Translate The Vision Into Reality
Legal Advisor & Project Management Consultant
Legal Advisor & Project Management Consultant
The Quebec Immigrant Investor Program is open to certain qualified investors who undertake to live in Quebec and make a passive investment of $800,000 via an authorized financial institution in the province. The investment amount may be financed through certain authorized intermediaries (i.e.$220,000 at current prevailing interest rates as of August 2016). The investor must have alone or with accompanying spouse, including de facto spouse, net assets of at least $1,600,000 CAN obtained legally, excluding the amounts received by donation less than six months before the date on which the application was filed. Investors must have experience in management in a legal farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies.
A Start-up Visa is geared at attracting foreign entrepreneurs to bring their business ideas to Canada. This revolutionary new visa is the first of its kind and results in the applicant(s) obtaining permanent resident status in Canada. However, before you can apply, you will also need to find the right financial backing in Canada. Start up visa start with 75000 CAD$.
In order to be eligible, as the applicant, you must
Before you apply for the start-up visa, you must convince a designated organization to support your business idea. If the designated organization supports your business idea, it will give you a Letter of Support.
You must include your Letter of Support with your application as proof that a designated organization supports your business idea.
If you do not have a Letter of Support from a designated organization or do not meet any of the eligibility requirements below, your application will be refused.
These Organizations select which business proposals to evaluate. If an organization decides to review your business proposal, it will assess your business' growth potential and viability. Each organization has its own intake process and evaluation criteria.
Further, the Government of Canada does not provide financial support to new Start-up business visa immigrants.
You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You must be able to use this money to support the costs of living for your family.
You will need to provide proof of your funds when you submit your application for immigration.
The amount of money you need depends on the size of your family. These amounts are updated yearly.
| Number of Family Members | Funds Required (in Canadian dollars) |
|---|---|
| 1 | $11,115 |
| 2 | $13,837 |
| 3 | $17,011 |
| 4 | $20,654 |
| 5 | $23,425 |
| 6 | $26,419 |
| 7 Or more | $29,414 |
Currently in Canada the Entrepreneur category and Investor category of permanent residence is closed and will no longer accepting such applications. However, the self-employed category remains open for those who wish to establish a business in Canada.
This category leads to permanent resident status in Canada should the applicant be successful in satisfying an officer that have sufficient experience and ability to establish a business at will.
For the purposes of immigration, a self-employed person is a foreign national who:
Relevant experience for a self-employed person means at least two years of experience of experience in their intended business in Canada.
You will also need to take part in specified economic activities. These activities for self-employed individuals are selected by the province and decided by the laws of the province.
This also means that for your experience to be considered relevant it must have:
Below is the list of occupations and their associated national occupational classification codes. Your intended activity in Canada will need to be on this list:
As a self-employed individual you can apply for permanent resident status based on your ability to demonstrate that you will make significant contribution to Canadian culture or athletics or if it is your intention to purchase and manage a farm.
The Self Employed category is a very complicated application as you will need to demonstrate intentions as well as your future plans in Canada.
Our clients who have applied for this category struggle with what documentation they could provide to demonstrate this. Typically, we assist them in producing a business plan that would satisfy an officer of their intentions. Further, use proof of previous work or completed projects as an indication of what an officer can expect them to produce in Canada.
| Selection factors | Points |
|---|---|
| Factor 1: Business experience | Maximum 35 points |
| Factor 2: Age | Maximum 10 points |
| Factor 3: Education | Maximum 25 points |
| Factor 4: Ability in English and/or French | Maximum 24 points |
| Factor 5: Adaptability | Maximum 6 points |
| Total | Maximum 100 points |
A pass mark of 35 points is required as the minimum in order to be considered eligible.
The Provincial Nominee Program is a joint-program involving the provinces of Canada and the federal government, permitting provinces to design their own immigration programs and actively manage immigrant selection in accordance with provincial plans and priorities.
Applicants to all provincial nominee programs must meet federal admissibility criteria in order to enter Canada. Applicants seeking a provincial nomination from any one of the participating provinces must first ensure they meet the program criteria specific to that province, and make their applications in two parts: first to the provincial program administration and then to the federal government department responsible for immigrant selection.
Each province may run multiple programs at different times during the year based on their own needs and goals. Program requirements vary widely and are subject to change at any time.