QUEBEC ENTREPRENEUR PROGRAM

This program is designed for individuals who would make investment in the economy of Quebec and contribute in its development. Quebec is known for its strengths in the mining sector, forestry, and farming. Also it is the important center for aerospace, life sciences, multimedia, information and communication technologies that has dynamic services industry.

Requirement from the Candidate

  • Minimum net worth of $300,000 CAD.
  • Has management experience in a lawful and profitable business for at least two out of the five years preceding the submission of an application, where the applicant, alone or with a spouse, controlled at least 25% of its equity.
  • Also mentioning between one of the two components in the application,
  • Ability to carry out a business project: Submit a business project with the purpose of creating or acquiring a business (agricultural, industrial or commercial) in Québec that you will manage yourself or that you will participate in as management and operations partner on a daily basis. You must control, alone or with your accompanying spouse or common-law spouse, at least 25% of the capital equity with a value of at least C$100,000.
  • Acquire a business: Have acquired in Québec, alone or with your accompanying spouse or common-law spouse, at least 25% of capital equity in a business (agricultural, commercial or industrial) with a value of at least C$100,000. You must manage the business yourself or participate in it as management and operations partner on a daily basis.
  • Showing French or English language abilities through a standardized test if they require the points for these selection criteria.

The Application Procedure

  • Submit the complete application under one of the two business components and pay the fees.
  • Applicants selected for processing gets invited for interview with the government immigration officer.
  • After the interview, the applicant is approved for the entrepreneur program, for this a separate application is sent to Citizenship and Immigration Canada to complete security and medical checks.
  • Upon arrival in Quebec, the applicant must comply, for at least one year during the three years after obtaining permanent resident status, with the following conditions:
  • Create a new venture or acquire in whole or in part, an agricultural, commercial or industrial business established in Québec, where you hold at least 25% of the capital equity with a value of minimum C$100,000 that will employ a Québec resident on a permanent basis for a minimum of 30 hours a week other than yourself and accompanying family members.
  • Also participation in the daily management, operations of the business is mandatory.