Business Category: Business Skills

Applicants for nomination in the Business Skills category will be required to:

1. Make a personal investment of at least $400,000 CAD to establish or to purchase and expand an eligible business anywhere in BC
    

2. Create at least 3 new jobs in the business for Canadians or permanent residents
    

3. Own at least one third (33 1/3%) of the equity of the business
    

4. Provide active and on-going participation in the day to day management and direction of the business
    

5. Demonstrate that they have:

   1. the skills and experience necessary to establish and operate a commercially viable business in BC;

   2. a personal net worth of at least $800,000 CAD obtained from legal sources

   3. sufficient unencumbered personal funds to make the required investment

   4. a viable business proposal
       

6. Sign a Performance Agreement with the Province of British Columbia
    

7. Sign a Deposit Agreement with the Province of British Columbia, if they are seeking a Fast Track nomination
    

   	Principal applicants in the Business Skills category may include 1 foreign key staff person as a co-applicant for nomination, but must still create 3 jobs for Canadians or permanent residents
   	Applications will not be accepted from individuals who have an unresolved refugee claim in Canada, are in Canada illegally, are under a removal order in Canada, or are prohibited from entering Canada.