Starting from this week, the Quebec Immigrant Investor Program accepts new applications. The program gives wealthy businessmen the chance to obtain Canadian permanent residence by investing CAD $800.000 in the country. Although it’s not accessible to everyone, the program has proven to be one of the most popular immigration programs in the world, and authorities anticipate that by January 29, 2016, roughly 1.750 forms will be filled.
In order to be considered eligible, a candidate must have a minimum of CAD $1.6 million in net worth, must have experience in management, and the company must have at least two full-time employees. Moreover, the investor will have to relocate to Quebec and sign an investment agreement with an approved financial intermediary. For any country, there is a limit of 1.200 applications which will be accepted for processing. Candidates with advanced intermediate French language skills will be given priority.
When an investor qualifies for the program not only will he obtain permanent residence, but so will their immediate family members.
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