The Quebec Investor Program is suspended until April 1, 2023
The Quebec Investor Program facilitates the admission of successful investors who are seeking new opportunities in the province of Quebec. Moreover, the program allows investors to obtain Canadian permanent residence by investing CAD $1.2 million through an approved financial intermediary.
Unfortunately, on March 31, 2021, the Government of Quebec extended the suspension of the Investor program until April 1, 2023. Originally, the program was suspended on November 1, 2019, and was scheduled to reopen on April 1, 2021.
“This period of time will allow the Ministère to finalize the revision work underway allowing it to implement an updated program,” a statement said.
Furthermore, the Ministère will continue to process the applications for permanent selection, awaiting review, during this suspension period.
Quebec Investor Program Requirements
In order to qualify for the Quebec Investor Program investor must:
- Have net assets (alone or with an accompanying spouse) of at least $2 million CAD. The investor must obtain this amount legally and cannot include amounts received by donation within 6 months of the date of application.
- Have experience in management for at least two years in the five years preceding the application for selection. Of course, this experience must include duties related to the planning, management and control of financial, human, or material resources.
- Intend to settle in Quebec and sign an agreement to invest $1,200,000 CAD with a financial intermediary (broker or trust company) authorized to participate in the Quebec Investor Program.
- Obtain an attestation of learning about democratic values and the Québec values.
In addition, applications take into account other factors such as age, language proficiency, and training background. The Quebec Investor Program usually has a limit on the number of applications it accepts in a given period. As well, the program only accepts applications during pre-determined application intake periods.
You can check more information about the Quebec Investor Program Requirements on its government’s website.
Read this in Spanish
Fill our Free Canada Immigration Assessment Form in your language!
This article provides information of a general nature only. Considering the fluid nature of the immigration world, it may no longer be current. Of course, the item does not give legal advice. Therefore, do not rely on it as legal advice or immigration advice. Consequently, no one could hold us accountable for the content of these articles. Of course, if you have specific legal questions, you must consult a lawyer. Alternatively, if you are looking for immigration advice, book an appointment.
The characters and places in the articles:
All the characters and locations in the articles are fictional, unless otherwise clearly stated. Therefore, any resemblance in names, dates, and places is coincidental.
For our official addresses, trust this website only. We currently do not have offices outside Canada. Therefore, anyone who claims to be our agent is committing fraud. Also, note that we do not issue any work permits or study permits or similar documents. The government of Canada has the sole authority to issue such material.