The Quebec government created the Quebec Immigrant Investor Program to bring businesspeople to the province so that it can grow economically. People who want to apply for the program don’t have to actively run a business in Quebec. Besides, let’s explore some key advantages of this program.
Advantages of the Quebec Immigrant Investor Program
The Quebec Immigrant Investor Program gives people who want to live in Canada a safe way to do business. Additionally, guaranteed profits and including the family make it a good investment for the long term. Here are some key advantages of the Quebec Immigrant Investor Program:
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Investment without Risk
The Quebec government fully backs an investment of CAD $1,200,000, making sure that everything is safe. The whole amount is returned after five years, which gives candidates peace of mind.
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Passive Investment
The owner doesn’t have to do any direct management work for this program. After making the investment, candidates can focus on settling down in Canada without having to worry about business.
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Family Names on the Application
Your application process automatically includes your spouses and children who depend on you. They receive the same legal status and have equal opportunities to access education, health care, and employment.
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Advantages of Being a Permanent Resident
Applicants and their families have the full right to live in Canada permanently. This includes free public schooling, health care for everyone, access to colleges known around the world, and other social perks.
QIIP Eligibility Requirements
It is very clear what applications need to do to be eligible for the best Quebec Immigrant Investor Program (QIIP). Additionally, to be able to live permanently in Quebec, applicants must meet certain income, career, and residency requirements. For better understanding, you may take help from reliable agencies like MDS Consulting. Besides, the eligibility requirements for QIIP are as follows:
- Applicants must show that they have a personal net worth of at least $2 million, which they must have properly earned. You can also report this wealth together with your spouse or common-law partner.
- To be eligible, you must have at least a high school diploma. This makes sure that applicants meet the minimum level of education needed by the Quebec Investor Immigration Program.
- Those who want to apply must show that they can understand and speak French at the B2 level. This makes it easier to fit in with the French-speaking society and workplace in Quebec.
- Approved individuals must reside in Quebec for a minimum of six months within two years of receiving a work permit. Besides, you can meet this condition by yourself or with a partner.
- There must be a $1 million investment with Québec. This payment will be held for five years with no interest being added because the government is guaranteeing it.
- Candidates must also give a gift of $200,000 that can’t be returned. This payment directly helps the economic growth of Quebec and is a necessary part of the program.
The Quebec Immigrant Investor Program allows the Quebec Government to handle the client’s application. After the application receives approval, you can proceed with the investment. Besides, if you want to get a better understanding, you can take professional help from MDS Consulting. The right experts will guide you with the process to ensure smooth enrolling.
