Individuals looking for a pathway to get permanent residency in Canada can get it through the Quebec investor visa, which is worth considering if you wish to get a PR visa. With this visa investors and their families can utilize the same benefits as a Canadian citizen for the long term. 

Canada is also known as “the great white North” because it has a huge amount of natural beauty and diversity it possesses cold weather, snowy winters, and a beautiful warm summer along with it has great political stability, a strong economy, universal healthcare and free education system for children.

As per the statistics in 2022, the land of Maple Leaf was ranked number 3 in the world for the best countries to live and for entrepreneurship, and business. If you wish to invest in a business, it is an idle destination for you to build a fruitful and happy life.

we at Go-Global Immigration Services are experts to have all the information you need to invest.

What is a Quebec Investor Visa?

As per the government announcement, the Quebec investor visa was again re-launched on 1st January 2024. The Quebec visa is an immigrant visa program that gives access to permanent residency in Canada. To obtain Canadian permanent residency you must contribute $200,000 to the Quebec government and an investment amount is $1000,000.

To apply for this visa you are required to meet certain conditions and must submit an application with all the essential documents and required supporting evidence. However, make sure when you are applying for this visa it must be to settle in Quebec.

Benefits of Quebec Investor Visa

Permanent Residency in Canada :- For those who have successfully applied for the Quebec Investor Visa, the following steps outline the process:

Obtain a 3-Year Work Permit: Initially, successful applicants are issued a work permit that is valid for a duration of three years. 

Achieve Permanent Residency: Following the three years, you may qualify for permanent residency if you have resided in Quebec for a minimum of 12 months during this timeframe. This requirement includes 6 months of residence by the primary applicant and an additional 6 months by either the primary applicant or their spouse. 

High Quality of Life :- Canada consistently ranks highly in global assessments of quality of life. The average life expectancy is notably high at 82 years, and Canada scores 7.03 out of 10 on the Global Happiness Index.

Strong Economy :- Canada boasts a strong economy, the financial services sector, tourism, and the film industry also play significant roles in the nation’s economic prosperity. The current GDP per capita stands at 54,917.7 USD.

Access to High-Quality Healthcare and Education :- Canada operates a publicly funded healthcare system, governed federally by the 1984 Canada Health Act. Each province or territory has its own healthcare framework, resulting in some differences across regions. 

Requirements for the Quebec Investor Visa 

  • Net Worth Criteria :- the current net worth criteria for the program are established at CAD 2,000,000. You must combine your assets with those of your spouse; however, both individuals must furnish documentation proving the lawful acquisition of all assets included in the net worth calculation.
  • Investment Obligations :- to qualify for the Quebec Immigration Investor Programme, you must be prepared to invest CAD 1,200,000 and make an additional contribution of CAD 200,000.
  • Management Experience Criteria :- a further requirement for the Quebec Investor Visa is the demonstration of management experience. You must show a minimum of two years of management experience within the five years preceding your application. The experience must have been full-time and involved responsibilities in planning, management, and oversight of financial, material, or human resources.
  • Language Proficiency Requirements :- Primary applicants are required to exhibit an intermediate proficiency in French, equivalent to the B2 level (level 7).

 Additional Quebec Investor Program Criteria 

You must also submit a 'narrative document' that outlines your employment history as part of the evidence for your net worth. If a spouse contributes to the combined net worth, they must also complete this document.

The application process for the Quebec Investor Visa

To start the process for the Quebec Investor Visa, it is essential to complete all necessary forms: 

  • Complete and Sign Forms
  • Provide Identity Documents
  • Showcase Financial Status
  • Educational Qualifications
  • Business Experience
  • Police Clearance

Subsequently, an agent from the Ministère de l'Immigration, de la Francisation et de l'Intégration will evaluate your application to ensure that all documentation is correct and that you meet the eligibility criteria for the program. 

You may be required to participate in an interview. 

 Upon successful verification of your information and acceptance of your application, the next step is to obtain your Quebec Selection Certificate.

 After reaching this stage of provincial approval, you must submit your application to the federal authorities. This includes providing all pertinent identity documents, criminal record checks, and a medical examination.

Once the Canadian Immigration Visa Office has received your medical results, they will request the payment of the Right of Permanent Resident Fee (RPRF).

Conclusion

The Quebec Investor Program is the best pathway for the investor to gain a permanent residency visa in Canada. Successful candidates can receive a work permit to operate the business in the Land of Maple Leaf. The application process is relatively straightforward, however, you must connect with the best consultant to apply for the Quebec visa.

Go-Global Immigration Services (GGIMS) has worked hard to make the candidate's dream come true with the right information. So, if you want to avail our services, then connect with us now!