Be an entrepreneur
Financial Advantages
- Diverse patient pool.
- Lower capital investment for new practice
- Lower operational costs.
- Better insurance plans.
Realise the future growth potential of your business. With increasing costs of businesses and real estate, settling in a rural or remote community can be a very viable financial decision. Apart from significantly lower living expenses, higher need for dental treatment in such areas guarantees good potential for practices to flourish. Therefore, buying a dental practice here can prove to be a great bargain (Régie de l’assurance maladie Québec, 2008). As insurance coverage is also more comprehensive, undertaking the recommended treatment plan for the patients may not pose many challenges either (Williams. J, 2008).
Tax credits
New dental graduates may qualify for a non-refundable tax credit of up to $ 8,000 paid over 3 years if you live and work in one of the following regions (Revenu Québec, 2010):
- Bas-Saint-Laurent
- Saguenay-Lac-Saint-Jean
- Abitibi-Témiscamingue
- Côte-Nord
- Nord-du-Québec
- Gaspésie-îles-de-la-Madeleine
- MRC d’Antoine-Labelle
- MRC de la Vallée-de-la-Gatineau
- MRC de Mékinac
- MRC de Pontiac
- La Tuque, La Bostonnais and Lac-Édouard
Visit Revenu Québec for more information or to find registration forms.