Quebec Immigrant Investor Program to Reopen on May 29, 2017

Quebec Immigrant Investor Program is an option for business immigrants with a high net worth wishing to secure permanent residence on the basis of a passive investment.

QIIP will reopen for applications from May 29, 2017 to February 23, 2018, and up to 1,900 applications may be accepted for processing, so we encourage you to act fast.

Successful Quebec Immigrant Investor Program candidates will be granted a categorical Canada Permanent Resident Visa and may immediately start living, working and doing business anywhere in the country. New investor immigrants may also apply their children to begin studying in Canada, and can apply to local schools and universities as a Canadian resident as opposed to a foreign student.

Finally, the QIIP is a way not just to Canadian permanent resident status, but also to Canadian citizenship and the right to a Canadian passport. Currently, Canada’s citizenship naturalization criteria require only four years of residency in Canada within six years, and the current federal government aims to reduce this requirement to three years of residency out of five.

In order to be eligible for the program, applicants must:

  1. Have, alone or with an accompanying spouse, net assets of at least CAD $1,600,000
  2. Have experience in managing or owning a business or professional firm for two of the last five years
  3. Intend to settle in Quebec and sign an agreement to invest CAD $800,000 with an authorized financial intermediary
  4. Assessment of your application will also include other factors such as your age, professional background, and language skills.  Financing options for your investment are available.

Interested investors should email investor@nascintl.com.

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