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WDIC Product News

21 August 2014



This is a PR visa program providing opportunities to foreign nationals to invest and develop a business in British Columbia. An entrepreneur who is ready to invest and actively manage a business anywhere in BC outside of the Vancouver and Abbotsford metropolitan areas is eligible for this Business Immigration stream. The Business Immigration application process has two phases:
1. In phase one, applicant have to sign a performance agreement and applicant is initially supported for a two-year work permit.
2. In phase two, when applicant arrive in B.C. on the work permit, establish and actively manage his business, and complete the investment and job-creation requirements.

Minimum criteria for applicant:
1. Business experience as a senior manager or business owner.
2. Provide business proposal
3. The applicant and his spouse must have a personal or combined net worth of at least $400,000 obtained from legal sources. Applicant must provide documents to support the net worth reported in application.
4. 5. Invest or start a business outside of the Vancouver and Abbots ford metropolitan areas of BC.