There are many visa programs for Canada immigration. The Express Entry, Provincial Nominee Programs (PNPs) among many others are a few of such economic immigration programs for migrating to Canada.
The Quebec Business Class Immigration is also among such well-recognized programs open to applicants seeking to move to Canada.
What is Quebec Business Class Immigration?
Individuals who are capable of running a business and have obtained the required entrepreneurial, investor or self-employment skills and who wish to settle in Quebec can apply for the Quebec’s business class migration option. Upon a provincial approval, successful candidates are offered the Quebec Selection Certificate (CSQ).
The CSQ is the official document issued by the Quebec provincial government which allows the candidate to get a Canada immigration visa, provided the candidate has cleared the medical and security checks.
There are three Quebec Business Class Immigration programs, each with its own requirements and selection process. Applicants can apply to Quebec under these programs:
1. Quebec Investor Program
To be eligible as an investor, an applicant must have a specified net worth of at least CAD$1.6 million, managerial experience and be ready to make a government-secured investment for a period of five years. Financing of this investment can be made through Canadian financial institutions.
2. Quebec Entrepreneur Program
To be eligible as an entrepreneur, an applicant must have a specified net worth of at least $300,000 CAD, business project, deposit amount (start-up and security) and be ready and able to start or acquire a business in Quebec and must actively participate in a managerial role.
3. Quebec Self-Employed Worker Program
To be eligible as a self-employed worker, an applicant must have a specified net worth of at least CAD$100,000, have work experience in the trade or profession that he or she intends to practice in Quebec and invest a specified amount based on the region where they will be working.
In addition to meeting all these requirements, individuals are assessed through a points-based system on the following factors: age, educational qualification, work experience, language proficiency, business plan, financial stability, family in Quebec, Spouse and children.