Prince Edward Island Work Permit Stream

Invest in and manage a business in Prince Edward Island to obtain Canadian permanent residency.

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At a glance

Quick facts

Minimum investment: CA$150,000; Currency: CAD

Typical timeline: 18 months; From application start

Highlights

PEI PNP
Entrepreneur Immigration
Canada PR

~10 sec

Quick eligibility check

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1Do you have a minimum net worth of CAD $600,000?

Yes

2Can you invest at least CAD $150,000 in a PEI business?

Yes

3Do you meet the language requirement (CLB 4)?

Yes

Select answers above to get an instant indication and tailored next steps.

Program overview

The Prince Edward Island (PEI) Work Permit Stream allows experienced entrepreneurs to start or manage a business in PEI and gain Canadian Permanent Residency. It’s designed for investors ready to actively run a business in one of Canada’s most business-friendly provinces.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Estimated program totals

CAD: CA$750,000

Required proof of funds

CAD: CA$0

Detailed fee table

Program fee breakdown with price, timing and notes.
Item	Price	When	Notes
Minimum business investment	CA$150,000	Before application	Invest CAD $150,000 with 33.33% ownership in a PEI business.
Net worth requirement	CA$600,000	Pre-qualification	Verified net worth of CAD $600,000.
Estimated government & admin fees	CA$0	Upon submission	Confirm latest PEI PNP and IRCC fees.

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We’ll share a personalized cost sheet after your pre-screen.

Proof of funds

Settlement and maintenance fundsCA$0
Show funds for settlement as per family size.

Required (CAD): CA$0

Figures are indicative and may change with family size, project selection and program updates.

Eligibility

Net worth of at least CAD $600,000 (legally verified).
Minimum investment of CAD $150,000 with 33.33% ownership.
Age 21–59 years.
High school education or equivalent.
CLB 4 or higher in English or French.
Business plan aligned with PEI’s economic goals.

Key benefits

Direct pathway to Canadian PR through business investment.
Live and operate your own business in Prince Edward Island.
No refundable deposit; invest directly in your business.
Include spouse and dependents for work, study, and PR benefits.
Government support for business setup and settlement.
Stable economy and high quality of life in PEI.

Application process

Process

How it works

6 steps

Step 1: Check Eligibility
Meet PEI’s investment, experience, and language requirements.
GuidedAvg. 2–4 weeks
Step 2: Submit EOI
Create and submit your Expression of Interest valid for six months.
GuidedAvg. 2–4 weeks
Step 3: Receive ITA & Apply
Submit your full application with documents within 60 days.
GuidedAvg. 2–4 weeks
Step 4: Attend Interview & Sign Agreement
Present your business plan and sign the Performance Agreement.
GuidedAvg. 2–4 weeks
Step 5: Obtain Work Permit
Apply for a work permit using the PEI Letter of Support.
GuidedAvg. 2–4 weeks
Step 6: Establish Business & Get Nomination
Start your business in PEI and apply for PR after meeting program terms.
GuidedAvg. 2–4 weeks