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British Columbia Nominee Program - Entrepreneur Immigration Strategic Projects Stream

CanadaStarting a business

Explore the five recorded questions, answers and sources for this pathway.

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Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

The Strategic Projects stream is for businesses (foreign corporations) that wish to establish their operations in the province, offering a pathway to permanent residency for current employees of foreign corporations wishing to operate in British Columbia.

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What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The business must demonstrate investment readiness and capacity for international expansion into B.C., must be well-established and in good financial standing, and must create at least three new full-time jobs for a Canadian citizen or permanent resident for each key staff member proposed, up to a maximum of five.

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What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

The business must make a minimum equity investment of at least $500,000 CAD directed towards the corporation's operations in B.C.

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What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

Each key staff member approved will be issued a Letter of Support which they can use to submit their work permit application to IRCC, enabling them and their dependants to move to B.C. The official source does not state the activity restrictions.

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What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

The steps are: attend an information meeting, register the proposal, submit the BC PNP application, apply for a work permit, wait for the nomination decision and submit the IRCC application. After a Letter of Support, the applicant has up to 90 days to apply to IRCC for a work permit and must arrive in B.C. within 6 months of receiving the Letter, then has up to 2 months to submit a completed Arrival Report Form to the BC PNP; a final report is submitted 12 to 24 months after arrival. If satisfied, the BC PNP issues a Confirmation of Nomination after a Conditions of Nomination Declaration is signed, allowing a permanent residence application to IRCC under the Provincial Nominee Class.

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These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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