The Quebec Immigrant Investor Program is now accepting new applications. A maximum of 1,900 applications will be processed during the present intake period which runs until 28, 2017. However, the intake cap might be reached sooner than that, considering the program’s global popularity. Candidates with advanced intermediate French skills will have an edge.
The program offers foreign entrepreneurs the opportunity to obtain Canadian permanent residence if they invest in businesses in the Quebec area. They must invest CAD$800,000, be willing to settle in Quebec and have at least two years of management experience accumulated over the past five years.
Compared to other similar immigration paths in the world, The Quebec Immigrant Investor Program leads automatically to a Canadian permanent residence, without any probationary period. All immediate family members will also be granted permanent resident visas. Moreover, the investment is guaranteed by a Quebec government entity and will be returned in full after five years.
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