Update on the Canadian Immigrant Investor Program

Canadian Immigrant Investor Program Closures

As discussed before, the Federal Immigrant Investor Program is currently suspended pending regulatory changes. This means CIC is not accepting any new Investor Immigration Applications for processing at this time.

However, the Quebec Immigrant Investor Program is still open for business! Below are the general criteria for applicants who wish to apply for Investor Immigration under the Quebec Program

Quebec Immigrant Investor Program

Have, alone or with his accompanying spouse, including de facto spouse, net assets of at least $800,000 CAN obtained legally, excluding the amounts received by donation less than six months before the date on which the application was filed.

  • Have experience in management in a legal farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies;
    • We define 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 resources and of human or material resources under your authority; the experience does not include experience acquired in the context of an apprenticeship, training or specialization process attested to by a diploma.
  • Intend to settle in Québec and sign an agreement to invest $400,000 CAN (This can be financed usually around $130,000 investment and the rest can be financed) financial institution authorized to participate in the Investors program.

The investor program continues to be a viable option for applicants who meet the above mentioned criteria.

Have a question about the Canadian Immigrant Investor Program or the Quebec Immigrant Investor Program? Contact Niren and Associates immigration law firm.

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Any information provided here does not constitute legal advice and is intended for general information only. Should you require legal advise, you are encouraged to contact a lawyer directly. All blog postings are public and are not subject to solicitor/client confidentially. Case results depend on a variety of factors unique to each case, and case results do not guarantee or predict a similar result in any further case undertaken by the lawyer.

Tags: Federal Immigrant Investor Program Quebec Immigrant Investor Program

About Michael Niren

Michael is a graduate of Osgoode Hall Law School in Toronto. He is a member of the Law Society of Upper Canada, the Canadian Bar Association’s Citizenship and Immigration Section and the American Bar Association. He is frequently called upon to appear in the media to discuss Canadian and US immigration issues effecting North Americans. He has been interviewed by Canada AM, CTV, Canada News Net, the Globe and Mail and the Toronto Star and has given lectures on immigration topics overseas.

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