• cicnews.com

Quebec proposes changes to its popular Investor Program

Changes increase net assets and investment requirements

The Province of Quebec has proposed new regulations for a number of its unique immigration programs, including the Quebec Immigrant Investor Program, or QIIP.

Quebec has several immigration programs, some which allow candidates to pursue Canadian permanent residence and some which allow candidate to apply for temporary residence in Canada.

The Quebec Immigrant Investor Program, or QIIP, is the only passive investment program offered by a Canadian province that can result in a Canadian permanent resident visa.

This investor program is typically quite popular, and quotas generally fill quickly. Last year the program had a quota of 1,900.

Among the changes introduced on March 28, the QIIP has increased both the net asset requirement and investment requirement from the last iteration of the QIIP. The previous requirements were net assets of CAD $1.6 million and an investment of CAD $800,000 respectively.

Under the new eligibility requirements of the QIIP:

– Candidates must have, whether alone or with the accompanying spouse or de facto spouse, net assets of at least CAD $2,000,000 whose lawful origin must be demonstrated; and

– Make a five-year term investment of CAD $1,200,000 with a subsidiary of Investissement Québec for which the foreign national has entered into an investment agreement with a financial intermediary authorized to participate in the program.

Other eligibility requirements include being over 18 years of age, having management experience, intending to settle in the province of Quebec and obtaining a passing score under Quebec’s points system.

During the most recent intake period, financing for the investment was available from financial intermediaries.

For interested candidates who now cannot qualify for this program because of these changes, the good news is that Quebec also announced new eligibility criteria for other non-passive program, including the popular entrepreneur category.

“These changes may be welcome news to candidates who satisfy the new requirements and who may now face slightly less competition,” said Attorney David Cohen, senior partner with the Campbell, Cohen immigration law firm in Montreal.

“The quota, however may still be reached quickly so interested applicants will need to be prepared.”

#immigration #immigrationcanada #businessincanada #startbusinessincanada #investincanada #canadaPR



  • Australia: Our partner company employs MARA registered agents.

  • New Zealand: Our partner company in NZ employs licensed immigration advisors

  • Canada: We work with Regulated Immigration Consultants

  • We are IATA (International Air Transport Association) certified

  • We are a member of TAAI (Travel Agents Association of India)

For more information about us, talk to us at - info@globalinvestorimmigrationservices.com

India: 343(Sierra Cartel Building), 2nd floor, 9th Main, 22nd Cross, sector 7, HSR Layout, Bangalore

Sydney, New South Wales, Australia 2000

Montreal, Canada

DISCLAIMER: We are not part of the Australian, Canadian, UK or any country’s government. We are a private limited company registered in India working with Registered Immigration Attorneys in various countries. We do not have the authority to grant you a Visa of any kind. The final decision on all Visa applications rests with the appropriate government authority in the country to which you are seeking to migrate.

We are a Management/Business Consultancy and assist client companies in talent search for a fee. We do not charge a recruitment fee from any individuals nor do we provide recruitment services.

To provide for secure and safe data management and communication for our clients and ourselves, we do not, as a company policy, accept any calls from VoIP or VPN based internet telephony numbers. We request all our clients to communicate through standard means of communications such as phone or e-mail.