May 31, 2017 – Quebec immigration authorities have begun accepting new applications under the highly successful Quebec Immigrant Investor Program as of May 29, 2017. The application period will end on February 23, 2018.
This comes as welcome news for high net worth individuals looking for an attractive passive investment program offering Canadian permanent residence. The Quebec Immigrant Investor Program is the only passive investment program of its kind in Canada and the second largest in North America after the EB-5 program in the United States.
Under the 2017/2018 subscription period, Quebec will accept a maximum of 1,900 applications including a maximum of 1,330 from China, Hong Kong and Macao and the balance of 570 applications to be filled from elsewhere.
The QIIP 2017 program application quotas and the limited period of reception do not apply to applicants applying under the investor category who can demonstrate an intermediate to advanced level of French language proficiency through an approved standardized language test.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.