{"id":9693,"date":"2017-11-27T21:45:26","date_gmt":"2017-11-27T21:45:26","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=9693"},"modified":"2019-02-12T13:58:30","modified_gmt":"2019-02-12T18:58:30","slug":"expression-interest-system-p-e-s-business-impact-program","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/expression-interest-system-p-e-s-business-impact-program\/","title":{"rendered":"Expression of Interest System For P.E.I.\u2019s Business Impact Program"},"content":{"rendered":"

A new Expression of Interest format will be introduced from the start of 2018 for receiving applications to the Prince Edward Island Business Impact program.<\/p>\n

\"ExpressionCandidates for Prince Edward Island immigration<\/a> will be asked to submit their EOIs, which will be scored out of 200 based on a number of factors including business experience, language, adaptability, age and education.<\/p>\n

The system will also award up to 35 points where the candidate has secured a community endorsement. To gain an endorsement, candidates must have visited the community, secured a letter from that community and plan to start their business in that community.<\/p>\n

Officials from P.E.I. will select applicants based on their points score, and also on the needs of local business markets, industry sectors or diversity.<\/p>\n

Profiles will be valid for six months in the pool, with a renewal option for another six months. As with the federal government Canada Express Entry<\/a> system, candidates will be able to update their profiles in the pool to increase their score.<\/p>\n

Points Available: P.E.I. Business Impact Expression of Interest<\/h3>\n\n\n\n\n\n\n\n\n\n\n
Factor<\/b><\/td>\nMaximum Points<\/b><\/td>\n<\/tr>\n
Business Experience<\/td>\n50<\/td>\n<\/tr>\n
Language<\/td>\n40*<\/td>\n<\/tr>\n
Community Endorsement<\/td>\n35<\/td>\n<\/tr>\n
Adaptability<\/td>\n35<\/td>\n<\/tr>\n
Age<\/td>\n20<\/td>\n<\/tr>\n
Education<\/td>\n20<\/td>\n<\/tr>\n
Maximum<\/b><\/td>\n200<\/b> (210 with bonus language points)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

* 10 bonus points for strong second language<\/p>\n

\n

The P.E.I. Business Impact program features three streams: 100% Ownership, Partial Ownership and Work Permit.<\/p>\n

100% Ownership Stream: Eligibility<\/h3>\n