Disclaimer: This article is only intended for educational purposes and shouldn’t be used as a substitute for legal advice.
In the Quebec Immigrant Investor Program, the person does not have to own or manage a business in the province. The program requires the person to make an investment of $1.2 million in a suggested government-guaranteed investment. Apart from it, the person must be willing to live in Quebec. Considering that it’s a French-speaking province, that can be tricky for some people.
Once the province selects an application, the Federal immigration authorities run health and criminal examinations. The candidate needs to meet all requirements to obtain a Canadian residency.
What Do You Need to Apply for the Program?
Here’s what you need to apply for the program.
- Business/management experience in the last 5-years living in Canada. The experience must be of at least 2 years.
- The investor’s minimum net worth should be around CAD 2 million, provided that the assets are obtained legally. If they have a spouse or a de factor spouse, their assets will be included in it.
- The person must invest an amount of CAD 320,000 into Quebec’s economy at one time.
Apart from it, your age, education, language proficiency, and adaptability play a great role in your visa approval. Quebec is one of the provinces in Canada that offers incredible work opportunities due to its growing economy.
Frequently Asked Questions (FAQs)
1. What is meant by management experience to apply for Quebec Investor Program?
The applicant needs to have management experience in commercial, industrial enterprise, or legal agriculture. The person must hold two years of full-time working experience in the management sector.
2. Is the investment refundable?
No, the person needs to invest about CAD 320,000 and the amount is non-refundable.
3. What are the requirements for the family to be a part of the application process?
Children who are dependent on parents and are under 22-years-old are eligible to apply for the program. If the child is 22 or above 22, then they must have a continuous education record in Canada until they get their immigrant status.
If you’re applying for the first time, the best thing is to hire an immigration lawyer to help you throughout the process.
We’re one of the three best immigration law firms in Mississauga that has helped plenty of people to gain immigration through the Quebec Investment Program. Get in touch with us by fixing an appointment today!
