Prince Edward Island Provincial Nominee Program (PEI-PNP) - 100% Ownership Stream

To qualify for the Immigrant Partner's component of the PEI-PNP 100% Ownership Stream, an applicant:

  • must have a minimum net worth of CAD$600,000 (excludes donations; gifts and private loans)
  • must have previous management experience or business ownership experience
  • must have an approved business plan to do business in PEI, either by purchasing or establishing your own business or investing in a minimum of 1/3 of the voting shares of an existing business
  • must be prepared to make a minimum CAD$150,000 investment
  • must make a CAD$200,000 conditionally refundable deposit without interest with PEI Government prior to nomination
  • must speak moderate English or French. Applicants are required to provide Language test result, and must meet the minimum CLB 4 on each category of reading, writing, listening and speaking
  • must have an honest intention to establish a full time permanent residence in PEI

How to Apply

Net Worth CAD$600,000:

You must provide proof of how you obtained your Net Worth, by providing:

  • Current Bank Certification Letter
  • Evidence of Savings Balance
  • Fixed or term deposit statement
  • Evidence of Public Trade Stock (if applicable)
  • Real Property Assessment
  • Financial Statement of your business to shows its value

​You must have sufficient unencumbered personal funds to start your business venture without third party assistance and settle in PEI for a minimum of 1 year period.

PEIPNP will not accept donations, gifts, and private loans as part of the CAD$600, 000 Net Worth requirement

Management Experience:

Your management experience could be as a senior executive or business owner. To prove you have a successful management experience, you can provide but not limited to:

  • Certificates of experience
  • Copies of business licenses
  • Copies of company information such as financial statements
  • Detailed information of company ownership

EOI Assessment Point Form:

Maximum point is 200, there are six areas with associated points:

  1. Age
  2. Language
  3. Education
  4. Business Ownership or Senior Management
  5. Community Endorsement
  6. Adaptability

​​Business Plan:

You are required to purchase, establish a business, or invest in a minimum of 1/3 of the voting shares of an existing business in PEI . You need to:

  • pursue a business that matches with your business skills/background
  • participate in the business in an active managerial role

If a partial ownership of an existing PEI business is chosen, a purchase agreement is required which will set out the amount to be invested and the management role.

You need to submit a business plan that must be approved by PEI-PNP officials.

To help you to understand the business environment of PEI , an exploratory visit in PEI is required.

Exploratory Visit to obtain Community Endorsement letter:

You are required to make an exploratory visit to PEI before EOI submission in order to obtain your Community Endorsement letter from the chosen community that you wish to settle and open your business. During the visit Canadian International will assist you to:

  • Explore PEI business environment
  • Meet economic development agencies
  • Explore housing, education and community facilities for your family

Preliminary Interview:

After you received your Invitation to Apply is issued and your application is submitted, if PEIPNP approved your application, they will invite you to attend a preliminary interview with officials from Immigration Services of PEI


Must provide a valid Language test resultLanguage test result (obtained within the last 2 years), and must achieve minimum of CLB 4 in each category of reading, writing, listening and speaking.