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The Quebec government chooses business people, entrepreneurs, and financially stable individuals who want to become permanent residents of Canada via Quebec business Immigration and settle in the province.
Once their application is accepted, successful candidates will be issued a Certificate of Selection from Quebec CSQ), allowing them to apply for permanent residency with the federal government.
Quebec Entrepreneur Program!
The Quebec Entrepreneur Program is an immigration program for entrepreneurs who can start a new business or acquire an existing one. Successful applicants can move to Quebec to carry out their business projects.
The Quebec Entrepreneur Program has two streams, each with unique eligibility requirements.
Stream 1: -
Applicants must settle in Quebec and receive a service offer to create and operate a business from a;
Business Accelerator – A Quebec-based organization providing support services to entrepreneurs, including financial and innovative business project assistance.
Business incubator – Another Quebec-based organization that offers support services to entrepreneurs who aspire to create innovative businesses.
University Entrepreneurship Centre – An organization at the university level that offers coaching services to entrepreneurs.
These organization must demonstrate their capacity to support the candidate and their business project. They must showcase how their support will occur, addressing the following elements:
Proposed Support Plan – List and describe the services they offer to candidates.
Operating Plan – A thorough breakdown of the budget for the offered services and a schedule outlining all the activities that will take place.
Expertise in There Mentioned Services – The entrepreneur’s project-related skills and accomplishments.
The candidate must present their application as a business plan to Quebec.
The candidate must settle in Quebec and either create a new business or acquire an existing business to manage its operations to be eligible for a Quebec Start-up Visa.
Candidate must make a start-up and security deposit at a financial institution with an establishment in Quebec with the one they have signed a deposit agreement:
Candidate must use the start-up deposit to set up your business. The required amount is as low as CAD $200,000 if you set up your business outside the Montréal metropolitan area (CMM). A start-up deposit of CAD $300,000 is required if the business is in the CMM.
The CAD $200,000 security deposit guarantees your business plan will be executed. The deposit will be refunded once you prove your plan was carried out.
The Candidate must also have a minimum net worth of CAD $900,000, alone or with your spouse or de facto spouse, and you must demonstrate that this money has been legally acquired.
Candidate must present your project in the form of a business plan.
If you create a business, you must own and control at least 25% of its equity capital. If you acquire a business, you must own and control at least 51% of its equity capital.
Your business must not be involved in any of the following activities:
Payday loans, cheque cashing, or pawn broking.
Real estate development or real estate or insurance brokerage.
Produce, distribute or sell pornographic or sexually explicit products or services related to the sex industry, such as nude or erotic dancing, escort services, or erotic massages.
Quebec Self-Employed Worker Program Eligibility!
To be eligible for the Quebec Self-Employed Program, applicants must meet certain conditions that distinguish them from the Quebec Skilled Worker Program:
Come to Quebec to create your job by practicing a profession or business activities, alone or with other immigration candidates, with or without paid help.
Make a start-up deposit at a financial institution located in the region where you intend to practice your trade or profession:
At least a $25,000 start-up deposit if you intend to practice your trade or profession outside the Montréal Metropolitan Community (MMC) area.
Minimum of $50,000 start-up deposit if you intend to practice your trade or profession in the MMC (Metropolitan Area of Montreal) area.
Applicants must have a minimum combined net asset value of $100,000 with their spouse or defector spouse and provide proof of the assets’ lawful acquisition.
Have at least two years of experience as a self-employed worker in the profession or trade you intend to practice in Quebec.
How can ICS help you?
After we assess your qualifications, you will be informed if you qualify. Suppose you qualify to apply for a permanent resident visa as a Quebec business immigrant. In that case, we will open your file and process your application for a permanent resident visa.
Please note that ICS will not share your personal information with any third party. All your submitted information will only be used to evaluate your visa eligibility.
Frequently Asked Questions (FAQs):
Can I immigrate to Canada as a business owner?
Canada offers immigration pathways for business owners and entrepreneurs wishing to move there. The main program for business immigration in Canada is the "Owner-Operator" pathway and the "Start-Up Visa" program.
Who is eligible for the Entrepreneur Program?
The Entrepreneur Program is open to determined individuals who can own and actively manage a business in Quebec. Eligibility is assessed based on net worth, business experience, business plan, and language proficiency.
How long does it take for Quebec immigration?
The duration for processing Quebec immigration applications differs significantly based on various factors, such as the particular immigration program you have applied for, the completeness of your application, the volume of applications being processed at the time, and other variables. The processing time could take anywhere from a few months to more than a year.
Can I appeal against my application rejection?
If your application gets rejected, you have the right to appeal. The appeal process differs based on the stream you applied through. It is best to consult with an immigration expert before appealing.