The first stream aims to invite applications from the foreign skilled workers, whereas the second stream, accepts the application from those candidates who are looking to settle and invest in the BC province.
Having said that, Canadian law allows the every Canadian citizen and permanent resident to live and work in any province or territory of Canada. Hence, once you have become the Canadian permanent resident, you can live and work any part of Canada.
However, the skilled immigration applications received w.e.f. February, 2016 is estimated of receiving in 2-3 months. The processing time entrepreneur immigration stream is also depends on the year and month you have applied in. It is also subject to verification process. Usually, the application received from January, 2016 is estimated to get processed in 3-4 months.
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