CIC News > Latest News > Quebec Investor Program Rumoured to Reopen Soon

Quebec Investor Program Rumoured to Reopen Soon

Font Style

Font Size

There has been no official announcement, but it is rumoured that the Quebec Immigrant Investor Program, which leads to a Canadian permanent resident visa, will reopen and begin accepting a limited number of applications on August 1st, 2013.

To qualify, applicants must be able to demonstrate that they have legally acquired a net worth of CAD $1.6 million, alone or with the help of their spouse or common-law partner.

In addition, applicants must have at least two years of management experience within the last five years. Interestingly, the management experience does not have to be in a commercial or industrial enterprise. As long as the experience is managerial in nature, it can be in agriculture, government or in an international organization.

Finally, a successful applicant will have to invest CAD $800,000 through a government-approved financial institution into a government-controlled corporation for a period of five years at a zero rate of return. Because the Quebec government stands behind the repayment of capital, financing the investment is an option.

After completing a medical examination and security check, successful applicants receive Canadian Permanent Resident visas. Three years of Canadian residency is required to become a Canadian citizen and eligible for a Canadian passport.

There has been no Canadian immigrant investor program open for more than a year, and according to Attorney David Cohen there is a significant pent-up demand.

“The last time a Canadian immigrant investor program opened to a limited number of applicants, it filled in a matter of days,” he said. “Unless a candidate is willing to begin preparing an application in advance, there is little chance that there will be sufficient time to gather supporting documents and submit the required forms before the quota is reached. In my opinion, the applicants who begin the process now are maximizing their chance for success.”

To find out if you may be eligible for the Quebec Investor Program, fill out a free online assessment form today.

Tags:

Comments

9 thoughts on “Quebec Investor Program Rumoured to Reopen Soon

  1. Avatar
    Shyam Bahadur Tamang

    Thanks for information

  2. Avatar
    faical dirieh darar

    the background of “Quebec Immigrant Investor” program is to attract many investors around the world and encourage them to invest their asset in this country.Some of them have no managerial experience, so the requirement of management experience is included in the program to avoid any difficult may result from lack of experiance.

  3. Avatar
    Dolly E. Dunlap

    The selection procedure is similar under both the Federal and Quebec programs, with the following distinction: in Quebec, the investor first has to obtain a Certificate of Selection of Quebec before applying for health and security screening at the federal level to be admitted to Canada. Once legally admitted to Canada, applicants who receive a Certificate of Selection of Quebec do not have to establish residency in Quebec because they – as all Canadian residents – have total liberty of movement and establishment in any of 10 Canadian provinces and 3 territories.

  4. Avatar
    Munish Soin

    Sir.

    My immigration application file under skilled worker has been terminated as per the law newly made for the applicant applied before 2008.

    Is there any way I can apply again or in quebec skilled worker program. Please let me know.
    Regards

  5. Avatar
    ahmed mahmoud abdallah

    Hello colleges
    i submitted for immigration but till i’m waiting

    Regards

  6. Avatar
    Mohd Abdullah

    my profession is first grade pharmacy technician and I have business in travel field. How I can get Business Entrepreneur visa for Quebec ? What is the requirement and when open entrepreneur category in quebec please inform me.

  7. Avatar
    Hamadamin Awla Sofi

    Hello colleges
    Before four years submitted for immigration but till i’m waiting

    Regards

  8. Avatar
    Suzana Mico

    Hello! My profession is a teacher in elementary school, can apply for federal immigration program Skill Workwers? Thank you!

  9. Avatar
    Rajasekharan Nair

    Kindly inform me that what are the requirements for getting a Business Enterpreneur visa for Quebec.

    Thanks and regards.

    Nair.

We welcome your feedback

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.