Immigrate to Prince Edward Island as an Entrepreneur

100% Ownership Stream

Am I eligible to apply?

To be eligible for nomination through the 100% Ownership stream, you must:

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);
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; and Sign an escrow agreement with the Province and submit a $200,000 deposit, which will be refunded upon you meeting the terms and conditions of the escrow agreement.

Partial Ownership Stream

Am I eligible to apply?

To be eligible for nomination through the Partial Ownership stream you must:
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.
Sign an escrow agreement with the Province and submit a $200,000 deposit, which will be refunded upon you meeting the terms and conditions of the escrow agreement.

Work Permit Stream

Am I eligible to apply?

To be eligible for nomination through the Work Permit stream you must:

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.

Ref: PEI website

Immigration