International business people interested in investing and settling in the province of Quebec will be delighted to know that the Quebec Immigrant Investor Program (QIIP) is set to reopen this year on the 29th of May. Foreign investors who meet the requirements of the Quebec Immigrant Investor Program will be granted permanent resident status for themselves and their family. This allows foreign investors to live, work, and do business anywhere in the country and allows your children to study in Canada as residents. The reopening of the program will allow 1,900 applications between May 29, 2017 to February 23, 2018. Foreign investors who are interested in the Quebec Immigrant Investor Program should get started on preparing your application right away so that it is ready to submit when the program reopens.

Foreign investors interested in applying must meet the following minimum requirements:

• Have a legally obtained minimum net worth of $1.6 million CAD;
• Be prepared to invest $800,000 CAD in Quebec through an authorized financial intermediary;
• Have at least two (2) years of legitimate, full-time business management experience in the five (5) years preceding your application; and
• Intend to settle in the province of Quebec.

In addition to these minimum requirements, Quebec investor applicants will also be assessed on several other factors including age, education, work experience, language, and adaptability. Our immigration consultants can aid you in determining whether you meet all of the requirements of the Quebec Immigrant Investor Program. We will assist you in properly preparing your complete application and guide you in collecting all the necessary documentation. Due to the limited number of applications being accepted this year, it is very likely that the program will reach capacity soon after opening. Thus, it is crucial that you begin preparing your application as soon as possible. Errors on your application could cause you to miss the window. With our help, you can prevent this from happening. Give us a call today to discuss your eligibility and find out how we can help you.

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