Confederation Partners

Mobility. Freedom. Opportunity.

Since 1989.

Update to the PEIPNP File Submission Method

In 2018, the PEI Government will change its application submission method to the Expression of Interest model.

 

The EOI process may be summarized as follows:

-Confederation will submit a preliminary Expression of Interest (“EOI”) profile for your client.
-The EOI profile is valid for 6 months, and may be re-submitted after 6 months.  It may also be updated while in the queue, to increase its score.
-The EOI profile must identify the industry sector in which the applicant will invest.
-The PEI Government will select applicants based on points, or to target certain markets, industry sectors, or diversity.
-Additional points will be awarded to applicants who have visited PEI previously, or have children attending school in PEI.
-To encourage applicants to visit PEI prior to EOI submission, the PEI Government will issue invitation letters to assist them in obtaining TRVs.
-To score community endorsement points, the applicant must have secured a letter from that community, prior to submitting an EOI.  The future business plan must be based in this community.
-The business plan will be prepared prior to the exploratory visit, to be presented by the applicant during the interview.
 
 

Applicant Qualifications:
-intend to settle in PEI, and to manage, invest in, or own a business in PEI
-minimum 3 years, out of the last 5 years, of business management and/or ownership experience:
  • business ownership:  minimum 20% ownership (the principal’s and spouse’s % ownership may be combined) with active management of the company; OR
  • management:  the principal applicant must directly manage at least 3 employees
-minimum English or French score of CLB 4 (see the below website for converting IELTS to CLB:
-between age 18-59
-earned net worth of CAD $600,000 (principal’s and spouse’s assets combined)
-completed high school
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