Quebec's Business Immigration has the Quebec Entrepreneur Program, which is an exciting opportunity. It's exactly what you need if you want to immigrate to Quebec to establish a business or acquire an existing business.

How Can You Apply for the Quebec Entrepreneur Program?

You can apply for the Quebec Entrepreneur Program under 1 of the 2 streams:

Stream 1 is for businesses or startups founded with the support of a business incubator, an accelerator, or a university in the province of Quebec.

You can establish this business alone or with partners. You can have Canadian citizens or foreign nationals as partners. You must own and control at least 25 percent of the equity capital.

You can partner with the following types of organizations:

• Business Accelerator: An organization in Quebec that offers financial assistance services to individuals looking to establish a business
• Business Incubator: An organization that offers support services to individuals looking to establish a business in Quebec.
• University Entrepreneur Centre: An organization regulated by a university that provides university-level coaching to entrepreneurs

You will be required to submit a business plan to Quebec.

Stream 2 is for individuals who want to acquire an existing business. You must own and control at least 51% of the business's equity capital. If you are acquiring a business, then it must have been operational during the 5 years before the application. It should not have been purchased from another immigrant entrepreneur who applied under this program in the last 5 years.

You will also require a minimum deposit amount of $200,000 if your business is located outside Montreal. A $300,000 deposit is required if the business is Montreal-based.

A performance guarantee deposit of $200,000 will also be required, but it's refundable. You are required to have net assets worth $900,000 to be eligible.

If you are in businesses related to real estate development, pawnbroking, payday laws, insurance, or the sex industry, you are not eligible for this program.

Factors like age, language proficiency, education, financial resources, and business background will determine your eligibility.

How is the Quebec Entrepreneur Program Different from the Quebec Immigrant Investor Program?

Unlike the Quebec Investor Program, applicants under the Quebec Entrepreneur Program are required to establish a business in Quebec. You will be required to report the progress to immigration authorities.

If you do not meet the business requirements, you can be issued a removal order. If you have applied under the second stream, then the Ministry of Immigration, Diversity, and Inclusion (MIDI) will confiscate your performance guarantee deposit.

Under the Quebec Entrepreneur Program, you are not required to invest a 5-year deposit with the provincial government.

How do I know that my business meets the requirements of the "Qualifying Business"?

You must ensure that your business does not derive investment income like interest and dividends to be eligible as a "Qualifying Business"

Is submitting a business plan mandatory for the Quebec Entrepreneur Program?

If you intend to establish or acquire a business in the province of Quebec, then you need to submit a detailed

Are there any conditions on the permanent residency acquired under the Quebec Entrepreneur Program?

You will be required to own and control 51% of your qualified business' equity capital and create at least 1 employment opportunity for a Canadian citizen or permanent resident with your business.

Is French proficiency required for the Quebec Entrepreneur Program?

No, French proficiency is not mandatory for the Quebec Entrepreneur Program.

Do I require a Quebec Certificate of Selection (CSQ) for the Quebec Entrepreneur Program?

Yes, a CSQ is required for the Quebec Entrepreneur Program.

Why Start with Spring Wave Immigration with a Free Online Assessment?

Congratulations on taking your first step towards Permanent Residency in Canada!

Spring Wave Immigration lawyers dedicate themselves to your immigration case

Our expertise focuses on immigration and visa programs for Canada and the United States

Partnering with an award-winning immigration team greatly increases the likelihood of achieving your specific immigration or visa goals.

Immigration is a complex process that requires strong legal strategy

Begin Your Application for This PR Program Today!

Securing personalized legal help is quick and simple. Begin with our one-minute online immigration assessment form or call us toll-free at +1 (647) 568-8506

We have a dedicated team of licensed professionals standing by, ready to answer your immigration and visa questions. We've been helping people from over 120 countries for over a decade and can help you too.

Book a personal consultation to speak with an award-winning immigration lawyer either in person, over the telephone, or through a video conference.