We are thrilled to share some exciting news for those aspiring to settle in the picturesque province of Quebec. Starting August 31, the Quebec Immigrant Investor Program (QIIP) will reopen its doors to welcome applications from eligible investors globally.
The QIIP is a unique immigration pathway designed to attract and retain foreign investors who can contribute to Quebec’s economic prosperity. This program allows you to secure Canadian permanent residency through a passive investment, without the requirement of establishing or actively managing a business.
To become a part of this prestigious program, candidates need to meet specific eligibility criteria. The most crucial being, possession of net assets worth at least CAD$1,600,000, either individually or combined with their spouse or common-law partner. This criterion ensures that the applicants have sufficient financial resources to make the required investment and support themselves and their families in Quebec.
The investment, made through an approved financial intermediary, doesn’t just offer a pathway to Canadian residency but also plays a pivotal role in Quebec’s economic development. The funds contributed by the investors under the QIIP are utilized for various government programs and initiatives aimed at fostering economic growth and creating jobs.