To qualify for the program, applicants are
assessed on the following criteria:
Québec’s Regulation respecting the Selection of
Foreign Nationals defines an investor as a foreign national at least 18 years
old:
- Have, alone or with
his accompanying spouse, including de facto spouse, net assets of at least
$800,000 CAN obtained
legally, excluding the amounts
received by donation less than six months before the date on which
the application was filed.
- Have experience in management in a legal farming,
commercial or industrial business, or in
a legal professional business where the staff, excluding the investor,
occupies at least the equivalent of two full-time jobs, or for an
international agency or a government or one of its departments or
agencies;
- who comes to settle and to invest in Québec in accordance with the
provisions of the Regulation.
To qualify
as an investor, a candidate must also demonstrate:
–
that he has
signed an investment agreement with a broker or trust company authorized to
work with the immigrant investor program and calling for a commitment to invest
$400,000 for a term of five years.
–
Quebec define management experience as the
exercise, for at least two years in the five years preceding the application
for a selection certificate, of duties related to the planning, management and
control of financial resources and of human or material resources under your
authority; the experience does not include experience acquired in the context
of an apprenticeship, training or specialization process attested to by a
diploma. and
–
that he qualifies
under the selection grid (required elements and passing score).
Main Features of the
Quebec Program
Minimum investment: C$400,000 (Financing options available)
Investment term: five years
Interest on the
investment: 0%
Withdrawals: No withdrawals are permitted during the five-year
period
Guarantee: The investment is guaranteed by a five-year Term. Note
payable to the order of the Investor in the amount of C$400,000 issued by IQ
Immigrants Investisseurs Inc. which is fully and unconditionally guaranteed by
the Government of Quebec.
Financial Intermediary: An
approved and authorized Institution by the Quebec Immigration to participate in
the Immigration program
Financing option: Financing plan allows investors the possibility of
borrowing and therefore, only investing a portion of the minimum investment
required while still satisfying all the program requirements.
If you are planning to apply under Quebec Investor category, please provide us
information for FREE ASSESSMENT.