Quebec Immigrant Investor Program (QIIP)
Canada is a highly sought after location for foreigners to permanently reside in due to its strong, stable and wealthy economy and high standard of living. Canada is an enviable destination for high net worth individuals with welcoming business environment, strong growth records, financial stability, highly educated workforce and low business tax costs. It is a great place to work and live due to world-class educational and health care systems, clean and friendly environment. The OECD’s Better Life Index ranks Canada above the average in housing, subjective well-being, personal security, health status, income and wealth, social connections, environmental quality, jobs and earnings, education and skills, work-life balance, and civic engagement.
The Quebec government operates its own highly successful and very flexible Quebec Immigrant Investor Program (QIIP), which has been in place since 1986. It requires applicants to have a net worth of CAD 1.6 million and CAD 800,000 of investment, two years of business experience and an intention to live in Quebec. The administration of the QIIP program was fully subscribed in 2014 and 2015 with 1,750 applicants each year. The 2016 version of the QIIP program accepts 1900 applications.
The application procedure under Immigrant Investor Program is well regulated and can be submitted online or directly to the Canadian embassy or consulate. Usual timeframe for obtaining of a permanent residence in Quebec can take up to 3 years or more. During the application process the applicant is not allowed to enter Canada.
Please contact us to determine whether you qualify to immigrate to Canada as a Business Immigrant.