✔ The applicant should have a net worth of 6,00,000 $CAD which should have been legally acquired

✔ The minimum educational qualification is high school or secondary education (Class 12)

✔ Minimum English language competency score is 4 bands in reading, writing, speaking and listening

✔ Considerable work experience as manager

✔ Must propose a detailed business plan

✔ Make a minimum investment of CAD $1,50,000 in a new or existing business

✔ Sign an escrow agreement which will have terms of deposit of CAD $ 2,00,000

👉 Labour Impact Category

This stream attracts PEI immigration seekers, who do not wish to invest in a business plan and would like to work there. In order to work and stay in PEI, the candidates must have specific skills, academic profile and relevant work experience which are in sync with the local labour market requirements. The labor market requirements are based on skills required in high demand occupations in the region. This stream is further divided into – Skilled Workers Stream, Critical Workers stream and International Graduate Stream.

👉 Skilled Workers Stream

This stream is ideal for PEI immigration aspirants, who have been selected or hired by a local employer. Please note that only experienced candidates, who are currently working in PEI or have a job offer from a PIE employer, can apply under this stream. Selected candidates have to be engaged in a specific occupation or profession for a particular period. In a nutshell, the eligibility criteria for this stream are minimum two years of work experience in specific occupation or domain, minimum educational qualification of 2-year degree or diploma, minimum English proficiency score and a valid work permit.

👉 Critical Worker Stream

This is an apt stream for candidates, who have already been employed an employer in PEI, and the employer is ready to sponsor them to secure Canada PR. Both semi-skilled or unskilled candidates can apply in this category. The eligibility criteria in this stream are – employment letter generated by an employer in PEI as per the NOC category C or D, at least work experience of six months with an employer in PEI, valid work permit to work in PEI, minimum work experience of two years, minimum Secondary Education (Class 12) and an IELTS score of at least 4 bands.

👉 International Graduate Stream

Employers based in PEI can hire an international graduate for a job from recognised universities and colleges in PEI. Candidates must have a job letter issued by an employer from PEI in one of the NOC categories O, A or B, minimum work experience of six months with an employer in PEI, must have a valid post-graduate work permit, minimum Secondary Education and minimum English proficiency score.

Also Read – Prince Edward Island PNP Draw Score

What is the processing time for Prince Edward Island Provincial Nominee Program?

The processing time and documentation for PEI PNP depends on a number of factors like academic and work credentials of candidates, valid set of documents, and labor market needs. Selected candidates, who fulfill all eligibility criteria, can easily migrate to the PEI in six to seven months. However, in the Prince Edward Island Express Entry gateway, there is no guarantee that all the applications will be reviewed and assessed immediately, rather it largely depends on the labor market demands in PEI.

Prince Edward Island Occupation In-Demand List 2022

While there are opportunities available for all the occupations in Prince Edward Island, there are few professions which are in demand in the region and they are –