British Columbia Issues 12 Invitations in New Entrepreneur Draw

Canada

British Columbia Issues 12 Invitations in New Entrepreneur Draw

Last Updated on

British Columbia immigration has issued 12 invitations in a new draw through its Entrepreneur Immigration streams.

The July 28 British Columbia Provincial Nominee Program draw featured invites through both the general Entrepreneur stream and the Entrepreneur Immigration Regional Pilot.

Candidates for the general category received 7 invites with a minimum score of 125 points.

Regional Pilot candidates received 5 invites, with a minimum score of 123 points.

The pilot is designed to bring entrepreneurs and investment to smaller British Columbia communities. 

Full requirements are below.


What Was the Minimum Score For The Latest B.C. Entrepreneur Draw?

Date Category Minimum Score Invites Issued
28-Jul-20 Entrepreneur Immigration General Category 125 7
Entrepreneur Immigration Regional Pilot  123 5

Source: https://welcomebc.ca


What Are The Requirements For The B.C. Entrepreneur Category?

Business candidates in this British Columbia immigration category must meet the following minimum criteria:

Eligibility Requirements

  • Personal net worth of minimum $600,000, legally obtained.
  • Invest minimum $200,000 in an eligible new business or to purchase and improve an existing business in BC.
  • Create at least one new full-time job in your business for a Canadian citizen or a permanent resident.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing, BY THE TIME OF NOMINATION.
  • Suitable business and/or management experience.
  • Have, or be eligible for, legal temporary immigration status in Canada.
  • Have been lawfully admitted to the country where you currently reside.

What Are The Requirements For The B.C. Entrepreneur Immigration – Regional Pilot Category?

Community Requirements

  • Population of less than 75,000.
  • Located beyond 30km from a municipality of more than 75,000 population.
  • Demonstrated capacity to support foreign entrepreneurs with network of settlement and business support agencies.
  • Immigration and pilot-specific training must be completed by community representatives.

Candidate Requirements

  • Net worth of minimum $300,000.
  • Minimum of $100,000 in eligible business investments.
  • Minimum of 51% ownership in the new business.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing.
  • Create at least one new full-time job for a Canadian citizen or permanent resident.
  • Conduct an exploratory visit in the target community

Products You May Like

Articles You May Like

Prepare to study in Canada
Study permit: Who can apply
Canada Issues 1,400 Express Entry Invitations to Apply (ITAs) For French-Language Speakers
Prince Edward Island Draw: Province Issues 82 Canada Immigration Invitations
Canada Considers Using Federal Jails To Hold Immigration Detainees
Funding To Boost Credential Recognition For Construction Workers In Federal Budget
Parents and Grandparent Immigration In Slow Start To Year