The Quebec immigration investor program allows immigrants to attain permanent residency in Canada in the Quebec province.
The Quebec immigration investor program is not totally under the Express Entry System. You can sign in through the Express Entry system, and you may choose to apply directly.
The Quebec immigration investor program does not permit immigrants to manage or establish a business in the province.
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However, the program has an investment program required of all immigrants. This is one of the requirements of getting to Canada through the Quebec program.
In this article, you will know all you are expected to know to get to Canada through Quebec and all that you will be required.
Quebec Immigration Investment Program
The Quebec immigration investor program is a unique immigration program that allows immigrants into the french speaking Quebec province.
The Quebec immigration investor program has some requirements expected to be met by applicants.
And once an applicant can meet up with this, he gets certified and qualified to migrate to Canada through the quebec immigration investor program.
What are the requirements you are expected to meet before being an applicant?
Quebec Application Process
Firstly, before applying for Quebec immigration investor program you need to have at least a personal net worth of $2 million.
Third, you will be required to invest $1.2 million in the government-guaranteed investment program.
Fourth, you must be ready to stay permanently in Canada in the Quebec province. And lastly, you must pass the medical and criminality test.
All of these are what you must be prepared for, which can make you qualified with the application. To better understand each requirement, let us go through it one after the other.
You are expected to be business orientated
Before you apply for the Quebec program, ensure that you are versatile when it comes to business.
They do not only need your experienced but also that you have a record(s) of the business project(s) you have successfully handled.
Quebec program will investigate your level of business ideas before they can pronounce you qualified.
Mind you, every immigration to Canada aims to develop the country’s economy. Therefore, you are expected to be an asset, not a liability, as an immigrant.
The net worth of a personal $2 million
To get into Canada through this program, you are expected to possess a minimum of $2 million in your account.
A thorough and appropriate investigation will be done on your net worth if you meet up to check for the legality of your net worth.
You would be expected to prove your $2 million net worth by established bank statements, Estate evaluation, investor booklets, and financial information audit with other significantly updated documentation to verify your net worth is legal.
However, you don’t need to prove evidence of a bank statement above $2 million.
Once you can meet up with this net worth and it is legal, you can be sure you are close to being qualified for the program. You can start packing your loads, but before you do;
Investment of $1.2 million
One crucial thing you should know about Quebec is that, as the name implies, an investment program.
You will be asked to invest 1.2 million dollars into the government guaranteed investment.
The Quebec investor program is a governmental Investment. This is an investment and means of generating funds for developmental programs within the province of Quebec.
It is an investment program; however, it would be returned to you after five years with no interest.
The five years start to count immediately; the certificate of the program is issued to you even if you are yet to land in Canada.
Permanent residence in Canada
Therefore, several programs can secure you in Canada with different aims, objectives, and duration.
You are expected to know that the Quebec program is for permanent residency in Canada.
So, you should know it is for a permanent stay in Canada, going through this means.
You must pass the Medical and Criminality test
It is essential to know that you must pass through a series of health condition checks with some documents to ascertain your state of health before being considered qualified.
Likewise, we have talked about the criminality test, one of which is the legality of net worth.
You will be required to pass these tests before being said to have been qualified for the program.
It will take you some months to get a response from Quebec in the form of an invitation, and once the certificate is issued, you will be required for the 1.2 million dollars investment.
For more information on Quebec immigration investor program check here
Conclusion
The Quebec Immigration program is a fast and easy means to secure your permanent residence in Canada.
You need to take note of the above application demands to know what you are expected to be qualified for the program.
We mostly recommend that you contact an immigration lawyer or any qualified agent before starting the process to gauge your chances and also help you handle the whole application process to prevent denials.
We believe this piece is informative and will be useful to you; if you think so too, please share it across your social media. Good luck with your migration!
For more information on how to get a Canadian Student Visa if you can’t afford quebec Immigration Investor Program visa, you can check here