PEI PNP Business Impact Category: 100% Ownership Criteria

Archived PEI Office of Immigration page (Wayback 21 Apr 2015) on the Business Impact Category 100% Ownership stream: criteria (net worth C$600,000, high-school education, age 21-59, management experience, IELTS 4.0 within 2 years, business plan, active management in PEI, C$200,000 escrow deposit, investment of at least C$150,000), escrow refund schedule (C$25,000 after 6 months, C$25,000 after 1 year, C$150,000 on meeting the agreement), purchase-and-sale agreement contents, priority sectors, business eligibility criteria (assets C$150,000; C$60,000 wages or net income for Partial Ownership sellers; reporting up to 5 years), ineligible businesses, start-up rules, limits on access (48-month bar, one applicant per associated group), due diligence contacts. This pass added: age limits, IELTS score and recency, three escrow refund tranches, business asset and wage thresholds, the new-company asset rule, the 5-year reporting period, the 48-month bar and the one-applicant-per-group limit (13 rules). Earlier passes had the net worth, investment and escrow amounts.