The Immigrant Investor Program of Quebec.
The Quebec Immigrant Investor Program stands as the sole immigration initiative in Canada tailored specifically for immigrant investors. Individuals with net assets amounting to at least CAD$2 million may qualify to apply for Canadian permanent residency by committing to invest through this program.
Quebec is primarily a French-speaking province, thus applicants must possess a minimum spoken French proficiency corresponding to level 7.
What are the preferences of the Quebec Worker Speculator Program?
This program is unique in Canada as a passive investor immigration option, offering several benefits. Unlike many international business investor immigration programs, such as the EB-5 program in the United States, which mandates the creation of a specific number of jobs within a designated time period, the Quebec Worker Speculator Program forces no such obligations.
Additionally, successful applicants receive Canadian permanent resident status upon their initial arrival, without the need for any temporary status. Furthermore, the applicant’s immediate family members can be included in the application, allowing them to also obtain Canadian permanent residency and enjoy the associated benefits, such as universal healthcare and access to high-quality education.
Eligibility for the Quebec Immigrant Investor Program:
Eligibility for the Quebec Immigrant Investor Program is based on an individual’s capacity and intent to invest in the province of Quebec. To qualify, an candidate, along with their life partner if appropriate, must have net resources totaling a least of CAD$2,000,000 and commit to a five-year speculation of CAD$1,200,000 with Investissement Québec – Immigrants Investisseurs Inc.
Additionally, candidates must provide evidence of at least two years of managerial experience acquired within the five years prior to their application. This experience should pertain to the planning, management, and oversight of financial, human, or material resources.
All applicants are required to enter into an investment agreement with one of the financial intermediaries authorized by Quebec.
As of January 1, 2020, all people applying for lasting residency through Quebec movement programs must illustrate an understanding of Quebec values. This requirement can be fulfilled by either passing a Quebec values test or completing a course focused on Quebec values.
To apply for the Quebec Immigrant Investor Program, one must be aware that applications are only accepted during specific intake periods. The program is set to reopen on 2024.
The application process consists of two distinct stages for prospective permanent residents:
- Selection: This initial stage takes place at the provincial level. All individuals seeking immigration to Quebec must submit their applications to the province to obtain a Certificat de sélection du Québec (CSQ).
- Admission: The subsequent stage occurs at the federal level. After receiving a CSQ, the individual must then apply to the federal government for Canadian permanent resident status. As part of the permanent residence application process, candidates are required to undergo a medical examination and a police background check to confirm their admission to Canada.
Upon receiving approval from both the provincial and federal authorities, the applicant may be granted Canadian permanent resident status.
The Quebec Immigrant Investor Program:
To participate in the Quebec Immigrant Investor Program, prospective applicants must compile a paper-based application, which includes completing the necessary immigration forms and gathering the required supporting documents. Immigration officials will assess investors based on their intent to reside in Quebec, relevant management experience, the official investment agreement, and information regarding their personal assets. Detailed guidance on the required forms and supporting documents is available on the official Quebec website.
Applications for the Quebec Foreigner Speculator Program must be sent in difficult duplicate through dispatch to the Course de l’enregistrement et de l’évaluation comparative found in Montreal. Upon endorsement of the application and issuance of a CSQ, the financial specialist is qualified to apply for changeless home at the government level.
What other immigration options are available for investors in Canada?
Currently, the Quebec Immigrant Investor Program stands as the sole immigration initiative in Canada tailored specifically for foreign investors. The Canadian Worker Financial specialist Program, already supervised by the government government, was ceased in 2014.
For foreign investors possessing entrepreneurial experience, various Canadian immigration pathways are available. One such option is the federal Start-up Visa Program, which caters to immigrant entrepreneurs whose business proposals are endorsed by designated organizations in Canada. Additionally, numerous provinces provide entrepreneurial immigration streams, notably in sought-after destinations such as Quebec, Ontario, and British Columbia.
FAQ's
To participate in the Quebec Immigrant Investor Program, prospective applicants must compile a paper-based application, which includes completing the necessary immigration forms and gathering the required supporting documents. Immigration officials will assess investors based on their intent to reside in Quebec, relevant management experience, the official investment agreement, and information regarding their personal assets. Detailed guidance on the required forms and supporting documents is available on the official Quebec website.
This program is unique in Canada as a passive investor immigration option, offering several benefits. Unlike many international business investor immigration programs, such as the EB-5 program in the United States, which mandates the creation of a specific number of jobs within a designated time period, the Quebec Worker Speculator Program forces no such obligations.
Currently, the Quebec Immigrant Investor Program stands as the sole immigration initiative in Canada tailored specifically for foreign investors. The Canadian Worker Financial specialist Program, already supervised by the government government, was ceased in 2014.
For foreign investors possessing entrepreneurial experience, various Canadian immigration pathways are available. One such option is the federal Start-up Visa Program, which caters to immigrant entrepreneurs whose business proposals are endorsed by designated organizations in Canada. Additionally, numerous provinces provide entrepreneurial immigration streams, notably in sought-after destinations such as Quebec, Ontario, and British Columbia.
