Quebec immigrant investor scheme application deadline extended to Aug 31, 2019

Canada has extended the application intake period for Quebec immigrant investor scheme (QIIP) by five months from March 31, 2019 to Aug 31, 2019.

The maximum number of applications remains the same 1900 for QIIP. 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.

No changes to entrepreneur scheme.

Here are the latest dates for each category

Quebec increased the investment minimum to $1.2 million, 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:

• 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
• 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.
• Applications will also be assessed on other factors, such as your age, education and language skills.

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