The province of Quebec offers high net worth individuals the option to immigrate through the popular Quebec Immigrant Investor Program and many other programs such as the Quebec Entrepreneur Program.
This blog will highlight the differences between the Manitoba Provincial Nomination Program (MBPNP) and the Prince Edward Island Provincial Nomination Program (PEI PNP) under the business category. Both provinces have a special set of requirements that differentiate their programs.
|Program||Manitoba PNP (MBPNP)*||Prince Edward Island PNP (PEI PNP)*
|50% Ownership||100% Ownership|
|Minimum Net Worth||350,000 CAD||600,000 CAD|
|Business Management Experience||3 years as Senior Manager OR as business owner in the last 5 years||Minimum 1 year relevant experience
in the last 5 years
|Required Minimum Investment||150,000 CAD||150,000 CAD and own at least 1/3 of the business OR make an investment of
|Conditionally - Good-faith Deposit (Refundable Escrow Deposit)||100,000 CAD||200,000 CAD|
|Exploratory Visit Mandatory (Yes/No)||No||Yes|
|Invitation letter before the visit (Yes/No)||No||Yes|
|Preliminary Interview Mandatory (Yes/No)||No||Yes|
|Submission of EOI* or EIR* (Yes/No)||Yes, EOI||No|
|Issuance of PR* or WP*||PR||PR|
|IELTS Minimum Score||4.0||4.0|
|Adaptability or Assessment Minimum Score||60/100||50/95|
|Age Limit||at least 21 years old (there is no age limit, however applicants above 55 will earn 0 points)||21-59 years old|
|Education Level||N/A||high school or a minimum of 12 years of education|
|Application Fee||2,500 CAD||10,000 CAD|
|Agent’s professional services, processing fees, business proposal
preparation, and business plan assistance fee (collectively referred to as the
“Service and Processing Fee”)
To read more about the other provincial nomination programs, please click here.
Feel free to fill out our Free Assessment, and find out if you qualify under any of the business immigration programs offered.