Prince Edward Entrepreneur Program
About Prince Edward Island
Prince Edward is an island province of Canada. It’s the smallest and lowest populated region with the home to only 140,000 people. Prince Edward Island is known for its natural beauty, landscapes, golf courses and a long stretch of beaches. Tourism, farming and fishery are three of the main employment-generation sectors of the Prince Edward Island. The standard of living is comfortable and affordable, with housing costs among the lowest in Canada.
Overview of Prince Edward Entrepreneur Program
Prince Edward Entrepreneur Program is a popular Canada immigration program for business owners and entrepreneurs. It encourages innovation and growth to build economic success. Through this program, the province invites qualified business investors and entrepreneurs to invest and/or run a business in Canada. The applicants are selected on the basis of their experience and capability to establish themselves in Prince Edward Island and promote a commercially viable venture. The Prince Edward Island Entrepreneur Program currently has three streams under which individuals can apply for:
- 100% Ownership Stream
- Partial Ownership Stream
- Work Permit Stream
Requirements of Prince Edward Entrepreneurs Program
A combination of decades of experience in Canada Immigration and thorough knowledge about the entire process gives us an edge over others. We make your transition to Canada really smooth and easy by not only assisting you in filing the applications but also getting your papers validated and helping you out to find the right resources at each step as per the international norms. Please feel free to contact us at 011-41006770 to discuss any query. You may also write to us at email@example.com mentioning your request/doubts and we will get back to you as soon as possible.
- The Prince Edward Entrepreneurs Program requires the applicant to have a minimum of CAD $600,000 CAD of personal net worth.
- The individual must have a relevant management experience and should be able to validate the intention to settle in PEI and actively participate in the ongoing operations of the company.
- Must be open to signing an escrow agreement with the government of the province and submit a CAD $200,000 deposit, which is refunded as soon as the applicant meets certain conditions.
- Proficiency in French or English is expected while applying to any of the streams.