Quebec investment program
The Quebec Immigrant Investor Program is passive in nature; This means that investors who are selected under this program do not need to create or actively manage a business in this province. Applicants with a net worth of at least 2 million Canadian dollars can apply for permanent residence in Canada through the Quebec Investment Program.
Although Quebec is the French-speaking province of Canada, applicants are not required to provide proof of French language in their application. Of course, having a French language certificate can have a positive effect on the outcome of your case.
Quebec investment program conditions
condition criteria
Desired destination is Quebec
The minimum net worth is the minimum personal net worth equal to 2 million Canadian dollars, obtained by the individual himself or with the help of his spouse, through legal means. Assets such as property, bank accounts, pension funds and stocks can also be considered as part of this minimum net worth.
Managerial or commercial experience Having at least 2 years of full-time managerial experience of the candidate (including planning, monitoring and controlling financial and human or physical resources), in a specific company (agricultural, commercial or industrial, or managerial experience in a government or international organization) International), within 5 years before submitting the application. The company must have at least 2 full-time employees and must not be profitable. It can also be an international agency, department or government office.
Investment Agreement to invest 1,200,000 Canadian dollars in one of the approved financial institutions (this amount can also be invested directly).
Language level Minimum knowledge of French at level 7 (Upper Intermediate) in speaking skills
Educational qualification Having at least an educational qualification equivalent to a Quebec high school diploma
Obtaining the minimum points Obtaining at least 40 points out of 89 points in the grading system of Quebec province based on the determined factors
Obtaining a certificate of learning the common values of the Quebec society. Submitting a certificate of learning the common values of the Quebec society after the file is opened
Other cases of lack of problems in medical examinations and bad background
Scoring in the method of immigration by investment in Quebec
Quebec investment program applicants receive points based on 6 factors (level of education, management experience, age, knowledge of English or French, history of residence in Quebec or having a relative in Quebec, and investment contract).
The passing score for this program is 40 points, of course, 10 points for management experience and 25 points for investment amount are required. That is, applicants who meet the minimum requirements need only 5 more points to get a passing score.
score factor
- Level of Education
Diploma 2
Professional technical diploma 6
2-year diploma 4
2-year technical diploma 6
3-year technical diploma 8
1-year university degree 4
2-year university degree (post-diploma) 6
University degree of 3 years or more (bachelor’s degree) 10
Master’s degree 12
Doctorate 14
Maximum score 14 - Management experience
Less than 2 years 0
2 years and more 10
Maximum 10 points - Age
18 to 45 10
46 8
47 6
48 4
49 2
50 or more 0
Maximum 10 points - Language knowledge
French
Compréhension orale 0, 5, 6 or 7
Production orale 0, 5, 6 or 7
Written Comprehension 0 or 1
Production écrite 0 or 1
English
Listening 0, 1 or 2
Speaking 0, 1 or 2
Reading 0 or 1
Writing 0 or 1
Maximum score is 22 - Residence in Quebec or having relatives in Quebec
Studying in Quebec (at least 1 semester) 5
Work stay in Quebec (at least 3 months) 5
Work history of the youth exchange program for 6 months 5
Staying for investment purposes for at least 1 week 2
Staying for other purposes for at least 2 weeks 1
Residence for other purposes for at least 3 months 2
Having a spouse, parents, children, siblings, grandparents and grandchildren 3
Maximum score 8 - Investment contract
Delimitation according to the laws of the province 25
passing score 40 points (out of a maximum of 89 points)
Documents required to invest in Quebec
Copy of passports (valid for at least 1 year)
A printout of the applicant’s account in the last 6 months
The form with the original signature of the applicant and his wife (and if he has children aged 22 years and older)
Investment contract with the applicant (original signed by both parties)
Processing fee payable by check from a Canadian financial institution
Real estate appraisal
Ownership documents
If you have shares: the company’s articles of association, company registration and notice of changes and company’s financial statements
If you have managerial experience in a company: work certificate with the following:
Contacts
Duties and job description
income
And also the payslip
Insurance list of employees under observation
History of property acquisition
Chart
Education certificates or diplomas obtained by the main applicant
Relevant forms
Steps to immigrate to Canada through investment in the province of Quebec
First step: Eligibility assessment and collection of necessary documents
Eligibility Assessment: First, make sure you meet the criteria and requirements for this program. Criteria such as having a net worth of at least 2 million Canadian dollars, managerial experience and a willingness to invest in the amount of 1.2 million Canadian dollars.
Collect documents: Collect necessary documents such as proof of net worth, financial statements, business ownership documents and proof of management experience. To send the file, all the documents must be ready and complete.
Second step: completing the application form
Completing the form: Fill out the official application form for the Quebec Immigration to Canada by Investment Program (QIIP). This form includes personal information, investment details, your business experience and commitment
It is related to residence in Quebec province.
Additional documents: Attach all required documents, including legal and financial records, to your application.
Third step: sending and submitting the request
Submitting the application: Submit the completed form along with the necessary documents to the immigration authorities of the province of Quebec.
Application Fee: Pay a non-refundable application fee of $16,874. There is a possibility of changing this fee on January 1 of each year, so make sure of its amount.
Fourth step: review of the case by the authorities of the province of Quebec
Preliminary review: Quebec immigration officials will conduct a preliminary review to ensure your file is complete and eligible.
In-depth evaluation: After the initial evaluation of the case, a more detailed and complete evaluation is performed on each person’s file, including checking the accuracy of the documents and the compliance of the documents with the requirements of the program.
Fifth step: uploading the interview
Invitation to an interview: If necessary, you may be invited to attend an interview session to discuss your case, investment and goals in more detail.
Preparation for the interview: It is better to prepare for this interview with the help and advice of a Canadian immigration lawyer.
Sixth step: Acceptance of application and investment contract
Conditional acceptance: If your application is successful, you will receive conditional approval.
Investment contract: After that, you need to sign an investment contract with a financial intermediary approved by the Canadian government.
The seventh step: investment
Investment process: Submit an investment of $1.2 million through a financial intermediary approved by the Canadian government. This investment is usually for a period of 5 years and is guaranteed by the government.
Documents proving the investment: hand over the documents related to this investment to the authorities of the province of Quebec.
Step 8: Obtain the Quebec Selection Certificate (CSQ).
Issuance of CSQ: After your investment is approved, you will be issued a Quebec Selection Certificate (CSQ). This certificate confirms your selection by the province of Quebec.
Ninth step: receiving open work permit and residency documents
3-year initial open work permit: As the main applicant, you and your spouse will receive a 3-year work permit at the very first stage of moving to Quebec. Your dependent children will also be able to immigrate to Canada.
Immigration to Quebec: You can go to Quebec after entering a work visa in your passport. After arriving at the airport, a work permit will be issued to you.
Residence in Quebec: Within 2 years of the issuance of the work permit, you must meet the 12-month residence requirements to live in Quebec. This condition can be fulfilled by combining 6 months of residence by the main applicant and another 6 months by the main applicant or his spouse.
Step 10: Submit the federal case and permanent residence
Federal Application: With a CSQ certificate and proof of residence for at least 12 months (as mentioned above), you can apply to the federal government for permanent residence (PR).
Medical and Security Screenings: As part of the federal application process, you will undergo medical and security screenings.
Case approval: If there are no problems, you and your family members will receive Canadian permanent residence.
Step 11: Path to Canadian Citizenship
Residence: You must live in Canada for at least 1,095 days to be eligible for Canadian citizenship. Your previous stay in Quebec with work permit status may also count.
Language skills: If you are between 18 and 54 years old at the time of applying for Canadian citizenship, you must prove that you have sufficient knowledge of English or French; That is, the minimum level of CLB 4.
Citizenship test: In this simple multiple-choice test, questions will be asked about the rights and responsibilities of Canadian citizens, history, geography, government, laws and Canadian symbols.
Canadian Passport: After completing all these steps and taking the oath of Canadian citizenship, you will receive a Canadian passport. This passport is ranked 7th in the world ranking of passports in 2023.
It is important to note that the Quebec Investment Program process can be time-consuming and complex, often lasting from a few months to over a year; Therefore, it is highly recommended to work with an experienced and reputable immigration attorney to proceed through this program.
Benefits of investing in Quebec Canada
Risk-free investment: The investment of 1,200,000 dollars is guaranteed by the Quebec government, and at the end of a 5-year period, the amount of 1,000,000 dollars will be fully returned to the investor.
Passive investment: After the investment is made, no management role is required.
Accompaniment of family members: All first-degree family members of the candidate (wife and dependent children) are also subject to this request and will receive the same status as the candidate.
Using the benefits of obtaining permanent residence: obtaining permanent residence status with the same benefits as Canadian citizens (use of medical services, free public education, access to world-class universities, etc.).
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