The Quebec Investor Immigration Program (QIIP) allows international investors to obtain Canada Permanent Residency (PR) by making a CAD $800,000 risk-free investment. It is Canada's only passive investor immigration program and offers several advantages over similar programs globally.
Benefits of the Quebec Investor Immigration Program
- Direct Canada PR: No probationary or conditional stage; successful applicants receive a Canada Permanent Resident Visa, unlike the U.S. EB-5 program, which requires proof of job creation.
- Guaranteed Investment: The CAD $800,000 investment is submitted through an approved financial intermediary and returned in full after five years. Financing options via intermediaries are available.
- Family Inclusion: Spouse or common-law partner and dependent children under 19 may be included, all receiving Canada PR. Benefits include universal health care, free public education, and access to world-class universities.
- Pathway to Citizenship: Successful applicants can pursue Canadian citizenship and a Canadian passport. Current residency requirements: four years within six years, potentially reduced to three years within five.
Requirements
- Minimum Net Worth: Applicants must have at least CAD $1.6 million in net worth, alone or with a spouse/partner. Assets include property, bank accounts, pension funds, stocks, and shares.
- Investment Agreement: Applicants must intend to settle in Quebec and sign an agreement to invest CAD $800,000 with an approved financial intermediary (broker or trust company). The investment may be financed by the intermediary.
- Management Experience: Minimum of two years of management experience in the past five years, including experience in commercial or government agencies.
Preparation is Key
The intake period for applications runs from May 29, 2017, to February 23, 2018, with a maximum of 1,900 applications, including 1,330 from China (including Hong Kong and Macao). Candidates with advanced intermediate French are not subject to the intake cap and receive priority processing.
The reopening of Canada's only passive investor immigration program allows investors to take a less hands-on approach compared to other international programs, making it a truly unique pathway to Canada PR.
To Know More About the Application Process and Eligibility
Contact our expert consultants at +91-9019-400-500 or email [email protected]
FAQs
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What is the Quebec Investor Immigration Program (QIIP)? A. QIIP allows international investors to obtain Canada PR by making a CAD $800,000 risk-free investment through an approved financial intermediary.
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Can family members be included in the application? A. Yes, the spouse or common-law partner and dependent children under 19 can be included, all receiving Canada PR.
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What are the financial requirements? A. Applicants must have a net worth of CAD $1.6 million and invest CAD $800,000, returned after five years. Financing options are available through approved intermediaries.
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Is management experience required? A. Yes, applicants must have two years of management experience in the past five years.
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Are there French language requirements? A. Applicants with advanced intermediate French are prioritized and may submit applications anytime, exempt from intake caps.
