As there are no specific language or age requirements to be eligible for this program, the QIIP is one of the most sough-after and important investment programs of its kind in North America. Please note that this program accepts only a limited number of applicants during the course of a given calendar year. As space is limited, please contact one of our lawyers today for a free, immediate assessment of your eligibility.
Important changes have been made to the QIIP by Immigration Quebec. All potential applicants for the Quebec Investor Program, are now be required to meet the following criteria:
Other factors that will be taken into consideration include age of applicant, educational and work experience, as well as French language skills. Most applicants are able to settle in Canada after a period of approximately 24 months.
The program is a two-fold process. First, and after an applicant is “selected” by Quebec Immigration the applicant will be asked to make the $1,200,000 CAD investment with an accredited financial intermediary, or the one-time, non-refundable investment of about $350,000 CAD . Once the investment agreement is signed, the candidate will then be asked to apply for the Certificat de Selection du Quebec (CSQ). Once the CSQ is obtained, the applicant will then apply for permanent residency with Immigration, Refugee and Citizenship Canada.
Please note that financing is also available for the investment amount of $1,200,000 CAD. Once the investment is made, the total sum will be returned to the selected applicant, interest-free after five (5) years.
The program becomes available to applicants a few times per year and the number of applications are limited. In the past year, 1900 such applications were accepted by the Quebec Government. Please note that individuals who possess an advanced knowledge of the French language, can apply at any time during the calendar year and are not subject to the yearly quota. They furthermore have priority of the review of their application, therefore, a solid knowledge of French can be considered an asset.
At KLM Immigration, our attorneys specialize in business, entrepreneurship and investment immigration and have, over the years, successfully represented international investors from Asia, Europe, the USA and the Middle East. Contact one of our lawyers today at 1(888) 603-3003 for a free, comprehensive consultation.