Quebec Immigrant Investor Program
Canada is the most popular immigrant destination for HNW families. The Quebec Immigrant Investor Program is most popular path to become a permanent resident in Canada. Once selected, any new Canadian resident under any of the Quebec Programs may choose to reside in any Province of their choice. The QIIP also provides path to Canadian citizenship after three years of living in Canada.
Canada in 2018 announced new changes to quebec immigrant investor scheme and new changes were published in the official gazette
Quebec program has been currently suspended for intake of applications.
To be eligible for the Investor Program, applicants are required to meet the following conditions:
Applications will also be assessed on other factors, such as your age, education and language skills.
Available for US$250,000 (one time costs) financing bonds
According to Quebec government, A total of 1900 applications will be accepted of which a maximum of 1,235 applications from foreign nationals from the People’s Republic of China, including the administrative regions of Hong Kong and Macao, will be accepted.
The rules regarding the maximum number of applications that can be received do not reflect a change in Québec’s immigration objectives.
Immigration
Program |
Maximum number
of applications to receive |
Business immigrants | |
|
1 900** |
|
60 – Stream 1 : 25 – Stream 2 : 35 |
|
50 |
The Government of Canada introduced a new bill in 2017 reducing the citizenship time from five years to just three years
The passport of Canada is sixth best passport in the world with visa free travel to 185 countries in 2018.