Business owners and managers interested in taking their business operations to Canada should seriously consider the Quebec Entrepreneur Program – and here’s why!
What is this program about?
The Quebec Entrepreneur program allows qualified business owners and managers the opportunity to obtain permanent residency in Canada, provided they can effectively start or acquire a business in Quebec.
Interested entrepreneurs can apply under two streams:
Stream One focuses on new businesses or start-ups based in Quebec with the support of a business incubator, accelerator or university in the province.
Stream Two focuses on businesses owned and operated by an owner.
What are the qualifying requirements?
For both streams, there are a series of qualifying requirements that applicants need to meet.
Stream One requirements include:
- Obtaining a passing score of 41 in the points test on various factors such as education, age, experience, language proficiency in English or French and family members currently residing in Quebec;
- Having the Canadian equivalent of at least a secondary school general diploma;
- Submitting a contract to the Quebec government to prove financial self-sufficiency;
- Providing a service offer from an enterprise incubator, accelerator or university entrepreneurship center;
- Submitting and demonstrating a successful evaluation of the business project.
Stream Two requirements include:
- Obtaining a passing score of 81 in the points test on factors such as education, age, experience, language proficiency in English or French and family members currently residing in Quebec;
- Having the Canadian equivalent of at least a secondary school general diploma;
- Submitting a contract to the Quebec government to prove financial self-sufficiency;
- Providing a start-up deposit of CAD 300,000 for a business in – or CAD 200,000 for a business outside of – Montreal;
- Actively controlling – either alone or with your common-law partner – at least 25 per cent of the equity of the enterprise you create, or at least 51 per cent of the capital you acquire;
- Having a minimum net worth of CAD 900,000.
For more details on the eligibility requirements and how to overcome the points test, get in touch with our RCIC registered immigration consultants!
What are the benefits?
Applying for business immigration under the Quebec Entrepreneur program will grant you multiple benefits, including:
- Permanent residency in Canada;
- Including your immediate relatives in your application for permanent immigration to Canada;
- Enjoying the healthcare services of Medicare, Canada’s excellent public healthcare scheme;
- Free public education for your children in Canada’s outstanding education system;
- Access to some of the best universities in the world;
- Applying for Canadian citizenship.
How do I apply?
To get started on applying for permanent business immigration to Canada via the Quebec Entrepreneur program, contact eduaid! Our highly skilled and trained immigration consultants are registered with the Regulated Canadian Immigration Consultants (RCIC), and are officially recognized by the Canadian authorities! With our help, your dream of becoming a Canadian permanent resident will become a reality – sooner than you can imagine!
For more information on permanent business immigration to Canada, give us a call, or visit our offices!
