This Category allows business people and those who can support a robust Canadian economy to obtain a Permanent Resident Visa.
Québec Investor Program
International business people looking to obtain Canadian permanent residence can do so by applying through the Québec Investor Program, yearly renewed.
If you are interested in applying through this program, please contact us to start preparing your application.
The province allows investors with a minimum net worth of $2 million and management experience in fields like agricultural, commerce, industry, government services or international agency positions. The net worth can be calculated alone or with the accompanying spouse or de facto spouse.
The applicant must also invest $1.2 million through a financial intermediary; the money will be returned in full after a 5-year term. The investment works as a guarantee by the Québec government during the permanent residence application. Brokers or trust companies offer the possibility of financing the investment.
Besides the net worth and the investment, other factors such as age, education, and language skills are assessed with a points-based eligibility system that ranges from 40 to 94 points. Take into consideration that the language requirement can be either English, French or both.
The permanent residence application must be submitted to the federal government upon receipt of the Québec Selection Certificate. Following health and criminal clearance examinations by the Federal Immigration authorities, the unconditional permanent resident visa will be granted. The current processing time for a permanent residence assessment is up to 4 years.
The financial investment does not have to be made until after an applicant is approved in principle for this investor program. It will remain tied up for a full 5-year term. The investment won’t be returned in the case of the application being cancelled by the principal applicant.
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