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Every deduction Canadian small businesses miss

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Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.

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INCENTIVEPrince Edward Island

PEI Business Impact: Work Permit Entrepreneur Stream

Last verified: June 2026

Prince Edward Island's provincial nominee pathway for entrepreneurs who actively run a business on the island. It carries one of the lower language thresholds in Canada (CLB 4) but requires a verifiable personal net worth of at least $600,000 and an investment of at least $150,000 in the business within the first year. Applicants must live on PEI for at least 274 days per year and operate the business for a minimum of 12 consecutive months before being nominated toward permanent residence.

See if I qualifyIssuing org

The official program page moved or was archived. The link points at the issuing organization. Please verify program details before applying.

Estimated value
Requires $150,000+ investment; pathway to permanent residence
Approval likelihood
Medium
Ready to apply score
70/100
Documents needed
5

Eligibility

  • Business types:incorporated, self-employed, partnership
  • Industries:All industries
  • Provinces:Prince Edward Island

What you'll need

  • Verified personal net worth statement (minimum $600,000)
  • Business plan
  • Proof of transferable management experience
  • Language test results (minimum CLB 4)
  • Provincial application fee payment ($10,000)

How to apply

  1. 1Confirm you meet the $600,000 net worth threshold and are aged 21 to 59
  2. 2Submit an Expression of Interest to PEI Office of Immigration
  3. 3If invited, submit a full application and business plan
  4. 4Move to PEI, invest at least $150,000, and operate the business for 12 months

Is your business a fit for PEI Business Impact: Work Permit Entrepreneur Stream?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Related programs

INCENTIVE

PEI Equity Investors Incentive

Investor rebate of up to 20% of the equity purchase; up to $200,000 total per approved company

INCENTIVE

PEI Graduate Mentorship Program (For Employers)

Up to 50% of wages for 52 weeks, max $12.50 per hour

INCENTIVE

Ulnooweg Indigenous Business Financing

Loans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.