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Quebec Investor Program
The program is designed to allow business people and their families to enter the province of Quebec as permanent residents on an unconditional basis. In return, funding made available through the program helps provide subsidies in support of small and medium businesses in Quebec. Successful applicants are required to make their investment in Québec for a period of 5 years, at the end of which the capital is returned without interest. The 5 year period begins upon issuance of the selection certificate, before the applicant has even landed in Canada. Proceeds from the investment are used to fund various business and social programs within the province of Quebec, Canada. Under this program, an individual must have a net worth of at least CAD$1.6 million, have managerial experience and be willing to make a government-secured investment of CAD$800,000 for a period of five years. The Quebec Investor program permits applicants to finance the major portion of their investment through designated securities brokerage firms and investment banks. Typically the financing schemes require a down payment of approximately $200,000. The bank loans the applicant the balance of $600,000.Therfore, the net cost to the investor is the down payment.
Eligibility Requirements
Intend to reside in Quebec
Applicants with French B2 are exempt from cap
Net worth of $1600,000 that have been legally obtained
Need to invest $800,000 for 5 years
2 Years of experience in the last 5 years in the profession of 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 fulltime jobs, or for an international agency or a government or one of its departments or agencies.
Applicants must attain 40 points out of possible points during selection process.