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Quebec Immigrant Investor Program (QIIP)

Quebec Immigrant Investor Program Financing Option

7 April 2016

Quebec Immigrant Investor Program Financing Option
The Quebec Immigrant Investor Program (QIIP) is designed by the Quebec government to attract investors and their capital to Quebec, Canada. By investing in Quebec, the applicant and their immediate family are granted permanent residency in the province of Quebec as well as all over Canada, and thus investors are free to reside in any desired province of Canada.

Individuals that are interested in obtaining permanent resident status in Canada are granted various investment options under the QIIP, one of which being a much preferred and valuable option of investing through financing.

The QIIP allows applicants to finance the investment through selected securities brokerage firms and banks. In general, the financing schemes require a down payment. The selected securities brokerage firms and banks loan the applicant the balance.

The applicant deposits the sum of CAD 800,000 with Investissement Québec (IQ). The down payment is not refunded at the end of the five-year period. The selected securities brokerage firms and banks take fees and interest from the down payment. The cost to the investor is the down payment.

How can the Quebec Immigrant Investor Program (QIIP) benefit me?

There are numerous ways the QIIP can be beneficial to prospective investors, a few of which are mentioned below:
  • Permanent residency is granted to the investor and his/her immediate family (a dependent child must be under 19 years old), allowing the family to share the same status.
  • As a permanent resident the candidate has the right to:
1. Get most social benefits that Canadian citizens receive, including health care coverage,
2. Live, work or study anywhere in Canada,
3. Apply for Canadian citizenship (if requirements are met),
4. Protection under Canadian law and the Canadian Charter of Rights and Freedoms.  

For more information on the Quebec Immigrant Investor Program (QIIP), please click here

Feel free to fill out our Free Assessment, and find out if you qualify under any of the business immigration programs offered.

 

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