Quebec Immigrant Investor Program (QIIP): Passive Path to PR

Unlock Canadian Permanent Residence Through Passive Investment

The Quebec Immigrant Investor Program (QIIP), Canada's unique passive investor immigration pathway, officially resumed on January 1, 2024. This program offers high-net-worth individuals and their families a direct route to Canadian permanent residence by making a secure, government-guaranteed investment in Quebec's economy. Samakav Immigration Corp. is here to guide you through every step of this exclusive opportunity.

Why Choose the QIIP? Key Benefits

• Risk-Free Investment: Your investment of CAD $1,000,000 is fully guaranteed by the Quebec government and returned in full after a five-year term. A non-refundable financial contribution of CAD $200,000 is also required.
• Passive Management: Unlike other business immigration streams, the QIIP requires no active managerial role or business creation after your investment is made, allowing you to focus on settling into your new life in Canada.
• Family Inclusion: Your spouse or common-law partner and all dependent children can be included in your application, granting them the same permanent resident status and benefits as the primary applicant.
• Access to Canadian Benefits: As permanent residents, you and your family will enjoy the comprehensive advantages offered to Canadians, including universal healthcare, free public education, and access to world-class universities.
• Pathway to Citizenship: After meeting residency requirements, permanent residents can apply for Canadian citizenship.

Eligibility Requirements for the QIIP

To qualify for the Quebec Immigrant Investor Program, applicants must meet specific criteria as of January 1, 2024:

• Minimum Net Worth: Demonstrate a legally acquired personal net worth of at least CAD $2,000,000, either alone or combined with your accompanying spouse or common-law partner. This can include assets like property, bank accounts, pension funds, stocks, and shares.
• Management Experience: Possess a minimum of two years of full-time management experience within the five years preceding your application submission. This experience must involve planning, supervision, and control over financial resources AND human or material resources in a qualifying enterprise (agricultural, commercial, industrial), government, or international agency.
• Investment Agreement: Commit to making a refundable, five-year term investment of CAD $1,000,000 through IQ Immigrants Investisseurs Inc., along with a non-refundable financial contribution of CAD $200,000 to the same entity. These investments do not accrue interest.
• Language Proficiency: Demonstrate an oral French proficiency level corresponding to Level 7 on the Quebec scale of French proficiency (speaking and listening).
• Education: Hold a diploma obtained before your application submission date, equivalent to at least a Quebec secondary school diploma.
• Work Permit and Physical Presence: Successful applicants will receive a work permit from MIFI. Within two years of its issuance, the principal applicant (and their spouse/common-law partner, if applicable) must reside in Quebec for at least six months.

Candidates are also assessed based on a selection grid, requiring a minimum of 40 points, with mandatory cut-off scores for management experience (10 points) and financial investment (25 points).

The QIIP Application Process: A Step-by-Step Guide

The QIIP application involves a two-stage process: provincial approval by Quebec and federal approval by Canada.

1. Quebec Application Submission: Prepare and submit a comprehensive application to the Quebec Immigration Visa Office, including correctly completed forms, identity documents, proof of net worth, educational qualifications, business experience, and police clearance certificates.
2. Quebec Application Assessment: A Quebec Immigration Visa Officer will meticulously review your application, verifying your net worth and its legal acquisition, as well as your management experience and other qualifications.
3. Interview or Waiver: If your application meets the program's standards, you may be invited for a personal interview with an Immigration Officer. In some cases, an interview may be waived.
4. Investment & Quebec Selection Certificate (CSQ): Upon a successful interview (or waiver), you will receive instructions to wire transfer the required funds. Once the transfer is confirmed, your Quebec Selection Certificate (CSQ) will be issued.
5. Federal Application Submission: With your CSQ in hand, you must submit a complete application to the Canadian Immigration Visa Office within one year. This includes your CSQ, identity documents, police clearance certificates, and federal processing fees.
6. Medical Instructions: The Canadian Immigration Visa Office will issue medical instructions. You and your accompanying family members must undergo medical examinations by an approved physician.
7. Passport Request & Right of Permanent Residence Fee (RPRF): After medical results are received, you will be asked to pay the RPRF and submit your passport for the issuance of your Canada Immigration (Permanent Resident) Visa.
8. Permanent Resident Visa Issued: Your Canadian Immigration Visa will be issued with an expiry date, by which time you and your family must enter Canada to complete your landing as permanent residents.

Is the QIIP Right for You?

The Quebec Immigrant Investor Program is ideal for experienced business managers and high-net-worth individuals seeking a secure, passive investment route to Canadian permanent residency. If you meet the financial and managerial criteria and are prepared to contribute to Quebec's economy, this program offers a stable and attractive path for you and your family to live, work, and thrive in Canada.

Begin Your Journey to Canada

Navigating the complexities of immigration can be challenging. As a regulated Canadian immigration consulting firm (RCIC-IRB R523726), Samakav Immigration Corp. provides expert guidance and personalized support throughout your QIIP application. Contact us today for a comprehensive assessment and let us help you achieve your Canadian immigration goals.