STABILITY. SECURITY. WELL-BEING. DIVERSITY. THESE ARE BUT A FEW WORDS THAT COME TO MIND WHEN YOU THINK OF THE CANADIAN PROVINCE OF QUEBEC. THIS PART OF CANADA HAS A POPULATION OF 8.2 MILLION AND HOLDS THE COUNTRY’S SECOND LARGEST CITY—MONTREAL. THE FRANCOPHONE AND ANGLOPHONE COMMUNITIES LIVE AS ONE IN THIS FRENCH-SPEAKING PROVINCE THAT OFFERS ITS RESIDENTS AS WELL AS IMMIGRANTS A SAFE, CULTURALLY RICH AND DISTINCTIVE ENVIRONMENT. A PLACE WHERE DIFFERENCE IS EMBRACED AND BUSINESS AMBITION IS CELEBRATED, OFFERING ENDLESS POSSIBILITIES WITH THE NEIGHBOURING NORTH AMERICAN MARKETS.
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The Quebec Immigrant Investor Program (QIIP) is the only option offered to immigrant investors who wish to obtain permanent resident status. While it is quite effortful, this program stands well-above all other programs on the market in terms affordability, management, and rewards. What’s more, it is low-risk.
By becoming a permanent resident of Quebec, you and your family are able to travel visa-free to over 70 countries. The province’s public education system, top-ranking universities and universal health care services also become available to you. Among the most notable benefits of living in Quebec are the following: free access to community colleges, low university tuition fees, affordable housing, a generous parental-leave program and low-cost publicly funded child care. Also, Canadian citizenship can eventually be acquired by permanent residents.
A 800,000 CAD passive investment must be made for five years. Here’s how it works: You are essentially purchasing a government bond which is guaranteed by the government of Quebec. After five years, you will be fully reimbursed without interest. This investment can also be made through a loan from a Canadian bank, which is a very interesting option for investors facing barriers when transferring capital from their home country. In this case, a non-refundable amount of approximately 220,000 CAD must be paid at the beginning to cover interest and transaction fees.
Net assets of 1,600,000 CAD, alone or with your spouse, are required. Furthermore, you must demonstrate that such assets were obtained legally by submitting extensive documentation. An incomplete application is a sure path to rejection, thus the importance of seeking proper guidance through this process. You must demonstrate total transparency in declaring any and all sources of income, bank accounts, personal properties, debts, liabilities, shares, inheritances, donations, etc. Your acceptance is directly dependant on your ability to provide complete, truthful and verifiable information.
Besides the financial requirements, you are also required to demonstrate experience in management and an avowed intention of remaining in Quebec. Your managerial experience is a major factor in your application. You must show that you have practised at least two years of business skills within the past five years.
Immigrant investor programs are sprouting up all around the world in the hopes of attracting foreign investors. Quantity does not, however, translate into quality. That said, keen expertise that is in tune with global changes and trends is an extremely valuable and crucial asset when engaging in such complex endeavours and when assessing the plethora of available options. Our immigrant investor programs simplify matters to enable you to make well-informed choices that are right for you, according to your specific needs and aspirations.