For Entrepreneurs: Vancouver & Abbotsford
The British Columbia Provincial Nominee Program (Vancouver and Abbotsford) is designed for business oriented individuals, whom are prepared to make an investment in and actively manage a new or existing business in the Vancouver and Abbotsford region of British Columbia, in order to obtain a permanent residence visa for themselves and their families. General Requirements:
The business applicant must have a minimum personal net worth of $800,000 CAD and make a business investment of at least $400,000 and obtain ownership of at least 33.33% of an eligible business.
Nomination Criteria
- Minimum $400,000 CAD to invest in a new business or to develop an eligible business in BC.
- Minimum personal net worth of $800,000 CAD.
- Must own at least 33.33% of the equity of the business.
- Create a minimum of 3 new job opening in the business for Canadian citizens or permanent residents.
- Sign a performance agreement with the Province of British Columbia.
- Possess the skills and experience necessary to establish and operate a business in BC.
- The individuals must actively participate in the everyday management of the business.
- Must demonstrate a comprehensive business plan
- If wishing to participate in the fast track nomination, the individual must sign a deposit agreement with the Province of British Columbia.
BC Provincial Nominee