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Quebec Immigrant Investor Program (QIIP) Accepted Record number of applicants- Apply now to get PR in Canada

Posted - 19, Jul 2016

Quebec Immigrant Investor Program (QIIP) has accepted the record number of applications, i.e. more than 5000 applications in the previous year. The investor program of Quebec has never received this much of applications since its launch. The previous high was in year 2012 when 4,436 applications were accepted. This indicates the growing interest of international investors in the investment opportunities and permanent residency in the Quebec province of Canada.

The Quebec Immigrant Investor Program (QIIP) awards the permanent residency to the selected candidates; hence, the province is going to provide the PR to the record number of applicants through QIIP this time round. Here are the key requirements of the QIIP.

What are key requirements of QIIP?

  • The applicant should have lawfully acquired personal net worth of minimum CAD 1.6 million.
  • Applicant must have minimum 2 years of senior managerial experience in last 5 years in any eligible partnership, private entity, NGO or government body
  • The applicants must do a minimum interest free investment of CAD $800,000 for 5 years. This will be a prescribed (government guaranteed) investment.
  • Applicant need to show the intent to settle in the province of Quebec.
The number of applicants under QIIP dropped in the past in view of settlement restrictions

As of now, QIIP asks the applicants to stay at least for 2 years in the province. However, there is a concern about the applicants getting settled later on in the other locations in Canada. The Quebec tried to curve this tendency by implementing the strict criteria for residing in Quebec province. The restrictions included declaration or residing along with French speaking condition. However, it led to the falling number of applications under QIIP. Hence, the restrictions were lifted later on.

The QIIP is still open to accept 1900 applications

The Quebec Immigrant Investor Program (QIIP) is still open to accept 1900 applications till February, 2017. If you not apply now you may face the added application prerequisites next year 2017 for QIIP. Hence, it’s the best time to apply get the tremendous investment opportunities along with permanent residency (PR) in Quebec province of Canada.

How to Apply for Quebec Immigrant Investor Program (QIIP) to get permanent residency in Canada?

If you wish to apply in the Quebec Immigrant Investor Program, you must understand and interpret the conditions applicable for the same. Get in touch with the registered immigration experts at Visas Avenue Immigration for the best assistance and support to apply in QIIP.

The immigration experts at Visas Avenue with their years of experience and knowledge of Canadian immigration can become your best mentor and guide to obtain the PR in Canada under Quebec Immigrant Investor Program.

You will get thorough support right from online application, to documentation, visa filing, and follow up, etc. You may call the experts at Visas Avenue on contact nos. 011-48447777 (Delhi), 080-46668222 (Bangalore), or 040-42467777 (Hyderabad) or can email your queries with regard to Canadian immigration or visa process to Visas Avenue email id- [email protected].

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