Quebec Immigrant Investor Program reopening on September 10
The Ministère de l’immigration, de la diversité et de l’inclusion (MIDI), released today the updated immigration regulation, with the new criteria for the Quebec Immigrant Investor program, one of the most popular business immigration programs.
The files must be submitted between September 10, 2018, and March 15, 2019. The quota system is still applicable (maximum of 1,900 applications among which a maximum of 1,235 from the People’s Republic of China (including Hong Kong and Macao)).
Candidates who can demonstrate an intermediate advanced level of the French language and their applications will be processed in priority by the MIDI and are exempt from quota and application time limitations.
To qualify, the immigrant must:
- Have net assets of at least Can$2 million
- Invest Can$1,2 million, guaranteed by the government of Quebec, for 5 years at 0% interest
- Have experience in management for at least 2 years in the 5 years preceding the application