24.09.2020

Prince Edward Island Provincial Investment Program

Prince Edward Island Provincial Investment Program

Prince Edward Island is Canada’s smallest province, making up just 0.1 per cent of Canada’s total land area. In the spring of 2011, Prince Edward Island Government has opened a new investment program for foreign investors immigrant and settled in PEI.
The Province of Prince Edward Island (PEI) welcomes newcomers wishing to embrace the opportunities presented by living in Canada’s smallest province. As the birthplace of Canada, PEI has a long and proud history of welcoming newcomers who have gone on to become some of our greatest leaders, entrepreneurs, trades people and artisans.
 

Conditions to Participate

•   Age: From 21-59 years old
•   Assets: Minimum net worth of 600,000 CAD through legal and legitimate source of personal (not gift).
•   Minimum qualifications: High School
•   Your previous business and/or work experience (minimum 2 years)
•   Minimum IELTS: 4.0 within the last 2 years.
•   Provides detail business plan for 100% ownership of businesses
•   Joins in the management and operation in PEI province
•   Sign an escrow agreement containing stipulations on a deposit of $200,000 to be held by the Province until terms of the agreement have been met.
•   Have a minimum active investment of $150,000 CAD of an existing business or the start of a new business in Prince Edward Island .

Conditions to refund of deposit

Minimum Investment of 200,000 CAD deposit for PEI provincial government will be refunded to based conditions and business plan:
•    $25,000 CAD after 6 months of residency on PEI
•    $25,000 CAD after 1 year of residency on PEI
•    $150,000 CAD will be released upon the applicant meeting the requirements outlined in the escrow agreement.

PEI Processing Time Line (From 24 to 30 months)

Phase 1: From 1 to 2 months
– Collect docs
– BCI review package
– BCI agree to accept the file and issue quota, issue invoice of 15,000.
– Investor pays directly to BCI
– Submit the file to PEI

Phase 2: From 5 to 8 months
– PEI issued file (1 – 4 months)
– Approved by PEI (Interview invitation letter) or ENO (error and omission) (2 – 3 months)
– Book interview with PEI in canada & conduct 5 days visit before interview (within 6 months from invitation date)
– Visit + interview (if need translator, then fee is 1500 for official translator)
– Approved (letter of request to wire deposit)
– Wire 200.000 CAD deposit + 40.000 USD to BCI
– Show client receitp of deposit 200,000 CAD to PEI on behalf of client
– Nomination letter to Federal state

Phase 3: ~1,5 years
– Submit civil docs + Police Cert (by mail)
– To Singapore for visa issue

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Jenny Huyền Lê
CEO Công ty IBID

Bà có hơn 16 năm kinh nghiệm trong lĩnh vực di trú, trong đó có 05 năm làm việc tại Tổng Lãnh sự quán Hoa Kỳ tại TP. Hồ Chí Minh - bộ phận HRS (Humanitarian Resettlement Section) - là bộ phận chuyên xem xét và chấp thuận các diện Con Lai, diện HO.

Với việc trực tiếp xét và sơ vấn trên 4.000 hồ sơ di trú vào Hoa Kỳ, bà có rất nhiều kiến thức nền tảng và kinh nghiệm trong việc đánh giá, thẩm định cũng như hoàn tất các bộ hồ sơ và các thủ tục liên quan đến di trú.

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