Quebec Investor Costs More For Canada Investment Immigration

The Quebec Immigrant Investor Program (QIIP), the largest Canada business and investment immigration program, will cost 50 per cent more when it re-opens in the third quarter of 2018

The Quebec Immigrant Investor Program (QIIP), the largest Canada business investment immigration program, will cost 50 per cent more when it re-opens in the third quarter of 2018. The new program details were revealed in the latest regulation pre-publication and will feature an investment requirement of $1.2 million, up from $800,000. The qualifying net worth amount will also increase to $2 million, up from $1.6 million.

Since the federal government terminated its version in 2014, the Quebec program has dominated the Canada business immigration landscape, while admitting more business immigrants than all the provincial nomination programs combined. It has accounted for near $1 billion in direct investment to the province since its inception.