Quebec grants a tax exemption for salaries paid to certain foreign specialists for a maximum continuous period of five years. Eligible employees include foreign specialists in an international financial centre, a stock exchange or a clearing house, professors employed by a Quebec university, certain specialists performing research in Quebec or those working in biotechnology development. Some foreign researchers at the postdoctoral level and specialists working in innovation activities, and in a new financial services corporation are also eligible.

Eligible individuals can deduct 100% of their salary for the first and second years of the five-year period, 75% for the third year, 50% for the fourth year and 25% for the fifth year. However, the percentage for the fifth year is 37.5% for specialists employed by an international financial centre, a stock exchange or a clearing house.