Syed Khan – 23 August 2021,
On August 17, the British Columbia Provincial Nominee Program draw issued 12 invitations through both the province’s general Entrepreneur stream and its regional pilot. The general stream candidates received 8 invites with a minimum score of 126 points and the regional pilot applicants got less than 5 invites with a minimum score of 129.
Requirements For The B.C. Entrepreneur Category are as follows:
- Having a personal net worth of a minimum $600,000, legally obtained
- Have, or be eligible for, legal temporary immigration status in Canada
- Have been lawfully admitted to the country where you currently reside
- Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading, and writing at the time of submission of nomination
- Suitable business and/or management experience.
- Investing a minimum of $200,000 in an eligible new business (or) purchase and improve an existing business in BC
- Create at least one new full-time job in your business for a Canadian citizen or a permanent resident
About the Entrepreneur Regional Pilot Programme:
This program initially opened in 2019 as a two-year pilot, but has since been extended until 2024 and aims to attract motivated and experienced entrepreneurs to open a business in smaller communities of British Columbia and contribute to their specific labour needs.
Requirements For The Entrepreneur Reginal Pilot Program are as follows:
- Having a minimum net worth of $300,000 legally obtained
- Have a minimum of $100,000 in eligible business investments.
- Have a minimum of 51% ownership in the new business.
- Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading, and writing.
- Create at least one new full-time job for a Canadian citizen or permanent resident.
- Conduct an exploratory visit in the target community
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