X

PEI To Target Entrepreneur Immigrants With Business Impact Draw

Prince Edward Island will conduct a new draw, targeting entrepreneurs through the province’s Business Impact stream on Thursday, October 17.

The Expression of Interest draw will be the 10th of 2019 for what is the province’s only remaining investment immigration category.

The draw is also expected to feature invitations to apply for the provinces Labour Impact and Express Entry streams.


Anticipated 2019 Prince Edward Island Expression of Interest Draw Dates

October 17
November 21
December 19


In the nine draws so far in 2019, PEI has invited 156 Business Impact candidates.


Read More

Prince Edward Island Invites 13 Business Candidates To Apply For Immigration
Invitations Issued Through British Columbia Entrepreneur Immigration Regional Pilot
Ontario Conducts First Entrepreneur Draw In 5 Months


PEI PNP Immigration Draws 2019

Date Category Invites Issued Minimum Score
23-09-2019 Labour Impact/Express Entry 109 N/A

Business Impact 13 115
15-08-2019 Labour Impact/Express Entry 133 N/A

Business Impact 10 112
18-07-2019 Labour Impact/Express Entry 118 N/A

Business Impact 17 112
20-06-2019 Labour Impact/Express Entry 106 N/A

Business Impact 7 112
16-05-2019 Labour Impact/Express Entry 90 N/A

Business Impact 14 107
18-04-2019 Labour Impact/Express Entry 113 N/A

Business Impact 17 107
21-03-2019 Labour Impact/Express Entry 131 N/A

Business Impact 19 110
21-02-2019 Labour Impact/Express Entry 170 N/A

Business Impact 29 117
17-01-2019 Labour Impact/Express Entry 61 N/A

Business Impact 30 120

PEI issued a total of 206 Business Impact invites during 2018, the first year it operated an Expression of Interest system.


Prince Edward Island Business Impact Category

Work Permit Stream

Individuals applying under the P.E.I. Work Permit Stream must obtain a Canadian work permit and work for a P.E.I. business for a certain amount of time as designated in a Performance Agreement.

After the Performance Agreement is fulfilled, the applicant must make a minimum $150,000 investment in the business and commit to managing the business on a daily basis from within P.E.I.

Previously, Prince Edward Island operated direct permanent residence business streams, but these were closed in September 2018 over immigration fraud concerns.

Colin R. Singer: Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca and one of Canada’s foremost senior corporate immigration attorneys. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years.
Related Post
X

Headline

You can control the ways in which we improve and personalize your experience. Please choose whether you wish to allow the following:

Privacy Settings