Note:
The maximum number of new INVESTOR applications intake under the Quebec Business
Investor Program has been fixed at 2700. The Ministry of Immigration and Cultural
Communities of Quebec (MICC) has taken a decision to limit the intake of new applications
for selection certificate (CSQ) in an attempt to reduce processing times and thus
be able to select economic immigration applicants faster. The above decision is
pending adoption by the National Assembly of Québec and will be retroactive from
March 21, 2012.
If you are interested in coming to Québec and participating
in its economic development by making an investment, Quebec Investor Program would
be the right option for you.
To be eligible for this program, you must :
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Parameter
|
Requirements
|
|
Intended Destination
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Province of Quebec
|
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Minimum Net Worth
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Have legally acquired a minimum of CAD 1,600,000 in net worth, alone or with the
help of their spouse or common-law partner in the event that the spouse or common-law
partner is accompanying.
|
Business & Management
Experience
|
Have acquired a minimum of two years of management experience (planning, supervision
and control of human, physical and financial resources) over the course of five
years prior to the submission of the candidate’s application. Must also have accumulated
this experience in a profitable business (agricultural, commercial, industrial enterprise,
OR management experience in a governmental or international organization) and in
a position defined as full time.
|
|
Investment
|
Agree to invest the sum of CAD $ 800,000 through an approved financial intermediary.
Investment of CAD $ 800000 is refundable after 5 years without interest. However,
investment can be made at lower amount with an agreement with financial intermediatery
in Canada i.e. CAD $ 220000 and balance by bank. It is non refundable.
|
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Miscellaneous
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Medical examination and security background check
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The assessment of your application will also take into account other factors such
as your age, the nature and duration of your professional training and your language
skills.
When making your investment under this program, you can choose one of the two options:
:
• Investment of CAD$ 800,000 of your own funds: In order to meet the investment
requirement, you may choose to make a government-guaranteed investment of CAD 800,000
of your own funds with the Government of Quebec. These funds are then kept with
the government for a period of five years, after which they are returned to you
in full with 0% interest; OR
• Payment of a financing fee of CAD$ 220,000: Instead, you may choose to
pay a one-time financing fee of CAD 220,000 to a government-approved financial institution.
This fee will not be returned to you. The financial institution will then make an
investment with the government on your behalf, using their funds.
Quebec
Business Investor Processing Times