Quebec operates the only Immigrant Investor Program in Canada since the closure of the Federal program in 2014. The program targets foreign business people who want to invest in Quebec. Approved applicants receive permanent residence in Canada.
Under Quebec Immigrant Investor Program, you are required to invest $1.2 million into a government-guaranteed investment opportunity. The investment is held for 5 years and is returned with zero interest.
Investment under Quebec Immigration Investor Program doesn’t require your active participation in management, making it a passive natured program.
This program is for business people and investors who plan to invest in Québec and settle there permanently.Source: Immigration Quebec
To qualify for the Quebec immigrant investor program, you have to:
Processing time: 2 years (CSQ), 49 months (PR)
Business people interested in the program must first select an authorized Financial Intermediary. The program operates under a strict quota; only solid applications are filed. Once the application is filled by the Financial Intermediary, the application is reviewed by the Quebec Government. If approved, the applicant will receive a “Certificat de Selection du Quebec” (CSQ). With the CSQ, applicants can apply for permanent residence at the Federal level.Source: Immigration Quebec
Quebec: 15,962 CAD; Federal: 2,075 CAD
Main applicant: Processing fee (1575 CAD) and right of permanent residence fee (500 CAD)
Spouse or partner: Processing fee (825 CAD) and right of permanent residence fee (500 CAD)
Dependent child: 225 CAD (per child)Source: Immigration Quebec