The Quebec Investor program provides an opportunity to obtain Permanent Residency of Canada by an investment of $1.2 million Canadian Dollars.
The applicant can also obtain Canadian permanent residency by investing a non-refundable payment of $235,000 CAN instead of the refundable $1.2 million CAN through an approved financial intermediary.
Eligibility:
1- Minimum net assets belong to applicant and his/her accompanying spouse $2,000,000 CAN. (Assets including properties, bank accounts and business value)
2- At least 2 years of business experience as the business owner, senior manager, or active Medical License in the last 5 years.
3- Non-refundable investment account about $350,000 CAN in one of the financial intermediaries acknowledged by Quebec Investor Program..
Process Description:
All supporting documentation required by the Quebec Investor Program are collected and sent firstly to the Quebec financial intermediaries and then to Immigration Quebec. Quebec immigration authorities review the application after about three months and upon confirmation, a file number will be issued. After about 6 months preceding the issuance of the file number, the applicant will be invited for an interview in Montreal. If necessary, a qualified interpreter will be present to assist with this interview. Upon the approval in the interview, the applicant must transfer the non-refundable amount of approximately $350,000 CAN to an authorized financial intermediary of the Quebec Investor Program. After about 18 months from the investment date, the applicant’s permanent residency will be issued.
It is worth noting that the program will only accept a maximum of 1900 applications per year, so we strongly encourage you to contact our consultants if you are interested in the program.
Advantages:
1- No need for knowledge of English or French language
2- Investment without risk
3- No commitment to start a new business in Canada
4- Interview can be held in the applicant’s native language
Fees:
Immigration Quebec processing fee: $15,235 CAN
Federal processing fee:
Main Applicant: $1,050 CAN
Applicant’s Spouse: $550 CAN
Applicant’s Children: $150 CAN
Investment: Approximately $350,000 CAN (Refundable in case of file refusal and visa denial)
The Right of Permanent Resident Fee:
Main Applicant: $490 CAN
Applicant’s Spouse: $490 CAN
FAQ:
- Is Knowledge of English or French language necessary?
No, an interpreter will be available during the interview, if required.
- Is the investment amount of $350,000 CAN refundable in case of file refusal?
If refused for any reasons (which is less likely), after selection by the Quebec province, the investment amount will be refunded, without interest, to the applicant.
- Is my child included in my file?
Yes, if your child is single and less than 22 years old at the time of submitting the application.
- Is it necessary to reside in Quebec province?
No, successful applicant is given a Canadian PR card and are free to move to and take up residence in any province in Canada, as guaranteed by the Canadian Charter of Rights and Freedom.
- Is the program currently open?
The program will reopen for new applications from early August 2018. The program will be closed very quickly as it have limited quotas. If you are interested in this program please contact us soon.
