BC Canada –the British Columbia province has now added 12 fresh communities to its Entrepreneur Immigration Regional Pilot. This has increased the total number of communities to 44 now. These are signed up for participating in the pilot stream in British Columbia Provincial Nominee Program.
The new communities added to the Entrepreneur Immigration Regional Pilot are:
• Malakwa and Electoral Area E – Shuswap Regional District – Columbia
• Spences Bridge – Nicola Regional District Area I –Thompson
• Scotch Creek and Electoral Area F – Shuswap Regional District –Columbia
• Nicola Valley North – Nicola Regional District Area M –Thompson
• Falkland and Electoral Area D – Shuswap Regional District – Columbia
• Nicola Valley South – Nicola Regional District Area N –Thompson
• Sorrento and Electoral Area C – Shuswap Regional District – Columbia
• Salmon Arm
• 100 Mile House
• Campbell River
The 2 –year pilot is aimed to attract overseas Entrepreneurs for establishing businesses in British Columbia. This is in smaller communities that have a population lesser than 75,000. These are facing acute shortages of skills with shrinking labour markets and aging populations.
The net worth and investment requirements for the EIRP are half of those specified under the mainstream British Columbia Entrepreneur.
Under Entrepreneur Immigration Regional Pilot candidates must invest $ 100,000. Their net worth must be $300,000 and create 1 job for Canadian PR holder or Citizen, as quoted by the CIC News. This program is only for overseas Entrepreneurs who intend to start a new business.
The important features of the Canada BC Entrepreneur Immigration Regional Pilot program are as follows:
Involvement of Community
Participating communities are actively involved in attracting the overseas Entrepreneur. They also assist in settlement upon arrival.
Referrals to BC PNP
Overseas Entrepreneurs can be referred by the communities to the BC PNP. The aspiring candidates must have paid a visit to the community. They must also have a business proposal in alignment with its economic priorities.
Communities that participate in the Canada BC Entrepreneur Immigration Regional Pilot program have access to the BC PNP Community Concierge’ dedicated services.
Prioritization and Invitations
The candidates that are referred by the communities register in a distinct BC PNP pool. Invitations are offered to the highest scoring candidates on a monthly basis. Priority processing is offered to the candidates who are invited.
Y-Axis offers a wide range of Visa and Immigration products as well as services for aspiring overseas students including Study Visa for Canada, Work Visa for Canada, Canada Migrant Ready Professional Services for Express Entry Full Service, Canada Migrant Ready Professional Services for Express Entry PR Application, Canada Migrant Ready Professional Services for Provinces, and Education Credential Assessment. We work with Regulated Immigration Consultants in Canada.
If you found this blog engaging, you may also like…