610, 6th floor ithum tower, sec 62 Noida
610, 6th floor ithum tower, sec 62 Noida
British Columbia Provincial Nominee Programme (BC PNP), a Provincial Nominee Programme (PNP) run by the province of British Columbia, contains a category of immigration streams known as British Columbia Entrepreneur Immigration. The BC Entrepreneur immigration programmes are aimed at foreign nationals who have a track record of running their own enterprises and who want to invest their money and knowledge in business possibilities in British Columbia.
Candidates for BC Entrepreneur immigration must buy a new or existing business in BC and get actively involved in running it on a daily basis. Rich foreign-owned businesses looking to expand into British Columbia as well as rich individuals with experience in company management can both take advantage of the opportunities provided by the entrepreneurial streams. The province of British Columbia will eventually issue a provincial nomination to successful applicants, which will support their requests for permanent residency in Canada.
British Columbia Entrepreneur Immigration consists of three streams:
➤ British Columbia Entrepreneur
➤ British Columbia Entrepreneur Regional Pilot
➤ British Columbia Strategic Projects
The British Columbia Entrepreneur stream focuses on seasoned business managers and owners who want to settle down permanently in British Columbia. Candidates must exhibit both significant personal wealth and management experience. The successful applicants will have to make investments in the acquisition and administration of a brand-new or current BC firm. The applicant qualifies for permanent residency in Canada after demonstrating the operation of a BC business.
The BC PNP’s BC Entrepreneur Regional Pilot Stream is for seasoned business owners who want to invest in and run a company in British Columbia. The program’s member communities in BC must refer applicants.
The successful foreign-owned businesses that British Columbia Strategic Projects targets are those that want to open a new branch or operation in BC. Along with managing sizable staff teams, businesses must demonstrate their capacity to create a big amount of annual income. Successful businesses will need to relocate key personnel to BC in order to run their new proposed operation. These important employees are qualified for permanent residence in Canada after they can demonstrate the efficient operation of their BC business.
The following points-grid is used by the British Columbia Entrepreneur Immigration stream to rank the registered profiles of applicants. Only those applicants who achieve the highest standards of competition will be invited to apply to the programme. Please be aware that a different scoring system is used for the BC Entrepreneur Regional Pilot.
| Scoring Sections | Points |
|---|---|
| Self-declared | |
| Experience | 20 |
| Ownership | 4 |
| Net Worth | 12 |
| Total Personal Investment | 20 |
| Jobs | 20 |
| Regional District | 12 |
| Adaptability | 32 |
| Self-declared SUBTOTAL score | 120 |
| Business concept | |
| Commercial Viability | 30 |
| Transferability of Skills | 20 |
| Economic Benefits | 30 |
| Business concept SUBTOTAL score | 80 |
| Maximum Score Available | 200 |
| Experience Total Duration | Points |
|---|---|
| Business owner-manager experience | |
| Less than 12 months | 0 |
| 12 to 24 months | 4 |
| 25 to 36 months | 6 |
| 37 to 48 months | 12 |
| 49 to 60 months | 15 |
| More than 60 months | 20 |
| Senior manager work experience | |
| Less than 24 months | 0 |
| 24 to 48 months | 4 |
| 49 to 60 months | 8 |
| More than 60 months | 12 |
| Maximum Score Available | 20 |
| Ownership Amount | Points |
|---|---|
| Business ownership | |
| Less than three years of 100% business ownership in the past five years | 0 |
| 100% ownership of a business for at least three of the last five years | 4 |
| Maximum Score Available | 4 |
| Personal Net Worth | Points |
|---|---|
| Your total current assets (cash and liquid funds) | |
| Less than $50,000 | 0 |
| $50,000 to $199,999 | 2 |
| $200,000 to $399,999 | 3 |
| $400,000 or more | 4 |
| Your total personal net worth | |
| Less than $600,000 | 0 |
| $600,000 to $799,999 | 5 |
| $800,000 to $1,999,999 | 6 |
| $2,000,000 to $4,999,999 | 7 |
| $5,000,000 or more | 8 |
| Maximum Score Available | 12 |
| Total Personal Investment | Points |
|---|---|
| Less than $200,000 | 0 |
| $200,000 to $399,999 | 8 |
| $400,000 to $599,999 | 10 |
| $600,000 to $999,999 | 11 |
| $1,000,000 to $1,999,999 | 12 |
| $2,000,000 to $3,999,999 | 14 |
| $4,000,000 to $7,999,999 | 16 |
| $8,000,000 or more | 20 |
| Maximum Score Available | 20 |
| Total Proposed FTE Jobs | Points |
|---|---|
| Less than 1 | 0 |
| 1 job | 8 |
| 2 jobs | 9 |
| 3 jobs | 10 |
| 4 jobs | 11 |
| 5 jobs | 12 |
| 6 jobs | 13 |
| 7 - 9 jobs | 14 |
| 10 - 19 jobs | 16 |
| 20 or more jobs | 20 |
| Maximum Score Available | 20 |
| Location Based on B.C. Regional District | Points |
|---|---|
| 500,000 people or more | 0 |
| 200,000 to 499,999 | 1 |
| 100,000 to 199,999 | 3 |
| 70,000 to 99,999 | 6 |
| 60,000 to 69,999 | 8 |
| 35,000 to 59,999 | 10 |
| Fewer than 35,000 people | 12 |
| Maximum Score Available | 12 |
| Adaptability Factor | Points |
|---|---|
| English language proficiency | |
| None or minimal, similar to CLB 3 and below | 0 |
| Basic understanding, similar to CLB 4 | 2 |
| Intermediate and advanced, similar to CLB 5 and above | 4 |
| Education level | |
| Secondary school or less | 0* |
| Associate degree | 2 |
| Diploma / certificate (non-trades) | 2 |
| Diploma / certificate (trades) | 2 |
| Bachelor’s degree | 5 |
| Post-graduate diploma / certificate | 5 |
| Master’s degree | 8 |
| Doctorate / PhD | 8 |
| Age | |
| Less than 25 | 0 |
| 25 – 34 | 4 |
| 35 – 44 | 8 |
| 45 – 54 | 6 |
| 55 – 64 | 4 |
| 65 or older | 0 |
| Business exploratory visits | |
| No, or visited B.C. more than 3 years ago | 0 |
| Yes, visited B.C. 1 – 3 years ago | 1 |
| Yes, visited B.C. less than 1 year ago, but did not visit the Regional District of the proposed business | 2 |
| Yes, visited the Regional District of the proposed business less than 1 year ago | 4 |
| Canadian work experience, business experience, or studies from within Canada for at least 12 months | |
| No | 0 |
| Yes | 8 |
| Maximum Score Available | 32 |
| Overall Commercial Viability | Points |
|---|---|
| Business model | 10 |
| Unsatisfactory / Unclear | 1 |
| Fair | 5 |
| Good | 10 |
| Market & products/services | 4 |
| Does not satisfactorily address any of the Market/Product factors | 1 |
| Addresses at least one of the Market/Product factors, and is consistent with Business Model | 4 |
| Eligible personal investment | 4 |
| Less than $200,000 or less than $50,000 of eligible expansion investments | 0* |
| $200,000 to $399,999 | 1 |
| $400,000 to $599,999 | 2** |
| $600,000 to $799,999 | 3 |
| $800,000 or more | 4 |
| Assessment of proposed personal investment | 6 |
| Investment proposal does not correspond to the type or scale of the business | 0 |
| Investment proposal corresponds to the type and scale of the business | 4 |
| Investment proposal corresponds to the type and scale of the business, the market, the proposed products and/or services, the business model, and the industry standard. | 6 |
| Ownership percentage | 4 |
| 100% ownership | 4 |
| More than 50% and less than 100% | 3 |
| 33 1/3% to 50% | 2 |
| Less than 33 1/3% ownership* | 0 |
| Risk factors | 2 |
| - proposing external financing OR - proposing to invest more than 50% of your PNW OR - you are proposing to partner with a co-registrant | 0 |
| None of the above | 2 |
| Maximum Score Available | 30 |
| Transferability of Skills | Points |
|---|---|
| Business experience only | 20 |
| 12+ months of experience in an unrelated industry | 2 |
| 12 months or less of direct experience or 12 to 36 months of related experience | 5 |
| 13 to 24 months of direct experience or 37+ months of related experience | 8 |
| 13 to 24 months of direct experience and 37+ months of related experience | 10 |
| 25 to 36 months of direct experience | 12 |
| 25 to 36 months of direct experience and 37+ months of related experience | 14 |
| 37 to 60 months of direct experience | 16 |
| 37 to 60 months of direct experience and 37+ months of related experience | 18 |
| More than 60 months of direct experience | 20 |
| Work experience only | 14 |
| 12+ months of experience in an unrelated industry | 2 |
| 12 months or less of direct experience or 12 to 36 months of related experience | 4 |
| 13 to 36 months of direct experience or 37+ months of related experience | 6 |
| 13 to 36 months of direct experience and 37+ months of related experience | 8 |
| 37 to 60 months of direct experience | 10 |
| 37 to 60 months of direct experience and 37+ months of related experience | 12 |
| More than 60 months of direct experience | 14 |
| Language ability | 2 |
| Minimal to none (Similar to CLB 3 or below) | 0 |
| Basic language proficiency (Similar to CLB 4) | 1 |
| Intermediate or above language proficiency (Similar to CLB 5 or above) | 2 |
| Maximum Score Available | 20 |
| Overall Economic Benefit Points | Points |
|---|---|
| Key Sector & Significant Economic Benefit | 12 |
| Does not identify or substantiate any key sectors or any significant economic benefits | 3 |
| Substantiates at least 1 key sector or at least 1 significant economic benefit | 8 |
| Substantiates at least 1 key sector and at least 1 significant economic benefit | 12 |
| Jobs assessment | 6 |
| The business concept does not support the creation of at least 1 FTE position, or, if proposing a key staff, the creation of at least 3 FTE positions | 0 |
| Jobs plan does not correspond to the type and scale of the business | 1 |
| Jobs plan corresponds to the type and scale of the business | 6 |
| High-skilled jobs (NOC 0, A or B) | 4 |
| Business concept does not propose or substantiate hiring any high-skilled positions | 0 |
| Business concept substantiates the creation/maintenance of 1 high-skilled position | 2 |
| Business concept substantiates the creation/maintenance of 2 or more highskilled positions | 4 |
| Regional Development | 8 |
| Lower Mainland / Southwest | 2 |
| Vancouver Island and Coast | 4 |
| Thompson / Okanagan | 4 |
| Cariboo | 6 |
| Kootenay | 8 |
| Nechako | 8 |
| North Coast | 8 |
| Northeast | 8 |
| Maximum Score Available | 30 |
