The British Columbia Provincial Nominee Program (BC PNP) introduced the Regional Pilot Program (BC PNP) in 2019 to encourage business immigration to smaller regional centers in the province. In the second phase of the pilot, 50 communities in the province have agreed to participate in the pilot program.
What Are the Requirements for the Regional Pilot Program (BC PNP)?
International entrepreneurs and investors interested in establishing their business in British Columbia need to meet the following requirements to qualify for the pilot program:
- Establish a qualifying business in the province in line with the priorities of the community where the business is to be located
- Have previous business ownership and/or management experience
- Have a personal net worth of at least $300,000
- Have the capability to make a personal investment of at least $100,000 in the qualifying business
- Create at least 1 full-time job opportunity for a Canadian citizen or permanent resident
- Demonstrate language proficiency with at least a level 4 on the Canadian Language Benchmarks (CLB) for English or French
- Be eligible for permanent residence in Canada
- Be admissible to enter Canada
- Have legal status in the country where they are currently living
The Regional Pilot Program (BC PNP) was introduced in 2019 as a 2-year pilot and then later extended in March 2021 for another 3 years until March 31, 2024.