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Quebec Investor Program was created by the Quebec government in 1986 in order to favor the unconditional entry of businesspeople and their families to Quebec as permanent residents. Under this program, potential investors who agree to respect certain requirements and make a passive investment will obtain permanent resident status in Canada along with their dependent family members.
REQUIREMENTS
1) Demonstration of minimum 2 (two) years business management experience in the past 5 (five) years,
2) Legally obtained net worth of at least CAN$ 2,000,000,
3) Meeting the government secured (risk-free) "full investment" and "additional contribution" amounts,
4) Ability to speak and understand B2 level French language.
A) FULL INVESTMENT AMOUNT
The required full investment amount is CAN$ 1,000,000. Under the full investment, investors deposit the required amount for a period of 5 (five) years. At the end of this period, the full amount is returned to the investor without accrued interest.
B) ADDITIONAL CONTRUBUTION AMOUNT
In addition to the full investment, investors are required to make a non-refundable financial contrubution of CAN$ 200,000 to the Quebec Government.
PERMANENT RESIDENCY REQUIREMENTS
Once temporary residency is approved, investors and their family members will be required to reside in Quebec for 12 months during the first 2 (two) years to obtain permanent residency of Canada.
CITIZENSHIP REQUIREMENTS
Investors and their family members who have lived in Canada for 3 (three) out of 5 (five) years (1,095 days) preceding the application are eligible to apply for Canadian citizenship.
OTHER REQUIREMENTS
Applicants are required to undergo a medical check and must have no criminal record.
Quebec Investor Program is subject to certain application intake periods and quotas. Applications submitted by candidates that can provide an advanced intermediate level of French (B2), as demonstrated by a standardized test, are not subject to the period of intake and can file at any time during the year. These applications will have priority processing.
For more information, please contact us.
