Francophone applicants will be exempt from demands imposed ceiling The province also reopens programs Entrepreneurs and Self-Employed
The Immigrant Investor Program of Quebec, one of the
programs most popular Investors in the world, will reopen next month. This
immigration option allows investors in Canada as well as selected members of
their families to obtain permanent residence in Canada by investing CAD $
800,000 safely through a financial intermediary authorized to participate.
The maximum number of requests that can be received for
treatment for this next cycle is set at 1,900, 1,330 of which dedicated
nationals of the People's Republic of China, including the administrative
regions of Hong Kong and Macao. If you have a level of French "advanced
intermediate" are not subject to that ceiling. In addition, their
applications will be given priority.
The period for receipt of applications will begin May 30,
2016 and runs until 28 February 2017 , although many expect that the ceiling is
filled before .
The criteria of the Quebec Investor Program
The minimum net worth
Applicants must have alone or combined with their spouse
(if) / partner (s) of fact, a net worth of a minimum net worth of CAN $ 1.6
million. Assets such as real estate, bank accounts, pension funds, shares and
investments can be included.
Management experience
Applicants must have a minimum of two years of management
experience over the last five years in a company that has at least two
full-time employees. The company does not have to be profitable. It may be a
private company as an international body or government.
Investment
Applicants must intend to settle in the province of Quebec
and must sign an investment agreement of $ 800,000 CAN with a financial
intermediary authority. Eligible applicants must sign an investment agreement
with a financial intermediary - a broker or a trust company - allowed to
participate. The investment may also be financed by the financial intermediary.
The advantages of Quebec
The Quebec Investor Program has a number of obvious
advantages over other programs investors worldwide.
No probation
First, a request that led successfully allows obtaining a
visa for Canadian permanent residence. There is no probation or conditional
period as there is one for the EB-5 visa to the United States, for example. For
the EB-5 program, successful candidates receive a green card two years is
conditional on the demonstration of creating at least 10 jobs over that period.
The investment return
Second, the investment through the Quebec program is safe.
The investment of CDN $ 800,000 is guaranteed by the Government of Quebec and
made in full after five years. In addition, the investment required is much
less expensive than other immigration programs investors including venture
capital pilot program for Canadian immigrant investor who requires candidates
to have a net worth of at least 10 CAD $ millions.
A family affair
Third, all immediate members of the candidate's family
(spouse and children) can be included in the application. This is not
necessarily the case for other immigration investor program . Successful
applicants and their families can enjoy the benefits of permanent resident
status , including health care, public and free education, and access to
universities and world-class institutions.
The categories Entrepreneurs and Self-employed also are
reopening
In addition to the investor program, the Quebec government
has also announced that its two other immigration programs for businesspeople
reopen immediately.
The Quebec Entrepreneurs Program will accept up to 50
requests during the current application cycle, which began on 1 April 2016. As
for the investor program, applicants who have at least an "intermediate
advanced" in French only will not be subject to the ceiling and their
applications will be processed data first. To qualify as an entrepreneur, a
person must demonstrate have a minimum net worth of $ 300,000 CDN, have management
experience in a company they own or control, and be willing and able to create
or acquire a business in Quebec will create at least minimal employment in
Quebec.
The Quebec self-employed Program also reopened on
April 1 for 50 requests. To be eligible to self-employment program, it must be
considered a self-employed person, demonstrate a minimum net worth of at least
CDN $ 100,000 and must have work experience in the profession or trade that he
intends practice in Québec. There is no provision to exempt ceiling for francophone
under this program.
A unique opportunity
"The Quebec Immigrant Investor Program has already
proved its appeal over the years, partly because it is a passive option in the
sense that there is no conditional requirement after arrival Canada. That said,
the Quebec option is not as easy as other competing programs internationally,
"says Attorney David Cohen.
"Moreover, the selected candidates have the prospect of
living in a diverse society, in a multicultural province which also provides
multiple opportunities for education and jobs for families. I had the chance to
spend most of my life in Montreal, a city full of innovation and business
opportunities. "
"Since the program very soon to open will give prove
his popularity and I would encourage interested investors to submit an
application and collect supporting documents quickly to maximize their chances
of success."
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