The applicants can either invest in a PEI company on their own or with a help of an approved island agent. Once the immigrant has decided to either invest or purchase a business, they should submit their business plan to the immigration of PEI. Their business plan includes:
They should have a company overview.
They should have a description of the industry, the products, and the services they are going to offer.
They should have a marketing plan and an operational plan.
They should have a description plan about the applicant’s role in their company.
They should also submit their historical financial statements.
The applicants for the permanent resident include the applicant’s: spouse or common-law partner or their conjugal partner and their children.