Quebec Immigrant Investor Program: Application Deadline Coming Soon

Time is running out for prospective candidates for the Quebec Immigrant Investor Program (QIIP) to submit their applications.

The extended deadline set by the Quebec government to received the quota of 1,900 applications is August 31, 2019.

Quebec formally unveiled its new immigrant investor immigration program on July 18, 2018.

The new QIIP, formally unveiled in July 2018, features increased investment and net worth requirements for the first time in nearly 9 years.

The new program requires an investment requirement of $1.2 million, up from $800,000. The qualifying net worth amount has increased to $2 million from $1.6 million.

What Are The Requirements Under The Quebec Immigrant Investor Program?

Legally acquired personal net worth of $2 million;
Two years of suitable management or business experience within the five years preceding the application;
Investment of $1.2 million into a passive government guaranteed investment for a period of five years bearing no interest;
Intend to settle in the province of Quebec.

Created in 1986, the Quebec Investor program is the largest and most popular Canada business and investment immigration program.

The 2018/2019 program began accepting applications on September 10, 2018.

A maximum of 1,235 applications will be accepted from China and Macau and up to 665 from elsewhere. Applicants with advanced intermediate abilities in the French language are not subject to quota limitations.

Since the federal government terminated its version in 2014, the Quebec program has dominated the Canada business immigration landscape.

It admits more business immigrants than all the provincial nomination programs combined, accounting for $1 billion in direct investment to the province since its inception.

Watch Our Video: How the QIIP Works

Colin Singer

Colin Singer is an international acclaimed Canadian immigration lawyer and founder of immigration.ca featured on Wikipedia. Colin Singer is also founding director of the Canadian Citizenship & Immigration Resource Center (CCIRC) Inc. He served as an Associate Editor of ‘Immigration Law Reporter’, the pre-eminent immigration law publication in Canada. He previously served as an executive member of the Canadian Bar Association’s Quebec and National Immigration Law Sections and is currently a member of the Canadian Chapter of the American Immigration Lawyers Association. Colin has twice appeared as an expert witness before Canada’s House of Commons Standing Committee on Citizenship and Immigration. He is frequently recognized as a recommended authority at national conferences sponsored by government and non-government organizations on matters affecting Canada’s immigration and human resource industries. Since 2009, Colin has been a Governor of the Quebec Bar Foundation a non-profit organization committed to the advancement of the profession, and became a lifetime member in 2018.