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The Province of Québec, Canada

Permanent Residence by Investment

The Québec Immigrant Investor Program is currently suspended for Review by the provincial Government.

Fondly known as the beautiful province, or, “La belle province”, Québec is Canada’s largest province and is home to a truly unique population and culture. The province has a predominantly French-speaking population and is often recognized as the Europe of North America, with diverse landscapes and architecture influenced by the French, English and Acadian trends. Québec is a major participant in several innovatory industries including aerospace, information technologies, software and multimedia, and is a popular business hub for investors.

The Québec Immigrant Investor Program

The Québec Immigrant Investor Program (“QIIP”) is designed to assist business investors and their families in obtaining permanent residence in Canada through investment in the country’s economic development. The government of Québec has established a quota system that restricts the number of applicants that may participate annually in the QIIP, and acceptance of new applications may cease when the Quota has been reached. Francophone applicants can apply at any time and are outside of the quota.

Ways of Acquiring Citizenship

Applicants may make two types of investments to obtain permanent residency. The investment options include the following:

Validity of the Passport

Canadian Permanent Resident Cards are valid for five (5) years and are renewable afterwards, provided that residency and other requirements have been met.

Benefits of Quebec and the Québec Immigrant Investor Program

Program Requirements

To be eligible to apply, the Principal Applicant must:

Applicants may be required to travel to Quebec for an interview at Investissement Quebec before approval. Pace Global Advantage accompanies Applicants to said interviews.

Applications will be denied on the following grounds:

Application Processing Time

Application to the QIIP is a two-step process. The applicant must first apply to the province for a selection certificate and, once approved, must submit an application for permanent residence to the federal government. The current estimated provincial processing time for the selection certificate (step 1) is 18 to 24 months. The current estimated federal processing time for permanent residence (step 2) is 48 months.

International Organization Membership

Canada is a member of the following international organizations:

Population

8.485 million (2019)

GNI per Capita

$35,213 US (2016)

Official Languages

French (Official)

Currency

Canadian Dollars.

1 CAN = 0.76 USD

Capital

Québec City

Temperature

Average all year round of -7°C – 25 °C

Major Religion

Roman Catholic

Government

Constitutional Monarchy

The Québec Immigrant Investor Program is currently suspended for Review by the provincial Government.

Investor

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