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Quebec Entrepreneur Program

QUEBEC ENTREPRENEUR PROGRAM
Quebec Entrepreneur ProgramQuebec Entrepreneur Program

Quebec Entrepreneur Program

As of August 2015, the Quebec Entrepreneur Program has re-opened and intends to administer Permanent Resident cards to immigrant entrepreneurs provided that they can effectively create or acquire an agricultural, commercial, or industrial business in the Province of Quebec.

Requirements for applying:

  • Intent to reside in Quebec
  • Have net assets of at least $300,000.00 (CAD)
  • Minimum 2 years of running a business acquired within 5 years of applying for the program
  • Medical examination and security check
  • Present your application in one of the two following program components:
    • 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. You must manage it yourself or participate in the management and operations on a daily basis. Alone or with your accompanying spouse or common-law spouse, you must control at least 25% of the capital equity with a value of at least CAD$100,000.
    • Acquisition of a business in Québec component: must acquire at least 25% of capital equity in a business (agricultural, commercial or industrial) in Québec, alone or with your accompanying spouse or common-law spouse, with an overall value of at least CAD$100,000. You must manage the business yourself or participate in it as management or as an operations partner on a daily basis.

After arriving in Canada:

  • Create or acquire an agricultural, commercial or industrial business in the Province of Quebec
  • Control a minimum of 25% of the business, for a minimum of $100,000 (CAD)
  • Employ a Quebec resident for a minimum of 30 hours a week (excludes family members and the entrepreneur)
  • Participate in the management of the business

Others factors determining your acceptance:

  • your age
  • the type and length of your training
  • your English/French language skills
  • your knowledge of Quebec, and your personal traits
  • the steps taken to acquire a business in Quebec, or your ability to carry out a business project.

To find out if you’re eligible for the Quebec Entrepreneur Program, contact Alghoul and Associates today.

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