Quebec announced new rules into effect regarding the intake and processing of applications for permanent selection. For 2018, Québec expects to admit between 49,000 and 53,000 immigrants, as anticipated in Québec’s Immigration Plan for the year 2018.
Application intake period
Quebec IIP application intake is scheduled to run from September 10, 2018 to March 5, 2019
Changes to Quebec investor program
The Quebec Government announced new changes related Quebec Immigrant Investor Program (QIIP). According to new changes, applicants net asset requirement increased by 25% and the investment amount increased by 50%.
- Net assets of at least CAD $2,000,000 (previously $1,600,000 up by 25%);
- Investment amount has increased to CAD $1,200,000 (previously $800,000 up by 50%).
Application limit
The maximum number of applications for permanent selection that will be received under the Quebec Immigrant Investor Program is 1,900 for the period from September 10, 2018 to March 5, 2019.
Applications received after the maximum number of applications has been attained will be returned to the applicants.
China
A maximum of 1,235 applications from foreign nationals from the People’s Republic of China, including the administrative regions of Hong Kong and Macao, will be accepted.
Priority for french proficiency
Investor candidates who demonstrate, by submitting results of a test recognized by the Ministère, that they have advanced intermediate proficiency in French are not subject to the maximum number of applications and can submit their application at any time. These applications will be given priority processing.
Registered intermediaries
Candidates applying for immigration schemes, are required to hire registered intermediaries and service providers.
