First fifty immigrants who are millionaires along with their families were offered permanent residency in this year’s month of January.
An investment which is non guaranteed has to made which amounts around $2 million dollars for the period of 15 years. One should also prove that they are possessing $10 million dollars net value. The program proved to be a hit and that’s the reason why Quebec Immigrant Investor Program has been resumed for a limited time period which began on 31st August 2015 and will be there till the end of January 2016.
According to the statement given by the Immigration Minister Chris Alexander, during this program they can be able to attract the investors who can afford for the amount of investment, have education, and needs experience in the business that would help him to lead a successful life in this country.
Chris added that the money would be used for the investment on the startups based in the country intending for the growth potential of Canada.
Minister for Industry James Moore said that through this pilot program, the experienced businessmen across the world have the opportunity for leveraging their investments and the business expertise.
The Province of Quebec had announced the acceptance of the applications for such programs for immigrant investor. And those who are looking for the scheme of promising investment can consider this as the good news. This offer is limited only to Quebec. As they are set to accept 1750 applications. This will include 1200 applicants who will come from Hong Kong, China, and Macao. And those applicants who file their applications early would have the better chances of getting the approval.
Quebec Immigrant Investor Progam requirement includes a net value of C$ 1.6 million dollars, processing fee of C$15,000, two years experience in the position of senior managerial within previous five year period, interest fee of C$8,00,000 and wishing to settle in Quebec.