Largest Entrepreneur Immigration Draw of 2020

British Columbia immigration has conducted its largest Entrepreneur Immigration draw of 2020, issued invitations to apply to 38 candidates through two streams.
The general entrepreneur category – 29 candidates invites with a minimum score of 121 points and Regional Pilot 9 candidates invites, with a minimum score of 118 points. Business candidates in this British Columbia immigration category must meet the following minimum criteria:

The Eligibility Requirements

The 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.

Obtained a post-secondary credential, OR, experience as an active business owner-manager for at least three of the last five years with 100% ownership in the business

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.

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.
Regional 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.

Obtained a post-secondary credential, OR, experience as an active business owner-manager for at least three of the last five years with 100% ownership in the business.
Create at least one new full-time job for a Canadian citizen or permanent resident.
Conduct an exploratory visit in the target community.

Source: https://welcomebc.ca

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