Quebec Investor
Quebec Investor immigration program is designed for successful business people who are seeking new opportunities in Quebec. The attractiveness of Investor Program is that once an applicant becomes a Permanent Resident, there are no conditions attached
The Government of Quebec published on March 31, 2021 in the Gazette Officielle, an extension of the suspension of the Quebec Immigrant Investor Program (QIIP) until April 1st, 2023. However, it is important to note that MIFI indicated that the new Program is well underway and that only a few aspects remain to be discussed with the Federal Government. It is the MIFI’s intention to be able to unveil the new criteria of the QIIP in the coming weeks and to reopen the Program by the end of 2021.
The Quebec investor class applicant must have, alone or with his accompanying spouse, a personal net worth of at least CDN $2,000,000. You will have to prove that the funds have been obtained legally, excluding the amounts received by donation less than six months before the date on which the application was filed. Additionally, you must have experience in management in a legal, farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies. The management experience is defined as the exercise, for at least two years in the five years preceding the application, of duties related to the planning, management and control of financial resources and of human or material resources under your authority.
You will be assessed against the following selection factors: your age, the nature and duration of your professional training and your language skills. If you have an advanced intermediate knowledge of French, you will be exempt from the maximum number of applications quota, be able to submit your application at any time and your application will receive priority processing.
If your application is approved, you will be required to make an investment of CDN $1,200,000 with a financial intermediary (broker or trust company) authorized to participate in the Investor Program. The full amount of the investment (without interest) is repaid to the investor after five years. Please note that investment financing options are also available. Your intention to settle in Quebec is mandatory.
For more information about the Quebec Investor Program, please feel free to contact our office. If you would like to know whether you could be eligible to immigrate to Canada, we invite you to complete our online assessment questionnaire: On-line Assessment Questionnaire.
