Business Immigration to British Columbia: Regional Pilot Program at a Glance
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British Columbia’s Entrepreneur Regional Pilot is one of the most attractive PNP streams for small business owners who want to establish themselves in Canada. It is one of the most promising options is the BC Entrepreneur Regional Pilot, designed to attract experienced entrepreneurs to smaller BC communities.
This program is recently launched by the province of British Columbia (BC) to attract foreign entrepreneur to invest and establish new businesses and participate in the economic development priorities of regional communities in BC.
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Non-eligible Businesses:
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The registrations are only considered for entrepreneurs who intend to establish eligible new businesses in the participating communities from the economic development priorities identified by the participating communities in the province of British Columbia. The following, however, are considered Ineligible Businesses:
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an immigration-linked investment scheme under Provincial Immigration Programs Regulation and the Immigration and Refugee Protection Regulations (IRPR);
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any business with a redemption option in terms of investment per IRPR;
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any business with a passive investment per IRPR;
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automated car wash operations;
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bed and breakfasts, hobby farms and home-based businesses;
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businesses selling used goods (excluding businesses that provide value-added services such as repairs, refurbishing or recycling);
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businesses involved in producing, distributing or selling pornography or sexually explicit products or services, or providing sexually oriented services;
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coin-operated laundries;
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DVD rental stores;
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No seasonal business;
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payday loan, cheque cashing, money changing and cash machine businesses;
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pawnbrokers;
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real estate development/brokerage, insurance brokerage or business brokerage;
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scrap metal recycling;
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tanning salons; and
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any other type of business that by association would tend to bring the BC PNP or the Government of British Columbia into disrepute.
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Participating Communities with Populations and Priority Investment Sectors
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If you’re planning to invest or start a business in British Columbia, the BC Entrepreneur Regional Pilot is a great option for newcomers looking to settle in smaller communities. Targeting “BC Entrepreneur Regional Pilot” is a smart move, since it’s one of the least business investment program for business immigration in British Columbia.
The contents herein are intended to provide general information to subject matter.
Depending on the investment in the specific sector and community, for all queries and legal advice please contact Asif Anwar