pace immigration - pei pnp business category
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8/4/2019 Pace Immigration - PEI PNP Business Category
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Atlantic Canada
Atlantic Canada, also known as the Atlantic Provinces, is the region of Canada
comprising four Provinces located on the Atlantic Ocean: New Brunswick, Nova
Scotia, Prince Edward Island and Newfoundland and Labrador;
•Atlantic Canada has a population of 2.3 million people;
•Atlantic Canada cities are safe and friendly;
•Atlantic Canada has free Canadian medical care;
•Atlantic Canada has a high level of education with 15 degree granting Universities;
•Atlantic Canada is tax-friendly for business.
Prince Edward IslandPrince Edward Island also known as “PEI” or the “Island” is located on the east
coast of Canada and is connected to the mainland by the Confederation Bridge.
The capital city is Charlottetown.
In July 2009, the province’s population was estimated to be 140,985. The primary
industries are agriculture, sheries and tourism.
PEI is Canada’s smallest and greenest province. The Island is a place of natural
beauty where the air and water are fresh and clean. The Island is 5,683.91 km2 in size
Atlantic Business PNPs•Atlantic Canada Provinces each have a Co-operation Agreement with the
Canadian government that allows each province an active role in selecting
immigrants who meet criteria set by each province within the framework of
Canadian Immigration law;
•Atlantic Canada Province’s PNPs, which CIBI* participates in, are selected for fast
and efcient processing for immigrant applicants who intend to partner in business
with Atlantic Canada business people; and
•Atlantic Canada Provinces that nominated immigrant applications for Canadian
Permanent Residency are accorded priority at Citizenship and Immigration
Canada visa ofces abroad and are therefore processed for Permanent Residency
faster than other economic applicants. Processing times are under six months forPermanent Residency.
1 The Government of Prince Edward Island http://www.gov.pe.ca/infopei/
*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law FirmImmigration “PLF” has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global
Advantage Corp. “PGA” are afliated.
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The Principal Applicant “PA” must,
1. provide evidence of personal net worth of at least
$400,000 CAD obtained from legal sources;
2. be between the ages of 21 to 56;
3. have a minimum of 12 years education and complete
secondary school;
4. have business management experience relevant
to the eligible business with at least two (2) years of
management experience in the past ve (5) years and
currently employed;
5. have an IELTS test score (obtained within the last 3
years) for a Canadian Language Benchmark Placement
Test equivalent score of 5, and if CLBPT equivalent
score is 4, but less than 5, the PEI PNP will interview
the Applicant and after the interview the Applicant will
need to make a $10,000 CAD language deposit for
post-landing ESL training as specied by the PEI PNP;
6. intend to make a minimum $150,000 CAD investmentin an eligible PEI business and provide active and
ongoing management of the business from within PEI;
7. make a $100,000 CAD deposit to the PEI PNP which is
held in escrow, to be returned, without interest, once
the terms and conditions of the Escrow Agreement
have been met;
8. intent to reside in PEI with his/her immediate family
for not less 183 days in a calendar year;
9. obtain at least 50 points on the Business Impact Self-
Assessment Form;
10. visit PEI for a period of no less than 5 business days
to conduct extensive research and to complete an
interview with a PEI PNP ofcial;
11. for the calendar year 2011, the PEI PNP has allocated
25 nominations certicate openings to CIBI to attempt
to ll in the Business Impact Category; and
12. before CIBI will accept any application, please send a
one to two (1-2) pages(s) summary to CIBI for its
assessment and addressing the basic criteria as
follows:
Age – Both PA and spouse/dependents;
Education – Both PA and spouse;
Managerial experience and business ownership –
Both PA and spouse;
Language – Both PA and spouse;
Net Worth – Please provide a draft of Schedule
4A and if relying on real property a copy of any
Deeds and a copy of any available supporting
documents relied upon to prove ownership and
value of $400,000 CAD net worth;
How the PA’s management is relevant to the
proposed investment/business;
How the proposed business is relevant to PEI
and is the proposed business in one of PEI’s
strategic sectors – Bioscience, Information
Technology, Aerospace Renewable Energy
Financial Services or Manufacturing and
Processing; and
The history of applications by PA and spouse for
TRV’s and Immigration to Canada.
13. CIBI has the right to determine whether it will accept
any application.
14. The PEI PNP will not process any application where
the PA or spouse has applied any time in any other
permanent residency program in Canada, unless and until
the PEI PNP rst reviews the matter and agrees to process
the application.
*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law FirmImmigration “PLF” has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global
Advantage Corp. “PGA” are afliated.
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PEI PNP – 100% Ownership – Entrepreneur
PART 1: ELIGIBLITY OUTLINE
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Language Profciency
15. International English Language Testing System (IELTS)
to Canadian Language Benchmark Placement Test
(CLBT)
IELTS IELTS IELTS IELTS CLBPT
Speaking Listening Reading Writing Score
6.5 7.5 6.5 6.5 9+
6.0 6.0 6.0 6.0 8.0
5.5 5.5 5.0 5.5 7.0
5.0 5.0 4.0 5.0 4.0
4.0 4.5 3.5 4.0 5.03.5 4.0 3.0 3.5 4.0
16. An applicant with less than CLBPT 5 but greater than
CLBPT 4 will be required to:
a. Before nomination, make a $10,000 deposit for post-
arrival training and;
b. After landing,
1. re-test on PEI to determine if training is still required;
2. enroll in a language training institution approved by
the PEI PNP;
3. the applicant’s deposit will be used to pay for the
required language training;
4. attend language training until the applicant has
met the terms and conditions of the language deposit
agreement
17. CIBI will not accept any application with a prociency
of less than CLBPT 4 without prior written approval
agreement.
18. TEOFL may be acceptable on a case-by-case basis
with prior PEI PNP consent including where the testwas already done or IELTS testing is not available in
the Applicant’s country.
PEI PNP Prioritization
19. “Due to limitations on immigration levels nationally
and the eects on the Provincial Nominee Programs,
the province o PEI reserves the rights to prioritize
nominations to the three streams o the BusinessImpact Category based on the strengths and merits o
the application and the economic value to PEI.” [March
2011, Website]
20. “Processing times or the PEI PNP can vary based on
the number o applications received, completeness
o the application and time required to corroborate
necessary verifcations.” [March 2011, Website]
Priority Sectors
21. PEI will be limiting its nominations to applicants who
are best suited to enhance the PEI economy.
22. “PEI will be giving priority to application involving:
c. The starting or expanding of an export-oriented
business;
d. Businesses that utilize primary sector resources from
the following sectors (Agriculture, Fishery and
Forestry);
e. Businesses that help economically diversify rural
communities in PEI:
f. Businesses that develop the province’s emerging
innovative sectors; bioscience, information
technology, aerospace and renewable energy.”
[March 2011, Website]
23. “Preerence will be given to applications that
can demonstrate the ability to increase or maintain
employment levels within the business.” [March 2011,
Website]
Relevancy to PEI Economy
24. The applicant’s choice o a PEI business should matchtheir skill set and abilities to run that particular business.
25. The proposed business must economically beneft PEI-
must be relevant to PEI.
26. The PEI PNP will “consider” any other business the
immigrant entrepreneur proposes and the PEI PNP
accepts as economically benefcial to PEI.
*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law FirmImmigration “PLF” has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global
Advantage Corp. “PGA” are afliated.
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Business Proposal – Filed at Stage 1: Complete Formal Application
27. “At the time o application, a “business proposal”
document is required in recognition o the challenge
o providing a comprehensive business plan prior to
the applicant’s exploratory visit to PEI.” [March 2011,
Website]
28. The PEI PNP requires that the Executive Summary
Business Proposal show that a reasonable amount o
the total investment will be in tangible assets used in
the operation o the business in PEI.
29. “The business proposal must include the ollowing,
g. Business Experience: The applicant’s personal
business experience, and spouse’s if relevant,
including years experience, description of positions
and duties, business ownership experience,
international trade experience; past annual revenues
generated and protability. Identify specic areas of
business strength or advantage.
h. Markets; Products and services with which the
applicant’s expertise and spouse’s if relevant and
whether those products and services have relevance
to the PEI business environment. Describe any business activities currently active, which may
directly be transferable to PEI, or any markets you
have developed which could be accessed from PEI.
i. Capacity: Describe the areas of activity you will
explore to identify the most effective business
opportunity to suit your experience and skills. Outline
the potential investment you plan or intend to make
in a PEI business.” [March 2011, Website]
30. “The Business must have the potential to create
signifcant economic benefts to PEI by contributing
one or more o the ollowing:
j. Increasing value-added manufacturing, processing or
primary resource activity;
k. Increasing exports of goods or services;
l. Increasing destination tourism, tourism attractions,
tourism xed roof accommodations excluding all new
construction and recreational property development;
m. Increasing research and development/technology commercialization;
n. Increasing technology, skills and specialized know-
how to the province;
o. Servicing an underserved local or regional market;
and
p. Diversifying retail and restaurant investment.” [March
2011, Website]
Active and On-Going Management
31. “Participation by the applicant in the day-to-day
operations and decision making o the business
while assuming a managerial role. The managerial
role requires direct involvement in major decision
making, human resources, fnance, accounting, sales,
marketing, purchasing etc. and any other related
activities deemed necessary or the business’s viability.”
[March 2011, Website]
Business Plan – Filed at Stage 3:
Post Interview
32. The Business Plan is ounded on the Applicant’s
answers to questions presented by CIBI and it is
fnalized by a Chartered Accountant in Prince Edward
Island (“PEI CA”), who is commissioned by the
Applicant.
33. CIBI will pay up to $5,000.00 CAD to the PEI CA
towards fnalizing the Applicant’s Business Plan and any
cost overrun above $5,000.00 CAD is the responsibility
o the Applicant – CIBI does not expect any cost
overrun provided the Applicant ully participates in the
process.
34. The PA should have access to sufcient liquid assetsat landing or within 2 years ater landing to cover
the minimum required investment o $150,000 CAD
and provision or the successul settlement and support
o dependent amily members or up to two (2) years
without third party assistance. The actual amount o
unds required will depend upon the planned business
venture in PEI. The PA should be prepared to explain
how this liquidity will be obtained.
*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law FirmImmigration “PLF” has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global
Advantage Corp. “PGA” are afliated.
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35. Liquid assets are cash, demand deposits (with afnancial institution), term deposits, tax shelters
convertible to cash, and readily marketable investment
including publicly traded stocks or bonds.
36. Statistics Canada indicates the “average household
expenditure in PEI” or 2009 was $57,000.
37. The access to liquidity requirement or a minimum o
$150,000 CAD investment, plus 2 years living expenses
at $60,000 CAD per year totals $270,000 CAD less any
reund o the $100,000 CAD bond rom the PEI PNP.
This inormation is compiled or your beneft to the best
o CIBI’s knowledge and belie and is subject to changewithout notice.
Pace Law Firm (Immigration)
295 The West Mall, 3rd Floor
Toronto, Ontario
M9C 4Z4
Tel: 001.416.236.3060
Toll Free: 1.888.825.9303
Fax: 001.416.236.1809
Email: immigration@pacelawirm.com
www.paceimmigration.com
*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law FirmImmigration “PLF” has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global
Advantage Corp. “PGA” are afliated.
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