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Canada

Quebec Immigrant Investor Program

 

The Province of Quebec has an Immigrant Investor Program which attracts high net-worth individuals and their families and is handled by the Ministère de l’Immigration, de la Diversité et de l’Inclusion. Quebec has a modern, pluralistic and egalitarian society that has welcomed more than 45,000 new immigrants yearly since 2004. While French is the province’s official language, English is widely spoken in its larger cities and in business. Under the Immigrant Investor Program, the revenues generated by the applicant’s investment are used to finance provincial business assistance programs for small and medium companies, as well as for the integration of immigrants and visible minorities in the workplace.

Benefits

Quebec selects applicants that qualify under its Immigrant Investor Program and grants them a Quebec Selection Certificate. This document allows applicants and their families to request a Permanent Residence and obtain a condition-free visa from the Federal Government of Canada, and ultimately the right to apply for citizenship after meeting residency requirements.

Qualifying Criteria

To qualify for the Program, Investors must:

  • Have alone, or with an accompanying spouse, minimum net assets worth $1,600,000 million CAD gained legally, including donations given more than six months before an application is filed.
  • Have qualifying management experience for at least two years during the five years preceding the submission of an immigration application.
  • Have the intention to settle in Quebec, sign an investment agreement with an authorized financial intermediary and invest $800,000 CAD for 5 years at 0% interest (financing is available through the AURAY Golden Plan).
  • Candidates who can demonstrate knowledge of French through a standardized test can submit an application at any time, and the government allows the submission of applications with no proof of French language proficiency at different periods of the year.

Costs and Procedures

Steps

  • Government application fees for the Quebec Immigrant Investor Program include the principal applicant and all accompanying dependents.$15,111 CAD
  • 1Prepare and submit a complete application as per the government's guidelines, and pay fees. Note that applicants that meet French language requirements are processed on a priority basis.
  • 2Applicant is notified that their application is selected for processing and further information may be requested from the government.
  • 3Applicants may be asked to attend a selection interview.
  • 4Applicants that qualify will receive the “Intent to issue a Quebec Selection Certificate” and requested to transfer their investment to their financial institution within 110 days.
  • 5The financial intermediary transfers the investment to the government and the government issues the Quebec Selection Certificates.
  • 6Applicant submits a request for a Permanent Resident Visa with Citizenship and Immigration Canada to complete medical and security checks.

Canada

Investment immigration programs