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Quebec Investor Program set to Accept 1900 New Applications from September

July 2018, 19
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The immigration ministry in Quebec has decided to accept 1900 new applications in the Quebec Immigrant Investor Program from September 10, 2018. Additionally, the province formally passed the new immigration programs on July 18th, 2018.

The revised investor program has the feature of increased investment, and additional net worth requirements for the first time in eight years.

Moreover, it requires an investment of $1.2 million, which is more in comparison to $800,000 of the past. The net worth amount was also increased to $2 million, which earlier was $1.6 million.

New Requirements under the Quebec Immigrant Investor Program

• The personal net worth of $2 million acquired legally,
• Two years of appropriate experience in management or business in the five years prior to the application;
• $1.2 million Investment  into a passive government guaranteed investment for five years having no interest;
• Intention to settle in Quebec.

The Quebec Immigrant Investor Program  was created in 1986 and is very popular in the Canadian business and investment programs.

During the period of 2018-19 the program will accept 1900 fresh applications beginning from September 10, 2018 and ending on March 15, 2019.   It will also accept 1330 applications from China and Macau and 570 from other nations. Applicants who have advance intermediate abilities in French language need not worry regarding any quota limitations.

Additionally the Federal Government had terminated its program in 2014. After that the program of Quebec has dominated in the sphere of business immigration.

 Moreover, it opens its door for more business immigrants than the combination of all other provincial nomination programs.  Furthermore, it accounts for $1 billion in direct investments to the province since it was introduced.

Economic Immigration Targets for 2018

Category Minimum Maximum
Economic immigration 28,700 31,300
Skilled worker 24,200 26,300
Business 4000 4300
Other economic* 500 700

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