Prince Edward Island offers rewarding career opportunities and a business community that is supportive of entrepreneurs. 
If you are seeking permanent residency in Prince Edward Island, one pathway is the PEI Provincial Nominee Program (PNP). PEI PNP is an excellent vehicle for newcomers who wish to relocate to a safe and secure small community with a relaxed pace.
Individuals are selected for nomination based on their intention to live and work in PEI and their economic ability to establish here.
To qualify for the PEIPNP, applicants must have a minimum net worth of CAD $600,000 (and be able to prove that these funds were earned through their own endeavors), have completed at least 12 years of school, have 2 years of business management or ownership experience, have an IELTS score of at least 4.0, and intend to settle in PEI and own/manage a business from within PEI.
The Business Impact Category considers experienced business managers and entrepreneur applicants with vision, strong leadership skills, and determination. There are three pathways to permanent residency through the Business Impact Category of the Prince

• 100% Ownership Stream;
• Partial Ownership Stream;
• Work Permit Stream.

100% Ownership Stream: - Investors who plan to assume full ownership of a PEI business by investing are eligible for this stream.

• Minimum Requirements

In order to be eligible under the 100% Ownership Stream, applicants must:

• Be within 21 and 59 years of age;
• Possess a minimum net worth of $600,000 CAD acquired through legal and legitimate sources;
• Possess at least a high-school level of education;
• Have transferable management skills and past employment;
• Score a minimum of 4.0 on an IELTS English test within the last two years;
• Provide a detailed business plan for 100 percent ownership of the business;
• Provide active and ongoing management of the business from within PEI;
• Sign an escrow agreement containing stipulations on a deposit of $200,000, which will be held by the province until the terms of the agreement are met; and
• Make a minimum investment of $150,000 CAD into a new or existing PEI owned and operated business. 

Partial Ownership Stream: -Applicants who plan to assume partial ownership (at least one-third) of a PEI business through investment are eligible for this stream.

• Minimum Requirements

In order to be eligible under the Partial Ownership Stream, applicants must:

• Be within 21 and 59 years of age;
• Possess a minimum net worth of $600,000 CAD acquired though legal and legitimate sources;
• Possess at least a high-school level of education, or equivalent;
• Have transferable management skills and past employment;
• Score a minimum of 4.0 on an IELTS English test within the last two years;
• Provide a detailed business plan for partial ownership of the business;
• Provide active and ongoing management of the business from within PEI;
• Sign an escrow agreement containing stipulations on a deposit of $200,000 CAD, which will be held by the province until the terms of the agreement are met; and

• Make a minimum investment of $150,000 CAD in a PEI business for a partial ownership interest of at least 33.33 percent (one-third) of voting shares, or make a minimum $1,000,000 CAD investment in the company. 

Work Permit Stream: - The Work Permit Stream allow applicants to work using a temporary work permit, which enables them to enter Canada and become familiar with the business in which they will be investing prior to being nominated by Prince Edward Island. The temporary work permit is issued by Immigration, Refugees and Citizenship Canada (IRCC), not the PEI PNP. 

• Minimum Requirements

In order to be eligible under the Work Permit Stream, applicants must:

• Apply to IRCC for approval of a work permit for the PEI business that they intend to manage;
• Possess a minimum net worth of $600,000 CAD acquired through legal and legitimate sources;
• Possess at least a high-school level of education, or equivalent;
• Have transferable management skills and past employment;
• Score a minimum of 4.0 on an IELTS English test within the last two years;
• Provide a detailed business plan for full or partial ownership of the PEI business;
• Provide active and ongoing management of the business from within PEI;
• Sign a Performance Agreement containing stipulations on the business investment that must be satisfied to proceed with nomination; and