Quebec Investor Immigration Program

Home / Quebec Investor Immigration Program

Quebec Investor Immigration Program

An Overview of Eligibility, Process, and Benefits

Introduction

The Quebec Investor Immigration Program (QIIP) is one of Canada’s pathways for high-net-worth individuals to obtain permanent residency by investing in the province of Quebec. Established to attract experienced business people and entrepreneurs, the program has become a popular choice for investors wishing to settle in Canada and contribute to Quebec’s economic growth.

Eligibility Requirements

  • Net Worth: Applicants must have legally acquired a net worth of at least CAD $2 million, either alone or with their spouse or partner.
  • Management Experience: At least two years of management experience in the five years preceding the application; this can include experience in commercial, industrial, or professional businesses, or in government or international agencies.
  • Investment: A mandatory 5 year term investment of CAD $1 million (or financed through an approved Financial intermediary) in a government-approved financial project. This investment is guaranteed by the government and will be returned at the end of the term, but without interest.
  • Financial Contribution: A Mandatory financial Contribution of $200,000 to Investissement Québec Immigrants Investisseurs inc.
  • Education: Grade 12 (equivalent to Quebec Secondary School Diploma)
  • French Language Skills: Level 7 (Quebec Scale of French Proficiency level) at the time of submission of Application (result must be less than 2 years old at the time of submission)
  • Intention to Settle: Applicants must demonstrate their intention to settle in the province of Quebec.

Application Process

  1. Submission: Applicants submit their application to the Quebec immigration authorities any time. The application includes all required documents proving their net worth, management experience, and investment commitment.
    1. Application Fee: $17,875
    1. Investment & Financial Contribution- No later than 120 days following the date on which the Minister requests this
  2. Selection: The Quebec government reviews applications under its own selection criteria, separate from federal immigration programs.
  3. If you meet the above selection conditions and the Ministère has received confirmation of your investment (investment and financial contribution), you will receive a notice of intent to select.

This notice will enable you to apply for a work permit, for you and for the members of your family included in the application, from the Government of Canada for your stay in Québec.  

The application for a work permit must be made within six months following the date of the notice of intention to select. 

  • Stay in Quebec: Within two years following issuance of the work permit, you must complete a stay in Québec of at least 12 months.  

During these 12 months, a period of at least 6 months must be completed by you. The other period of 6 months can be completed by you or by your spouse or de facto spouse.  

Once the 12-month period has been completed, you must send the Ministère the documents, by mail, demonstrating your stay in Québec. 

  • Interview-
  • Certificate of Selection (CSQ): If approved, applicants receive a Certificat de sélection du Québec (CSQ), which allows them to lodge a federal application for permanent residency.
  • Federal Processing: The federal government assesses the application for admissibility, including health and security checks before granting permanent residency.

Advantages of the Program

  • Permanent Residency: Successful applicants and their immediate family members receive permanent resident status in Canada.
  • No Active Business Requirement: Unlike some other immigration programs, QIIP does not require the investor to actively manage a business in Canada.
  • Access to Social Benefits: Permanent residents can access healthcare, education, and other social benefits available in Quebec and Canada.
  • Pathway to Citizenship: After fulfilling residency requirements, investors may be eligible to apply for Canadian citizenship.

Conclusion

The Quebec Investor Immigration Program offers a unique opportunity for investors to obtain Canadian permanent residency through a government-backed investment. While the requirements are stringent, the benefits are substantial for those seeking a stable future in Quebec. Interested applicants should seek professional guidance and stay informed about the latest program updates.

HOW EURO CONSULTANTS CANADA CAN HELP YOU WITH QIIP?

*We perform an initial assessment of your profile

*We forward your application summary to financial intermediary for evaluation

*We Help you prepare application for submission to Financial Intermediary

*We guide and assist you with all correspondence received from the financial intermediary

*We help you apply for Visitor Visa, Work and Study Permits with our representation

*We submit your Permanent Residence Application through our PR Portal as your Representative.