Stratergic Projects Category

Minimum Requirements for the Corporations / Companies

• Companies must possess excellent financial health; also are required to provide the proof of maintaining good business practices as well as successful business operations even with the international companies working or based outside Canada who seem to have resemblance with the proposed business in British Columbia Province.
• Companies are required to Identify prospects for investment in British Columbia Province on the basis of the commercial or business choices and credible foundations.
• Companies are required to show that the proposed key staff members consist of skilled senior staff members who are important to the establishment and operation of the organisation.

• Make a $500,000 of minimum equity investment or purchase and grow an existing qualified business in British Columbia Province.
• Generate minimum 3 new jobs for the Permanent residents or the citizens of Canada for every single foreign key employee or staff member hired (Limited to maximum 5 key staff members).
• Set up or buy and grow an existing business in British Columbia Province.

Minimum Requirements for Key employees or Staff Members

• Are banned from entering Canada,
• Have not been admitted lawfully in the country they are currently staying,
• Have entered Canada without any sort of authorization,
• Are working without permission in Canada,
• Are having an unresolved refugee claim status inside Canada,
• Are currently stuck under a removal order inside or outside Canada.

How to Apply to the BC PNP Strategic Projects Category

Exploratory Visit

Discussion of Proposal

• General details about the company such as year of establishment, annual revenue, etc;
• A brief note of the business that applicant wishes to set up or buy or grow in the province;
• Explanation in regards of how the new business is linked to the core business of the company;
• Research of commercial viabilities and due diligence that has been carried out;
• Justification for the investment, providing a thorough breakdown of the investment;
• Annual estimated revenue;
• Different types of jobs created for Canadian Permanent residents as well as Citizens by the proposed enterprise; and
• Other details as needed.

Apply

After Application Approval

• A Performance Agreement needs to be signed with the British Columbia Government;

• If the application is accepted, the company's appointed signing authority must sign a Performance Agreement with the Province of British Columbia. In order to apply for a two-year work permit from IRCC, each key employee or staff member will be given a work permit support letter by the BC PNP.

• To explain how the company has fulfilled the terms and conditions of the Performance Agreement, a final report needs to be sent to the BC PNP; and
• Key employees or staff members are required to apply to the IRCC for a permanent Canadian resident visa within 180 days of the nomination date (only if the company or corporation has met all the terms and conditions mentioned in the Performance Agreement).