Good Faith Deposit Agreement Form – Fill Out and Use This PDF

I sland I nv est m ent Dev elopm ent I nc.	Telephone: 90 2 620 3628
94 Eust on St r eet , 2 n d Floor	Facsim ile: 902 368 5886
PO Box 1176
Char lot t et ow n, Pr ince Edw ar d I sland	Em ail: p e in o m in e e @g o v . p e . ca
Canada C1A 7M8	Websit e: w w w . g o v . p e . ca / im m i g r a t i o n

Good Fa it h D e p osit Ag r e e m e n t For m

I _______________________________________ , bor n on ( d/ m / y ) __________________________ ,

declar e t hat m y fam ily m em ber s and I int end t o live in t he Pr ov ince of Pr ince Edw ar d I sland if I am successful in at t aining Canadian per m anent r esident st at us.

I n suppor t of t his under t ak ing, I hav e pledged a Good Fait h Deposit of $ 25, 000 t o be held by t he Pr ov ince of Pr ince Edw ar d I sland for a per iod of one y ear aft er I am gr ant ed per m anent r esident st at us by t he

Gov er nm ent of Canada. The deposit is fully r efundable ( w it hout int er est ) , pr ov ided t hat I am able t o pr ov ide ev idence sat isfact or y t o t he Pr ov ince of Pr ince Edw ar d I sland t hat t he condit ions pr ecedent for r efund hav e been m et .

Condit ions Pr ecedent t o Refund of t he Good Fait h Deposit Pledged by an I m m igr ant Par t ner

1 .	That t he I m m igr ant Par t ner is act iv e in t he inv est ee com pany as a Dir ect or or as a Senior Manager at
	t he “ O” lev el of t he Nat ional Occupat ional Code; and
2 .	That t he I m m igr ant Par t ner and his/ her fam ily hav e r esided and m aint ained a r esidence in Pr ince
	Edw ar d I sland for a m inim um per iod of one ( 1) y ear aft er r eceiv ing per m anent r esident st at us.

Ev idence t hat t he condit ion pr ecedent cit ed under ( 1 . ) has been m et w ill be a declar at ion t o t his effect

ex ecut ed by t he Chair of t he Boar d of Dir ect or s signing t oget her w it h t he Chief Ex ecut iv e Officer on behalf of t he inv est ee com pany , and t he I m m igr ant Par t ner .

Ev idence t hat t he condit ion pr ecedent under ( 2 . ) has been m et m ay include, but is not necessar ily lim it ed t o, a v isit t o est ablish t he dw elling is ow ned/ leased and occupied by t he im m igr ant fam ily ; local em ploym ent ;

r ent al r eceipt s; pr oper t y t ax r ecor ds; ut ilit y bills; r egist r at ion of any childr en at a local school or day care facilit y ; com m unit y or ot her t hir d par t y cor r obor at ion, per sonal Canadian incom e t ax r et ur n and not ice of assessm ent .

Condit ions Pr ecedent t o t he Refund of t he Good Fait h Deposit Pledged by an I m m igr ant Ent r epr eneur

1 . That t he business est ablished by t he I m m igr ant Ent repr eneur is fully oper at ional selling goods and/ or ser v ices at ar m ’s lengt h t o unr elat ed t hir d par t ies; and

2 . That t he I m m igr ant Ent repr eneur and his/ her fam ily hav e r esided and m aint ained a r esidence in

Pr ince Edw ar d I sland for a m inim um per iod of one ( 1) y ear aft er r eceiv ing per m anent r esident st at us.

Ev idence t hat t he condit ion pr ecedent cit ed under ( 1 . ) has been m et m ay include, but is not necessar ily lim it ed t o a pr e- ar r anged v isit t o t he business pr em ises; an ex am inat ion of t he book s and r ecor ds of t he

ent er pr ise; ex am inat ion of financial st at em ent s independent ly audit ed/ r ev iew ed by a Char t er ed Account ant or a Cer t ified Gener al Account ant ; ex am inat ion of t ax r et ur ns t o t he Canada Cust om s & Rev enue Agency or t he Pr ov incial Tr easur y ; or ot her independent cor r obor at ion .

Sept em ber 2 0 0 7

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For m : Good Fait h Deposit Agr eem en t ( PEI - PNP- 0 3)