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.
This link goes to the issuing organization rather than to a page for this program on its own. Find the program from there, and check the current details before you apply.
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