I-0.2.1, r. 3 - Québec Immigration Regulation

Section 53 Disposition versions

2024-01-01

53. The selection conditions of the Started-up enterprise profile are the following:

(1)  have been staying in Québec for at least 2 years on the date of filing of the application, being authorized to work under a work permit not related to a specific employment and issued otherwise than under section 206 of the Immigration and Refugee Protection Regulations (SOR/2002-227), or a study permit;

(2)  have, with his or her spouse or de facto spouse, if included in the application, net assets whose lawful origin must be demonstrated and at least $300,000, which amount excludes donations received in the 6 months preceding the date of filing of the application;

(3)  have started up an enterprise, alone or with others, including a maximum of 3 foreign nationals filing a selection application as entrepreneur;

(4)  hold, alone or with his or her spouse or de facto spouse, if included in the application, an interest in the contributed capital of the enterprise corresponding to at least 25% of the value of the capital;

(5)  show the effectiveness of the start-up of the enterprise at the earliest 1 year after its registration in accordance with the Act respecting the legal publicity of enterprises (chapter P-44.1).

O.C. 963-2018, s. 53; O.C. 1030-2019, s. 10; O.C. 282-2021, s. 2; O.C. 1570-2023, s. 28.

2021-03-31

53. (Revoked).

O.C. 963-2018, s. 53; O.C. 1030-2019, s. 10; O.C. 282-2021, s. 2.

2019-11-01

53. The deposit contract must include

(1)  the establishment of the identity of the foreign national by the foreign national’s name, sex, date of birth, domicile address, citizenship, personal telephone number, email address, the type of document proving the foreign national’s identity, the number of that document and the place of issue;

(2)  the requirement that the foreign national notify in writing the financial institution and the Minister of any change in the information provided for in paragraph 1 within 30 days following the change;

(3)  the requirement for the foreign national to provide to the Minister, on request, the information relating to start-up and security deposits and the documents held by the parties to the contract concerning those deposits;

(4)  the withholding of an amount provided for in Factor 11 of Schedule A determined based on the Regulation respecting the weighting applicable to the selection of foreign nationals (chapter I-0.2.1, r. 4) as performance guarantee of the business project up to the date of the Minister’s decision referred to in section 54 or 56.

O.C. 963-2018, s. 53; O.C. 1030-2019, s. 10.

2018-08-02

53. The deposit contract must include

(1)  the establishment of the identity of the foreign national by the foreign national’s name, sex, date of birth, domicile address, citizenship, personal telephone number, email address, the type of document proving the foreign national’s identity, the number of that document and the place of issue;

(2)  the requirement that the foreign national notify in writing the financial institution and the Minister of any change in the information provided for in paragraph 1 within 30 days following the change;

(3)  the requirement that the foreign national provide to the Minister, on request, the information relating to the status of the deposit and the documents held by the parties to the contract concerning the deposit;

(4)  the withholding of an amount provided for in Factor 11 of Schedule A determined based on the Regulation respecting the weighting applicable to the selection of foreign nationals (chapter I-0.2.1, r. 4) as performance guarantee of the business project up to the date of the Minister’s decision referred to in section 54 or 56.

O.C. 963-2018, s. 53.

Not in force

In force: 2018-08-02

53. The deposit contract must include

(1)  the establishment of the identity of the foreign national by the foreign national’s name, sex, date of birth, domicile address, citizenship, personal telephone number, email address, the type of document proving the foreign national’s identity, the number of that document and the place of issue;

(2)  the requirement that the foreign national notify in writing the financial institution and the Minister of any change in the information provided for in paragraph 1 within 30 days following the change;

(3)  the requirement that the foreign national provide to the Minister, on request, the information relating to the status of the deposit and the documents held by the parties to the contract concerning the deposit;

(4)  the withholding of an amount provided for in Factor 11 of Schedule A determined based on the Regulation respecting the weighting applicable to the selection of foreign nationals (chapter I-0.2.1, r. 4) as performance guarantee of the business project up to the date of the Minister’s decision referred to in section 54 or 56.

O.C. 963-2018, s. 53.