The Province of Quebec offers a variety of advantages: great quality of life, quality universal education and health care systems, a vibrant and diversified economy, a mix of cultures where newcomers can feel at home. It also offers an efficient and accessible immigration program for investors that is not affected by the moratorium on the Federal Immigrant Investor Program.
On April 1st 2017, new rules were adopted regarding applications for a Quebec Selection Certificate under the Investor Program. They limit the number of applications to 1900 including 1330 for Chinese applicants. However, applicants who demonstrate, by means of a test recognized by the Quebec immigration authorities, that they have an advanced intermediate knowledge of French, are not subject to this maximum limit of applications.
The intake dates for applications submitted under the Investor Program are assumed to be from May 29th 2017 until maximum quota is met, or February 23rd, 2018 at the latest. Applicants who can demonstrate an advanced intermediate knowledge of French can assume to submit their file anytime until March 31st 2018.
In order to qualify you must:
1. Have a minimum net worth of $1,600,000 obtained legally, alone or with your accompanying spouse;
2. Have at least two (2) years of management experience* in the last 5 years;
Management Experience may have been acquired in a legal farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies.
The Investor must have at least two years of experience within the last five years in duties related to the planning, management and control of financial resources and of human or material resources. The experience does not include experience acquired in the context of an apprenticeship, training or specialization process attested to by a diploma.
3. Intend to settle in Quebec and sign an agreement to invest $800,000 with a broker or trust company authorized to participate in the Investor Program.
Once selected by the Province of Quebec, you may apply to the federal immigration authorities for a permanent resident visa, which will be issued if you pass a medical exam and criminal background check.
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When it comes to quality of life, best countries where to raise a child, best country where to live and work, safest country, best financial system, Canada stands in the top five year after year. No wonder Canada regularly has 3 cities in the top 10 best cities to live worldwide.
In 1986, Canada was one of the first countries to launch what has become today a global trend: permanent residency by investment. The province of Quebec was able to launch its own Immigrant Investor Program (QIIP) the same year, under an agreement with the federal government which grants the province jurisdiction to select immigrants, while the federal government retains jurisdiction to grant permanent residence in Canada. Although the federal program closed in 2014, the province of Quebec still continues with its QIIP.
The Quebec Immigrant Investor Program (QIIP):
The Quebec Immigrant Investor Program is a two-step process: Applicants apply for a Certificate of Selection from the Province of Quebec, and then proceed to Federal government for medical and police clearance before getting the Canada permanent residence. They have to meet the following requirement:
have a net worth of at least 2,000,000 CAD, obtained legally;
have at least two years of management experience acquired in the 5 years preceding their application;
intend to settle in Quebec and sign an agreement to make a passive investment of 1.2M CAD with a financial intermediary authorized by the Quebec Government.
Once selected by Quebec, applicants are asked to transfer the investment funds, following which they are issued a Selection Certificate. The investment is guaranteed by the Quebec government, and full amount will be reimbursed, interest free, at the end of 5 years. Financing options are available to investors and obviously, this has an impact on the amount of funds to be reimbursed: “The possibility to make the investment after being selected, the Government guarantee on the investment, and the possibility to finance this investment at a fraction of the 1.2Mil are three (3) huge advantages over similar programs, such as the US EB5”, says Julien Tétrault, President of JTH Lawyers Inc, CITINAVI global partner
Then begins the second step of the process: applying to the Canadian federal immigration authorities for permanent residence in Canada. Permanent residence will be granted if the applicants meet the health and safety requirements of Canada. In recent years, the government of Canada has been under pressure to review the conditions related to medical inadmissibility. This resulted in a reform announced last May 2018 that will make it easier for people to be admissible under Canada’s health regulations, including people whose medical condition is managed primarily with prescription drugs.
The Canadian government has also made some changes to the definition of dependent children, thereby including children who are less than 22 years old and are neither married nor in a common law relationship. They do not have to be students. Children over 22 are admissible only if they have depended primarily on their parents’ financial support since before the age of 22 because of a physical or mental condition.
Since 1986, tens of thousands of families from all over the world have chosen the Quebec Immigrant Investor Program to become permanent residents of Canada, a pathway towards Canadian citizenship. Quebec is an Algonquin word meaning “where the river narrows”. The province has several national parks and a multitude of outdoor activities all year round. But it is also a bustling province offering a safe environment, a great education system, public medical insurance, striving diversified economy as well as a rich and diverse cultural life with clothes, music, literature, theatre, food – Quebecers’ favourite! – from across the globe.
Interested investors can participate in a free 3hr session with Investissement Quebec to learn more about Quebec, its education system (free until college, then heavily subsidized), universal health care system, economy, real estate, tax, etc.
For the 5th year, Quebec has maintained a quota system limiting the intake of new applications to 1,900 per year, including a maximum of 65% for Chinese applicants. “The quota system was imposed to curb the high demand for this program, but it also has increased the quality of files that are now being submitted. I am honoured that thanks to our 15+ years experience in QIIP, several Canadian financial institutions have asked us to select the best possible files to fill their quotas”, says Julien Tétrault.
The QIIP is the only passive investment program in Canada. Other provinces have immigration programs aimed at attracting business men and women but they require active participation in the daily management of a business located in the province, whether it be an existing business acquired in whole or in part, or a new business created.
The Manitoba Provincial Nominee Program (MPNP):
For instance, the Manitoba Business Investor Stream wishes to attract qualified international business investors and entrepreneurs. Candidates submit an initial Expression of Interest explaining their background, their abilities and their plans. There are two options: (1) the Entrepreneur Pathway for people who wish to open a business or invest in an existing business in Manitoba; (2) the Farm Investor Pathway for people interested in operating a farm in rural Manitoba.
In both cases, the investors will sign a Business Performance Agreement stating the conditions they have to meet within the first two years of their arrival in Canada. They will receive a temporary work permit, and once the conditions of the Business Performance Agreement have been met – within 6 to 18 month –, they will be nominated for permanent residence in Canada.
Carol Hilling & Julien Tétrault,CITINAVI global partner
If you assume being eligible to the Quebec Immigrant Investor Program,
contact us :
谈到加拿大移民，除了温哥华等地，也千万不要忘记魁北克（Québec）。尤其对于通晓法语、有法国生活背景的人们，法语区魁北克才是移民的不二选择。ONSAEMI海外投资移民公司的合作伙伴Madeville & Associates，从1996年起从事魁北克移民工作，总部位于香港，在北京、上海、新加坡都有机构，对关于魁北克移民的一切再了解不过。其团队里包括专业的移民咨询顾问、律师、多语言服务人员，如果您有移民方面的疑问不妨直接垂询：
9/F Winsome House 71-73 Wyndham Street Central District, Hong Kong
15/F Yintai Office Tower C Beijing Yintai Centre No 2 Jianguomenwai Ave Beijing, P.R. China, 100022
34th Floor, 77 Robinson 77 Robinson Road Tanjong Pagar Singapore, 068896
魁北克的省会魁北克城（Ville de Québec），则曾是法兰西文明的发源地，现在是忙碌的港口、重要的文化交流中心。在这里，有卓越的艺术作品、可口的美味佳肴、宜人的公园美景、精彩的户外运动，以及当地人引以为傲的高品质生活。圣劳伦斯湖畔的迷人景色、无比珍贵的建筑遗迹、丰富多彩的历史文化，魁北克人热情快乐的生活......城中的一切都令人愉悦，而这愉悦已经持续了400年。
CANADA INVESTOR VISA ALERT ! Quebec investor visa intake to reopen on 29 May 2017. LIMITED QUOTA of 570 files only.
CANADA - QUEBEC IMMIGRANT INVESTOR PROGRAM to reopen on May 29, 2017
Breaking News : Canada to change dependent children definition and allow single children up to 21 to be included in your immigration application. Two years ago, Canada had reduced the maximum age of dependent children to 19. This is a great news for the Investors who have child over 18. This change will take effect on all applications submitted after 27 October 2017. Please hurry and take this opportunity to submit your application now under the Quebec program.
Quebec Immigrant Investor Program new intake is still open. However, finding available slot in the sold out quota is a major challenge. It may still be possible to participate and submit your application within this intake period with help from GLMC. Contact us to know more details of the program and how you may be able to reserve your slot now.
NOTE : CITINAVI The Consultants PARIS contact network with the Quebec authorized financial intermediaries since year 2010, can help you secure a slot in the current quota.However, this may only be possible if our team feels that your overall financial and experience profile strictly meets the stringent selection criteria for Quebec investor program. We will offer free initial assessment and opinion on your case by our highly experienced associate Quebec lawyer before we commit to assist you further. Talk to us to find out if we can help you submit your application within the ongoing intake period to be ended by February 23rd, 2018.
QIIP REOPENING ANNOUNCED
The Quebec government published a Ministerial Order a few days ago to announce the reopening of the QIIP. Here are the general guidelines:
The intake period for the QIIP will be from May, 29, 2017 and will remain open for intake of new applications till February 23, 2018. However quota usually fills within the first month of opening and a client must reserve a slot with one of his/her chosen consultants in their respective country. Our Quebec partner is one such consultant.
The maximum number of applications received under the investor category will be total 1900 with a maximum of 1330 applications coming from China, Hong Kong and Macao. File quota is only 570 from rest of the world.
Applications have to be submitted in Montreal and the MIDI intends to keep the requirement for a complete file.
File Quota will be allocated again to the the various financial intermediaries listed with the Quebec immigration authorities and cascade down to consultants around the globe. So each authorized consultant such as our partner will get just about 3-5 files only. We work as marketing and support partners with the listed financial intermediaries since 2010 to facilitate your investment placement. Note the financial intermediaries do not directly deal with clients and a client must make a choice of an immigration consultant/lawyer to prepare the file.
The program is set to reopen with the investment of Can $ 800,000. Government Application fee under the investor category will remain Can$15,000. The checklist should remain the same so we encourage our clients to start preparing the files as soon as possible in order to submit the maximum number of files once the program reopens. Please see the program eligibility requirements at the bottom of this page.
Must have $ 1.6 million in total assets ( cash+business share + property values )
Demonstrate legal accumulation of these assets by means of supporting documents and a detailed narrative explaining how the applicant has earned money since age 18 onward.
Demonstrate business or senior management experience by business trade licenses, five year balance sheet, bank statements, business references
English language is not mandatory but adds additional points towards the overall score of your application and is recommended to take an IELTS test. However, in most cases it is not mandatory.
Applicants up to 60 years of age can also apply
Children up to 19 years of age can be included if they are still students
There is NO CONDITION to submit a business plan or to establish a business in Canada.
There is NO NEED to visit Canada for research or development of any business plan. Even if you have not been to Canada, you can still qualify for the investor visa.
You are allowed to use a translator at your interview and also our lawyer is allowed to attend the interview along with you.
Investment option 1 - Deposit $ 800,000/- with the Government for Five years at 0% interest. This option will result in potential loss of annual interest and blocking of the full cash amount for five years.
Investment option 2 – Deposit $ 220,000/- one time non refundable. You get the same visa with all benefits of permanent residency.
Additional Fees : CDN$ 15,000 to Ministry of Finance of Quebec - One time non refundable application fee.
Note : There are additional fees to be paid to the Canadian Embassy after approval from Quebec Government. These are approximately CDN $ 3,000 including husband, wife and two children under 19.
All fees and terms shall be agreed upon in a service agreement to be signed between client and CITINAVI.
THE CITINAVI ADVANTAGE
We ARE NOT a big immigration consulting office in Paris. But one of the oldest and better equipped to handle investor residency. Our network of Quebec based lawyers, ICCRC member consultants and many professionals coupled with our boutique nature of office environment allows us to have time & ability to provide individual & priority services to each one of our few carefully selected clients.
CITINAVI, while working hand in hand with a team of Quebec lawyers and ICCRC member consultants, has maintained an impressive track record of success in Canada's Immigrant Investor Visa categories, both Quebec and Federal programs.
This is an impressive record and we owe it mainly to our "smallness".
We work with our client at his convenience. We need you to visit Paris upon prior appointment (or we can visit your home country) only once so you can see where we are and to sign up our retainer agreement. No repeated visits or appointments needed to us. Once we have your file open at our documentation, we will send someone to collect documents and meet you in your home country to consult and explain and examine your documents.
We have a small quota of 4-5 files given to us by our partner Quebec Financial Intermediaries. We are happy to work with a small number of investor clients to maintain quality of our work and maintain our 100% success rate which we are very proud of.
Our small team is well educated in financial documentation, especially concerning Europe, Asia, UAE based clients. It is a fact that we even get paid for consultancy by some of the top Canadian lawyers when it comes to complicated UAE based applications.
Our team of Quebec based lawyers, consultants and PARIS support team will work round the clock to offer step-by-step coordination, mediation, interpretation, file preparation assistance and full legal representation of both stages of your application, Quebec and Federal processing. For our services, our group fixed charges fee is required to reserve a slot in current quota subject to the completeness of your file within an agreed deadline in order to submit your application before the Quebec immigration authority's deadline. Complete details and terms shall be provided in an official agreement to serious prospective clients.
Advantages of a Canadian residence visa as an Investor :
University education for your child will cost significantly lower as the Quebec and Canadian Government subsidizes the education for 'Domestic students' vs 'International Students' per year being a Canadian immigrant. This one main benefit alone is enough to recover your entire investment in the Quebec's immigrant investor program while you enjoy all other benefits of a Canadian Permanent Residency and eventual Canadian Passport.
Schooling up to 12th is free.
You do not require high level of English to qualify as an investor.
Very basic Secondary Education is required. You can show business experience as your ability to earn money.
No need to submit a business plan or commit to start a business in Canada
Can stay out of Canada for 3 years from 5 years and still maintain residency
Apply citizenship after 3 years of continuous stay in Canada
If child is a student in Canada prior to becoming a permanent resident, he/she gets half the time credited towards citizenship after his/her status in converted to PR as investor's dependent.
State of Art Medical Health Insurance plan by the Government
Canadian passport is highly respected in the world and enjoys visa free entry.
There are many more benefits. We welcome you to our appointment in Paris for a detailed calculation and discussion to understand how the Quebec Investor Program actually helps you save significant amount of money and offers privileges in the longer run.
Passport to Global mobility !
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