Under the Quebec Immigrant Investor Program, international investors can obtain permanent residence in Canada by making risk-free investment of CAD $1.2 million through an approved financial intermediary or by financing that investment.
Applicants to the Quebec Immigrant Investor Program are assessed and awarded points on the basis of six selection factors under the Quebec Economic Class selection grid. To be eligible, the candidate must have a minimum passing score of 40 points, besides 10 points and 25 points respectively for management experience and financial investment. The six selection factors based on which the candidates are evaluated are:
- Management experience
- Language proficiency
- Stay and family in Quebec
- Investment Agreement
The maximum score a candidate can earn, with or without a spouse or common-law partner s 94.
After the review of application, selected candidates may be invited to attend a selection interview.
The candidate must have a minimum net worth of CAD $2,000,000 alone or together with the accompanying spouse or common-law partner. Assets including property, bank accounts, pension funds, stocks and shares are included.
The candidate must have minimum two years of management experience, which must have been acquired within five years before the submission of the candidate’s application. The experience must be in a specific enterprise–agricultural, commercial or industrial, or in a government or international agency. It must also be a full-time position.
The candidate must agree to invest a sum of CAD $1,200,000 through an approved financial intermediary. The investment can be financed, if necessary. As the Quebec Immigrant Investor Program is a passive one, the candidates need not establish or actively manage a business in the province. However, the candidate must have an intention to settle in the province of Quebec.
The successful applicants will be issued a selection certificate with which they can apply for permanent residence in Canada.
Quebec offers great opportunities for investors and entreprenuers, along with high quality living. Contact us to explore your options to migrate to Quebec.