The Business Impact Category of the PEI PNP is looking for interested business persons who can demonstrate vision, leadership and determination to contribute to the Prince Edward Island economy.  A healthy business environment and strong economy together with a diverse and skilled labour market makes Prince Edward Island an ideal location to invest in and operate a business.  The 100% Ownership Stream of the PEI PNP considers experienced business managers and entrepreneur applicants.  The applicants must plan to invest in and actively manage an eligible business in Prince Edward Island. Furthermore, specific criteria must be satisfied to be nominated under the program.

Eligibility Requirements

  • Age: Between 21 and 59
  • Education: Completion of high school
  • Personal net worth: CDN $600,000
  • Minimum 2 years of management experience in the last 5 years
    • Business ownership
    • Senior management
  • Minimum investment of CDN $150,000 in PEI
  • Sufficient English proficiency – Min. IELTS 4.0
  • Deposit of CDN $200,000 prior to nomination (conditionally refundable)
  • Score min. 50 points on the assessment matrix


Priority Sectors

  • Export-oriented business
  • Agriculture, Fishery and Forestry
  • Businesses that help economically diversify rural communities in PEI
  • Businesses that develop bioscience, information technology, aerospace and renewable energy


$200,000 Deposit

  • The deposit will be held for a period of two years
  • $25K is refunded after 6 months of residency on PEI
  • $25K is refunded after 1 year of residency on PEI
  • $150K is refunded after the business plan is executed


Application Process

  • Submit an application with a business proposal
  • Complete an interview with an PEI PNP officer
  • Submit a formal business plan and settlement plan
  • Sign an escrow agreement CDN$200,000
  • Nominee certificate will be issued and apply for permanent residence
  • Land in Canada and establish your business in PEI
  • Apply for a refund


PEI PNP Business Application Processes Provincial


PEI PNP Business Application Processes Federal


PEI PNP Business Application Processes Refund