Immigrate To Prince Edward Island:
Prince Edward Island is one of the 12 provinces of Canada. It is the tiniest province in Canada. It has an estimated population of about 142,907. It is also one among the 3 Maritime Provinces and it is said to be the smallest province of Canada as it is having very small area and also the population is less compared to other provinces in Canada. As it is an island, the fishing sector is the main sector that helps in the growth of the economy of Immigrate To Prince Edward Island. It is the smallest province but it is having many tourist spots which look absolutely mind-blowing. So, tourism also helps in the growth of the economy of Prince Edward Island. Agriculture is the main occupation that constitutes most part of the growth in the economy of Prince Edward Island
Now let’s discuss in detail various Canada Visa Programs which help you to Immigrate To Prince Edward Island
Prince Edward Island Provincial Nominee Program:
This is a special program for immigration into Prince Edward Island province. Using this program, you can immigrate to Prince Edward Island with an easy application process but this program takes more processing time when compared to Express Entry into Prince Edward Island. There will be a lot of competition as people all over the world who wish to work or stay in Prince Edward Island will apply for immigration under this program. We will now discuss Express Entry into Prince Edward Island.
Express Entry:
Applicants applying for immigration under Express Entry will be expected to be given special priority and they can immigrate much faster compared to other ways of immigration to Canada. The application process of a person who has applied for Express Entry into Canada is completed in less than 6months. There are two different streams under Express Entry.
Other than Express Entry, you can also apply for immigration under the official PEI PNP which is having various streams or categories which help your immigration process to be much easier.
The PEI PNP has two categories:
1) Business Impact
2) Labor Impact
Business Impact:
This program is meant for people from different countries of the world who wish to invest funds in a business in Prince Edward Island and manage that business according to the changes in the economy of Prince Edward Island. This category contains three streams.
a) 100% Sponsorship Stream:
As the title indicates, the foreign individual must have total control over the business. So the business must be a new business set up by the person or an old enterprise that the person has taken control over.
b) Partial Ownership Stream:
In this stream, the foreign individual must make a minimum investment of $1,000,000 in the local business or he/she can also purchase 1/3 of the company which makes the purchase to be partial so the person now is having partial ownership of the company.
c) Work Permit Stream:
In this stream, the foreign individual who wishes to invest funds in a local business in Prince Edward Island has a chance of working in that particular company which he wants to invest in for a limited period of time. So the person can decide after working for a limited period of time in that company whether he wants to invest in that company or not.
3) Labor Impact Category:
Unlike Business Impact Category, here owning a business or investing in a business is not done. In this category, you are given a work permit to work in Prince Edward Island and settle there itself. To gain a work permit under this category, you need to possess the minimum required skills and knowledge to be selected. This category is having 2 streams:
a) Skilled Worker Stream:
Under this category, you need to be hired by an employer working in Prince Edward Island or you need to have an offer of employment with a future. You need to have the required skills and knowledge for working in that particular business in which you are hired by the employer.
b) Critical Worker Stream:
Under this category, the individual applying under this category must have been working in a business in Prince Edward Island or need to have a full-time job offer from an employed working in a company situated in PEI and the employer must guarantee you a permanent residence in PEI. Some of the occupations which fall under this category are general maintenance, housekeeping, automobile driving, and catering service.
These are the different categories in Prince Edward Island Provincial Nominee Program (PEI PNP).