Prince Edward Island

1- About Prince Edward Island

Prince Edward Island welcomes newcomers who are interested in enjoying living opportunities in the smallest province in Canada. Prince Edward is an island located in Saint Lawrence Bay. This province was discovered by Jacques Cartier in 1534 and became a part of Canada in 1873. This island is known for its moderate weather. Prince Edward is restricted to Nova Scotia province from the east and to New Brunswick from the west and southwest.
Prince Edward Provincial Immigration Program was introduced in 2001. Since then, numerous managers and business owners have come to Prince Edward to invest in entrepreneurial businesses.

2- Advantages

• Obtaining permanent residency directly.
• Refunding one-fourth of deposit before investment.
• Low investment required.
• Short processing time in comparison to the other provinces.
• Simple scoring system as if most applicants can get a minimum score.

3- Eligibility

• Main applicant must be between the ages of 21 to 59
• Having minimum high school diploma
• Having net asset of CAD$ 600,000
• Minimum IELTS 4
• Having a minimum of three years of management experience in the last 5 years

4- How to apply

Step 1: The business plan will be written meanwhile applying for an exploratory visa
Step 2: Applicants with the highest scores will get selected
Step 3: Having three months to complete the documents; once the immigration department receives them, the applicant will be invited for an interview.
Step 4: Selected applicants will be invited to an interview and he/she will be prepared for the interview by iLand Group Corp. to defend the business plan
Step 5: In case of success in the interview, a work permit will be issued for the applicant and his/her family to establish the business