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Immigrating Through Manitoba Vs Prince Edward Island

canada program | Manitoba PNP | MPNP-B | PEI-PNP |
05 May 2016

Each province in Canada nominates its own immigrants targeting certain individuals such as students, business people, and skilled workers. The provinces also prepare specific criteria to nominate qualified and eligible groups to immigrate and settle in the same province in Canada. The selection process for each nomination program under the business immigration category is different as most of the provinces require the submission of an Expression of Interest (EOI) or an Entrepreneur Immigration Registration (EIR). Other programs, the Prince Edward Island Provincial Nomination Program (PEI PNP) for instance, has no such requirements. The French speaking province of Quebec on the other hand sets up its own laws when it comes to its nomination programs, where the candidates are required to apply for a Quebec Selection Certificate in order to be selected by the province.

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
CAD 1,000,000
150,000 CAD
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”)
6,500 CAD
approximately
55,000 CAD
 

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.

 

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