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British Columbia investment program

Key details of BC Provisional Nominee Program

Investment criteria

  • Investor to have a personal net worth of at least CAD$600,000
  • If invited to apply, investor must include a review of personal net worth completed by a qualified accounting firm
  • Propose a business plan that has a strong likelihood of sustained commercial viability
  • As part of the business plan, propose to make a minimum personal investment of CAD$200,000 in eligible expenses and create at least one new job in the proposed B.C. business
  • If investor proposes a Key Staff as part of the application, the investment requirement increases to CAD$400,000 and the job creation to three
  • Demonstrate that investor will have an active management role in the day-to-day operations of the business in B.C.

Timeline

  • 3 to 4 months for invitation
  • 18 to 20 months for work permit approval
  • Post this, 6 to 7 months Permanent Residence application to be approved

Eligibility

  • Successful and experienced: Investor is knowledgeable and have a strong background in the sector of the proposed business in B.C.
  • Investment-ready: Investor have transferable skills, experience and investment funds, and are ready to execute the business proposal
  • Prepared: Investor understands how they can make proposed business profitable, the risks, the local business conditions and the required resources
  • Confidence : Investor to have confidence in business ventures
  • Adaptable: Investor can demonstrate the due diligence have been undertaken to fully understand the local business environment

Benefits of BC Provisional Nominee Program

  • Access to all rights of an Canada citizen protected by Canadian legislation and regulations,
  • Earlier entry for business immigration
  • Retain control of the funds actively by the investor
  • No language proficiency levels required
  • No need to have new minimum net worth and investment requirements of the Federal Investor Program
  • Inclusion of family members, such as spouse or partner, dependent children and dependent parents.
  • Selection into the programme leads directly to Permanent residency

Processing Workflow of Application



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