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QUALIFICATIONS
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INVESTOR |
ENTREPRENEUR |
|
Federal |
Québec |
| Experience needed |
Business owner or
Business Manager |
Business owner,
Business Manager, or
Government Manager |
Business Owner |
| Net worth required |
$800,000 |
$800,000 |
$300,000 |
| Language |
English not necessary |
English not necessary |
English helpful |
| Retired Businessmen Eligible? |
Yes, if they had
business
experience in past
5 years |
Yes, if they had past
business experience |
Chances of success much less,
because you must prove intention
to invest and manage a business |
INVESTMENT
| |
INVESTOR |
ENTREPRENEUR |
|
Federal |
Québec |
| Investment Required |
$400,000 |
$400,000 |
$125,000 to $150,000 |
| Investment Term |
5 years |
5 years |
Minimum 1 year |
| Investment Requirements |
Government
guaranteed Fund |
Québec Government
guaranteed fund |
Must invest into business which
will meet 2 out of 4 criteria: Sales,
Profits, Assets, Employees |
| Rate of Return |
0% |
0% per annum |
Most lose money |
| Risk of Investment Loss |
Low |
Low |
Usually high risk |
Minimum Cash Investment
required |
$115,000 (approx) |
$115,000 (approx) |
Usually between $125,000 to
$150,000 cash |
IMMIGRATION PROCESSING
| |
INVESTOR |
ENTREPRENEUR |
|
Federal |
Québec |
Conditions on your
Immigrant Visa |
Unconditional |
Unconditional |
Conditional: you have 3 years to
fulfil investment and management
conditions for 1 year |
Conditions on your
Family’s visas |
Unconditional |
Unconditional |
Conditional; depends on Principal
applicant fulfilling conditions |
Management of your
Business |
No Management
or time involved |
No Management
or time involved. |
Must participate in the
management of the business |
| Reporting Requirements |
No reporting necessary |
No reporting necessary |
Must report to Government within
6 months of landing, then every 6
months until Conditions removed |
Reside in Province of
Investment? |
Not Necessary |
Intend to reside in Québec |
Must reside in the province of investment |
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These materials do not constitute legal advice, and are not intended to provide specific advice about your particular situation.
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