island Provincial Nominee Program:
Prince Edward Island Provincial Nominee Program =>
Prince Edward Island Provincial Nominee Program
Under the Agreement for Canada-Prince Edward Island Co-operation on Immigration, the Prince Edward Island Provincial Nominee Program (PEIPNP) is a Federal-Provincial partnership between the Province of Prince Edward Island, represented by Island Investment Development Inc. (IIDI), and the Government of Canada, represented by Citizenship and Immigration Canada (CIC).
The Prince Edward Island Provincial Nominee Program expedites immigration to Canada for individuals and their families who meet provincial criteria in support of the following initiatives:
- Increased business and economic development
- Increased supply of skilled workers
- Increased population
- Achievement of provincial demographic, social and cultural objectives
The purpose of the Prince Edward Island Provincial Nominee Program is to select individuals who appear to be suitable for immigration to Prince Edward Island. While it is important that the Prince Edward Island Provincial Nominee Program process be transparent to all parties, applicants must also understand that it is Prince Edward Island’s right and responsibility to select applicants who appear to fit the province’s unique economy and culture.
The Prince Edward Island Provincial Nominee Program’s decision is made only after reviewing the application forms and all supporting documents to determine whether the applicant has an appropriate personal and family history and the capacity to integrate into the local community, based on a combination of education, age, language, experience and adaptability.
The Prince Edward Island Provincial Nominee Program is a shared responsibility, whereby the Province recruits, selects and nominates qualified immigrant applicants, with the Federal government completing security and health background checks and giving final approval. The Prince Edward Island Provincial Nominee Program is equivalent to an “immigrant class”; therefore, Prince Edward Island rules apply, rather than those relating to the familiar Canadian immigrant classes.
At this time, there are four categories under the Prince Edward Island Provincial Nominee Program. You are encouraged to read about the individual categories to understand which suits your skills and ability to qualify as a potential immigrant applicant under the Prince Edward Island Provincial Nominee Program.
The four categories under the Prince Edward Island Provincial Nominee Program are as follows:
- Immigrant Partner Category – A principal applicant who proposes to make an investment in an existing Prince Edward Island company and to take an active role in that company as a director or senior manager.
- Immigrant Entrepreneur Category – A principal applicant who proposes to establish a viable, new business in Prince Edward Island.
- Immigrant Connections Category – A principal applicant suggested by a Prince Edward Island based “champion” who meets settlement and employability criteria.
- Skilled Worker Category – A principal applicant with specialized skills and experience who fills a labour market need in Prince Edward Island.
Immigrant Partner Criteria Detail
Business Ownership
If a Principal Applicant is self-employed they must provide:
- Business registration documents
- Business’ tax records for each year the business is in operation for the most current five-year period.
- Work contracts, if applicable
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
Children’s Information
- Children’s birth certificates, which name their parents
- Adoption papers for adopted dependent children
- Proof of custody for children under the age of 18 and proof that the children may be removed from the jurisdiction of the court
- If the children will not accompany you to Canada, proof that you have fulfilled any obligation stated in custody agreements
- Poof of continuous full-time studies of all dependent children aged 22 or over, including:
- Complete school records/transcripts since attaining age 22
- Letters from the schools indicating the number of hours of classes attended per day, and the number of days attended per week
- Proof of full financial support by parents since reaching age 22
Education
A minimum education requirement of grade 12 is required. High school graduation certificate will be required as well as other post secondary educational degrees, diplomas, certificates and professional licenses or certificates. Official transcripts showing school(s) attended, courses taken and duration of program(s) will also be required. Applicants are required to submit documentation for the highest level of education obtained. (Example: If applicant has a university degree, high school documents would not be required.)
Employment
Original letters of reference for work experience within the past 10 years for the principal applicant.
- Each letter must include:
- Specific period of employment with the company (start and end dates)
- Position(s) held, and time spent in each position
- List of tasks/duties and main responsibilities in each position
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
- Signature of an authorized representative of the company (name and title), where possible.
OR
Self-employed must provide:
- Business registration documents
- Business’ tax records for each year the business is in operation for the most current five-year period.
- Work contracts, if applicable
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
AND
Management Criteria
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
Good Faith Deposit
In applying to immigrate to Canada under the Prince Edward Island Provincial Nominee Program, the applicant certifies the intention of settling in Prince Edward Island.
As evidence of good faith, the Province of Prince Edward Island requires the principal applicant to pay a $25,000.00 Canadian dollar deposit which is fully refundable, without interest, one year after landing provided that the Immigrant Partner can demonstrate to the satisfaction of the Province that:
- The Immigrant Partner is active in the investee company as a director or senior management employee; and
- The Immigrant Partner and his/her family maintain a residence in Prince Edward Island. Evidence that the Immigrant Partner is active in the investee company as a director or senior management employee will take the form of a declaration to this effect by the Chair of the Board of Directors and the Chief Executive Officer on behalf of the investee company, and the Immigrant Partner.
Evidence that a residence is maintained in Prince Edward Island may include:
- A pre-arranged visit to establish that the dwelling is owned/leased and occupied by the immigrant family;
- Local employment;
- Utility bills; rental receipts; property tax records;
- Registration of any children at a local school or daycare facility;
- Community corroboration and so forth.
Identity/Status Information
- Current photo for principal applicant, spouse and dependents (clear copies of photo)
- Birth certificate for principal applicant and spouse
- Marriage certificate
- Death certificate (of former spouse if applicable)
- Divorce certificate or proof of separation
- South Korea – Family Census Register
- China – Household Register
Language
All documents, if not in English or French, must include a notarized translation.
Application and interviews will be accepted/conducted in English or French. If the principal applicant does not have English or French then the application may still be accepted.
Principal applicants without English or French must make a $20,000.00 Canadian dollar Language Deposit and agree to study English and/or French. The Language Deposit is fully refundable one (1) year after official landing date in Canada; providing the principal applicant has met the following conditions for refund:
- Attained a certificate stating the principal applicant has an attained minimum of Canadian Language Benchmark of Level 3, in all four skills, speaking, listening, reading, and writing. The certificate and testing must be done at an accredited facility on Prince Edward Island.
- Maintained a residence in Prince Edward Island for a minimum period of one (1) year. Copies of rental agreement, property tax, utility bills, school registration and community involvement, bank statements, letter from an employer, are some of the documents that may be requested.
If the principal applicant is unable to fulfill the requirements, the deposit will be forfeited.
Moderate Proficiency (Stage I - CLB Levels 3-4)
The range of abilities needed to communicate in common and predictable settings to meet basic needs and to carry out everyday activity. A curriculum aligned to the Benchmarks and targeting the language proficiencies of stage 1 learners would focus on topics of immediate personal relevance.
- Speaking:
- You can communicate with some confidence on familiar topics, can communicate facts and ideas in some detail, and demonstrate a range of everyday vocabulary.
- You can communicate with some confidence on familiar topics, can communicate facts and ideas in some detail, and demonstrate a range of everyday vocabulary.
- Listening:
- You can follow main ideas, identify key words and important details in face to face formal and informal conversations, can understand a range of common vocabulary and can understand questions that are based on common experience and general knowledge.
- You can follow main ideas, identify key words and important details in face to face formal and informal conversations, can understand a range of common vocabulary and can understand questions that are based on common experience and general knowledge.
- Reading:
- You can follow main ideas, key words and important details in a short text using plain language, can read printed or legible hand written notes, memos, or letters and can get new information about familiar topics from reading factual texts.
- You can follow main ideas, key words and important details in a short text using plain language, can read printed or legible hand written notes, memos, or letters and can get new information about familiar topics from reading factual texts.
- Writing:
- You can effectively convey familiar information in standard formats, can write a one or two paragraph composition, and can reproduce information received orally or visually.
- You can effectively convey familiar information in standard formats, can write a one or two paragraph composition, and can reproduce information received orally or visually.
Net Worth
Please be advised that the Schedule 6 form must be a complete and current statement of the total personal net worth of both the principal applicant and spouse. All assets and liabilities must be disclosed.
We require supporting documents as evidence to verify $400,000.00 net worth as per Prince Edward Island Provincial Nominee Program guidelines.
The Prince Edward Island Provincial Nominee Office reserves the right to request full supporting documentation to confirm or verify source of and/or accumulation of funds.
Listed below are the requirements for the different types of assets.
- Bank accounts: Bank statements and transaction records for the most current 6 month period.
- Fixed term deposits: A 6 month detailed transaction statement from financial institution confirming amount, ownership, value, date of deposit and date of maturity.
- Property: Our office will only accept a title deed for proof of ownership along with a valid, current property appraisal to confirm value of the property. Please note title deed is the only document we will accept as proof of property ownership, no exceptions.
- Please ensure when listing properties on the Schedule 6 that they are listed for easy matching of documentation, referencing the property/plot number as shown on deed. Property must be owned solely by principal applicant and/or spouse.
- Stocks and Other Investments: Provide a notarized investment summary detailing the number of shares held, adjusted cost base (original cost) and current market value supported by a copy of the share certificate. Based on the availability of the information requested above, Prince Edward Island Provincial Nominee office reserves the right to request additional documentation, if applicable.
- Business: The principal applicant and spouse must disclose all business ownership. T This section must be completed, ensuring the business' name; % owned; current book value and current estimated market value.
- If using the business to meet the net worth requirement the principal applicant must provide the most recent audited financial statements and notarized/certified translation.
- 70 30 30 Rule
- Assets belonging to a business may be considered as personal assets, for the purpose of this application, according to the following rule: The applicant, or the applicant and spouse in combination must own a minimum of 70% or the equity in the business(s);
- No more than 30% of net corporate assets may be considered as personal net worth; and
- No more than 30% of the $400,000.00 personal net worth requirement, or $120,000.00, may consist of corporate net assets as per this rule.
- Assets belonging to a business may be considered as personal assets, for the purpose of this application, according to the following rule: The applicant, or the applicant and spouse in combination must own a minimum of 70% or the equity in the business(s);
- If using the business to meet the net worth requirement the principal applicant must provide the most recent audited financial statements and notarized/certified translation.
- Pensions and Other assets: Pension, insurance and other funds held by third parties are not accepted unless unambiguous evidence is provided to indicate the specific amount available on a specific date, along with a clear, written statement from the agency holding the funds that the funds may be cashed or otherwise realized on that date.
- Private loans and/or gifts will not be accepted.
- Liabilities and Other personal debts: All liabilities must be disclosed and current supporting documentation is required.
Passport/Travel Documents
Passport and/or travel documents for principal applicant, spouse and dependent children with copy showing the passport number, date of issue, expiration, photo, name, date and place of birth.
Proof of Relationship in Canada
Proof of relationship to any close relative in Canada, such as birth, marriage or adoption certificates and proof of that person’s status in Canada; photocopy of the Permanent Resident Card, or proof of Canadian citizenship such as photocopy of pages of Canadian Passport or Canadian Citizenship Card.
Prince Edward Island is seeking entrepreneurs with the skills and drive - and the marketable concepts - to be successful in PEI’s unique environment. If you have the strengths and experience, applying to the PEI Nominee Program in the Immigrant Entrepreneur category is a good choice: if your business concept matches our strengths, PEI wants you - and wants you to be successful. And that can make a big difference.
What PEI Offers to Prospective Entrepreneurs:
- An educated, skilled workforce with good work ethic and low turnover;
- A market of 2 million people in Atlantic Canada, with 300 million more North Americans within reach;
- A strong core of businesses and institutions supporting bio-science, aerospace, information and communication technologies and other sectors;
- Exceptional agricultural and ocean resources;
- Approximately 1 million tourist visitors each year and a great tourist product with yet undeveloped Asian markets;
- Strong cultural industries, with many artists, musicians, writers;
- Access to the North American Free Trade zone;
- Close proximity to New York, Boston and Toronto;
- Affordable labour and housing costs;
- World class technological infrastructure;
- Overlapping time zones with Europe and Asia;
- Responsive government;
- The opportunity, through the Immigrant Connections category, to bring the skilled and special people you need to make your venture successful.
Immigrant Entrepreneur Criteria
- A minimum net worth of $400,000.
- Willingness to invest a minimum of$200,000 to establish a new enterprise (or to purchase no less than 33% of an existing business).
- A business plan or ”Business Capacity” document to demonstrate that the Immigrant Entrepreneur has the capacity to establish a successful business in the Prince Edward Island business environment.
- Payment of a $100,000 business investment deposit, which is held in escrow and returned to the applicant after one year’s residency and the establishment of the business;
- Immigrant Entrepreneurs are also required to place $25,000 in escrow with the Government of PEI as a good faith deposit. This deposit also gets returned after applicant has resided for one year in PEI.
- Immigrant Entrepreneurs (Partners) whose capacity in English or French is insufficient to be interviewed in that language are required to place $20,000 in escrow with the Government of PEI. This language deposit will be returned, should the applicant demonstrate moderate language skills, in English or French, after arrival in PEI.
- A combination of age, education, language skills and transferrable management skills. The ideal candidate to the PEI PNP is/has:
- less than 55 years of age;
- a minimum 14 years of education, including one (or more) post-secondary certificates or degrees;
- capable of being interviewed in English or French;
- has several years of management (or, preferably, business ownership) experience in a sector with relevance to the PEI economy.
- less than 55 years of age;
- PEI will accept applicants who are not yet able to speak English or French - some of our finest applicants fall into this category - but, lack of skills in one of these languages must be offset by strengths in education or transferrable management skills. Similarly, exceptional transferrable management skills may offset a lack of post-secondary education.
Applicant Fees
Immigrant Entrepreneurs are required to submit an application fee of $2,500 with their application.
Starting Your Business
Immigrant Entrepreneurs are required to establish or purchase a business in PEI within two years of receiving permanent residency status. The business may be in any legal sector, and does not necessarily, have to be that indicated in the Business Capacity document, however, the Immigrant Entrepreneur is encouraged to meet a Provincial Nominee Program Officer to discuss the proposed activity to help ensure the business success and the return of the $100,000 escrow deposit.
Business Planning Documentation
The Business Plan or the alternative (at application) “Business Capacity” document are critical to the application under the Immigrant Entrepreneur Program. A Business Plan will be required, and may be provided with the application or subsequently, but in any case must be provided prior to establishing the business and no more than 2 years after permanent residency is received. A Business Plan is required even where an existing business is to be purchased in order to clarify to the Provincial Government the intended economic benefits of the purchase.
The “Business Capacity” document is accepted with the application, in lieu of a business plan, in recognition of the challenge of providing a quality business plan when one is unfamiliar with the market. The document allows the Province to judge whether you have the capacity to establish a successful business, to provide a reasonable standard of living for you and your family. It is, therefore, a statement of capacity and intent, and will be closely scrutinized as part of the application review process.
The document must use the following format. Each section should be no less than 500 words (it is the clarity and vision presented in the document that counts, not the number of words, but applicants will not be accepted where the document suggests a cursory or casual approach). Document sections must include:
- Business Experience:
The applicant’s (and spouse’s if relevant) personal business experience, including years experience, description of positions and duties, business ownership experience, international trade experience; past annual revenues generated and profitability. Identify specific areas of business strength or advantage.
- Markets:
Products and services with which the applicant (and spouse if relevant) have expertise, and whether those products and services may have relevance to the PEI business environment. Describe any business activities currently active, which may be directly transferrable to PEI, or any markets you have developed which could be accessed from PEI.
- Capacity:
Describe the areas of activity you will explore to identify the most effective business opportunity to suit your experience and skills. Outline the potential investment you plan or intend to make in a PEI business.
Immigrant Entrepreneur Investment
Immigrant entrepreneurs must be prepared to make a minimum business investment of $200,000 to establish a new enterprise. The Business Plan or “Business Capacity” document and $100,000 are to be submitted along with the PNP application. Once the business is established this $100,000 will be returned to the applicant. (For more information refer to "PEI-NP-08 Escrow Agreement").
Business investment refers to investment required to finance the assets and operations of the new enterprise and may include:
- i) start-up costs and early cash flow deficiencies, financed by cash, demand deposits and other liquid assets, held in a business account with a recognized financial institution on PEI, such as a chartered bank, trust company, credit union or brokerage;
ii) inventories and accounts receivable associated with the business start;
iii) licenses, franchises, trade names and other intangible assets necessary to establish/operate the business and purchased from third parties, at arm's length;
iv) machinery, fixtures, tools and other equipment, excluding passenger vehicles;
v) real estate, excluding residential real estate, recreational property, raw land for future development or real estate to be leased primarily to third parties, whether for business or residential uses;
vi) leasehold improvements to leased business premises.
Eligible Business Activity
Active business, refers to a business, which generates revenues by selling goods and/or services at arm's length to third parties and excludes investment holding companies, real estate rental operations, loan/investment companies and other non-active investment. Where there is doubt about the eligibility of a proposed business venture, provide the details to a Program Officer in advance.
Where professional credentials or licenses to practice are required to establish or operate the business on PEI, the immigrant entrepreneur will be required to demonstrate, as part of the business plan, that he/she has met, or can reasonably be expected to meet, the conditions precedent to start-up. Contact the Program Officer for advice and assistance.
Evidence of Investment in an Eligible Enterprise
The requirements to be met will provide evidence that the business activity has been initiated, and that the applicant is actively involved in business management. Evidence will be determined on a case by case basis, depending upon the nature of the proposed business assets and operations, following approval of the business plan. Please consult the Provincial Nominee Office.
Escrow Agreement
This Agreement sets out the terms and conditions of the Immigrant Entrepreneur’s application for permanent residency under this category. Immigrant Entrepreneurs must sign, date and submit two copies of the Escrow Agreement, with their Prince Edward Island PNP application. Along with this Agreement, the applicant shall also submit, to IIDI, the sum of One Hundred Thousand Dollars ($100,000 Cdn), payable to Island Investment Development Inc., to be held by IIDI in escrow on the terms set forth herein, and the Applicant shall also, prior to nomination, provide evidence of the availability of an additional $100,000 Canadian, to initiate a new Prince Edward Island based business. The $100,000 will be returned to the Applicant, without interest, provided he/she has abided by the terms and conditions of the Escrow Agreement.
Good Faith Deposit
In applying to immigrate to Canada under the PEI Nominee Program, the applicant certifies the intention of settling in PEI. As evidence of good faith, the Province requires that the applicant will place, in trust, with the Government of PEI a $25,000 performance deposit, which is fully refundable, without interest, one year after landing provided that the immigrant entrepreneur can demonstrate to the satisfaction of the Province that:
- i) the business is fully operational, selling goods and/or services at arm's length to unrelated third parties; and
ii) the immigrant entrepreneur and his/her family maintain a residence on PEI.
Evidence that a business is fully operational may include, for example:
- a visit to the business premises;
- an examination of the books and records of the enterprise
- examination of financial statements, independently prepared/reviewed by an independent chartered accountant or certified general accountant
- tax returns to the Canada Customs and Revenue Agency or the Provincial Treasury;
- or other corroboration.
Evidence that a residence is maintained in PEI may include, for example:
- a pre-arranged visit to establish that the dwelling is owned/leased and occupied by the immigrant family;
- local employment;
- utility bills;
- rental receipts;
- property tax records;
- registration of any children at a local school or daycare facility;
- community corroboration and so forth.
Costs which may be associated with establishing ( i.) and ( ii.) as required by the Province, are for the account of the immigrant entrepreneur.
Where the immigrant entrepreneur is unable to establish that the criteria cited under ( i.) and ( ii.) have been met to the satisfaction of the Province, the deposit of $25,000 will be forfeited.
It is a serious offence under the Immigration and Refugee Protection Act and Regulations to falsify any documentation to be used by an immigrant to achieve permanent resident status as a nominee or otherwise.
Immigrant “Connections” Category Provincial Nominees
There is qualifying criteria, for the “Champions”, the people who can make such a recommendation, as well as who can be nominated, but in principle, we are looking for people and families, who you believe can earn a living on PEI , and who will make a long term, meaningful commitment to your life and to the broader community.
This is an honour-based program. Champions are not required to sign a formal agreement or provide a financial guarantee.
Champions simply commit to make the arrangement work, to the best of their ability. We believe that you will make it work, because it is your close family connections, that are reuniting, .
Family Connections Eligible family to nominate or sponsor includes:
- mother or father
- daughter or son
- brother or sister
- niece or nephew
- aunt or uncle
- grandchild
- grandfather or grandmother
- first cousin or
- step relative or in-law of the same level
Qualifying Criteria for Champions
“Champions” eligible to nominate “Connections” to PEI require the following
- be a Canadian citizen or a Permanent Resident who has lived in Prince Edward Island for more than two years
- have a regular source of income sufficient for their needs and their dependents
- have a generally unblemished personal history.
- Testimonials from other PEI residents or evidence of volunteer work or community service are beneficial but not essential.
The Champion will make an informal, but written commitment, that they will take every possible action to ensure that the nominee is integrated into the Prince Edward Island community.
Qualifying Criteria for Nominees
The following criteria apply to the Connections Nominee:
- must prove they are among the eligible family members and can prove the relationship to the Champion
- Unless an older parent, the individual must have an offer of employment or, in the view of the Province, have a clearly identified capacity to work on PEI.
- The intent to live on Prince Edward Island
- The individual and dependent family is in good health.
- The individual and dependent family does not have a criminal record.
Process
- Filling out the necessary forms and providing the necessary documents is up to the Champion and the applicant.
- When complete, to the best ability of the Champion, a PNP Program Officer and the Champion will review the paperwork together for any missing information.
- All decisions to nominate are the responsibility of the PEI Nominee Office; the decision made by the Nominee Office will be final.
- After PEI has nominated, the file is sent by the applicant to the appropriate Citizenship and Immigration Canada (CIC) consulate.
- CIC then reviews the files and the necessary medical and security checks are completed. Although unusual, it is possible for the nominee to be refused by the Embassy at this stage.
- Although not always the case, it should be assumed that the immigrant will be required to go for an interview at the Canadian Embassy in the country of origin.
- Should the nominee be living on PEI after nomination, before Permanent Residency is granted, the PNP Program Officer will write a letter of support for a work permit.
Applicant Fees
Immigrant Connections applicants are required to pay an application fee of $250.00 to the Provincial Nominee Program.
Skilled Worker Program Nominee Criteria
- A score in the vicinity of 50 on our Self Assessment form, (PEI NP 01) - we recommend after completing the Self Assessment, the candidate undergo a credentials assessment as education and training requirements may need to be upgraded. Assessments for Designated Trades
- Education and training consistent with the position offered - having your credentials assessed to Canadian standards for regulated occupations, (Regulated Industries in Canada) is strongly recommended as education and training requirements can differ greatly from country to country.
Visit Citizenship and Immigration Canada for more information.
The PEI Newcomers Association also has information on this issue, and other services to help people get settled on PEI. info@peianc.com
You will find additonal links below under Foreign Credential Recognition for Professionals and trades. - A bona fide offer of employment from a local employer - Once you have a bona fide offer of employment from a local employer, please complete the Pre Assessment Form (PEI NP 02) and submit it to this office for review. A bona fide offer of paid employment, at prevailing market rates, from a PEI employer is a requirement for our Provincial Nominee Program. The job must be in your field of study and/or experience, and the employer must be able to prove they have been unable to fill the position after advertising both provincially and nationally. Please note, you may be asked to visit PEI for a pre-employment interview.
- A moderate command of English, and/or French language if required for the position.
- The intention to settle in Prince Edward Island - At the request of the company, the PEI PNP Office will support issuance of a temporary work permit (from Citizenship and Immigration Canada) to allow the prospective immigrant to accept employment and to assess whether the applicant and their family will be able to settle successfully in PEI.
Prince Edward Island Provincial Nominee Program =>
Prince Edward Island Provincial Nominee Program
Prince Edward Island Provincial Nominee Program:
Prince Edward Island Provincial Nominee Program =>
Prince Edward Island Provincial Nominee Program
Under the Agreement for Canada-Prince Edward Island Co-operation on Immigration, the Prince Edward Island Provincial Nominee Program (PEIPNP) is a Federal-Provincial partnership between the Province of Prince Edward Island, represented by Island Investment Development Inc. (IIDI), and the Government of Canada, represented by Citizenship and Immigration Canada (CIC).
The Prince Edward Island Provincial Nominee Program expedites immigration to Canada for individuals and their families who meet provincial criteria in support of the following initiatives:
- Increased business and economic development
- Increased supply of skilled workers
- Increased population
- Achievement of provincial demographic, social and cultural objectives
The purpose of the Prince Edward Island Provincial Nominee Program is to select individuals who appear to be suitable for immigration to Prince Edward Island. While it is important that the Prince Edward Island Provincial Nominee Program process be transparent to all parties, applicants must also understand that it is Prince Edward Island’s right and responsibility to select applicants who appear to fit the province’s unique economy and culture.
The Prince Edward Island Provincial Nominee Program’s decision is made only after reviewing the application forms and all supporting documents to determine whether the applicant has an appropriate personal and family history and the capacity to integrate into the local community, based on a combination of education, age, language, experience and adaptability.
The Prince Edward Island Provincial Nominee Program is a shared responsibility, whereby the Province recruits, selects and nominates qualified immigrant applicants, with the Federal government completing security and health background checks and giving final approval. The Prince Edward Island Provincial Nominee Program is equivalent to an “immigrant class”; therefore, Prince Edward Island rules apply, rather than those relating to the familiar Canadian immigrant classes.
At this time, there are four categories under the Prince Edward Island Provincial Nominee Program. You are encouraged to read about the individual categories to understand which suits your skills and ability to qualify as a potential immigrant applicant under the Prince Edward Island Provincial Nominee Program.
The four categories under the Prince Edward Island Provincial Nominee Program are as follows:
- Immigrant Partner Category – A principal applicant who proposes to make an investment in an existing Prince Edward Island company and to take an active role in that company as a director or senior manager.
- Immigrant Entrepreneur Category – A principal applicant who proposes to establish a viable, new business in Prince Edward Island.
- Immigrant Connections Category – A principal applicant suggested by a Prince Edward Island based “champion” who meets settlement and employability criteria.
- Skilled Worker Category – A principal applicant with specialized skills and experience who fills a labour market need in Prince Edward Island.
Immigrant Partner Criteria Detail
Business Ownership
If a Principal Applicant is self-employed they must provide:
- Business registration documents
- Business’ tax records for each year the business is in operation for the most current five-year period.
- Work contracts, if applicable
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
Children’s Information
- Children’s birth certificates, which name their parents
- Adoption papers for adopted dependent children
- Proof of custody for children under the age of 18 and proof that the children may be removed from the jurisdiction of the court
- If the children will not accompany you to Canada, proof that you have fulfilled any obligation stated in custody agreements
- Poof of continuous full-time studies of all dependent children aged 22 or over, including:
- Complete school records/transcripts since attaining age 22
- Letters from the schools indicating the number of hours of classes attended per day, and the number of days attended per week
- Proof of full financial support by parents since reaching age 22
Education
A minimum education requirement of grade 12 is required. High school graduation certificate will be required as well as other post secondary educational degrees, diplomas, certificates and professional licenses or certificates. Official transcripts showing school(s) attended, courses taken and duration of program(s) will also be required. Applicants are required to submit documentation for the highest level of education obtained. (Example: If applicant has a university degree, high school documents would not be required.)
Employment
Original letters of reference for work experience within the past 10 years for the principal applicant.
- Each letter must include:
- Specific period of employment with the company (start and end dates)
- Position(s) held, and time spent in each position
- List of tasks/duties and main responsibilities in each position
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
- Signature of an authorized representative of the company (name and title), where possible.
OR
Self-employed must provide:
- Business registration documents
- Business’ tax records for each year the business is in operation for the most current five-year period.
- Work contracts, if applicable
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
AND
Management Criteria
- Provide evidence of transferrable business management experience, such as resume, or equivalent, clearly showing duties and responsibility number of staff supervised, number of years in position, training and recruitment roles; financial responsibilities, budget allocation and decision making, etc.
- Provide an executive summary of the company that the principal applicant is currently working for including but not limited to, what the company is, products and/or services offered, organizational structure, annual revenues of the company, annual revenues for the operation managed by the applicant.
Good Faith Deposit
In applying to immigrate to Canada under the Prince Edward Island Provincial Nominee Program, the applicant certifies the intention of settling in Prince Edward Island.
As evidence of good faith, the Province of Prince Edward Island requires the principal applicant to pay a $25,000.00 Canadian dollar deposit which is fully refundable, without interest, one year after landing provided that the Immigrant Partner can demonstrate to the satisfaction of the Province that:
- The Immigrant Partner is active in the investee company as a director or senior management employee; and
- The Immigrant Partner and his/her family maintain a residence in Prince Edward Island. Evidence that the Immigrant Partner is active in the investee company as a director or senior management employee will take the form of a declaration to this effect by the Chair of the Board of Directors and the Chief Executive Officer on behalf of the investee company, and the Immigrant Partner.
Evidence that a residence is maintained in Prince Edward Island may include:
- A pre-arranged visit to establish that the dwelling is owned/leased and occupied by the immigrant family;
- Local employment;
- Utility bills; rental receipts; property tax records;
- Registration of any children at a local school or daycare facility;
- Community corroboration and so forth.
Identity/Status Information
- Current photo for principal applicant, spouse and dependents (clear copies of photo)
- Birth certificate for principal applicant and spouse
- Marriage certificate
- Death certificate (of former spouse if applicable)
- Divorce certificate or proof of separation
- South Korea – Family Census Register
- China – Household Register
Language
All documents, if not in English or French, must include a notarized translation.
Application and interviews will be accepted/conducted in English or French. If the principal applicant does not have English or French then the application may still be accepted.
Principal applicants without English or French must make a $20,000.00 Canadian dollar Language Deposit and agree to study English and/or French. The Language Deposit is fully refundable one (1) year after official landing date in Canada; providing the principal applicant has met the following conditions for refund:
- Attained a certificate stating the principal applicant has an attained minimum of Canadian Language Benchmark of Level 3, in all four skills, speaking, listening, reading, and writing. The certificate and testing must be done at an accredited facility on Prince Edward Island.
- Maintained a residence in Prince Edward Island for a minimum period of one (1) year. Copies of rental agreement, property tax, utility bills, school registration and community involvement, bank statements, letter from an employer, are some of the documents that may be requested.
If the principal applicant is unable to fulfill the requirements, the deposit will be forfeited.
Moderate Proficiency (Stage I - CLB Levels 3-4)
The range of abilities needed to communicate in common and predictable settings to meet basic needs and to carry out everyday activity. A curriculum aligned to the Benchmarks and targeting the language proficiencies of stage 1 learners would focus on topics of immediate personal relevance.
- Speaking:
- You can communicate with some confidence on familiar topics, can communicate facts and ideas in some detail, and demonstrate a range of everyday vocabulary.
- You can communicate with some confidence on familiar topics, can communicate facts and ideas in some detail, and demonstrate a range of everyday vocabulary.
- Listening:
- You can follow main ideas, identify key words and important details in face to face formal and informal conversations, can understand a range of common vocabulary and can understand questions that are based on common experience and general knowledge.
- You can follow main ideas, identify key words and important details in face to face formal and informal conversations, can understand a range of common vocabulary and can understand questions that are based on common experience and general knowledge.
- Reading:
- You can follow main ideas, key words and important details in a short text using plain language, can read printed or legible hand written notes, memos, or letters and can get new information about familiar topics from reading factual texts.
- You can follow main ideas, key words and important details in a short text using plain language, can read printed or legible hand written notes, memos, or letters and can get new information about familiar topics from reading factual texts.
- Writing:
- You can effectively convey familiar information in standard formats, can write a one or two paragraph composition, and can reproduce information received orally or visually.
- You can effectively convey familiar information in standard formats, can write a one or two paragraph composition, and can reproduce information received orally or visually.
Net Worth
Please be advised that the Schedule 6 form must be a complete and current statement of the total personal net worth of both the principal applicant and spouse. All assets and liabilities must be disclosed.
We require supporting documents as evidence to verify $400,000.00 net worth as per Prince Edward Island Provincial Nominee Program guidelines.
The Prince Edward Island Provincial Nominee Office reserves the right to request full supporting documentation to confirm or verify source of and/or accumulation of funds.
Listed below are the requirements for the different types of assets.
- Bank accounts: Bank statements and transaction records for the most current 6 month period.
- Fixed term deposits: A 6 month detailed transaction statement from financial institution confirming amount, ownership, value, date of deposit and date of maturity.
- Property: Our office will only accept a title deed for proof of ownership along with a valid, current property appraisal to confirm value of the property. Please note title deed is the only document we will accept as proof of property ownership, no exceptions.
- Please ensure when listing properties on the Schedule 6 that they are listed for easy matching of documentation, referencing the property/plot number as shown on deed. Property must be owned solely by principal applicant and/or spouse.
- Stocks and Other Investments: Provide a notarized investment summary detailing the number of shares held, adjusted cost base (original cost) and current market value supported by a copy of the share certificate. Based on the availability of the information requested above, Prince Edward Island Provincial Nominee office reserves the right to request additional documentation, if applicable.
- Business: The principal applicant and spouse must disclose all business ownership. T This section must be completed, ensuring the business' name; % owned; current book value and current estimated market value.
- If using the business to meet the net worth requirement the principal applicant must provide the most recent audited financial statements and notarized/certified translation.
- 70 30 30 Rule
- Assets belonging to a business may be considered as personal assets, for the purpose of this application, according to the following rule: The applicant, or the applicant and spouse in combination must own a minimum of 70% or the equity in the business(s);
- No more than 30% of net corporate assets may be considered as personal net worth; and
- No more than 30% of the $400,000.00 personal net worth requirement, or $120,000.00, may consist of corporate net assets as per this rule.
- Assets belonging to a business may be considered as personal assets, for the purpose of this application, according to the following rule: The applicant, or the applicant and spouse in combination must own a minimum of 70% or the equity in the business(s);
- If using the business to meet the net worth requirement the principal applicant must provide the most recent audited financial statements and notarized/certified translation.
- Pensions and Other assets: Pension, insurance and other funds held by third parties are not accepted unless unambiguous evidence is provided to indicate the specific amount available on a specific date, along with a clear, written statement from the agency holding the funds that the funds may be cashed or otherwise realized on that date.
- Private loans and/or gifts will not be accepted.
- Liabilities and Other personal debts: All liabilities must be disclosed and current supporting documentation is required.
Passport/Travel Documents
Passport and/or travel documents for principal applicant, spouse and dependent children with copy showing the passport number, date of issue, expiration, photo, name, date and place of birth.
Proof of Relationship in Canada
Proof of relationship to any close relative in Canada, such as birth, marriage or adoption certificates and proof of that person’s status in Canada; photocopy of the Permanent Resident Card, or proof of Canadian citizenship such as photocopy of pages of Canadian Passport or Canadian Citizenship Card.
Prince Edward Island is seeking entrepreneurs with the skills and drive - and the marketable concepts - to be successful in PEI’s unique environment. If you have the strengths and experience, applying to the PEI Nominee Program in the Immigrant Entrepreneur category is a good choice: if your business concept matches our strengths, PEI wants you - and wants you to be successful. And that can make a big difference.
What PEI Offers to Prospective Entrepreneurs:
- An educated, skilled workforce with good work ethic and low turnover;
- A market of 2 million people in Atlantic Canada, with 300 million more North Americans within reach;
- A strong core of businesses and institutions supporting bio-science, aerospace, information and communication technologies and other sectors;
- Exceptional agricultural and ocean resources;
- Approximately 1 million tourist visitors each year and a great tourist product with yet undeveloped Asian markets;
- Strong cultural industries, with many artists, musicians, writers;
- Access to the North American Free Trade zone;
- Close proximity to New York, Boston and Toronto;
- Affordable labour and housing costs;
- World class technological infrastructure;
- Overlapping time zones with Europe and Asia;
- Responsive government;
- The opportunity, through the Immigrant Connections category, to bring the skilled and special people you need to make your venture successful.
Immigrant Entrepreneur Criteria
- A minimum net worth of $400,000.
- Willingness to invest a minimum of$200,000 to establish a new enterprise (or to purchase no less than 33% of an existing business).
- A business plan or ”Business Capacity” document to demonstrate that the Immigrant Entrepreneur has the capacity to establish a successful business in the Prince Edward Island business environment.
- Payment of a $100,000 business investment deposit, which is held in escrow and returned to the applicant after one year’s residency and the establishment of the business;
- Immigrant Entrepreneurs are also required to place $25,000 in escrow with the Government of PEI as a good faith deposit. This deposit also gets returned after applicant has resided for one year in PEI.
- Immigrant Entrepreneurs (Partners) whose capacity in English or French is insufficient to be interviewed in that language are required to place $20,000 in escrow with the Government of PEI. This language deposit will be returned, should the applicant demonstrate moderate language skills, in English or French, after arrival in PEI.
- A combination of age, education, language skills and transferrable management skills. The ideal candidate to the PEI PNP is/has:
- less than 55 years of age;
- a minimum 14 years of education, including one (or more) post-secondary certificates or degrees;
- capable of being interviewed in English or French;
- has several years of management (or, preferably, business ownership) experience in a sector with relevance to the PEI economy.
- less than 55 years of age;
- PEI will accept applicants who are not yet able to speak English or French - some of our finest applicants fall into this category - but, lack of skills in one of these languages must be offset by strengths in education or transferrable management skills. Similarly, exceptional transferrable management skills may offset a lack of post-secondary education.
Applicant Fees
Immigrant Entrepreneurs are required to submit an application fee of $2,500 with their application.
Starting Your Business
Immigrant Entrepreneurs are required to establish or purchase a business in PEI within two years of receiving permanent residency status. The business may be in any legal sector, and does not necessarily, have to be that indicated in the Business Capacity document, however, the Immigrant Entrepreneur is encouraged to meet a Provincial Nominee Program Officer to discuss the proposed activity to help ensure the business success and the return of the $100,000 escrow deposit.
Business Planning Documentation
The Business Plan or the alternative (at application) “Business Capacity” document are critical to the application under the Immigrant Entrepreneur Program. A Business Plan will be required, and may be provided with the application or subsequently, but in any case must be provided prior to establishing the business and no more than 2 years after permanent residency is received. A Business Plan is required even where an existing business is to be purchased in order to clarify to the Provincial Government the intended economic benefits of the purchase.
The “Business Capacity” document is accepted with the application, in lieu of a business plan, in recognition of the challenge of providing a quality business plan when one is unfamiliar with the market. The document allows the Province to judge whether you have the capacity to establish a successful business, to provide a reasonable standard of living for you and your family. It is, therefore, a statement of capacity and intent, and will be closely scrutinized as part of the application review process.
The document must use the following format. Each section should be no less than 500 words (it is the clarity and vision presented in the document that counts, not the number of words, but applicants will not be accepted where the document suggests a cursory or casual approach). Document sections must include:
- Business Experience:
The applicant’s (and spouse’s if relevant) personal business experience, including years experience, description of positions and duties, business ownership experience, international trade experience; past annual revenues generated and profitability. Identify specific areas of business strength or advantage.
- Markets:
Products and services with which the applicant (and spouse if relevant) have expertise, and whether those products and services may have relevance to the PEI business environment. Describe any business activities currently active, which may be directly transferrable to PEI, or any markets you have developed which could be accessed from PEI.
- Capacity:
Describe the areas of activity you will explore to identify the most effective business opportunity to suit your experience and skills. Outline the potential investment you plan or intend to make in a PEI business.
Immigrant Entrepreneur Investment
Immigrant entrepreneurs must be prepared to make a minimum business investment of $200,000 to establish a new enterprise. The Business Plan or “Business Capacity” document and $100,000 are to be submitted along with the PNP application. Once the business is established this $100,000 will be returned to the applicant. (For more information refer to "PEI-NP-08 Escrow Agreement").
Business investment refers to investment required to finance the assets and operations of the new enterprise and may include:
- i) start-up costs and early cash flow deficiencies, financed by cash, demand deposits and other liquid assets, held in a business account with a recognized financial institution on PEI, such as a chartered bank, trust company, credit union or brokerage;
ii) inventories and accounts receivable associated with the business start;
iii) licenses, franchises, trade names and other intangible assets necessary to establish/operate the business and purchased from third parties, at arm's length;
iv) machinery, fixtures, tools and other equipment, excluding passenger vehicles;
v) real estate, excluding residential real estate, recreational property, raw land for future development or real estate to be leased primarily to third parties, whether for business or residential uses;
vi) leasehold improvements to leased business premises.
Eligible Business Activity
Active business, refers to a business, which generates revenues by selling goods and/or services at arm's length to third parties and excludes investment holding companies, real estate rental operations, loan/investment companies and other non-active investment. Where there is doubt about the eligibility of a proposed business venture, provide the details to a Program Officer in advance.
Where professional credentials or licenses to practice are required to establish or operate the business on PEI, the immigrant entrepreneur will be required to demonstrate, as part of the business plan, that he/she has met, or can reasonably be expected to meet, the conditions precedent to start-up. Contact the Program Officer for advice and assistance.
Evidence of Investment in an Eligible Enterprise
The requirements to be met will provide evidence that the business activity has been initiated, and that the applicant is actively involved in business management. Evidence will be determined on a case by case basis, depending upon the nature of the proposed business assets and operations, following approval of the business plan. Please consult the Provincial Nominee Office.
Escrow Agreement
This Agreement sets out the terms and conditions of the Immigrant Entrepreneur’s application for permanent residency under this category. Immigrant Entrepreneurs must sign, date and submit two copies of the Escrow Agreement, with their Prince Edward Island PNP application. Along with this Agreement, the applicant shall also submit, to IIDI, the sum of One Hundred Thousand Dollars ($100,000 Cdn), payable to Island Investment Development Inc., to be held by IIDI in escrow on the terms set forth herein, and the Applicant shall also, prior to nomination, provide evidence of the availability of an additional $100,000 Canadian, to initiate a new Prince Edward Island based business. The $100,000 will be returned to the Applicant, without interest, provided he/she has abided by the terms and conditions of the Escrow Agreement.
Good Faith Deposit
In applying to immigrate to Canada under the PEI Nominee Program, the applicant certifies the intention of settling in PEI. As evidence of good faith, the Province requires that the applicant will place, in trust, with the Government of PEI a $25,000 performance deposit, which is fully refundable, without interest, one year after landing provided that the immigrant entrepreneur can demonstrate to the satisfaction of the Province that:
- i) the business is fully operational, selling goods and/or services at arm's length to unrelated third parties; and
ii) the immigrant entrepreneur and his/her family maintain a residence on PEI.
Evidence that a business is fully operational may include, for example:
- a visit to the business premises;
- an examination of the books and records of the enterprise
- examination of financial statements, independently prepared/reviewed by an independent chartered accountant or certified general accountant
- tax returns to the Canada Customs and Revenue Agency or the Provincial Treasury;
- or other corroboration.
Evidence that a residence is maintained in PEI may include, for example:
- a pre-arranged visit to establish that the dwelling is owned/leased and occupied by the immigrant family;
- local employment;
- utility bills;
- rental receipts;
- property tax records;
- registration of any children at a local school or daycare facility;
- community corroboration and so forth.
Costs which may be associated with establishing ( i.) and ( ii.) as required by the Province, are for the account of the immigrant entrepreneur.
Where the immigrant entrepreneur is unable to establish that the criteria cited under ( i.) and ( ii.) have been met to the satisfaction of the Province, the deposit of $25,000 will be forfeited.
It is a serious offence under the Immigration and Refugee Protection Act and Regulations to falsify any documentation to be used by an immigrant to achieve permanent resident status as a nominee or otherwise.
Immigrant “Connections” Category Provincial Nominees
There is qualifying criteria, for the “Champions”, the people who can make such a recommendation, as well as who can be nominated, but in principle, we are looking for people and families, who you believe can earn a living on PEI , and who will make a long term, meaningful commitment to your life and to the broader community.
This is an honour-based program. Champions are not required to sign a formal agreement or provide a financial guarantee.
Champions simply commit to make the arrangement work, to the best of their ability. We believe that you will make it work, because it is your close family connections, that are reuniting, .
Family Connections Eligible family to nominate or sponsor includes:
- mother or father
- daughter or son
- brother or sister
- niece or nephew
- aunt or uncle
- grandchild
- grandfather or grandmother
- first cousin or
- step relative or in-law of the same level
Qualifying Criteria for Champions
“Champions” eligible to nominate “Connections” to PEI require the following
- be a Canadian citizen or a Permanent Resident who has lived in Prince Edward Island for more than two years
- have a regular source of income sufficient for their needs and their dependents
- have a generally unblemished personal history.
- Testimonials from other PEI residents or evidence of volunteer work or community service are beneficial but not essential.
The Champion will make an informal, but written commitment, that they will take every possible action to ensure that the nominee is integrated into the Prince Edward Island community.
Qualifying Criteria for Nominees
The following criteria apply to the Connections Nominee:
- must prove they are among the eligible family members and can prove the relationship to the Champion
- Unless an older parent, the individual must have an offer of employment or, in the view of the Province, have a clearly identified capacity to work on PEI.
- The intent to live on Prince Edward Island
- The individual and dependent family is in good health.
- The individual and dependent family does not have a criminal record.
Process
- Filling out the necessary forms and providing the necessary documents is up to the Champion and the applicant.
- When complete, to the best ability of the Champion, a PNP Program Officer and the Champion will review the paperwork together for any missing information.
- All decisions to nominate are the responsibility of the PEI Nominee Office; the decision made by the Nominee Office will be final.
- After PEI has nominated, the file is sent by the applicant to the appropriate Citizenship and Immigration Canada (CIC) consulate.
- CIC then reviews the files and the necessary medical and security checks are completed. Although unusual, it is possible for the nominee to be refused by the Embassy at this stage.
- Although not always the case, it should be assumed that the immigrant will be required to go for an interview at the Canadian Embassy in the country of origin.
- Should the nominee be living on PEI after nomination, before Permanent Residency is granted, the PNP Program Officer will write a letter of support for a work permit.
Applicant Fees
Immigrant Connections applicants are required to pay an application fee of $250.00 to the Provincial Nominee Program.
Skilled Worker Program Nominee Criteria
- A score in the vicinity of 50 on our Self Assessment form, (PEI NP 01) - we recommend after completing the Self Assessment, the candidate undergo a credentials assessment as education and training requirements may need to be upgraded. Assessments for Designated Trades
- Education and training consistent with the position offered - having your credentials assessed to Canadian standards for regulated occupations, (Regulated Industries in Canada) is strongly recommended as education and training requirements can differ greatly from country to country.
Visit Citizenship and Immigration Canada for more information.
The PEI Newcomers Association also has information on this issue, and other services to help people get settled on PEI. info@peianc.com
You will find additonal links below under Foreign Credential Recognition for Professionals and trades. - A bona fide offer of employment from a local employer - Once you have a bona fide offer of employment from a local employer, please complete the Pre Assessment Form (PEI NP 02) and submit it to this office for review. A bona fide offer of paid employment, at prevailing market rates, from a PEI employer is a requirement for our Provincial Nominee Program. The job must be in your field of study and/or experience, and the employer must be able to prove they have been unable to fill the position after advertising both provincially and nationally. Please note, you may be asked to visit PEI for a pre-employment interview.
- A moderate command of English, and/or French language if required for the position.
- The intention to settle in Prince Edward Island - At the request of the company, the PEI PNP Office will support issuance of a temporary work permit (from Citizenship and Immigration Canada) to allow the prospective immigrant to accept employment and to assess whether the applicant and their family will be able to settle successfully in PEI.
Prince Edward Island Provincial Nominee Program =>
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