{"id":54430,"date":"2018-09-26T10:25:56","date_gmt":"2018-09-26T14:25:56","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=54430"},"modified":"2018-09-26T10:25:56","modified_gmt":"2018-09-26T14:25:56","slug":"how-much-does-the-quebec-investor-program-qiip-cost","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/how-much-does-the-quebec-investor-program-qiip-cost\/","title":{"rendered":"How Much Does The Quebec Investor Program (QIIP) Cost?"},"content":{"rendered":"
It costs $1.2 million for a candidate to immigrate to Canada through the Quebec Immigrant Investor Program<\/a> (QIIP).<\/p>\n Quebec\u2019s immigration authority (MIDI) increased the threshold for the current application window. Previously it was $800,000.<\/p>\n It is a passive, government-guaranteed investment for a period of five years bearing no interest. The investment is returned after five years.\u00a0 <\/span>The Quebec government keeps the interest accrued.\u00a0<\/span><\/p>\n The Quebec Investor program permits applicants to finance the bulk of their investment through designated financial intermediaries. Typically, the financing schemes require payment of $350,000 before the intermediary loans the balance of $850,000 to meet the required $1.2 million investment. The government approved financial intermediary then deposits the entire sum with Investissement Qu\u00e9bec. The down payment is not refunded at the end of the five-year period. The bank takes fees and interest from the down payment, the immigration agent receives commissions from the down payment. The net cost to the investor is the down payment.<\/p>\n The $350,000 down payment is referred to as a walk away amount and represents the approximate lost opportunity cost of interest that would have been earned if an applicant invests $1,200,000 in the open market for 5-years.<\/p>\n Candidates are also required to have a legally acquired personal net worth of at least $2 million. This was raised from $1.6 million for the 2018-19 intake period.<\/p>\n The\u00a0Quebec Investor\u00a0program\u00a0is the largest and most popular Canada business and investment immigration program.<\/p>\n Read More<\/b><\/p>\n How To Qualify Under The Quebec Immigrant Investor Program<\/a> QIIP is the only option in Canada for high net worth business immigrants to secure Canadian permanent residence on the basis of a passive investment.<\/p>\n The 2018\/2019 application period opened on September 10, 2018 and runs until March 15, 2019.<\/p>\n A maximum of 1,235 applications will be accepted from China, Hong Kong, Macau and up to 665 from elsewhere. Applicants with advanced intermediate abilities in French language are not subject to quota limitations.<\/p>\n Since the federal government terminated its version in 2014, the Quebec program has dominated the\u00a0Canada business immigration<\/a>\u00a0landscape.<\/p>\n
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\nNew Quebec Immigrant Investor Program (QIIP) Opens<\/a>
\nTwo-Thirds of Residents Back Same or Increased Quebec Immigration Levels<\/a>
\nQuebec Immigrant Investor Program (QIIP) to Accept 1900 New Applications with Higher Investment Requirements Beginning September 10, 2018<\/a><\/p>\n
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