Stephane Tajick
Last updated: September 15, 2023
The federal government of Canada shut down its Immigrant Entrepreneur program a few years ago and since then foreign entrepreneurs have been using provincial nominee programs to enter the country and start a business. Pretty much every province in Canada offers an Entrepreneur program, where applicants needs to start a business in the province they applied in.
Other than the Quebec program, which provides permanent residence, the Provincial Nominee Entrepreneur programs of the other provinces offer a work permit that can be made into permanent residence after 6 months if the conditions have been followed.
You can learn more on our page here: Canada Residence By Investment, Startup Visa, and Golden Visa
The Quebec Immigrant Entrepreneur Program (QIEP) was revamped in 2018 and now offers 2 streams: one for start-ups and the other one more conventional. Places are scarce as only 60 applications will be approved every year. It’s the only entrepreneur program to offer permanent residence directly to applicants.
Stream 1
Stream 2
You 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.
To qualify, you must:
The criteria targets entrepreneurs with a desire to start a business and settle in regional communities (populations of fewer than 75,000):
If your proposed business will be located:
If your proposed business is in the information and communications technology/digital communications sector, then regardless of location, you must make a minimum personal investment of $500,000 CDN and control at least of one-third of the equity in the business.
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Navigating through golden visa & citizenship by investment programs can be complex and overwhelming, regardless of the country or program you’re interested in. If you’re struggling to find clear, accurate information, you’re not alone. Our team is here to offer you clarity and reliable advice across a wide range of immigration programs.
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During our call, we will:
Here is what to expect from a call with our advisory team:
We’ll answer your questions about the program and the application process, providing you with the clarity you need.
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Gain access to our network of recommended local lawyers, as well as providers of eligible investment options.
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