Quebec’s one of the most well-known programs for investors is all set to open within the next two months. The Quebec Immigrant Investor Program (QIIP) is a Canadian Immigration program specifically designed for the international investors. This is called to be Canada’s only passive investor immigration program- being associated with the best benefits than any other investor immigration programs globally. By the means of this program, international investors can obtain Canada Permanent Residency status by investing CAD $800,000 without any risk.
Benefits of the Quebec Immigrant Investor Program:
- There is no conditional or probationary stage associated with this program. All successful applications by default lead the applicant to a Canadian permanent residency status. This feature makes QIIP much beneficial when compared to EB-5 program of the United States, where the applicants have to prove that they have created 10 jobs within the past 2 yrs for eligibility.
- The investment of QIIP which equals an amount of CAD $800,000 can be paid by the applicant or arranged through a financial financing source. The benefit here is that the investment is guaranteed by Government authority of Quebec and returned to the investor in full after completion of five years.
- The QIIP program of Canadian immigration allows immediate members (spouse/common-law partner and dependent children under 19 yrs) of the applicant’s family to be included in the application. These members also become Canadian permanent residents by obtaining a Canada PR visa after a successful application. Plus, the entire family gets to enjoy all benefits of a PR visa holder- free healthcare and medical, ease of education in world-class universities of Canada etc.
- On meeting Canada’s Citizenship naturalization criteria, by the means of QIIP an applicant can also claim Canadian citizenship.
Requirements of Quebec Immigrant Investor Program:
Minimum Net Worth: Applicant must have a min. CAD $1.6 million in net worth, which he/she or the spouse has acquired through legal means. Assets like bank account, property, stocks & shares, pension funds etc. can be included.
Investment: With an intention to settle in Quebec, applicant must agree in written to invest CAD $800,000, by self or through the support of a financial intermediary. This agreement must be signed with financial intermediary- a broker or a trust company that is authorized to be a part of the QIIP.
Experience in Management: Applicants must have at least two years of management experience, which is not older than past 5 yrs. However, the experience is not only limited to commercial activities. Experience gained from any government agency or department or even international agency will be considered.
For more Info and Guide lines Contact Kansas Overseas Careers® Experts.
