Prince Edward Island

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100% Ownership Stream – Prince Edward Island Provincial Nominee Program (PEI PNP)

100% Ownership Stream of the PEI PNP is for foreign nationals with business-ownership or extensive management experience who would like to own and operate their own business in PEI.

Requirements

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    have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right
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    have a minimum education of secondary school equivalent
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    be within 21-59 years of age at the time of application
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    have transferable management skills and past employment or business ownership experience
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    meet minimum language requirements equivalent to a CLB/NCLC 4(link is external)
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    intend to live and work in PEI while providing day-to-day active and ongoing management of your PEI-based company
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    Attend an interview with staff from the Office of Immigration
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    Sign an escrow agreement with the Province and submit a $200,000 deposit, which will be refunded upon you meeting the terms and conditions of the escrow agreement

Application Process

  • Register for the Prince Edward Island Expression of Interest system and create a profile. (Your profile will remain active for a period of six months.)
  • If you are invited to apply you will receive an email notification that will include your file number and instructions for submission of your file.  You must complete the application forms.

There is no fee to create an Expression of Interest profile. If you are selected for nomination by PEI, the government application fee is $10,000 CAD which must be submitted with your application.
If your file is not accepted, the entire fee will be refunded. If your file is declined or withdrawn prior to you being interviewed by our office, $7,500 will be refunded. If your file is declined or withdrawn after you have interviewed with our office, the entire fee is non-refundable

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