British Columbia, a province in Canada is about to launch a new Immigration Program. The program is being called Entrepreneur Immigration – Regional Pilot. It is a 2-year initiative. Overseas Entrepreneurs are welcome to avail of this opportunity from early 2019.
The Immigration Program is part of the British Columbia Provincial Nominee Program (BC PNP). The pilot program will work in partnership with local communities in the province. The communities should be located more than 30 Kms away from any population center. They should possess less than 75000 people to be eligible to welcome Overseas Immigrants.
BC PNP said the local communities are facing challenges because of their aging populations. Younger workers do not have enough opportunities. The initiative is aimed at improving the economic condition of the province. Also, the Government believes the Immigration Program would create new jobs. Eventually, the country’s economy will benefit as well.
BC PNP stated that both Entrepreneurs and the local communities will benefit from each other. The businesses created must address certain needs of the communities. On the other hand, the communities must support the Immigrants as they settle in the country.
The Immigrants must follow a process to avail of the Work Permit through this Immigration Program.
BC PNP has declared that it would reduce its investment criteria for this Immigration Program. As quoted by CIC News, the personal net worth requirement will be low as well. The registration process will commence in January 2019. The Immigration Program will be effective for 2 years.
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