British Columbia
The British Columbia Provincial Nominee Programmes (BC PNP) oversee the immigration of British Columbia entrepreneurs. Different Canadian provinces run a Provincial Nominee Programme. The British Columbia Entrepreneur immigration stream draws prospective foreign national immigrants with the necessary experience to own, invest in, and run enterprises in the province of British Columbia using their resources and knowledge.
The BC Entrepreneur stream solicits nominations from individuals who have the greatest potential to significantly boost the province’s economy. Senior managers and business owners who wish to invest in British Columbia are the main objectives.
It is a great immigration method for those who meet the requirements and want to live permanently in Canada. The British Columbia Entrepreneur PNP is an option for high-net-worth persons who want to start a business and live in the province of British Columbia. Other immigration streams covered by the BC PNP include:
- Base Category for BC Entrepreneurs
- Regional Entrepreneur Pilot Programme in BC
Eligibility requirements under the BC Entrepreneur
- You should be eligible if you have a lawfully attained net worth of at least $600,000.
- You must contribute at least $200,000 to a British Columbian-qualified firm, whether it is new or already operating.
- You must provide at least one Canadian national or permanent resident with the option to work full-time.
- You must be at least CLB (Canadian Language Benchmark) Level 4 in each of the four language skills—listening, reading, writing, and speaking—in either English or French.
- Three to five years of managerial or corporate experience are required.
- You ought to be qualified for a legal status of temporary immigration to Canada.
- Be a valid citizen of the nation where you are presently residing.
- You should be eligible if you have a lawfully attained net worth of at least $600,000.
How to apply for British Columbia PR
The processes for obtaining a permanent residency through the Entrepreneur Stream of immigration and settling in British Columbia are as follows:
- Step 1: Register yourself
Online registration forms should be filled out and accompanied by a brief company concept paper. Pay the $300 non-refundable fee. The candidates will receive a score based on their qualifications and be retained in a pool of applicants for the following six months or until they receive an invitation from the authorities.
- Step 2: Get an Invitation
British Columbia often conducts drawings. For the Entrepreneur stream, on average, one draw is held each month. The candidates receive points based on their age, employment history, and level of language competence. While still in the pool, candidates have the opportunity to raise their scores by proposing a fresh business idea. Candidates have four months from the time they get an invitation to apply to submit their whole applications.
- Step. 3 Review your net worth.
You must have your net worth assessed by a CIC-designated professional chartered accountant as soon as you get an invitation to apply. The quantity and source of cash and the supporting documentation must be included in the examination of net worth. All expenses related to the evaluation of the applicant’s net worth would be their responsibility.
- Step. 4 Submit the completed application.
Those who are selected for an invitation have four months to submit their entire applications. The prospects might also need to show up for an interview. A performance contract between the approved candidates and British Columbia should be signed. After that, the candidates will have 20 months to put their company plans into action.
- Step 5. Establishing the Business
Applying for a two-year work permit via Immigration, Refugees and Citizenship Canada (IRCC) is the last stage in the Entrepreneur stream. Within a year after obtaining a letter of confirmation, the accepted candidates must fly to British Columbia with a valid work visa and the designated dependents. The BC Provincial Nominee Programmes (BC PNP) must receive a final report from the applicant before the conclusion of the time frame.
- Step 6: Permanent Residence Nomination
Later, the applicants and their dependents (if any) who adhere to the requirements of their performance agreement are nominated by the province of British Columbia for Canadian permanent residency.
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How can Izago Immigration help you?
Izago Immigration offers comprehensive assistance to individuals seeking to immigrate to British Columbia through various Provincial Nominee Program (PNP) streams. These streams often have stringent standards, leading to a high application refusal rate for those not prepared and filed correctly. Our expertise lies in guiding applicants through these complex processes and intricate documentation requirements, increasing the chances of successfully obtaining a British Columbia visa.
Our team of seasoned Immigration Experts has assisted numerous families in successfully relocating to British Columbia through the BC PNP Tech and Skilled Worker streams. With their proficiency and experience, they can thoroughly assess your unique case and recommend the most suitable approach to cater to your immigration needs.
Having been a prominent figure in the immigration industry for over 16 years, Izago Immigration has garnered a wealth of positive reputation and extensive experience. We have consistently supported a diverse range of aspiring immigrants in realizing their dreams of moving to British Columbia.
As a top-tier brand in the Immigration sector, Izago Immigration stands out as a highly dependable immigration firm with an impressive track record of facilitating thousands of successful visa applications. Several key factors contribute to our status as the premier Immigration Consultant for obtaining a British Columbia visa:
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For those aspiring to secure a British Columbia visa, Izago Immigration emerges as the ultimate partner, offering expertise, reliability, and a history of successful outcomes. Our dedication to excellence and commitment to applicants’ success sets us apart in the field of immigration consultancy. Contact Us Now!