Benefits of investing in Quebec, Canada:
Risk-Free Investment:
- A $1.2 million investment is guaranteed by the Quebec government.
- At the end of the 5-year period, $1 million is fully returned to the investor.
Passive Investment:
No managerial role is required after making the investment.
Family Accompaniment:
- Includes spouse and dependent children.
- Family members are eligible for permanent residency and its benefits.
Benefits of Permanent Residency:
- Similar to Canadian citizens:
- Access to healthcare services
- Free public education
- Access to top-ranked universities worldwide, and more.
Other Advantages:
- Opportunity to work and live in Canada.
- Opportunity for children to study in Canada.
- Ability to travel to other countries.
- Economic and social security and stability.
Important Notes:
- Conditions and requirements of the Quebec Immigrant Investor Program may change.
- Before proceeding with the investment, contact Pars National Immigration Organization for accurate information.
The steps to obtain a Startup Visa for Canada typically include:
To start the process, migrants need to prepare a comprehensive and creative proposal about their business plan or startup. This proposal should outline the ideas, objectives, strategies, and expected impacts of the plan.
Eligibility Assessment: Evaluate Criteria: First, review the criteria and requirements for participating in the Quebec Immigrant Investor Program. These criteria include having a minimum net worth of $2 million CAD, management experience and work history, and willingness to invest $1.2 million CAD.
Gathering Documents: Net Worth Documents: Documents related to your net worth need to be collected. This includes bank statements, account certifications, and other relevant documents.
Financial Statements: Your financial statements from a minimum of the past 6 months need to be provided.
Business Ownership Documents: If you own a business or company, relevant business ownership documents also need to be gathered.
Proof of Management Experience: Documents demonstrating your managerial work experience and expertise need to be prepared.
Second Stage – Completing the Application Form
Filling out the Official Form: Carefully complete the application form to participate in the Quebec Immigrant Investor Program (QIIP). This form includes your personal information, details related to investment, business experiences, and your commitments regarding residency in the province of Quebec.
Attaching Documents: Attach all required documents to your application form. These documents include legal records, financial documents, and any additional supplementary documents that may be required based on the program’s requirements.
Sending the Completed Form: Send the completed application form along with relevant documents to the immigration authorities of the province of Quebec. Ensure that all information is entered correctly and accurately.
Payment of Non-Refundable Fee: Pay the application fee of $16,874 CAD. Note that this fee may change on January 1st each year. Therefore, ensure the exact amount and check for any recent updates.
After submitting the application and paying the fee, your file will be ready for final review by immigration authorities.
Fourth Stage – Review by Quebec Authorities
The immigration authorities of Quebec conduct initial reviews to ensure that your file is complete and free of any missing information.
Initial Assessment is done to ensure your eligibility for the Quebec Immigrant Investor Program.
If necessary, immigration authorities of Quebec may invite you to participate in an interview session. The purpose of this interview is to ensure the accuracy of your information, investment, and objectives.
Sixth Stage – Conditional Acceptance
If your application is successful, Quebec immigration authorities will grant you conditional acceptance. At this stage, you receive conditional confirmation that your file is acceptable for further stages of immigration.
Upon receiving conditional confirmation, you must enter into an investment agreement with a government-approved financial intermediary. This agreement serves as your commitment to invest a specified amount during the immigration process and to execute relevant programs against Quebec.
Send the investment amount of $1.2 million through a government-approved financial intermediary. This investment is typically for a period of 5 years and is guaranteed by the government.
Submit the documents related to this investment to the Quebec authorities. These documents include information and certifications necessary to demonstrate that the investment commitment has been fulfilled.
After your investment is confirmed, you’ll receive a Quebec Selection Certificate (CSQ). This certificate is issued by the province of Quebec and confirms that your application for immigration under the investor program has been accepted.
In this stage, as the main applicant and your spouse, you can initially obtain a 3-year work permit. Your dependent children also have the opportunity to immigrate to Canada. Within 2 years of receiving the work permit, you must fulfill the conditions of a 12-month residency requirement in Quebec. This can be achieved through a combination of 6 months of residency by the main applicant and another 6 months by either the main applicant or their spouse.
With the CSQ certificate and a minimum 12-month residency document, you can apply for Permanent Residence (PR) to the federal government.
As part of the federal application process, you and your family members will undergo medical examinations and security checks.
If there are no issues, you and your family members will be granted permanent residence in Canada.
Quebec Investor Program Requirements
| Criterion | Conditions |
| Intended Destination | Quebec |
| Minimum Net Worth | Personal net worth of at least 2 million Canadian dollars obtained through legal means by the individual alone or with the help of their spouse. Assets such as real estate, bank accounts, retirement funds, and stocks can be included in this minimum net worth. |
| Management or Business Experience | Having a minimum of 2 years of full-time management experience as a volunteer in a specific company (agricultural, commercial, or industrial) or management experience in a government or international organization within 5 years prior to submitting the application. This company must have had at least 2 full-time employees and may not necessarily have been profitable. It can also be an international agency, department, or government office. |
| Investment | Agreeing to invest 1,200,000 Canadian dollars in one of the approved financial institutions (this amount can also be invested directly). |
| Language Proficiency | Minimum French language proficiency at level 7 (Upper Intermediate) in speaking skill. |
| Educational Credential | Holding a minimum educational credential equivalent to a Quebec secondary school diploma. |
| Minimum Score | Achieving a minimum of 40 points out of 89 in the Quebec immigration scoring system based on specified factors. |
| Quebec Values Learning Certificate | Providing a certificate of learning Quebec society common values after the file opening. |
| Other Conditions | No issues in medical examinations and a clean criminal record. |
Investment Points in Quebec
Applicants to the Quebec Investor Program are scored based on six factors (education level, management experience, age, English or French language proficiency, residency in Quebec or having relatives there, and investment agreement).
To qualify for acceptance, applicants need a total of 40 points. They must earn at least 10 points for management experience and 25 points for the required investment amount. This means that applicants who meet the minimum requirements only need to earn an additional 5 points to qualify.
| Factor | Points |
| Education Level | |
| Diploma | 2 |
| Vocational Diploma | 6 |
| 2-Year Diploma | 4 |
| 2-Year Vocational Diploma | 6 |
| 3-Year Vocational Diploma | 8 |
| 1-Year University Credential | 4 |
| 2-Year University Credential | 6 |
| Bachelor’s Degree (3 years +) | 10 |
| Master’s Degree | 12 |
| Doctorate | 14 |
| Management Experience | |
| Less than 2 years | 0 |
| 2 years or more | 10 |
| Age | |
| 18 to 45 | 10 |
| 46 | 8 |
| 47 | 6 |
| 48 | 4 |
| 49 | 2 |
| 50 or older | 0 |
| Language Proficiency (French) | |
| Listening (0, 5, 6, or 7) | 0, 5, 6, or 7 |
| Speaking (0, 5, 6, or 7) | 0, 5, 6, or 7 |
| Reading (0 or 1) | 0 or 1 |
| Writing (0 or 1) | 0 or 1 |
| Language Proficiency (English) | |
| Listening (0, 1, or 2) | 0, 1, or 2 |
| Speaking (0, 1, or 2) | 0, 1, or 2 |
| Reading (0 or 1) | 0 or 1 |
| Writing (0 or 1) | 0 or 1 |
| Residence in Quebec or Relatives in Quebec | |
| Educational residency in Quebec (minimum 1 term) | 5 |
| Work residency in Quebec (minimum 3 months) | 5 |
| Work experience through the Youth Exchange Program for 6 months | 5 |
| Residence for investment purposes (minimum 1 week) | 2 |
| Residence for other purposes (minimum 2 weeks) | 1 |
| Residence for other purposes (minimum 3 months) | 2 |
| Having a spouse, parents, children, siblings, grandparents, or grandchildren | 3 |
| Investment Agreement | |
| Investment according to provincial laws | 25 |
| Total Score for Acceptance | >= 40 |
Documents Required for Quebec Investment
-
Identification Documents:
- Copy corresponding to the original passport (valid for at least 1 year)
- Official translation of identification documents (birth certificate and national ID card)
-
Financial Documents:
- Print of the applicant’s bank account for the last 6 months
- Financial guarantee certificate (usually around 1.2 million Canadian dollars)
- Documents related to income history and sources (such as payslips, employment contracts, business documents)
-
Family Documents:
- Form signed by the applicant and spouse (and if applicable, children over 22 years old)
- Marriage and birth certificates of children
-
Investment Documents:
- Investment agreement with the applicant (original signed copy by both parties)
- Processing fee payable by check from a Canadian financial institution
- Property assessment
- Ownership documents
- If holding shares: Company’s articles of association, company registration, change notices, and financial statements
-
Managerial Experience Documents:
- If you have managerial experience in a company: Employment certificate with the following:
- Contact information
- Duties and job description
- Received salary
- Payslip
- List of employees under supervision
- Property acquisition history
- Organizational chart
-
Educational Documents:
- Educational documents and diplomas obtained by the main applicant
-
Other Documents:
- Relevant forms
- Certificate of no criminal record
- Medical certificate
- Official translation of all documents into English or French
Important Notes:
- The list of required documents may change slightly, so refer to the official website of the Quebec immigration program for more accurate information.
- All documents must be translated by an official translator.
- Before sending the documents, ensure their completeness and accuracy.
Frequently Asked Questions
- How much is the file assessment fee by the province of Quebec?
The file assessment fee is $15,750 CAD for the main applicant and $7,875 CAD for each family member. - Do we have to reside in Quebec after acceptance and receiving PR?
Yes, you must reside in Quebec for a minimum of 183 days every 5 years to maintain your permanent residency. - How long do we have to deposit the investment amount in dollars?
After receiving the Quebec Selection Certificate (CSQ), you have 60 days to deposit the investment amount. - Can my student children be included in my file?
Yes, your children under 22 years old can be included in your file. - Is starting a business mandatory in this type of residency?
No, starting a business is not required in the Quebec Immigrant Investor Program. - What are the conditions of the $350,000 Quebec investment program?
This program is for qualified entrepreneurs who intend to start a business in Quebec. Applicants must invest a minimum of $350,000 CAD and score 20 points out of 100 in the scoring system.
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