RESIDE IN : QUEBEC
NET WORTH
Have a minimum net worth of CAN$ 1,600,000 acquired through lawful economic activities.
Note: (An inheritance cannot be included in the calculation)
MANAGERIAL EXPERIENCE
Must have at least three years of managerial experience (planning, supervision and control of human, material and financial resources) acquired through a profitable and lawful business (agricultural, industrial or commercial), a government or an international agency.
INVESTMENT
- Amount: CAN$ 800,000
- Loan option: Yes
- Term: 60 months
- Interest rate: 0%
- Payment: Before CSQ issued
- Funds transferred to: Financial Intermediary
i.e. Brokerage/Trust Company
- Beneficiary: Investissement Québec
- Guarantee: Term Note from IQ - Province of
Quebec
- Reimbursement:
- Possible before CSQ
- Possible after CSQ if refused by Federal
- Irrevocable after CSQ if withdrawal.
PROCESSING
By the Quebec Immigration Office (SIQ), serving the territory of the applicant’s country of residence: Hong Kong, Damascus, Paris, Maghreb, Mexico, Buenos Aires, Vienna, Brussels, New York. After SIQ approval, send file to Canadian Visa Office (CVO) in the country of residence of the applicant.
INTERVIEW
Different options are possible:
- Montreal
- SIQ office (serving the territory of the
applicant’s country of residence)
- Country of the applicant (not available for all
countries)
If 2nd interview is requested by Federal Government: CVO in the country of residence of the applicant
GOVERNMENT FEES
- Principal applicant: CAN$ 3,850
- Each dependent: CAN$ 150 (non refundable)
- After CSQ’s approval (Federal fees)
- Principal applicant: CAN$ 1,050
- Spouse or common law partner: CAN$ 550
- Each dependent: CAN$ 150
- Landing fees*: CAN$ 490
RESIDENCY STATUS
Permanent Residence status: Upon entering Canada; Canadian Citizenship: Shall be granted to a permanent resident if he/she has, within the four years immediately preceding the date of his or her application, been physically present for at least three years in Canada.
The Government of Quebec may have established a quota that restricts the number of applicants that may participate annually in the Quebec Investor Program with the result that participation in the Program may be closed where the quota has been reached.
To determine the status of the Program at any time, please contact Pace Law Firm immigration at the address shown below:
Andy J. Semotiuk
Pace Law Firm (Immigration)
295 The West Mall, 3rd Floor
Toronto, Ontario
M9C 4Z4
Tel: 001.416.342-5537
Toll Free: 1.888.383-5167
Fax: 001.416.236.1809
Email: Asemotiuk@pacelawfirm.com