Twelve new communities have been added to British Columbia’s Entrepreneur Immigration Regional Pilot.
The additions mean a total of 44 communities are now signed up to take part in the pilot British Columbia Provincial Nominee Program stream.
BC Entrepreneur Immigration Regional Pilot: New Communities
- 100 Mile House
- Clinton
- Columbia-Shuswap Regional District – Sorrento and Electoral Area C
- Columbia-Shuswap Regional District – Falkland and Electoral Area D
- Columbia-Shuswap Regional District – Malakwa and Electoral Area E
- Columbia-Shuswap Regional District – Scotch Creek and Electoral Area F
- Thompson-Nicola Regional District Area I – Spences Bridge
- Thompson-Nicola Regional District Area M – Nicola Valley North
- Thompson-Nicola Regional District Area N – Nicola Valley South
- Penticton
- Salmon Arm
- Campbell River
The two-year pilot is designed to attract entrepreneurs to establish businesses in smaller communities with populations less than 75,000.
Such smaller communities are facing some of the more acute issues with aging populations and shrinking labour markets.
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Investment and net worth requirements for the Regional Pilot are half of those stipulated for the main British Columbia Entrepreneur stream.
Under the Regional Pilot, candidates are required to invest $100,000, have a net worth of $300,000 and create one job for a Canadian citizen or permanent resident.
The Regional Pilot is only for entrepreneurs wishing to start a new business. Those wishing to purchase an existing business should consider B.C.’s main Entrepreneur Immigration stream.
B.C. Entrepreneur Immigration – Regional Pilot
Important Features
1) Community Involvement
Participation communities are actively involved in attracting the foreign entrepreneur, and helping them settle after arrival.
2) BC PNP Referrals
Communities can refer foreign entrepreneurs to the BC PNP. The candidates must have visited the community and have a business proposal aligned with its economic priorities.
3) Community Concierge
Participating communities have access to the services of a dedicated BC PNP Community Concierge.
4) Invitations and Prioritization
Referred candidates register is a separate BC PNP pool. Monthly invitations are issued to the best scoring candidates. Those invited received priority processing.
Community Requirements
- Population of less than 75,000.
- Located beyond 30km from a municipality of more than 75,000 population.
- Demonstrated capacity to support foreign entrepreneurs with network of settlement and business support agencies.
- Immigration and pilot-specific training must be completed by community representatives.
Candidate Requirements
- Desire to start a business and settle in a B.C. regional community.
- Complete an exploratory visit.
- Minimum of $100,000 in eligible business investments.
- Minimum personal net worth of $300,000.
- Minimum of 51 per cent ownership.
- Minimum of one new job created.
Enrolled Communities By Development Region
New communities in bold
Cariboo
- 100 Mile House
- Mackenzie
- McBride
- Prince George
- Quesnel
- Williams Lake
Kootenay
- Castlegar
- Kimberley
- Nelson
- Regional District of Central Kootenay (Area J)
- Rossland
- Trail
Mainland/Southwest
- Gibsons
- Sechelt
- Squamish
- Sunshine Coast Regional District – Egmont and Pender Harbour (Area A)
- Sunshine Coast Regional District – Halfmoon Bay (Area B)
- Sunshine Coast Regional District – Roberts Creek (Area D)
- Sunshine Coast Regional District – Elphinstone (Area E)
- Sunshine Coast Regional District – West Howe Sound (Area F)
Nechako
- Burns Lake
North Coast
- Terrace
Northeast
- Tumbler Ridge
Thompson-Okanagan
- Barriere
- Clinton
- Columbia-Shuswap Regional District – Sorrento and Electoral Area C
- Columbia-Shuswap Regional District – Falkland and Electoral Area D
- Columbia-Shuswap Regional District – Malakwa and Electoral Area E
- Columbia-Shuswap Regional District – Scotch Creek and Electoral Area F
- Thompson-Nicola Regional District Area I – Spences Bridge
- Thompson-Nicola Regional District Area M – Nicola Valley North
- Thompson-Nicola Regional District Area N – Nicola Valley South
- Merritt
- Penticton
- Salmon Arm
- Vernon
Vancouver Island/Coast
- Campbell River
- Comox
- Comox Valley Regional District – Baynes Sound – Denman/Hornby Island (Area A)
- Comox Valley Regional District – Lazo North (Area B)
- Comox Valley Regional District – Puntledge – Black Creek (Area C)
- Courtenay
- Port Alberni
- Powell River