Quebec program has officially opened on Sep 10, 2018 for application intake and will run until March 15, 2018, roughly for about six months.
According to Quebec government, A total of 1900 applications will be accepted of which 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.
The rules regarding the maximum number of applications that can be received do not reflect a change in Québec’s immigration objectives.
Maximum number of applications
Immigration
Program |
Maximum number
of applications to receive |
Application
intake period |
Business immigrants | ||
|
1 900** |
September 10, 2018
to March 15, 2019 |
|
60 – Stream 1 : 25 – Stream 2 : 35 |
August 15, 2018
to March 31, 2019 |
|
50 |
August 15, 2018
to March 31, 2019 |
Humanitarian immigration | ||
|
750** |
September 17, 2018
to February 1, 2019 |
New Investment Requirements
Quebec increased the investment minimum by 50% this year, and amendments to the immigrant investor program was published in official gazette
To be eligible for the Investor Program, applicants are required to meet the following conditions:
- Net Assets: Have, alone or with your accompanying spouse or de facto spouse, legally acquired net assets of at least C$2,000,000, excluding any amounts received by donation less than six months before your application is submitted
- Business experience: Have management experience in a legal farming, commercial or industrial business; in a legal professional business whose staff, excluding you, occupies at least the equivalent of two full-time jobs; in an international agency; or with a government or one of its departments or agencies. The management experience as the exercise, for at least two years in the five years preceding the application for a selection certificate, of duties related to the planning, management and control of financial, human or material resources under your authority. This does not include experience acquired in an apprenticeship, training or specialization leading to a diploma.
- Investment minimum: Intend to settle in Québec and sign an agreement to invest C$1,200,000 with a financial intermediary (broker or trust company) authorized to participate in the Investor Program
Applications will also be assessed on other factors, such as your age, education and language skills.