The Quebec Immigrant Investor Program (QIIP) is a Canadian immigration program that provides individuals with the opportunity to live and work in Quebec as an immigrant. In exchange for financial investment and other support, the QIIP grants successful applicants with permanent residency.
There are two ways to qualify for this program: by owning a business or by investing. Keep reading to learn more about the QIIP, its requirements, and how you can apply.
What Is The Quebec Immigrant Investor Program?
The qiipquebec is a Canadian immigration program that provides individuals with the opportunity to live and work in Quebec as an immigrant. In exchange for financial investment and other support, the QIIP grants successful applicants with permanent residency. There are two ways to qualify for this program: by owning a business or by investing.
Requirements To Be Eligible For The QIIP
To be eligible for the QIIP, applicants must:
- Be a foreign national;
- Have sufficient funds to live on in Quebec and provide themselves with a means of support;
- Be able to provide evidence that they can fulfill the obligation of investment or business ownership.
In addition, it is necessary to have an intermediate knowledge of French or English or hold a valid work permit. The QIIP is not available at this time to applicants who are residing in Quebec.
Applicants are only eligible if they plan on living in Quebec as their primary residence and will be the principal applicant on their application.
How To Apply For The QIIP?
The Quebec Immigrant Investor Program requires applicants to submit a business plan or investment proposal as part of the application process. That is, you must either own a business or invest in one to qualify for this program. To apply, you must complete the online application form and provide a CAD 1,200,000 investment.
If the QIIP approves your application, your funds will be matched by Quebec’s government, which will then give you permanent residency. You may also apply for this program if you are an international student at McGill University or Concordia University who has studied in Quebec.
However, this path is only open to individuals who graduated from a university in Quebec with a Masters’s degree or Ph.D. within the last two years and can demonstrate that they have an annual income of at least CAD 80,000 per year.
Final Words: Is The Quebec Investor Program Right For You?
If you qualify for this program, it could be the perfect opportunity to make your dream of living and working in Canada come true. It’s worth exploring whether or not this program is right for you. The Quebec Immigrant Investor Program is an excellent option if you are looking to immigrate to Canada.
With this program, you have the opportunity to invest in a growing province with booming industries and high employment rates. You can also choose to invest your money in designated enterprises like real estate, forestry, or mining where there is a huge demand for investment capital.