By Mondaq News |
By Mondaq News |
The Quebec Immigrant Investor Program (QIIP) will be accepting applications starting May 29, 2017. The QIIP facilitates immigration to Canada for qualified investors who undertake to settle in Quebec and make a passive investment in Quebec via an authorized financial intermediary. The program is well suited to professionals/business owners with business management experience seeking an avenue to apply for permanent residence in Canada. Applications may be made until February 23, 2018 or earlier if maximum quota is met.
Who Qualifies? In order to be eligible for the program, applicants must:
Have, alone or with an accompanying spouse, net assets of at least CAD $1,600,000
Have experience in managing or owning a business or professional firm for two of the last five years
Intend to settle in Quebec and sign an agreement to invest CAD $800,000 with an authorized financial intermediary
Assessment of your application will also include other factors such as your age, professional background, and language skills. Financing options for your investment are available.
Program Cap
The program will accept 1900 applicants. No more than 1330 applicants will be accepted from any single country.