Top 3 Benefits of Quebec Immigrant Investor Program
Quebec Immigration Program is designed by the Quebec government in order to attract business people and investors to the province for its economic development. As a result, the first and the major advantage is moving to the place that is inevitable to prosper.
There is a number of benefits to choose (Canada) Quebec Immigration program:
1. Quebec Immigration Program enables business people and their families to move to the country straight as permanent residents on unconditional basis. The permanent residence grants the candidate to:
- Apply for Canadian citizenship
- Live, work and study anywhere in Canada;
- Have an access to quality education and health care coverage;
- Live in one of the most stable and best countries in the world in terms of quality of life, government transparency and economic growth.
- Reside in a convenient environment for immigrants due to cultural, ethical and religious tolerance guaranteed by Canadian law.
- Obtain one of the most valued passports for international travel: 142 countries (170 including related territories) are granted visa-free or visa-on-arrival for Canadian passport holders.
2. Quebec Immigration has passive nature indicating that individuals who are qualified under the particular program are not required to set up or actively run a business in the province. In fact, business people have to invest $800,000 CAD into a prescribed investment, which is government guaranteed.
3. The applicants makes a risk-free investment of $800,000 CAD with Investissement Québec and pays the down payment of about $200,000 CAD.
After 5 years period the candidates, who made their investments, are allowed to return their capital not bearing any interest, excluding the down payment amount.
According to the recent update, the Quebec government is going to accept the applications for a certain period of time: from May 30th 2016 till February 28th 2017. In addition, the maximum number of applications cannot exceed 1900, including 1330 from China, Hong Kong and Macao and the rest of 570 applications that can be submitted from other countries.
Primary requirements to be qualified under Quebec Immigrant Investor Program:
• Have a net worth of 1.6 million CAD, proved to be legally gained;
• Demonstrate at least 2 years of business experience acquired by the applicant for the last five years;
• Make an investment of a minimum 800,000 CAD;
• The candidates and their family must pass medical examination.
For more information about investment options to immigrate to Canada by a particular program contact our office.
