Investment Programs

PEI PNP WORK PERMIT STREAM

Among the active Business PNP programs, Prince Edward Island Provincial Nominee Program (PEI PNP) is relatively more popular. Below is some background information of PEI PNP.

Key requirements:

  • net worth of $600,000 or above;
  • education of secondary school or above;
  • be within 21-59 years of age at the time of application;
  • have transferable management skills from past employment or business ownership experience;
  • meet minimum language requirements equivalent to a CLB/NCLC 4

Processing time:

  • qualify applicants who receive invitation to apply (ITA) from PEI can normally obtain their work permits in around 6 to 9 months

What are the competitive edges:

  • Consistent recruitment
    • They have been doing monthly draw for a long while (only suspended for 3 months due to COVID-19)
  • Marking scheme mainly based on personal qualities
    • The scoring system mainly refers to personal qualities of applicants, such as education, age, language ability, management experience, etc.
    • The only province with age limit up to 59
    • In other words, applicants do not need to increase the investment amount or hire more people to gain extra points, which commonly found in the scoring system of other provinces
    • Management experience requirement is the lowest comparing to all other provinces
  • Clear nomination requirements
    • Key requirements are
      • Invest CAD$150,000 in your own business, actively manage the business and spend at least half of the investment amount (i.e., CAD$75,000) in eligible operating expenses
      • reside in PEI with your family
    • Some provinces may have relatively more subjective requirements, such as no ongoing concerns, contribution to the province, etc.

PEI PNP Work Permit Stream is suitable for:

  • Experienced business owners; or
  • Managers or senior executives in various fields with 3 years management experience, supervising a team of 3 or more staff in the past 3 to 7 years

For enquiries or assessments, please call 2868 3780

Official links:
PEI PNP