Quebec Immigrant Investor Program (QIIP)
- Permanent Resident
- Open
GSB
SUMMARY
Ready to take the next step towards your Canadian immigration journey? Fill out the form below and embark on your path to new opportunities.
MINIMUM REQUIREMENTS
The following requirements must be met if you are applying to Quebec Investor Program:
1- Net Worth
You must have net worth of at least $2,000,000 CAD which has been accumulated through legal and legitimate sources. The funds must have been accumulated by you alone or with the help of your spouse/common-law partner.
2- Business or Management Experience
In the last five (5) years prior to submission of your application, you must have at least two (2) years’ management experience either as an active business owner or working in a senior management role of a business. This expertise must not have been gained in the specified areas:
- Payday loans, check cashing, or pawn loans.
- Production, distribution, or sale of pornographic or sexually explicit materials, as well as services associated with the adult industry, such as nude or erotic dancing, escort services, or erotic massage.
3- Investment Agreement
You must sign an investment agreement with one of the financial intermediaries, brokers or trust companies authorized to participate in the Investor Program (➨Appendix 7). This financial intermediary will be responsible for making the investment and the financial contribution on your behalf. As an investor applicant you must make a 5-year term investment of $1,000,000 with zero interest and a financial contribution of CDN$200,000 to Investissement Québec – Immigrants Investisseurs Inc. . You may have the option of financing the 5-year investment through the financial intermediary.
4- Education
You must have a diploma that is at least equivalent to a secondary school diploma in Québec, and it must have been obtained prior to the submission date of the application.
5- Knowledge of French Language
You can submit an application only if you declare that you have an oral knowledge of French of Level 7 or more according to the Echelle quebecoise des niveaux de competence en français (Level B2) (➨Appendix 5).
6- Ineligibility
You are not eligible to apply under the Quebec Investor Program if you are a refugee claimant in Canada, a failed refugee claimant, had a removal order, are prohibited from entering or being in Canada, do not have status in Canada or are living illegally in your country of residence.
Ready to take the next step towards your Canadian immigration journey? Fill out the form below and embark on your path to new opportunities.
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WHAT STEPS SHOULD YOU TAKE?
Step 1: Sign an Investment Agreement with a Financial Intermediary
You must contact one of these intermediaries that are listed here (➨Appendix 7), directly or through your representative and submit to them a complete file with all the application forms, supporting documents and a Narrative Document for a mandatory review. Quebec requires a detailed narrative document, written in your mother tongue, explaining the history of acquisition of your assets and separate narrative document for your spouse or common-law partner (if applicable).
Brokers and trust companies offer the possibility of financing the investment. You are allowed to finance the 5-year term investment through your selected broker.
Step 2: Submit Application for a Quebec Selection Certificate
| Quebec Application | |
| Submit Application: | |
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Direction du regroupement familial et de l’enregistrement Ministère de l’Immigration, de la Francisation et de l’Intégration 207-1200, boulevard Saint-Laurent Montréal (Québec) H2X 0C9 CANADA |
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| Official Program Guide: | |
| immilib.com/QI-Guide | |
| Quebec Application Fee: | |
| Main applicant: | $17,380 |
| Spouse: | 0 |
| Each child: | 0 |
| Processing Time: | |
| Not available | |
| Document Checklist: | |
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(page 23) |
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| Contact: | |
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Tel: 514-864-9191 Fax: 514-864-8158 (general questions) |
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For more information on the online assessment, see (➨immilib.com/Q-Attestation).
During the review of your application, particular attention will be paid to specific points that are:
- your intention to settle in Quebec;
- your management experience;
- your investment agreement;
- your net assets; and
- proof of source and lawful acquisition of your assets.
The following are what may happen after you submit your application:
- Decision based on file: Your application is processed and approved or refused based on your file and no interview is required.
- Intent to refuse: You receive a letter asking you to provide further information/documents within sixty (60) days.
- Notice to attend an interview: If an interview is required, you will receive a notice stating the exact date and place and a list of documents to provide.
Step 3: Make the Investment and Financial Contribution
If your application is approved, you will receive a notice of intent for permanent selection that will allow you to make your $1,000,000 investment and $200,000 financial contribution with Investissement Quebec within 110 days. The term of your investment is five (5) years, at the end of which the investment portion is returned to you without interest, within 30 days. The five (5) year period begins upon issuance of the Quebec selection certificate and before you are landed in Canada. Proceeds from the investment are used to fund various business and social programs within the province of Quebec.
Financing: The Quebec Investor program allows you to finance your investment through your designated Broker or trust company.
Step 4: Apply for Work Permit
If you meet all the program conditions except for the Stay in Québec, you will be issued a Notice of Intention to Select by Québec. This notice will provide all the necessary details for applying for a work permit from the Government of Canada for your stay in Québec.
This notice will enable you to apply for a work permit, for you and for the members of your family accompanying you, from the Government of Canada for your stay in Québec.
The application for a work permit must be made within six (6) months following the date of the notice of intention to select.
Step 5: Stay in Quebec
Within two (2) years from the issuance of the work permit, you are required to complete a stay in Québec lasting a minimum of 12 months.
This 12-month duration should include a personal presence of at least 6 months. The remaining 6 months can be fulfilled either by yourself or by your spouse or de facto spouse.
Upon completion of the 12-month requirement, you must submit documentation to the Ministère attesting to your stay in Québec. Upon demonstrating your residency in Québec, your application will be accepted, and you will be granted a Certificat de sélection du Québec (Québec Selection Certificate).
Step 6: Apply for Permanent Residence
After obtaining your CSQ, your next step is to submit a complete application for a permanent resident visa (➨Page) within the validity of your CSQ which is two (2) years.
You must submit your application using the IRCC Permanent Residence Portal (PR Portal) (➨ immilib.com/PR-Portal).
Step 7: Landing in Quebec
If your application for permanent residence is approved, you will be asked to pay your right of permanent residence fee if you haven't already done so. You will receive a Confirmation of Permanent Residence (CoPR) and if you are from a country that requires a visa you will also be issued a permanent resident visa.
You will only become a Permanent Resident of Canada when you cross a Canadian port of entry. This is referred to as ‘landing in Canada' (➨Page).
You must land in Canada before the expiry date, which appears on your Canada Immigration Visa. Usually, the expiry date is one (1) year from the time medical examinations were completed. As this is not always the case, be sure to verify the expiry date as soon as the Canada Immigration Visa is received.
If you arrive at the Montreal-Trudeau international Airport, you will be greeted by the personnel of the Ministère de l’Immigration, de la Francisation et de l’Integration who will offer direct support services to you.
Ready to take the next step towards your Canadian immigration journey? Fill out the form below and embark on your path to new opportunities.
WELCOME TO QUEBEC!
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