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Atlantic Canada
Atlantic Canada, also known as the Atlantic Provinces, is the region of Canada comprising four Provinces located on the Atlantic Ocean: New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador; Atlantic Atlantic Atlantic Atlantic Atlantic Canada Canada Canada Canada Canada has a population of 2.3 million people; cities are safe and friendly; has free Canadian medical care; has a high level of education with 15 degree granting Universities; is tax-friendly for business.

Prince Edward Island

Prince Edward Island also known as PEI or the Island is located on the east coast of Canada and is connected to the mainland by the Confederation Bridge. The capital city is Charlottetown. In July 2009, the provinces population was estimated to be 140,985. The primary industries are agriculture, fisheries and tourism. PEI is Canadas smallest and greenest province. The Island is a place of natural beauty where the air and water are fresh and clean. The Island is 5,683.91 km2 in size.

Atlantic Business PNPs

Atlantic Canada Provinces each have a Co-operation Agreement with the Canadian government that allows each province an active role in selecting immigrants who meet criteria set by each province within the framework of Canadian Immigration law; Atlantic Canada Provinces PNPs, which CIBI* participates in, are selected for fast and efficient processing for immigrant applicants who intend to partner in business with Atlantic Canada business people; and Atlantic Canada Provinces that nominated immigrant applications for Canadian Permanent Residency are accorded priority at Citizenship and Immigration Canada visa offices abroad and are therefore processed for Permanent Residency faster than other economic applicants. Processing times are under six months for Permanent Residency.

The Government of Prince Edward Island http://www.gov.pe.ca/infopei/

*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law Firm Immigration PLF has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global Advantage Corp. PGA are affiliated.

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PEI PNP 100% Ownership Entrepreneur PART 1: ELIGIBLITY OUTLINE

The Principal Applicant PA must, 1. provide evidence of personal net worth of at least $400,000 CAD obtained from legal sources; 2. be between the ages of 21 to 56; 3. have a minimum of 12 years education and complete secondary school; 4. have business management experience relevant to the eligible business with at least two (2) years of management experience in the past five (5) years and currently employed; 5. have an IELTS test score (obtained within the last 3 years) for a Canadian Language Benchmark Placement Test equivalent score of 5, and if CLBPT equivalent score is 4, but less than 5, the PEI PNP will interview the Applicant and after the interview the Applicant will need to make a $10,000 CAD language deposit for post-landing ESL training as specified by the PEI PNP; 6. intend to make a minimum $150,000 CAD investment in an eligible PEI business and provide active and ongoing management of the business from within PEI; 7. make a $100,000 CAD deposit to the PEI PNP which is held in escrow, to be returned, without interest, once the terms and conditions of the Escrow Agreement have been met; 8. intent to reside in PEI with his/her immediate family for not less 183 days in a calendar year; 9. obtain at least 50 points on the Business Impact SelfAssessment Form; 10. visit PEI for a period of no less than 5 business days to conduct extensive research and to complete an interview with a PEI PNP official; 11. for the calendar year 2011, the PEI PNP has allocated 25 nominations certificate openings to CIBI to attempt to fill in the Business Impact Category; and 13. CIBI has the right to determine whether it will accept any application. 14. The PEI PNP will not process any application where the PA or spouse has applied any time in any other permanent residency program in Canada, unless and until the PEI PNP first reviews the matter and agrees to process the application. 12. before CIBI will accept any application, please send a one to two (1-2) pages(s) summary to CIBI for its assessment and addressing the basic criteria as follows:

a b c d e

Age Both PA and spouse/dependents; Education Both PA and spouse; Managerial experience and business ownership Both PA and spouse; Language Both PA and spouse; Net Worth Please provide a draft of Schedule 4A and if relying on real property a copy of any Deeds and a copy of any available supporting documents relied upon to prove ownership and value of $400,000 CAD net worth; How the PAs management is relevant to the proposed investment/business; How the proposed business is relevant to PEI and is the proposed business in one of PEIs strategic sectors Bioscience, Information Technology, Aerospace Renewable Energy Financial Services or Manufacturing and Processing; and The history of applications by PA and spouse for TRVs and Immigration to Canada.

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*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law Firm Immigration PLF has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global Advantage Corp. PGA are affiliated.

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Language Proficiency
15. International English Language Testing System (IELTS) to Canadian Language Benchmark Placement Test (CLBT) IELTS Speaking 6.5 6.0 5.5 5.0 4.0 3.5 IELTS Listening 7.5 6.0 5.5 5.0 4.5 4.0 IELTS Reading 6.5 6.0 5.0 4.0 3.5 3.0 IELTS Writing 6.5 6.0 5.5 5.0 4.0 3.5 CLBPT Score 9+ 8.0 7.0 4.0 5.0 4.0

nominations to the three streams of the Business Impact Category based on the strengths and merits of the application and the economic value to PEI. [March 2011, Website] 20. Processing times for the PEI PNP can vary based on the number of applications received, completeness of the application and time required to corroborate necessary verifications. [March 2011, Website]

Priority Sectors
21. PEI will be limiting its nominations to applicants who are best suited to enhance the PEI economy. 22. PEI will be giving priority to application involving: c. The starting or expanding of an export-oriented business; d. Businesses that utilize primary sector resources from the following sectors (Agriculture, Fishery and Forestry); e. Businesses that help economically diversify rural communities in PEI: f. Businesses that develop the provinces emerging innovative sectors; bioscience, information technology, aerospace and renewable energy. [March 2011, Website] 23. Preference will be given to applications that can demonstrate the ability to increase or maintain employment levels within the business. [March 2011, Website]

16. An applicant with less than CLBPT 5 but greater than CLBPT 4 will be required to: a. Before nomination, make a $10,000 deposit for postarrival training and; b. After landing, 1. re-test on PEI to determine if training is still required; 2. enroll in a language training institution approved by the PEI PNP; 3. the applicants deposit will be used to pay for the required language training; 4. attend language training until the applicant has met the terms and conditions of the language deposit agreement 17. CIBI will not accept any application with a proficiency of less than CLBPT 4 without prior written approval agreement. 18. TEOFL may be acceptable on a case-by-case basis with prior PEI PNP consent including where the test was already done or IELTS testing is not available in the Applicants country.

Relevancy to PEI Economy

24. The applicants choice of a PEI business should match their skill set and abilities to run that particular business. 25. The proposed business must economically benefit PEImust be relevant to PEI. 26. The PEI PNP will consider any other business the immigrant entrepreneur proposes and the PEI PNP accepts as economically beneficial to PEI.

PEI PNP Prioritization

19. Due to limitations on immigration levels nationally and the effects on the Provincial Nominee Programs, the province of PEI reserves the rights to prioritize

*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law Firm Immigration PLF has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global Advantage Corp. PGA are affiliated.

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Business Proposal Filed at Stage 1: Complete Formal Application

27. At the time of application, a business proposal document is required in recognition of the challenge of providing a comprehensive business plan prior to the applicants exploratory visit to PEI. [March 2011, Website] 28. The PEI PNP requires that the Executive Summary Business Proposal show that a reasonable amount of the total investment will be in tangible assets used in the operation of the business in PEI. 29. The business proposal must include the following, g. Business Experience: The applicants personal business experience, and spouses if relevant, including years experience, description of positions and duties, business ownership experience, international trade experience; past annual revenues generated and profitability. Identify specific areas of business strength or advantage. h. Markets; Products and services with which the applicants expertise and spouses if relevant and whether those products and services have relevance to the PEI business environment. Describe any business activities currently active, which may directly be transferable to PEI, or any markets you have developed which could be accessed from PEI. i. Capacity: Describe the areas of activity you will explore to identify the most effective business opportunity to suit your experience and skills. Outline the potential investment you plan or intend to make in a PEI business. [March 2011, Website] 30. The Business must have the potential to create significant economic benefits to PEI by contributing one or more of the following: j. Increasing value-added manufacturing, processing or primary resource activity; k. Increasing exports of goods or services; l. Increasing destination tourism, tourism attractions, tourism fixed roof accommodations excluding all new construction and recreational property development;

m. Increasing research and development/technology commercialization; n. Increasing technology, skills and specialized knowhow to the province; o. Servicing an underserved local or regional market; and p. Diversifying retail and restaurant investment. [March 2011, Website]

Active and On-Going Management

31. Participation by the applicant in the day-to-day operations and decision making of the business while assuming a managerial role. The managerial role requires direct involvement in major decision making, human resources, finance, accounting, sales, marketing, purchasing etc. and any other related activities deemed necessary for the businesss viability. [March 2011, Website]

Business Plan Filed at Stage 3: Post Interview

32. The Business Plan is founded on the Applicants answers to questions presented by CIBI and it is finalized by a Chartered Accountant in Prince Edward Island (PEI CA), who is commissioned by the Applicant. 33. CIBI will pay up to $5,000.00 CAD to the PEI CA towards finalizing the Applicants Business Plan and any cost overrun above $5,000.00 CAD is the responsibility of the Applicant CIBI does not expect any cost overrun provided the Applicant fully participates in the process. 34. The PA should have access to sufficient liquid assets at landing or within 2 years after landing to cover the minimum required investment of $150,000 CAD and provision for the successful settlement and support of dependent family members for up to two (2) years without third party assistance. The actual amount of funds required will depend upon the planned business venture in PEI. The PA should be prepared to explain how this liquidity will be obtained.

*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law Firm Immigration PLF has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global Advantage Corp. PGA are affiliated.

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35. Liquid assets are cash, demand deposits (with a financial institution), term deposits, tax shelters convertible to cash, and readily marketable investment including publicly traded stocks or bonds. 36. Statistics Canada indicates the average household expenditure in PEI for 2009 was $57,000. 37. The access to liquidity requirement for a minimum of $150,000 CAD investment, plus 2 years living expenses at $60,000 CAD per year totals $270,000 CAD less any refund of the $100,000 CAD bond from the PEI PNP. This information is compiled for your benefit to the best of CIBIs knowledge and belief and is subject to change without notice.

Pace Law Firm (Immigration)

295 The West Mall, 3rd Floor Toronto, Ontario M9C 4Z4 Tel: 001.416.236.3060 Toll Free: 1.888.825.9303 Fax: 001.416.236.1809 Email: immigration@pacelawfirm.com www.paceimmigration.com

*CIBI: Can-Nection Immigrant Business Investments Ltd. www.can-nection.com. Pace Law Firm Immigration PLF has an agreement with CIBI for the PEI PNP Program. PLF and Pace Global Advantage Corp. PGA are affiliated.