The BC PNP Entrepreneur Immigration Stream: A 10 Step Program
Posted on - Aug 24, 2015
By Catherine Sas, Q.C.
Over the past several weeks we have reviewed BC’s new business immigration program that was re-opened on July 2, 2015. As can be seen, the BC PNP Entrepreneur stream is not a speedy path to permanent residence. There are at least 10 key steps in the process before a business applicants is at the stage of being able to apply for permanent residence to Canada. Let’s re-cap those key stages as well as the time frames for processing:
|1. Registration||1-2 months preparation|
|2. Scoring||Up to 4 weeks|
|3. Invitation to Apply||Up to 6 months (if no ITA re-apply)|
|4. Review of Personal Net Worth||60 to 90 days (Within 4 months above)|
|5. Application to BC PNP||2 – 8 months|
|6. Performance Agreement and LOC||1 – 4 weeks|
|7. Work Permit||1 week to 6 months|
|8. Submission of Final Report||Up to 18 months|
|9. Nomination||2 weeks to 4 months|
|10. Apply for Permanent Residence to Canada||1- 2 years|
|TOTAL TIME FRAME||1.5 – 6 years|
The revisions to BC’s PNP business program were brought in to streamline processing, provide for inventory control and management and ultimately allow for speedier processing of business applications. The former business program had built up a backlogged inventory of nearly 2000 applications with an initial application assessment time frame of up to 5 years. However, as the above indicates, the new BC business immigration path to permanent residence is one that will still take several years and is fraught with uncertainty. The BC PNP business program remains a bureaucratic government process that does not keep pace with the realities of the business world. It remains the challenge of both the provincial and federal business immigration programs to develop a speedy and transparent application process that will allow foreign investors to come to Canada and make their investments in a timely fashion knowing that they have realistic prospects of permanent residency in the future.
For a full review of the program please see:
You’ve been Invited to Apply! What’s next for a BC PNP Business Applicant? August 6, 2015
Catherine Sas, Q.C. is a Vancouver immigration lawyer at Sas & Ing Immigration Law Centre in Vancouver, BC Canada. Catherine has been practicing law for over 25 years, and has been voted Vancouver’s Best Immigration Lawyer by the Georgia Straight newspaper for 6 consecutive years.
To learn more about immigrating to Canada, becoming a permanent Canadian resident or bringing your family to Canada, email Catherine Sas or call her at 1-604-689-5444.
Related Topics: BC PNP Entrepreneur Immigration Stream, business immigration programs, entrepreneur, Entrepreneur Immigration, family, Immigration, worker