Canada, 7th April: Quebec has announced accepting applications for Quebec New 2016 Immigrant Investor Program beginning 30th May, 2016 and ending 28th February, 2017.
This is welcome news for many aspiring immigrant investors wanting to come to Quebec in the near future.
Quebec announces new Immigrant Investor Program 2016—Are you looking to get Canada permanent residency by immigrating as an immigrant investor to Quebec? Then, now its the right time to do so.
Yes, Quebec immigration authorities announced new Immigrant Investor Program 2016 for acceptance of application under this program. As per the details, new applications shall get accepted between 30th May 2016 and 28th February 2017.
<blockquote> Quebec immigration authorities have announced new Immigrant Investor Program 2016 for acceptance of applications between 30th May, 2016 and 28th February, 2017. </blockquote>
Quebec Immigrant Investor Program—Quebec Immigrant Investor Program(QIIP) happens to be the only large scape investment scheme in Canada and the second largest in North America next to US EB5 scheme.
Quebec immigrant investor program will be accepting not more than 1900 applications this year. This includes not more than 1330 applications from Hong Kong, China and Macao and the remaining 570 applications from other nations.
Beginning 1st April, Quebec shall be accepting 50 applications under its Entrepreneur program along with 50 applications from individuals who are self-employed. Applicants who can show their intermediate to advanced level of French language proficiency through any approved standardized language test will not be subject to application quotas and limited period of reception of the QIIP 2016.
Requirements of Quebec Immigrant Investor Program—
- Minimum net worth—Applicants need to have a minimum net worth of at least CAD $1.6 million alone or with their partner or spouse. This net worth may include assets including property, pension funds, stocks, shares and bank accounts.
- Management experience—All applicants need to have not less than two years’ management experience in the period of past five years with any firm having not less than two full-time employees. The company may not be profitable and it might be a government agency, international department or agency.
Investment—applicants need to have the intention to settle in Quebec and must sign an investment agreement to invest CAD $800,000 with any approved financial intermediary