TPrince Edward Island (PEI) is the smallest province in Canada. Despite its size, it is one of the most popular destinations for prospective immigrants due to its riches in natural beauty, history and Canadian culture. Prince Edward Island has excellent schools, almost no pollution or traffic, and is the home of the historic Charlottetown Conference of 1864 which eventually led to the nation's formation. In addition to being the birthplace of confederation, the province has an exceptionally high quality of life and is very popular among tourists thanks to its fantastic beaches, top rated golf course and many cultural attractions. Known as one of the safest and closest knit communities in Canada, it is easy to see why people from around the world want to live and work in Prince Edward Island. The easiest way for a foreign national to immigrate to PEI is under Canada's Express Entry immigration system.
More about the PEI Express Entry
The Prince Edward Island Provincial Nominee Program (PEI PNP) is an immigration program that targets foreign individuals who will bring a positive contribution to the province. The PEI PNP is divided into two major categories: Business Impact and Labour Impact. Each of these PEI PNP categories is then further divided into various subcategories, also called "streams". Under Express Entry, the PEI PNP enables successful applicants to become a Canadian permanent resident extremely quickly, often in less than 6 months.
There are two ways for a prospective immigrant to obtain a nomination certification from the Prince Edward Island Provincial Nominee Program. Outside of Express Entry, he or she can apply to the program directly through the PEI Office of Immigration. If accepted by the PEI PNP, the individual can sign up for Express Entry and include their provincial nomination in their profile. The other method to attain a PEI PNP nomination is for an individual to create an Express Entry profile and formally indicate an interest in immigrating to PEI within the system.
The Prince Edward Island Provincial Nominee Program can then directly contact the prospective immigrant using Express Entry, inviting them to apply for the PNP. This method is generally recommended, as it also allows you to include your Express Entry Profile ID when submitting an Expression of Interest (EOI) to the program. With an Express Entry profile already created, successful candidates can instantly be credited for their provincial nomination by the PEI PNP. This will increase their Express Entry score by 600 points all but guaranteeing them an Invitation to Apply (ITA) for permanent residency. To help you maximize your chances of being selected by the PEI PNP, our experienced Canada immigration professional can optimize your Express Entry profile for PEI immigration.
Prince Edward Island Provincial Nominee Program
The PEI PNP contains several different streams for interested individuals and families to immigrate to Prince Edward Island. The PEI PNP works on an Expression of Interest (EOI) system, which means that prospective immigrants need to connect with the nominee program before they can formally apply.
Prince Edward Island Provincial Nominee Program Categories:
Business Impact Category
The PEI PNP business impact category is for individuals who plan to invest in and actively manage a business in Prince Edward Island. There are three PEI immigration streams under this category:
1. 100% Ownership Stream
|As the name implies, this Prince Edward Island immigration stream is for foreign nationals who will assume full ownership of a local business. This can either be a new business the person will start, or an existing PEI business which the individual will buy in its entirety|
2. Partial Ownership Stream
|Instead of owning the entire business, this Prince Edward Island immigration stream is for foreign nationals who will purchase part of a local business. The individual must either purchase at least one third of the business or make a minimum equity investment in the company of at least CAD $1,000,000|
3. Work Permit Stream
|This Prince Edward Island immigration stream grants the foreign national a work permit so he or she can move to PEI and work in the business they plan to invest in. This is great if the individual wants to experience the day-to-day operations of the business before they actually invest money. Otherwise, the work permit stream has the same requirements as the partial ownership stream|
Labour Impact Category
The PEI PNP labour impact category is for individuals who wish to work and live in Prince Edward Island but do not want to own a business. The individual needs to possess certain skills, education and experience which are needed in the local labour market. This immigration category is divided into the following two streams:
1. Skilled Worker Stream
|This Prince Edward Island immigration stream is for individuals who have been hired or will be hired by a PEI employer. Eligible candidates must have knowledge and experience in a skilled profession, including post-secondary education|
2. Critical Worker Stream
|This Prince Edward Island immigration stream is for workers in either a semi-skilled or unskilled profession. The individual must either be currently working for a business in PEI or have a PEI employer who will sponsor them for permanent residency. Some examples of occupations which fit in this category include general labour, housekeeping, truck driving and food service|
Prince Edward Island Express Entry
The Canada Express Entry system allows the province of Prince Edward Island to attract potential immigrants for their provincial nominee program. The province can send a "Notification of Interest" to people whose Express Entry profiles match the criteria the province is seeking. Potential immigrants can also apply directly to the program under the Business Impact or Labour Impact categories.
Individuals nominated for Canadian immigration by the PEI PNP will receive enough points under the Express Entry Comprehensive Ranking System to more or less be assured an invitation during the next draw. Once given an Invitation to Apply for Canadian permanent residence, it does not take long to get accepted for PEI immigration, seeing as Express Entry processes applications in six months or less.
Not every applicant will be accepted into the Prince Edward Island Provincial Nominee Program through the Express Entry System. Candidates must have skills which meet current PEI labour needs. These requirements vary over time as labour needs change in the province. Candidates are encouraged to investigate the current needs of PEI before applying for the Express Entry System. If nominated through a PEI Express Entry stream, potential immigrants can apply for residency through Citizenship and Immigration Canada's online system which is much faster.
Business Impact Category - Requirements
The Business Impact Category of the Prince Edward Island Provincial Nominee Program is divided into three streams.
1 - Requirements for the 100% Ownership Stream:
The 100% Ownership Stream is for foreign nationals who are interested in starting or buying a business in Prince Edward Island. There are several criteria the business must meet in order to be eligible for the PEI PNP.
The Business Must:
|Be a for-profit corporation in good standing on all debts and obligations|
|Maintain corporate headquarters and a "permanent establishment" in PEI|
|Pay all income tax on taxable income|
|Have assets with a minimun book value of $150,000|
|Have the potential to create a "significant economic benefit" to PEI|
Certain types of business are given priority status.
These Priority Businesses Do One or More of the Following:
|They are export-oriented|
|They utilize primary sector resources (for PEI, this is generally considered bioscience, information technology, aerospace, and renewable energy)|
|They help bring economic diversification, especially to rural areas of Prince Edward Island|
Note that some types of businesses are categorically denied participation in the 100% Ownership Stream.
The Following Types of Business Are Ineligible:
|Home-based businesses including hobby farms and bed and breakfasts|
|Cheque cashing, money changing and payday loan services|
|Pawnbrokers and other used good sales|
|Real estate brokerage, insurance brokerage and business brokerage|
|Professional practices, financial services and consulting services|
|Any business which might cause "disrepute" to the government and province of PEI|
|Any business created purely for access to the PEI PNP program|
Under this stream of the Business Impact category there are also detailed requirements for the business owner.
All Applicants in the 100% Ownership, Partial Ownership and Work Permit Streams Must:
|Be between 21 and 59 years old|
|Have a high school education (at minimum)|
|Have a minimum net worth of $600,000|
|Score a minimum of a 4.0 on the IELTS English Test|
Apart from these general requirements, applicants participating in the 100% Ownership stream must meet the following additional requirements.
For the 100% Ownership Stream, Individuals Must Also:
|Provide a comprehensive business plan for the business being purchased|
|Provide active, on-going management from within PEI|
|Sign an escrow agreement with deposit stipulations of $200,000|
|Make a minimum investment into the business of $150,000|
In addition to the general requirements, individuals participating in the PEI PNP Partial Ownership Stream must meet several additional requirements.
2 - Requirements for the Partial Ownership Stream
For the Partial Ownership Stream, Individuals Must Also:
|Provide a comprehensive business plan for partial ownership of the business|
|Provide active, on-going management from within Prince Edward Island|
|Provide a signed escrow agreement containing stipulations on a deposit of $200,000|
|Invest a minimum of $150,000 for a partial ownership of at least 33.3% of voting shares, or else invest a minimum of $1 million in the company|
Please note, start-ups are ineligible for the Partial Ownership Stream, but newly incorporated companies may be allowed.
Aside from meeting the general requirements, applicants to the PNP PEI Work Permit Stream must also satisfy several extra requirements.
3 - Requirements for the Work Permit Stream
For the Work Permit Stream, Individuals Must Also:
|Obtain a work permit for PEI|
|Provide a full business plan for complete or partial ownership of the business|
|Manage the business from within PEI actively and for an on-going period of time|
|Sign the Performance Agreement which contains stipulations on the business investment|
|Invest a minimum of $150,000 in the business|
Labour Impact Category – Requirements
The Labour Impact Category of the Prince Edward Island Provincial Nominee Program is divided into two streams. There is some slight overlap in the requirements between the two, but mainly the requirements are specific to each stream.
1. Requirements for the Skilled Worker Stream:
The Foreign National Applying Through This Stream Must:
|Be 21-59 years old|
|Have a job offer for a full-time, long-term job from a PEI employer for a N0C 0, A or B level skilled position. In this case, "long term" is considered to be at least two years|
|Have a valid work permit, if currently employed in PEI|
|Have legal status in current country of residence|
|Have a two-year post-secondary degree|
|Have at least two years of full-time work experience or relevant schooling, within the past two years|
|Have "sufficient funds" to settle in PEI|
|Prove proficiency in English or French. Proficiency can be established by an IELTS test with a minimum score of 4.0, a declaration of language ability from the PEI employer or education from an institution where the primary instruction used was either English or French|
In the Prince Edward Island Nominee Program Skilled Worker Stream, the employer offering the applicant the job must also meet certain requirements.
The Employer Must Offer Employment Which
|Is at least two years in duration|
|Is suitable for the applicant's education, training and experiences|
|Meets federal and provincial standards and industry wage rates|
|Is located in Prince Edward Island|
|Offers a verifiable employment contract and settlement support|
2. Requirements for Critical Worker Stream:
This Prince Edward Island immigration stream is geared towards semi-skilled and unskilled positions.
The Foreign National Applying Through This Stream Must:
|Be 21 to 59 years old|
|Hold a valid work permit|
|Have legal status in country of residence|
|Be a high school graduate (at minimum)|
|Have sufficient funds to live in PEI|
|Be proficient in English or French. This can be verified with an IELTS with a minimum overall score of 4.0. Minimal individual scores are 4.5 Listening, 3.5 Reading, 4 Writing, 4 Speaking|
|Have spent at least six months working full-time for the PEI employer|
Finally, the major requirement for this Prince Edward Island Provincial Nominee Program stream is the individual must have a job offer for a full-time, long-term position with a PEI employer. The position must be in a semi-skilled or unskilled occupation, which is NOC level of C or D.
The Most Common Jobs in This PEI PNP Stream Are:
|Customer service representative|
|Food or beverage server|