Quebec Immigrant Investor Program - Business Immigration to Quebec

To meet the government criteria for the Immigrant Investor Program, you must, among other things:

• Have a minimum net worth of $800,000 CDN, acquired through lawful economic activities, excluding the amounts received by donation less than six months before the date on which the application was filed;
• Have management experience (duties related to the planning, management and control of financial resources and of human or material resources under your authority), for at least two years in the five years preceding the application for a selection certificate, in a legal business (farming, commercial, industrial or professional), or for an international agency, a government or one of its departments or agencies;
• Agree to invest $400,000 CDN over a five-year period through an Authorized Financial Intermediary duly recognized by the Immigration Authorities in Quebec (MICC) and Investissement Quebec (IQ). This investment is fully guaranteed by the Government of Quebec.;
• Declare the intent to settle in the province of Québec.

Full funding

The investor deposits the full amount (CDN $400,000). No further payment is required.

After five years, CDN $400,000 is returned to the investor with no accrued interest. (The funds are invested in government bonds during the five-year term.)

Financed funding

The investor pays the reduced amount (approximately CDN $120,000).* No further payment is required. However, the CDN$120,000 is not returned to the investor at the end of the five-year period. The funds are used to finance a $400,000 closed five-year term loan from a chartered bank.

This option is particularly attractive for applicants seeking to retain maximum capital for investment in ongoing business operations.

What are all the payments expected of an applicant?

The Quebec application for Selection Certificate will require an applicant to pay application fee of $ 3,850 CAD for the main applicant and $ 150 CAD for each dependent included in the application. The Canadian Federal Authorities will require an application fee of $ 1,050 CAD for the main applicant, $ 550 CAD for each dependent above the age of 22 and $ 150 CAD for each dependent below the age of 22. The full investment amount will be $ 400,000 CAD. With financed option the investment amount will be $ 120,000 – $ 130,000 CAD. An applicant may also incur miscellaneous expenses related to their application such as translation of documents, travelling expenses to attend interviews as requested by the Immigration Authorities, as well as costs related to medical tests and police clearances.