BC PNP EI – Base Stream

Stage 1

1. Research & Preparation: Prospective candidates must first assess their eligibility based on the outlined requirements of the British Columbia Entrepreneur Immigration Base Category. It is advised that individuals visit British Columbia to explore the diverse business opportunities available in the province, fostering networking and understanding of local business practices.
2. BC PNP Registration: Following the eligibility assessment, applicants proceed to register for the BC PNP Entrepreneur Base Category. This involves creating a comprehensive profile and submitting it electronically through the BC PNP platform. The registration form encompasses crucial information regarding the applicant’s professional background, language proficiency, educational attainment, net worth, and details pertinent to the proposed business venture.

Upon submission, a non-refundable registration fee of CAD 300 is levied. The BC PNP accepts a maximum of 200 registrations per month.

Applicants undergo scoring based on their responses, categorized into two sections:

2. A. Self-Declared Scoring (120 points)

Candidates can attain a maximum of 120 points in this section, distributed as follows:

• Experience & Ownership: 24 points
• Net Worth: 12 points
• Total Personal Investment: 20 points
• Jobs: 20 points
• Regional District: 12 points
• Adaptability: 32 points

2. B. Business Concept (80 points)

Within this category, applicants can secure up to 80 points based on:

• Commercial Viability: 30 points
• Transferability of Skills: 20 points
• Economic Benefits: 30 points

3. Receiving an Invitation to Apply (ITA): Candidates deemed most qualified can apply for Canadian permanent residency under the BC PNP Entrepreneur Immigration stream upon receiving an Invitation to Apply (ITA). Following receipt of the ITA, applicants have four months to compile requisite documentation and lodge their application via the BC PNP online platform.

Invitations are not subject to set quotas, with annual provincial nomination allocations determined by IRCC. The frequency and volume of invitations issued by the BC PNP hinge on processing capacities and guidelines.

Should an invitation not be received, candidates can enhance their registration score and resubmit their information, potentially refining business proposals or augmenting profile components such as age, Canadian work experience, and language proficiency within six months of the initial submission.

4. Application: Selected candidates proceed with the application process, where the BC PNP scrutinizes personal net worth and validates claimed funds as per registration details. Some applicants may undergo an in-person interview in Vancouver as part of the assessment process.

Upon application approval, candidates are required to sign a Performance Agreement delineating obligations for nomination consideration. This agreement encompasses facets such as business particulars, investment commitments, job creation, management prerequisites, residency requirements, and specified timeframes.

4. A. Net Worth Review: An authorized accounting firm conducts a thorough financial review to assess the applicant’s declared net worth and supporting documentation. The assessment outcome is communicated through a report to both the BC PNP and the applicant.
5. B. Processing Fee: Applicants must submit requested documentation to bolster their registration profile and remit a non-refundable processing fee of CAD 3,500 at the application stage.
6. C. Interview: BC PNP may conduct an in-person interview to delve into the intricacies of the business plan and evaluate the applicant’s business acumen and work experience, informing the final decision.
7. D. Performance Agreement: Upon approval, applicants commit to a Performance Agreement outlining terms and conditions requisite for permanent residency nomination, encompassing business specifics, investment parameters, job creation obligations, managerial roles, residency prerequisites, and adherence to stipulated timeframes.