Experienced entrepreneurs and management professionals may apply to the Prince Edward Island Provincial Nominee (PEI-PNP) Impact Category if they are able to demonstrate vision, strong leadership skills, and resiliency in the face of challenges and obstacles.
100% Ownership Stream
Potential investors may apply to the PEI-PNP Ownership Stream if their intent is to purchase and actively manage a business currently established in Prince Edward Island. Applicants who wish to apply to this stream must include a substantial and sound business plan indicating investment and ownership strategies as well as 100% ownership of the targeted business.
Partial Ownership Stream
Investors who wish to assume only partial ownership of an established business may instead choose to apply to the PEI-PNP Partial Ownership Stream. In order to be eligible, applicants must intend to assume at least one-third ownership to the targeted business, and their application must also include a professional business plan.
Work Permit Stream
Applicants seeking a faster path to entry to Prince Edward Island may apply for a temporary work permit through the Work Permit Stream. Successful applicants will be granted a temporary work permit under which they can establish their own business in Prince Edward Island while living in the province on a temporary status basis. Successful applicants must submit a business plan which outlines financial objectives, investment and operational strategies, and financial viability.
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