British Columbia Entrepreneur Draw: 10 Invitations Issued Through 2 Streams

Last Updated on octubre 22, 2020

British Columbia immigration has issued 20 invitations in a new draw through its Entrepreneur Immigration streams.

The October 20 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 15 invites with a minimum score of 122 points.

BC PNP figures statement Regional Pilot candidates received 5 invites, with a minimum score of 109 points.

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

The full requirements are below.

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

Date	Category	Minimum Score	Invites Issued
20-Oct-20	Entrepreneur Immigration General Category	122	15
	Entrepreneur Immigration Regional Pilot	109	5

Source: https://welcomebc.ca

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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 minimum of $600,000, legally obtained.
• Invest a minimum of $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.

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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 a network of settlement and business support agencies.
• Immigration and pilot-specific training must be completed by community representatives.

Candidate Requirements

• Net worth minimum of $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

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