Quebec Immigrant Investor Program to reopen on 1st August 2013

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As predicted by workpermit.com in June, Quebec's Immigrant Investor Program (QIIP) is to reopen on 1st August 2013.

The QIIP will accept only 1,750 applications before it closes again. Applications will only be accepted between 1st August and 16th August 2013 by post. A maximum of 1,200 applications can come from any one country. In the event that more than 2,000 applications are received, there will be a ballot to decide which applications will be accepted for consideration.

Workpermit.com can help you with your application. If you would like to apply, you should start preparing as soon as possible. There is less than two weeks before the QIIP reopens and you will need documentary proof of your assets, experience and language skills.

Requirements of the QIIP

The main requirements are as follows.
  1. Applicants must invest CAN$800,000 for five years with a financial service provider approved by the Quebec government
  2. Applicants must have assets worth at least CAN$1,600,000. These assets must have been lawfully acquired and held for over six months.
  3. Applicants must have had over two years' management level experience in one of the following fields within the last five years
    • Farming
    • Commercial business
    • Industry
    • Professional business
    • International agency
    • A government, a government department or agency
  4. You must intend to settle in Quebec

Further requirements

When assessing your application, The Quebec immigration authorities will also assess
  • Your French language skills
  • Your age
  • The quality of your management level work experience
You should be aware that in March 2013, Canadian federal immigration minister Jason Kenney warned people who gain Canadian permanent resident status through the QIIP that they are committing immigration fraud if they live anywhere else in Canada other than Quebec.

Workpermit.com is a specialist visa consultancy with nearly twenty-five years of experience dealing with visa applications. We are OISC registered. We can help with a wide range of visa applications to the UK or your country of choice. Please feel free to contact us for further details.