Quebec Entrepreneur Programs

 

Quebec selects business immigrants who wish to settle in its territory. Only applicants who can significantly contribute to the local economy will be selected for permanent residency. So candidates have to meet the eligibility criteria of one of the three business immigration programs: Entrepreneur, Investor or Self-Employed Worker and submit an application for permanent residence. During the application evaluation process, applicants may be invited to a selection interview in Montréal. Eligible applicants will receive a Quebec Selection Certificate, an official immigration document issued by the Government of Quebec.

The Government of Canada accepts to Quebec only those business applicants that have been chosen by the province.

The Entrepreneur Program encourages approved applicants to come to Quebec on a temporary basis to launch their business project as soon as possible. Therefore, eligible applicants have to submit an application for temporary residence simultaneously as they apply for permanent residence.

In addition, applicants and their family members must pass the required medical examination and security screenings.

Applications for permanent residence will be turned down if the applicant’s health or of a family member, represents a risk to public health or safety or is likely to be an excessive burden on health or social services in Canada, even if the applicant has received a Quebec Selection Certificate.

Foreigners receive permanent resident status when they arrive in Canada. Permanent residents have the same rights as Canadian citizens, besides the right to vote. After three years of living in Canada, permanent residents can apply for Canadian citizenship.

 

Quebec skilled worker general requirements and perks

Option No. 1

You have to establish yourself in Quebec to open and run a business for which you have already got a service offer from a business incubator or a university entrepreneurship center. You can do your project on your own or with others. If you are doing it with others, then a maximum number of foreign entrepreneurs must be three, and they also have to apply as entrepreneurs for the same project.
You must prepare a business plan for your project.

Option No. 2


You have to establish yourself in Quebec to open or run a business.
You have to open a startup deposit and a security deposit at a Quebec financial institution with whom you have entered into a deposit agreement:
  • You should use the startup deposit to launch your business. The required amount is lower (CAD $200,000) if you open your business outside the Montréal metropolitan area. A startup deposit of CAD $300,000 is a must if the business is set up in the Montreal area.
  • The security deposit of CAD $200,000 is a guarantee that your business will actually be launched. Once you demonstrate that your business plan is successful, the sum will be refunded to your account.
You should also have a minimum net worth of CAD $900,000, alone or with your spouse or common-law partner, and you should prove that this money has been legally acquired.

You must prepare a business plan for your project.

 

Your business cannot be operated in any of the following activities:

  • Payday loans, cashing, or pawnbroking;
  • Real estate development or real estate or insurance
  • Production, distribution, or sale of pornographic or sexually explicit products or services related to the sex industry such as nude or erotic dancing, escort services or erotic massages;
Your business must have been running during the five years before the date of your application.