Investor Immigration Program

Quebec - Investment Immigration Program (QIIP)

Quebec (Quebec) is Canada's French province and its official language is French. Major cities include Montreal and Quebec City.

 

The Quebec Immigrant Investor Program (QIIP) was established in 1986 by the Government of Quebec, Canada and is now collectively referred to as Quebec Investment Immigration or QIIP. This program is designed to allow applicant and their families to obtain permanent residing in Canada by investing in Quebec. After meeting certain requirements, you can apply to become a Canadian citizen and obtain a Canadian passport.

 

With the repeal of the Canadian federal investment immigration program long ago, QIIP has become the only immigration programme in Canada that allows applicants to obtain permanent resident status through investment. The provincial government uses investor's fund through this program to provide funding for Quebec's small and medium-sized enterprises to support local economic development.

 

 

Programme Advantages/ Features:

  1. All immediate members can be included in the same application
  2. 100% risk-free investment
  3. Besides investing CAD 1.2 million for 5 years, applicant can invest through loan financing. Applicant can apply for loan financing through Financial Intermediaries – Broker or Trust Company which is appointed by the government of Quebec. Applicant only needs to pay the total amount of loan interest for that five years to the Financial Intermediaries.
  4. No need to operate a business after landing in Canada and bear the risk at business operations
  5. Quebec has the top 10 universities in the Canada: McGill University, Université de Montréal etc.
  6. Children can enjoy free education after permanent residency is granted

 

 

Basic requirements of an applicant:

  1. Aged 18 or above
  2. Has at least 2 years of business background or senior management experience in the past 5 year
  3. Has net assets of CAD 2 million or above, including intangible assets and real estate, and can include spouse's assets
  4. Explanation on the sources of Fund
  5. Invest CAD 1,200,000 through the Financial Intermediaries – Broker or Trust Company for five years

 

 

Special case sharing:

 

 

Friendly reminder from Goldmax Consultants:

  • Quebec Investment Immigration or QIIP has application quotas, and is granted by a financial business (Financial Intermediaries - Broker or Trust Business).
  • Difference between enterprise immigration and investment immigration is the former requires the applicant to go to Canada to run a business, while the latter requires the applicant to invest a certain amount of money then to apply to become a “permanent resident”. Some clients are worried about the loss which will cause at the new environment when doing business. Therefore choose to apply through investment immigration which does not need to bear the risk at the business operations.