Business Impact Category

Business Impact Category is designed for applicants seeking to invest and do business in the province of Prince Edward Island. As of September 20, 2018, there is one option available in this system – Work Permit Stream. Foreign workers seeking to relocate under this category have the opportunity to contribute to a business in this region based on a temporary work permit, which allows you to enter Canada until you receive your Prince Edward Island nomination.

Qualification Requirements for Immigrants under this Category:

  • You need to prove that you have 600,000 or more Canadian dollars (CAD) in your finances;
  • You must have at least the secondary level of education;
  • You must be between 21 – 59 years of age;
  • You must have management experience when you worked for an employer, or the skills to run your own business;
  • Your language skills must meet at least Level 4 on the Canadian Language Benchmark CLB/NCLC (to prove your level, you must submit scores from tests such as IELTS, CELPIP in English, TEF, TEF Canada, TCF in French);
  • You should also strive to live and be employed in this province in setting up and running your business.

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