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This stream is for indivduals who would like to invest in an existing business in PEI and participate in the management of that business.  The business in which you wish to invest must be an eligible business and the percentage of equity which you own must be greater than or equal to one-third of the equity or a minimum investment of $1,000,000.  You must have active day to day management in the business.

 

To be eligible for nomination through the Partial Ownership Stream of the Business Impact Category you must:

 

  • have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right;

  • have a minimum education of secondary school equivalent;

  • be within 21-59 years of age at the time of application;

  • have transferable management skills and past employment or business ownership experience;

  • meet minimum language requirements equivalent to a CLB/NCLC 4; and

  • intend to live and work in PEI while providing day-to-day active and ongoing management of your PEI-based company.

 

Successful applicants will be required to sign an Escrow Agreeement and submit a $200,000 deposit to the Office of Immigration prior to receiving their nomination.  The deposit can be broken down as follows:

 

  • Residency portion - $50,000

  • Business portion - $150,000

 

If you comply with the terms of your Escrow Agreement, this deposit will be refunded to you in accordance with the terms of the Escrow Agreement.‚Äč

Partial Ownership Stream