Canada is one of the most highly reputed countries in terms of beauty, education, safety and career opportunities. Therefore, the statistics of people moving to Canada has increased drastically over the past few years. As of September 2018, one of the most well-known ways of immigration will include Quebec immigration as well. Although Quebec investor program has been offered for many years now but the revised plan will be put into action later this year. As there is a negligible processing time for Quebec investor program, immigrants will be able to move into the country almost immediately. If you want a complete guide on Canada Quebec immigration, then here is everything that you need to know:
Eligibility Criteria for Quebec Immigration:
If you are planning on applying for Quebec investor program, then you may come across different requirements. However, you should keep in mind that the requirements have changed for the new program so you should follow the new rules:
- As per new rules set for the program, you should have the possession of at least $2 million dollars. If you don’t have that much cash in your account, then you can add your assets like land, property, bonds and pension funds. However, you have to make sure that the money you have is acquired through legal and rightful means. For example, you should have earned that money through a job, business, investment or an inheritance.
- If you are applying for Canada Quebec Immigration, you will have to make an investment of $1.2 million. The investment that you will make to the Government will not have any interest over it. However, the Government will return you the investment money after five years. However, the good thing about the program is that you don’t have to pay the money before your application is approved. This way, you will not have to face any risk of losing your money in case you are not granted a visa. Once your application is approved for Quebec Investor Program, only then you will have to put down the money deposit.
- If you don’t have the required amount of money to make an investment, then you can collect the money for the investment through other means as well. You can loan $220,000 Canadian dollars from a source that is authorized by Canadian financial intermediary. However, once your loan is approved, you will have to invest the money within the further 110 days. You will come across a lot of financial intermediaries that are authorized and highly reputed. They are known to provide loans for a number of investors who want to immigrate to Canada through Quebec Program.
- The next clause is of residency in the province of Quebec. As the program is directed for the province of Quebec, it is important that you plan on residing in the same province. However, it should not be a problem because Quebec is a big, vibrant province with beautiful cities, excellent health care and educational opportunities. If you wish to move with your family, your kids will definitely have a happy and secure future. Another good thing about the province is that it is very welcoming and inviting to the immigrants so you will have no problem settling down.
- One of the main eligibility clauses is that you should have full time experience of business management over the period of last five years. From strategic management to human resource management, you should have a full-time experience that can be useful to you in the future. However, you have to make sure that the experience you show on the papers is legitimate. Otherwise, it will be a major red flag and that experience will be discarded.
Benefits of the QIIP Program:
If you get hold of the visa, then you will not only be able to move to a well-developed country, but you will have these benefits as well:
- You will be able to get residency in Canada and will be able to enjoy the same benefits as other citizens of the country. For example, you will have free healthcare and education opportunities as other residents.
- The investment you will be making won’t have any downside to it. It is not at all risky to invest in QIIP program because you will get your entire amount back after 5 years. Although there will be no interest but there will be no deductions as well. The investment that you are required to make is quite low as compared to other programs. The plus side is that your money will be safe and you will definitely get it back.
- You must know that if you apply for any other investor program, then there are a lot of pre-requisites that you will have to fulfil. For example, in some programs, you will have to make a larger investment. In other cases, you are required to make jobs for a specific number of people. This is not the case for Quebec Immigrant Investor Program. Your selection in the program will be your ticket to the permanent residency and citizenship.
- If you acquire the residency, you will not be required to give up the citizenship of your existing country. There is no restriction on dual citizenship which means that you will be able to keep your present citizenship as well.
- Through Quebec Investor Immigration, you will be able to bring your spouse and your dependent children with you to the country.
Conclusion:
Hence, you can say that for people who want to move to Canada, Quebec Immigration seems like a very reasonable option. Not only it is a better program than other investment programs but it offers you numerous benefits as well. Therefore, if you have the money, then you should definitely go to an expert immigration consultant to help you with your application.
We at WAC immigration consultants in Lahore have years of experience of Canada immigration and have assisted hundreds of clients to immigrate to Canada. We can help you form your application and get the immigration procedure started for you. You will have our expert guidance throughout the process to avoid all the potential mistakes in your application and documents.
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