Prince Edwards Island

Prince Edwards Island

APPLICANT QUALIFICATIONS
-Intend to settle in PEI, and to manage, invest in, or own a business in PEI
-Minimum 3 years, out of the last 5 years, of business management and/or ownership experience:
  • business ownership:  minimum 20% ownership (the principal’s and spouse’s % ownership may be combined) with active management of the company; OR
  • management:  the principal applicant must directly manage at least 3 employees
-Minimum English or French score of CLB 4 (see the below website for converting IELTS to CLB:
-Between age 18-59
-Earned net worth of CAD $600,000 (principal’s and spouse’s assets combined)
-Completed high school
On Sep-12th-2018, the PEI Government has on  announced an important change to the PEIPNP.  It will be eliminating the 100% and Partial Ownership Streams of the Business Impact Category, and moving to a Work Permit stream (where applicants would come to PEI and run a business for 1 year before being nominated and later receiving permanent residency).

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