The Quebec Immigrant Investor Program is
one of the top programs in Canada that has been bringing in immigrants that has
helped the country become stronger and better in terms of economy. As its name
suggests, it focuses on Quebec only and it has been bringing in the needed
investor immigrants for its entire duration.
Recently, Quebec, a province in Canada, has
sent out a new proposal which aims at changing its Quebec Immigrant Investor
Program (which is also known as the QIIP) as well as other immigration programs
that the province has. The province is home to a number of immigration
programs. These programs vary. There are programs that are focused on having
the immigrants move towards a higher goal which is to actually go ahead and
apply for a permanent residency status in the country. There are also programs
that are focused only on giving the individual a chance to apply for a
temporary residency status in the country.
Meet
the QIIP
The QIIP is known as a passive program that
focuses on investment. It is the only one of its kind which is being used in a
province in Canada. This program allows the individual candidate to actually
push on and work on getting and applying for a permanent residency visa in the
country. This is one of the reasons why there is a huge number of individuals
who are doing their very best to be able to get to the country via this
program.
It is quite a popular one at that. The QIIP
has a quota as per the number of individuals who can apply and get approved.
The statistics for the program have it that it does not take long to get the
needed quota as many are really interested in this and do their best to be able
to get in. For last year, the QIIP had a quota that amounted to 1,900
individuals.
The
possible changes
As per the proposed changes to the QIIP,
these were sent out last 28th of March. There may be an increase in the
required net asset as well as investment as compared to the last changes done
to the program. The current requirements indicated that an individual who would
want to apply for investor immigration should have a net asset that amounted to
CAD $1.6 million at the very least. The person must also have CAD $800,000 as
investment as well. This would most likely have to change and go higher with
the new proposal that has been sent out. Of course, it is important to keep in
mind that the proposal has yet to go through studies and research before it
would finally be approved.
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