The Investor Immigration Program in Quebec, also known as the Quebec Immigrant Investor Program (QIIP), is designed to attract experienced business people and investors to Quebec, Canada’s predominantly French-speaking province. Here’s an overview of the program:

* Objective:

The primary objective of the Quebec Investor Immigration Program is to stimulate the province’s economy by attracting high-net-worth individuals who can contribute to Quebec’s economic development through their investment activities.

* Key Features:

  • Investment Requirement: The program requires applicants to make a passive investment in Quebec. The investment threshold is set at 1.2 million $ CAD, which is guaranteed by the Quebec government for a period of five years and is returned without interest at the end of the term; a financing option is also available at approx. 300 000-350 000 $ CAD.
  • Net Worth Requirement: Applicants must have a legally acquired net worth of at least 2 million $ CAD, either individually or jointly with their spouse or common-law partner.
  • Management Experience: Applicants must have at least two years of management experience in the past five years in a qualifying business as a manager or owner.
  • The principal applicant needs to have an oral (listening and speaking) French level of 7, intermediate-advanced level
  • Intention to Settle in Quebec: Applicants must demonstrate their intention to settle in Quebec by signing an agreement to invest and reside in the province.

If the application is approved, the applicant must make the guaranteed deposit and the applicant and their immediate family members are issued a selection certificate of Quebec (CSQ) allowing them to then apply for Canadian permanent residence.

* Benefits:

  • Permanent Residency: Successful applicants and their families obtain Canadian permanent resident status, allowing them to live, work, and study anywhere in Canada.
  • Access to Healthcare and Education: Residents of Quebec have access to Canada’s public healthcare system and education system, including subsidized schooling for children.
  • Entrepreneur, spousal work permit: Successful applicants can apply for an entrepreneur work permit to start their business and an open work permit for their spouse or common-law partner, allowing them to work for any employer in Canada. Children at elementary and secondary school can generally obtain a student permit allowing them to study for free.

The Quebec Investor Immigration Program offers a pathway for high-net-worth individuals to obtain Canadian permanent residency by making a passive investment in the province. It provides an opportunity for investors to contribute to Quebec’s economy while enjoying the benefits of living in Canada.

* PROCESS:

– Obtaining the certificate de selection du Quebec -1 year

– Applying for the work permit- approx. 3 months

– Obtaining the Permanent residency – approx 3 years