2019-11-30 – British Columbia immigration has conducted a new draw through the recently-launched Entrepreneur Immigration Regional Pilot.
The November 26 draw saw 7 invites issued through the British Columbia Provincial Nominee Program, with a minimum score of 120.
The pilot is designed to bring entrepreneurs and investors to smaller British Columbia communities.
The full requirements are below.
What Was the Minimum Score For The Latest B.C. Entrepreneur Draws?
Date | Category | Minimum Score | Invites Issued |
26-Nov-19 | Entrepreneur Immigration Regional Pilot | 120 | 7 |
Source: https://welcomebc.ca
The previous BC PNP Entrepreneur Immigration draw saw 23 invitations issued through two streams.
The November 12 draw saw 18 invites issued trough the Entrepreneur Immigration General Category and five through the Entrepreneur Immigration Regional Pilot.
For the general category, the minimum score was 112, compared to 121 for the regional pilot.
What Was the Minimum Score For The November 12 B.C. Entrepreneur Draw?
Date | Category | Minimum Score | Invites Issued |
12-Nov-19 | Entrepreneur Immigration General Category | 112 | 18 |
Entrepreneur Immigration Regional Pilot | 121 | 5 |
Source: https://welcomebc.ca
What Are The Requirements For The B.C. Entrepreneur Category?
Business candidates in this British Columbia immigration category must meet the following minimum criteria:
- Demonstrate a personal net worth of at least $800,000;
- Make a personal investment of at least $400 000 to establish or purchase and expand an eligible business in B.C.;
- Create at least three jobs for Canadian citizens or permanent residents;
- Participate in the day-to-day management and direction or the business;
- Sign a performance agreement with B.C. prior to nomination;
- Candidates in the Entrepreneur category can sponsor a key staff member for Canadian permanent residence.
What Are The Requirements For The B.C. Entrepreneur Immigration – Regional Pilot Category?
Community Requirements
- Population of less than 75,000.
- Located beyond 30km from a municipality of more than 75,000 population.
- Demonstrated capacity to support foreign entrepreneurs with a network of settlement and business support agencies.
- Immigration and pilot-specific training must be completed by community representatives.
Candidate Requirements
- Desire to start a business and settle in a B.C. regional community.
- Complete an exploratory visit.
- Minimum of $100,000 in eligible business investments.
- Minimum personal net worth of $300,000.
- Minimum of 51 percent ownership.
- Minimum of one new job created.