British Columbia PNP creates jobs, brings investments
Canada, 21st June: Fast tracking immigrants into Canada through British Columbia’s Provincial Nominee Program helps in creating new jobs as well as brings in foreign investment.
The BC Provincial Nominee Program(British Columbia PNP) allows fast-track immigration of aspiring immigrants into this Canadian province.
BC PNP- a great success-The program BC PNP launched way back in the year 2001 has helped a large number of immigrants come and settle here. It allows fast-track Canada permanent residency to applicants wanting to move to BC provided the skills possessed by them are in accordance with the requirements of BC employment market and needs of BC economy.
The BC PNP offers a fast-track immigration to applicants as compared to other Canada immigration programs.
Provincial Nominee program brings in investments, new jobs in BC—Among various benefits of the BC PNP include increased foreign investments from immigrant or business entrepreneurs coming to British Columbia. This has helped a large number of families living in BC, reveals a latest report by a renowned accounting and business advisory company in Canada, Grant Thornton LLP.
As per the report, foreign investments to the tune of $423 million have been poured in by 203 immigrant entrepreneurs getting Canada Permanent Residency between the year 2005 and 2010.
And the program also helped in generation of around 1,100 new jobs in British Columbia, the reports adds.
Nearly 93 percent of immigrant entrepreneurs surveyed for the report and coming to British Columbia through BC PNP had invested around $498,000 in their businesses in this Canadian province on an average within a year of their arrival here.
BC immigrant program fulfils demand for skilled people—Another wonderful benefit of the BC PNP is that it adequately caters to the growing need of required skilled workforce in the province by allowing immigrants including health professionals, foreign graduates as well as post graduates wanting to move and live in British Columbia.
Out of the total skilled immigrants coming to BC under BC PNP, around 94 percent stay in BC. It may be mentioned that there is a huge shortage of skilled workforce in BC and the number of jobs going to become available in the next ten years is estimated to be around one million.