The base program allows applicants to create a business anywhere in British Columbia. Furthermore, they can choose any business they would like (with a small list non-eligible business). The base program encourages prospective applicants to visit the city that they plan on opening their business in order to get a better idea of what the city and community is like.
experience
In the past 10 years, have at least 3 years experience as owner, or 4 years experience as senior manager, or 1 year experience as owner and 2 years experience as senior manager
Investment
Minimum $200,000 CDN
Net worth
$600,000 CDN
Education
Post Secondary Credential, OR, experience as an owner for 3 of the past 5 years as 100% owner of business
Interview Required
Yes
Partner with BC PNP co-registrant allowed
Yes
Net worth Verification
Must obtain a net worth verification report if invited to apply
Location
Anywhere in British Columbia
Registration Scores
Total 200 points (120 for self-declared, 80 for business concept). Minimum score of 32 for business concept
Job Creation
Must create at least 1 full time job for a Canadian Citizen or Permanent Resident
Exploratory Trip Required?
No
Registration Timeframe
Scored within 6 weeks
Business Proposal
Must submit a business proposal for any new or existing business in BC
Language Requirement
Minimum CLB 4 in English or French. Must submit with final report.
Fees
Based on client assessment
Minimum amount of time to submit final report
18 months
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