Administered by Government of Prince Edward Island · Last verified: July 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.
The official program page moved or was archived. The link points at the issuing organization. Please verify program details before applying.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityPEI Business Impact: Work Permit Entrepreneur Stream is generally open to incorporated, self-employed, partnership businesses, in Prince Edward Island. Confirm the full criteria on the official program page before applying.
The estimated value is Requires $150,000+ investment; pathway to permanent residence. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Confirm you meet the $600,000 net worth threshold and are aged 21 to 59 2. Submit an Expression of Interest to PEI Office of Immigration 3. If invited, submit a full application and business plan 4. Move to PEI, invest at least $150,000, and operate the business for 12 months
Investor rebate of up to 20% of the equity purchase; up to $200,000 total per approved company
INCENTIVEUp to 50% of wages for 52 weeks, max $12.50 per hour
INCENTIVELoans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs