There are two different ways to make the required investment in order to qualify for the Quebec Immigrant Investor Program. Applicants can either deposit the full investment (Full Investment), or finance the required amount (Financed Investment).
The investor deposits the full amount of CDN $800,000. No further payment is required.
At the end of the five year period, CDN $800,000 is returned to the investor with no accrued interest.
The investor pays a reduced amount*, which is used to finance a CDN $800,000 closed five-year term loan from a chartered bank. No further payment is required. However, the paid amount is not returned to the investor at the end of the five-year period.
This option is particularly attractive for applicants seeking to retain maximum capital for investment in ongoing business operations.
* This amount may change marginally, if the prime lending rates in the national banking system rise or fall in response to changes in the Bank of Canada key interest rate.
Application fees are required to be paid directly to the Quebec government by the applicant. The fees are currently CDN $4,102 for the principal applicant and CDN $160 for each family member qualifying under the same application.
The Canadian Federal Authorities will require an application fee of CDN $1,050 for the main applicant, CDN $550 for each dependent above the age of 22 and CDN $150 for each dependent below the age of 22. Applicants 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.