Quebec Immigrant Investor Program is your gateway to Canada
Quebec Immigrant Investor Program is a points-based immigration program for investors in Quebec. Canada will provide you with permanent resident status in return to your investments in the Quebec economy.
To be eligible for the program, prospective investors must get at least 40 points out of 94 maximum points. In addition, they need to get 10 points for management experience and 25 points for financial investment.
As for financial requirements, you must invest $1,200,000 CAD for a period of five years. After the five-year period, the government of Quebec will return you your money without interest within 30 days.
In addition, you must have a personal net worth of $2,000,000 CAD. You may use such assets as your property, pension funds, stocks, shares, and bank accounts to demonstrate your personal net worth.
You must invest your money in the venture in Quebec and also possess two years of experience in operating the business in the last five years before submitting your application. The business experience must be acquired in a specific enterprise, or in a national government or international agency.
Since there is an excessive demand for the Quebec Immigrant Investor Program as it is the only available investor immigration program, the processing time for permanent residence application at the federal stage takes up to 54 months. Prior to that, investors in the QIIP need to get the Quebec Selection Certificate.
QIIP in 2019
The deadline for the QIIP in 2019 was on August 31. Quebec admitted 1,900 investor applications in 2019 and has limited the number of applications for candidates from China and Macau to 1,235.
QIIP in 2020
On November 1, 2019, Quebec stopped receiving new applications in the QIIP. The province will continue accepting new applications on July 1, 2020.
Do you want to use your personal net worth for investment and in return to get a permanent residence in Canada? Contact Intercontinental Global Immigration Solutions Corporation. We know how to make your money work for you!