PERMANENT STATUS / BUSINESS IMMIGRATION
Investors
The province of Quebec, under the Canada-Quebec Accord,
operates its own business immigration program. The main
requirement to businessmen applying to Quebec is their
intention to live in the province of Quebec and to contribute
to its economic development.
In common with the federal program, investors in the
Quebec program must demonstrate that he/she has legally
obtained a net
worth of at least $800,000 CDN and his/her readiness
to make a five-year investment of $400,000 CDN by signing
an agreement with a financial intermediary. This amount
will be invested with Investissement Quebec or one of
its subsidiaries to fund a program to assist small and
medium-sized businesses in Quebec. In addition, the
applicant must have at least three years of management
experience in a profitable and lawful qualifying
business , in government or one of its agencies,
or with an international organization. To assess the
application of potential investor the several other
factors will be taken into account. If the application
is accepted, he/she will receive a Quebec Selection
Certificate, the official immigration document issued
by the Quebec government.
The Government of Canada admits to Quebec those business
class immigrants that Quebec has selected, after due
medical examination and security check.
Fee schedules:
*Fee for processing of the application by the Quebec
government:
$3850 for the applicant
$150 for each dependent
*Fee for processing of the application by the Federal
government:
$1050 for the applicant
$550 for spouse or common-law partner and each dependent
child over 22 years
$150 for each dependent child under 22 years
**Right of permanent residence fee (Landing visa):
$490 CDN for the applicant and for spouse or common-law
partner and for each dependent child over 22 years
*Fees are not refundable under any circumstances unless
the CIC did not issue a visa due to problems with criminal
records or medical examination.
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