Canada's Immigration Program for Passive Investors

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The Quebec Immigrant Investor Program (QIIP) offers a streamlined route to Canadian permanent residence for French-speaking investors seeking a passive immigration solution.  

 High-net-worth French-speaking investors

The Quebec Immigrant Investor Program (QIIP)  reopened on January 1, 2024, with new requirements:

• Management Experience: At least 2 years of eligible management experience within the 5 years prior to applying.
• Net Worth: A legally acquired personal or family net worth of $2 million CAD.
• Education:  A minimum of a high school diploma.
• Language Proficiency: French oral proficiency of level 7 or higher.
• Investment:

1.  A $200,000 CAD contribution to the Quebec government.
2. A $1,000,000 CAD investment in a Quebec government bond, which is interest-free and repaid after 5 years.

• Residency Requirement: Within 2 years of the work permit issuance, applicants must fulfill a 12-month residency requirement in Quebec. The main applicant must reside for at least 6 months; the spouse can fulfill the other 6 months.

The processing time for the Quebec Immigrant Investor Program (QIIP) is lengthy, potentially spanning several years for the entire process, which includes both provincial and federal stages. The provincial stage can take 9-12 months for a Quebec Selection Certificate (CSQ), followed by a much longer federal processing period of approximately 3-4 years, for a combined total of potentially 4-6 years from submission to permanent residency approval.