– Overview and advantages
The Québec Immigrant Entrepreneur Program (QIEP) has been tailored for resourceful and business-minded individuals who wish to continue their development and apply their business skills in a company in Québec. The candidate and his family will be eligible for permanent residency in Canada, and can eventually apply for full Canadian citizenship after three years of continuous residency.
Demonstration of a personal net worth of at least CAD $300,000, obtained through licit means. The assets of the accompanying spouse can also be considered;
To have at least two years of management experience in the five years prior to the application submission;
Create or acquire, in whole or in part, an agricultural, commercial or industrial business established in Québec, which will employ, on a permanent basis and for a minimum of 30 hours a week, a Québec resident other than the candidate and accompanying family members;
Participate in the daily management and operations of the business;
Proof of no criminal record;
In accordance with the program, the candidate must hold at least 25% of capital equity in the created or acquired agricultural, commercial or industrial business established in Québec, at a value of at least CAD $100,000.
– Application Process
– Preparation of the documentation, and submission of the file;
– Briefings and exploratory trip(s) to Québec;
– Update of documentation and receipt of “Interview Notice” letter;
– Immigration Interview;
– Once the candidate’s application is accepted, he will be able to immigrate to Québec and operate his proposed business.