2024/03/28

Quebec investor

The Quebec Immigrant Investor Program (QIIP) allows investors to obtain Canadian permanent residence by investing CAD $1.2 million risk-free through an approved financial intermediary or by financing that investment.

A new intake period for the program began September 10, 2018, and is scheduled to run until August 31, 2019. However, candidates with approved language test results showing an intermediate-advanced proficiency in Speaking and Reading in French have until October 31, 2019 to apply. The quota for this intake period is 1,900 applications. A maximum of ۱,۲۳۵ applications will be accepted from China (including Hong Kong and Macau). 

Candidates for the Quebec Immigrant Investor Program are awarded points based on six factors under the Quebec Economic Class selection grid for the program. A minimum passing score of 40 points is required and the mandatory cut-off scores of 10 points and 25 points for management experience and financial investment, respectively, must be satisfied.

Quebec Immigrant Investor Program candidates are evaluated based on factors that include education level/areas of training, experience in management, age, language proficiency in French or English, stay and family in Quebec, and the Investment Agreement. The maximum points available are 94 points for applicants with or without a spouse or common-law partner

Candidates who satisfy the required minimums for management experience and financial investment will only need five additional points to meet the passing score of 40.

Quebec Immigrant Investor Program: Requirements

All Quebec Immigrant Investor candidates are expected to meet the following minimum requirements:

Criteria Requirement
Minimum Net Worth A minimum of CAD $2,000,000 in legally acquired net worth, alone or with the help of their spouse or common-law partner if accompanying the applicant.  Assets such as property, bank accounts, pension funds, stocks and shares may be included.
Business or Management Experience A minimum of two years of management experience over the course of five years prior to the submission of the candidate’s application. The experience must have been acquired in a specific enterprise (agricultural, commercial, industrial), or in a government or international agency, and in a position defined as full-time. The company does not necessarily have to be profitable. If the management experience is claimed as a professional, the company must have at least two full-time employees (excluding the candidate).

The candidate can be retired at the time of the submission of the application as long as he/she can demonstrate a recent management experience of two years within the five past years.The candidate must be able to demonstrate the planning, supervision and control of financial resources AND human resources OR material resources, under his/her authority. Experience acquired in the context of an apprenticeship, training or specialization process attested to by a diploma cannot be included.

Investment Agreement to invest the sum of CAD $1,200,000 through an approved financial intermediary (this investment can be financed).

Advantages of the Quebec Immigrant Investor Program

  • Investment without risk:The investment of CAD $1,200,000 is guaranteed by the Quebec government and returned in full after five years.
  • Passive investment: No active managerial role is required after the investment is made.
  • Family included in the application: All immediate members of the candidate’s family (spouse and dependent children) are included in the application and have the same status as the candidate.
  • Benefits of permanent resident status: Enjoy the same benefits provided to Canadians (universal health care, free public education, access to world-class universities, etc.)

PNP (Entrepreneurial)

New Brunswick’s Provincial Nominee Program (NBPNP):

This category of New Brunswick’s Provincial Nominee Program (NBPNP) targets qualified foreign entrepreneurs who are interested in owning and actively managing a business that will contribute to New Brunswick’s economy.

This stream functions as an Expression of Interest (EOI) system. The first step in this process is the submission of an EOI to the New Brunswick Department of Post Secondary Education, Training and Labour.

Once an application is reviewed and assessed based on the eligibility requirements, an applicant is assigned a score based on various factors.

The highest-ranked candidates are invited to submit an application for a provincial nomination under the NBPNP.

This page will cover:

  • Eligibility Requirements for Applicants
    • Selection Factors and Points
  • Eligibility Requirements for the New Brunswick Business
  • Application Process

Eligibility Requirements for Applicants

In order to be eligible for the New Brunswick Entrepreneurial Stream, individuals must:

  • Be between 22 and 55 years of age;
  • Have a minimum of a two-year post-secondary education after high school;
  • Have a minimum level of Canadian Language Benchmark (CLB) 5 in English or French;
  • Demonstrate an intention to live and operate a business in New Brunswick;
    • The applicant must assume a day-to-day management role in the business.
  • Provide a business plan, approved by a New Brunswick government official, that will show how the business will benefit New Brunswick;
  • Have a personal net worth of at least $600,000 CAD of which $300,000 must be unaffected by debts or other obligations;
  • Have at least three out of five years of experience in managing and owning a business (of at least 33.3%) or have five years out of five of experience in a senior business management role or more, and be responsible for supervising at least two employees;
  • Want to live permanently in New Brunswick, while owning and managing a local business;
  • Present a business concept that demonstrates the potential to provide significant economic benefit to the province; and
  • Score at least 65 points on New Brunswick’s unique selection grid.

Selection Factors and Points

If all other eligibility criteria (outlined above) are met and the business plan is approved, applicants will be assessed and assigned a score out of 100 based on the following selection factors. An individual must score at least 65 points to be considered eligible

BC PNP Entrepreneur Immigration

۱- BC PNP Entrepreneur Immigration Stream

With a strategic location, competitive taxes and a multicultural workforce that is well-educated, highly-skilled and productive, British Columbia is one of Canada’s most dynamic places to do business, presenting unique opportunities for entrepreneurs.

The British Columbia Entrepreneur Immigration stream of the British Columbia Provincial Nominee Program (BC PNP) has a unique registration system, known as the Entrepreneur Immigration Registration. The registration process functions like an ‘Expression of Interest Model’, which means eligible candidates, who have registered, must be invited to apply before they can submit an application to the program.

Successful candidates will obtain a work permit and, if the business operation in British Columbia fulfills the requirements of the stream on an ongoing basis, they will be able to apply for permanent residence in Canada through the BC PNP. This stream provides a pathway to Canadian permanent residence for experienced businesspeople who can establish themselves in B.C. and invest in and operate a commercially viable business that can provide significant benefits to the provincial economy.

Minimum Requirements for Candidates

  • Personal net worth of at least $600,000 (including cash, assets in bank accounts, fixed deposits, real properties, investments, etc). The net worth must be legally obtained and may be under the spouse or common-law partner’s name. This net worth must verifiable if invited to apply;
  • Post-secondary credential or experience as an active business owner-manager with 100 percent ownership of the business for at least three of the past five years.
  • Eligible experience as an active business owner/manager and/or senior manager;
  • Submit a business concept that demonstrates an active and ongoing management role in the day-to-day operations of the proposed business and the creation of at least one new job in the proposed B.C. business; and
  • Personal investment of CAD $200,000 in eligible expenses. If proposing a key staff member, the investment requirement increases to $400,000 and the job creation to three.

۲- BC PNP Entrepreneur Immigration — Regional Pilot

The BC PNP Entrepreneur Immigration — Regional Pilot is a new immigration pathway for foreign nationals looking to start and run a new business in smaller communities across British Columbia.

The business must be established in a community of fewer than 75,000 people located more than 30 kilometres from a larger city.

The two-year pilot is designed to help address demographic challenges in these communities, including the movement of young people to more densely populated cities in B.C. in search of better opportunities.

Eligibility Requirements for the Community

In order to be eligible, the B.C. community must have a population under 75,000 and must be located 30 kilometres away from a city with more than 75,000 inhabitants.

The community must prove that it can offer the newcomer entrepreneur a network of settlement and business agencies. It is the responsibility of community representatives to attend immigration and pilot-specific training prior to hosting exploratory visits and referring prospective EI Regional Pilot applicants.

Eligible B.C. communities enrolled with the EI Regional Pilot are listed on the BC PNP Community Profiles page.

Key Features of the BC PNP EI Regional Pilot:

  • Active community role — participating communities have an active role in the selection of prospective applicants. Designated community representatives meet with prospective entrepreneurs, hear their business proposals and refer them to the BC PNP if their proposal is selected. Communities and local partners also provide settlement support services to assist entrepreneurs once they arrive.
  • BC PNP referrals — participating communities can refer immigrant entrepreneurs to the BC PNP. In order to be referred, the entrepreneur candidate must conduct an exploratory visit to the community and the proposed business must meet the community’s economic development priorities.
  • Community concierge — participating communities can benefit from a dedicated Community Concierge appointed through the pilot to assist with their immigration needs.
  • Invitations & prioritization – immigrant entrepreneurs with community referrals will be able to register in a separate candidate pool for the EI Regional Pilot. BC PNP will prioritize eligible applications and invitations will be issued on a monthly basis.
error: Content is protected !!