Investor Visa Canada 2017
Introduced in 1986, the highly successful Quebec Immigrant Investor Program (QIIP) offers qualified high net worth individuals and
families worldwide the opportunity to immigrate to Canada through the Province of Quebec. With the recent closure of Canada's Federal
Immigrant Investor program, the exclusive QIIP is the only Canada investor visa of its kind currently available to international
business people, and it boasts the exact same investment standards as the former federal program.
According to the Reputation Institute, Canada is the "most admired"
country with the "best reputation" in the world, and the modern and safe nation offers immigrants a
fantastic quality of life in a pluralistic society, all at an affordable cost of living. Successful Quebec Investor Program candidates will be granted an unconditional
Canada Permanent Resident Visa and may immediately start living, working and doing business anywhere in the country. Children of new
investor immigrants may also promptly begin studying in Canada, and can apply to local schools and universities as a Canadian resident
as opposed to a foreign student.
UPDATE: The Quebec Immigrant Investor Program will reopen for new applications from May 30, 2016 until February 28, 2017. The
program will only accept a maximum of 1900 applications during this limited intake period, so we strongly encourage you to act fast.
Investor Immigration Canada Eligibility
Minimum Net Worth
In order to be admitted into the Quebec Investor Program 2017, foreign investors must have a legally obtained minimum net worth of CAD $1.6
million (or its equivalent in a foreign currency), either individually or combined with their spouse or partner. Assets that may be
included when calculating net worth include real estate, bank accounts, stocks and bonds, as well as pension funds. Under the Quebec
program for investors, inherited assets are classified as legally obtained, however, donation or inheritance money must have been
received at least six months prior to launching a QIIP application. As of January 2017, $1.6 million Canadian dollars is equivalent to
approximately USD 1.2 million, EUR 1.1 million, or CNY 8.5 million.
Applicants for Canada investor immigration must sign an agreement stating their intention to make a government
guaranteed CAD $800,000 investment in Quebec through a financial intermediary authorized to participate in the QIIP. This
prescribed investment in a five-year term note is fully and unconditionally guaranteed by the Government of Quebec, and in accordance
with the provisions of the program, the money is returned in full after five years with 0% interest. Please note: this passive investment does
not have to be made until after an applicant is approved in principle for investor immigration to Quebec, so there is no risk of
making the investment only to be later refused a Canada investor visa.
Over the last decade, a significant percentage of the Quebec and Canada Immigrant Investor Program participants have financed their investment in
the country. Investors who do not wish to liquidate assets in order to come up with the required C$800,000 can finance the investment
through an authorized Canadian financial intermediary for a one-time loan payment of ~$220,000 CAD, which includes all interest
and fees. This means that as of January 2017, the "true cost" of obtaining a Canada investor visa is only around 165,000 American
dollars, 1.2 million Chinese Yuan Renminbi, or 150,000 euros depending on the exchange rate. The Quebec-based law firm we work with exclusively has excellent
relationships with reputable financial intermediaries who regularly loan to Canada investor immigration clients, allowing us to
facilitate the financing of your investment at highly competitive rates should you choose to retain our professional services.
Investments must be made in full within 110 days of being approved in principle for a Canada investor visa, so working with a
law firm that has existing relationships with major financial institutions in Canada can make meeting this deadline less stressful.
Please note: the current walk-away price of financing the $800,000 investment fluctuates between C$200,000 and C$240,000 according to
interest rates, so we are unable to state a precise amount on our website.
Immigrant Investor Program applicants must intend to settle in Quebec, the largest province in the country by size and second largest
by population, accounting for almost 1/4 of Canada's 35 million people. Quebec is a vibrant and prosperous society built upon egalitarian beliefs that is incredibly
welcoming and diverse. Although investor class immigrants and their families are allowed to settle in any city in Canada, the
tremendous quality of life in Quebec makes the province highly popular among newcomers to the country. Montreal, the largest city in
Quebec, is a modern and dynamic city with exceptional shopping, restaurants, and nightlife, as well as some of the best hospitals and
healthcare facilities in the nation. The education system in Quebec is first rate, and the province is home to world-class schools
such as McGill University. Although Quebec is predominantly a French-speaking province, English is commonly spoken in Montreal
especially within the city's business community. The astounding multiculturalism of Montreal also makes the city immensely inviting to
new immigrants, and the province is famous for having some of the cleanest air and water in the entire world.
Business Management Experience
The Quebec Canada Investor Program requires primary applicants to have acquired at least two years of full-time business management
experience in the past five years. Qualifying business management experience for the purposes of investor immigration to Canada must
involve some portion of the management, planning, and control of both the financial side and the human or physical/material resources
side of the enterprise or organization. Examples of appropriate management experience include commercial business, professional
business (provided the private enterprise or partnership had 2 or more full-time employees excluding the applicant), NGO, agricultural
(farm management), foreign government department or agency, international organization, or industrial management. Quebec immigration
authorities will only consider business experience that was legitimately attained while the applicant had proper work authorization or
legal status - unauthorized work experience does not count.
In addition to the above selection criteria, Canadian investment visa adjudicators who evaluate Quebec investor stream immigration applications will also
consider factors such as age, education, adaptability, language proficiency, and work experience when making an assessment of a
candidate's file. A skilled Canada immigration lawyer with extensive experience preparing Quebec Investor Program applications can
ensure that a client's file effectively communicates every attribute he or she possesses that could potentially strengthen their
application. Before moving to Canada, all persons included under an investment visa Canada file must also pass a medical exam as
well as security and criminal checks.
Immigrant Investor Program Canada
Many people confuse the former Canada Immigrant Investor Program with the current Quebec immigration program for investors. Although both economic
citizenship programs were extremely similar with identical investment and net worth requirements, only the Quebec Investor Program is
currently operating as a gateway to Canada for wealthy business people holding citizenship from any country. In February 2014, the
Canadian government announced the cancellation of the highly popular Federal Immigrant Investor Program (FIIP), slamming the door on
59,000 applicants whose pending files were instantly canceled. Many of these former candidates from the federal program are still
interested in obtaining Canadian citizenship by investment, however, and consequently, the latest Quebec Immigrant Investor Program
2017 opening for 1900 applicants may reach capacity very shortly after it commences on May 30, 2016.
If you are interested in learning more about investment immigration to Canada via the Quebec Program, please contact our team
for a confidential consultation.
Investment Immigration Canada Application Process
Step 1: Law firm works alongside client to obtain all supporting documentation required by the Quebec Investor Program including:
- Identity and civil status documents
- Police clearance certificates
- Documents proving net worth
- Documents supporting business management experience
- Documents showing educational qualifications
Step 2: If any supplemental documentation is not in English or French, law firm will help arrange the certified translation of the
documents by an accredited translator. Please note: Canadian immigration authorities will only accept certified translations signed or
stamped by professional translators with verifiable credentials in Canada. Otherwise, translated documents that are not accompanied by
an affidavit swearing to the accuracy of the translation, as well as the proficiency of the translator, will not be recognized.
Step 3: Lawyer completes investor visa Canada application form as per government guidelines, and organizes all
Step 4: Client reviews their investor file and signs QIIP application form as well as power of attorney mandate allowing law firm
to communicate with the Government on their behalf.
Step 5: Lawyer formally submits signed application and supporting documents to Immigration Quebec for initial processing. The CAD $15,000 Government application
fee is due at this point, and must be paid via Canada Post money order or a bank draft drawn from a bank with a presence in Canada.
Step 6: Incomplete applications are returned to the candidate. Adequate applications are added to the processing queue and an
official QIIP Acknowledgement of Receipt is sent to the applicant.
Step 7: Quebec immigration authorities review the application to ensure client satisfies all investor category immigration Canada requirements
including minimum legally obtained net worth and business management experience.
Step 8: Applicants who meet the selection conditions and criteria of the Immigrant Investor Program (IIP) will be scheduled for a
personal interview with a Quebec immigration officer. Within ten business days of being scheduled for an interview, candidates must
submit updated documents and forms to Immigration Quebec personnel, along with any other additional documentation that may support their
application. Lawyer works closely with client to ensure revised documentation accurately reflects his or her current financial
situation. Lawyer will also personally prepare client for their interview, which includes an extensive one on one coaching session. If
necessary, a qualified interpreter will be present to assist with this interview preparation. Please note: in certain situations, the
personal interview may be waived by immigration authorities in which case the client will receive an official interview waiver notice.
Step 9: Upon the completion of a successful personal interview, Quebec investment immigration staff will approve client in principle
and send them detailed wire transfer instructions.
Step 10: Client has a maximum of 110 days to successfully send funds of CDN $800,000. Clients financing the investment through
an authorized financial intermediary of the Quebec Investor Program must wire transfer the up-front loan cost of approximately $220,000
within this timeframe.
Step 11: Upon receipt of the full $800 thousand investment, business immigration officers will issue a "Quebec Selection
Certificate" or "Certificat de Sélection du Québéc", which is commonly referred to as a CSQ. The issuance of a CSQ signifies the
applicant's approval at the provincial level, and his or her file is then handed over to the Centralized Intake Office (CIO) of
Citizenship and Immigration Canada to be processed at the federal level. Federal processing fees are due at this
Step 12: Once Canadian visa authorities have assessed the investor application, medical instructions are issued to the
client. If applicable, client, as well as their accompanying family members, must undergo a medical examination performed by an
Immigration, Refugees and Citizenship Canada (IRCC) approved physician.
Step 13: Once the results of the medical exam are received by business immigration officials, successful applicants and their
families are fully approved for Canadian investor visas. At this time, a formal request for the passport of each person included under
the investor application is given for the purposes of issuing the visa. The Right of Permanent Resident Fee (RPRF) is now due.
Step 14: A Canada business visa for investors is issued to the primary applicant and each accompanying family member. The
investment visa will contain an expiry date, which is the last day a person can use it to gain entry to Canada for permanent
immigration. After arriving in the country, Canadian investor visa holders will receive a permanent residence card (Canada PR Card) which can be
used to leave and re-enter the country at will.
Quebec Immigrant Investor Program Processing Times
The amount of time required to process a Quebec immigration investor file depends on an assortment of factors, principally
the current volume of investor applications in a candidate's geographic pool.
Provincial processing times - It typically takes 9 to 12 months for an investor category applicant to receive a Quebec Selection Certificate (CSQ) representing Quebec approval.
Federal processing times - After receiving a CSQ, it then takes approximately 3 to 4 years for the file to be processed federally by Citizenship and Immigration Canada (CIC). As of January 2017, the official
Quebec Immigrant Investor Program processing time listed on the CIC website was 40 months.
Based on the historical average processing time, a Quebec Investor Program 2017 applicant should receive a Canada investment visa
within five years. We believe 2018 QIIP processing times will actually be significantly faster than this, however. Quebec has recently
updated their economic immigration rules to limit the number of applications they receive across entrepreneur, investor, and self-employed immigration categories. This should reduce
the number of files that must be processed by the Government. Citizenship and Immigration Canada has also changed the way they process some immigration applications. Previously, CIC processing times
for many services would vary greatly between regional visa offices. For example, Quebec investor files were processed more than twice as fast in Mexico as they were in the United Arab Emirates (UAE). As of January 2016, however, the CIC now
has the ability to move applications between visa offices around the world to ensure they are processed with maximum efficiency. This means your 2017 Quebec Immigrant Investor Program application may not be processed at the visa office
closest to where you live, but may be processed more efficiently. It also means there is no more country-specific QIIP processing times viewable online, as the CIC now only provides a single Quebec Investor Program processing time estimation for
Canada Investment Immigration for French Speakers
Business people who demonstrate advanced intermediate French language skills, by means of a standardized proficiency test recognized by
the Government of Quebec, can often apply for the Canadian Immigrant Investor Program year-round. In addition to being able to apply before
or after a designated intake period, investor candidates who speak French are also provided priority processing and are not subject to the
program cap of 1900 applications. The Quebec Investor Program 2017 is one of the most coveted citizenship by
investment programs in the World, and the additional benefits available exclusively to French speaking applicants make it by far the
top investment immigration program in existence for Francophone business people and managers worldwide.
Why a Quebec Immigration Lawyer?
Although there are many foreign consultants offering discount immigration services, retaining the services of a licensed immigration
attorney in Quebec has many advantages. First and foremost, the level of expertise related to Quebec investment immigration offered by
an experienced Quebec-based lawyer simply cannot be beaten outside of Canada. Foreign consultants typically offer a range of citizenship
by investment and investment immigration services in a variety of countries around the world, yet frequently outsource much of the
actual legal work required to outside contractors. Directly working with an immigration lawyer in Quebec that knows the Investor
Program inside and out ensures that your file will be highly optimized for success and that you will be guided through each step of
the process in a professional, effective manner.
Getting approved for a Canada investment visa by way of the Quebec Investor Program 2017 is not easy, and incomplete or inconsistent
applications can be refused without request for additional documentation or information. The application requirements for the
Investor Program in Quebec are more comprehensive than those of many Caribbean economic citizenship programs, and the requisite
documentation can easily overwhelm a person inexperienced with the process. One of the most rigorous and demanding elements of the
investor application is the detailed chronological narrative demonstrating the lawful accumulation of the applicant's financial
assets. An immigration lawyer in Quebec with extensive experience handling files for business immigration to Canada will genuinely understand the
immense level of detail needed to substantiate this critical QIIP provision comprehensively to procure a successful result
for the client. According to official statistics, 76% of applications for Canadian investor immigration are refused, which
means the success rate is only 24%. If you are serious about moving to Canada as an economic immigrant, we
strongly encourage you to hire an experienced Quebec investor immigration attorney. Please note: the 2017 acceptance rate is widely expected to
increase, as each qualified financial intermediary is now assigned a quota limiting the number of clients they can service, which will likely reduce
the number of "weak" applications being submitted.
How Many Applications From China Will Be Accepted?
The Quebec Government has specified that no single country should account for more than 70% of the program's applicants, and
consequently a maximum of 1330 applications will be accepted from China (including Hong Kong and Macao). This stipulation will
make it easier for non-Chinese nationals to be selected for processing since heavy demand from China will not be able to cap the entire
program as soon as the intake period begins.
Canada Citizenship by Investment
Individuals and families that immigrate to Canada by way of Quebec investor visa can eventually obtain Canadian citizenship
after living in the country for 48 months. To be eligible for citizenship in Canada, applicants must have been physically present in
the country as a permanent resident for a minimum 1460 days (four years) during the six years immediately before their citizenship
application is filed, provided all other required conditions are fulfilled. Once a permanent resident of Canada obtains Canadian
citizenship, they are eligible to apply for a Canadian passport. One of the most valuable travel documents in the World, 172 different
countries offer Canadian passport holders visa-free or visa-on-arrival access.
Since many Quebec investors end up becoming citizens of Canada, some people casually refer to the QIIP as a "Canada citizenship by
investment program." Although this is not an inaccurate description, many investment citizenship programs in Europe and the Caribbean
essentially allow people to buy citizenship with no residency requirement. Since you cannot buy Canadian citizenship through the Quebec Immigrant Investor
Program, the term "Canadian citizenship by investment" is a pretty big stretch given the
minimum four year residency requirement in order to become a citizen. "Canadian residency by investment" or "Canada immigration by
investment" are much more accurate descriptions of the QIIP.
How Does the Immigrant Investor Program Benefit Quebec?
Funding made available by the Quebec Canada Immigration Investor Program directly helps support small businesses in the province. Through Investment
Quebec, funds obtained under the QIIP provide subsidies to Quebec companies with net assets less than $35 million who are seeking
financial assistance with local projects. Over the past decade, Investment Quebec has supported the development of small and
medium-sized enterprises (SMEs) by authorizing financing grants of more than $500 million across all regions of Quebec, fueling job
creation and boosting economic development. Revenue generated by virtue of the Quebec Immigration Investment Program also funds the
Employment Integration Program for Immigrants and Visible Minorities (PRIIME), a strategic initiative that helps many new Canadians
enter the Quebec job market as tradesmen. In addition to the numerous economic benefits, the Immigrant Investor Program directly
contributes to the Province of Quebec, many people who gain admission to Canada as investor immigrants also end up opening successful
businesses in their communities, which further benefits the local economy.
Administration of Quebec Business Immigration
Under the Canada-Quebec Accord on Immigration, the Province of Quebec controls and operates its own immigration system including
establishing requirements and selecting candidates. Accordingly, all businessmen or businesswomen who intend to come to Canada as a
Quebec-selected investor must deal directly with the responsible provincial immigration office. The Quebec Immigrant Investor Program
is operated by the Ministère de l'Immigration, de la Diversité et de l'Inclusion (MIDI), and is administered by IQ Immigrants
Investisseurs Inc., a subsidiary of a Quebec government agency.
To learn more about Quebec investment immigration policy and legislation, you can visit the official Quebec immigration website
Investment Visa Canada Tax Consequences
Tax rules in Canada offer unequivocal advantages to many immigrants that can enable them to increase their assets more
efficiently. Canada does not have a wealth tax or inheritance tax, and individuals who are accepted for immigration to Canada through
Quebec's Investor Program have the opportunity to establish an offshore trust before moving to Canada, which can allow them to defer
paying income taxes for up to five years. Canadians enjoy more favorable income tax rates and corporate tax rates than residents of
most other countries in the West, and Canada has signed tax treaties with dozens of countries around the globe to avoid double
taxation of its citizens. Canadian citizens and Canada PR card holders who are considered a non-resident of the country for tax
purposes can also avoid paying tax on income derived from outside of the country. The law firm we work with exclusively has relationships with Canadian-based
international tax planning experts that can provide foreign investors with detailed information about the potential tax implications
of obtaining a Canada investment visa.
Can I Bring My Adult Children to Canada?
A few years ago the Government of Canada modified the country's Immigration and Refugee Protection Regulations, changing the definition
of "dependent child" to no longer include children 19 years of age or older who are studying full time. A dependent child is now
considered a child who is less than 19 years old and not a spouse or de facto spouse, or an adult child that is financially dependent
on their parents due to a mental or physical condition. To determine a child's status under the QIIP, ages are
"locked-in" on the date a business immigration file is submitted to the Quebec Government for selection.
Who Can Translate My Documents?
Any documentation required for investment immigration to Canada that is not in English or French must be accompanied by the accurate
English or French translation. Investment visa Canada applicants are not permitted to translate documents themselves, however, and
translations can also not be done by members of the applicant's family. Excluded family members include parents, grandparents,
siblings, spouses, guardians, common-law partners, children, aunts, uncles, first cousins, nephews, and nieces. In order to be
acknowledged by Canadian immigration authorities, the document translator must be a member in good standing of a Canadian organization
of translators and interpreters. Otherwise, the document must be accompanied by an affidavit sworn in the presence of a notary public
to be authentically translated by a linguist fluent in both English or French as well as the unofficial language. In Canada,
affidavits can also be sworn in the presence of a commissioner of oaths or a commissioner of taking affidavits.
Is Canada the Only Western Country to Offer Investment Citizenship?
An increasing number of Western countries are courting wealthy foreigners from the developing world with economic citizenship
programs. The United States has the EB-5 Green Card by investment program, while the UK Tier 1 Investor Visa and Australia Significant
Investor Visa (SIV) enable high net-worth individuals to obtain residency by investment in the respective country. There are a number
of European countries that offer citizenship by investment including Austria, Hungary, Cyprus, Bulgaria, and Malta. Greece, Spain, and
Portugal all have Golden Visa programs which offer EU residency through investment in property, and many other European Union countries
such as Latvia offer resident permits in exchange for foreign direct investment. There are also a variety of second passport by
investment programs in the Caribbean offered by poor island nations such as St Kitts and Nevis, Dominica, Antigua and Barbuda, and
When it comes to comparison shopping second citizenship by investment programs, however, no country in the World offers better value than
the Canada Investor Program, particularly if the prescribed investment is financed. The weak Canadian dollar has made the 2017 Quebec Investor Program even
more lucrative. In general, Canada offers superior
multicultural integration, a higher quality of life, lower crime rates, better hospitals and schools, larger wages, more prestigious
universities, cleaner air, a more powerful passport and valued citizenship, and a stronger economy. With a stellar reputation, no age
or language requirements, and a "walk-away price" of only ~$170,000 USD thanks to the loan option, the Quebec Investment Program simply
cannot be beaten by any other country.
Canada Dual Citizenship
There are no restrictions on dual citizenship in Canada. This means that participants in the Immigrant Investor Program that end up
qualifying for Canadian citizenship will not be forced by the Government of Canada to give up their current citizenship in order to
obtain a second passport.
Investor Visa Program Restrictions
The Immigrant Investor Program in Quebec has no restrictions on an applicant's language, education, nationality, or age, other than that
the principal applicant must be at least 18 years old. While many countries require a foreign national to speak English and be below a
certain age, such as 45, in order to qualify for an investment visa, Quebec investor class immigration applicants face no such constraints.
Consequently, immigration to Canada through investment is possible for anyone that satisfies all the standard citizenship by investment Canada criteria under the Quebec Investor Program.
Does Quebec Residency Fall Under Canadian Residency?
Yes, all residents of Quebec are also residents of Canada and therefore enjoy the same benefits as people living in other parts of the
country. One of these perks is the ability to move to and take up residence in any province in Canada, as guaranteed by the Canadian
Charter of Rights and Freedoms. There is no such thing as a Quebec residence card - individuals that immigrate to Canada under the
Quebec program for immigrant investors are given a Canadian PR card that is recognized from coast to coast.
Quebec Entrepreneur Program
Foreign nationals that do not meet the $1,600,000 net-worth requirement of the province's Investor Program may be interested in the
Quebec Entrepreneur Program. Only requiring net assets of CAD $300,000 as well as two years of experience running a business, the
Entrepreneur Program provides a path for fast Canadian immigration to foreigners who create or acquire a business in the province. There
are two main distinctions between the Entrepreneur Program and the Investor Program in Quebec. First, the Quebec program for
entrepreneurs only admits people to Canada under a conditional visa that requires the applicant to actively manage a qualifying local
business. Not only does the entrepreneur have to own and control at least 25% of the company's capital equity with a value of at least
$100,000 CAD, they must also regularly report to immigration authorities as they work to fulfill all the qualifying business
conditions. The Canadian investor visa available through the QIIP, on the other hand, contains no such conditions whatsoever and does
not stipulate any special obligations once landed in the country. Second, applicants with senior management experience that does not
include ownership do not qualify for Quebec business immigration under the entrepreneur stream, while similar experience may make them
eligible under the investor stream. Entrepreneur Program Quebec applicants must also defend a business plan during their selection
interview, which involves outlining the relevancy and feasibility of the project to immigration authorities. Please note: the Canada
Entrepreneur Program and Federal Investor Program have been terminated - only their Quebec counterparts remain active.
Immigrant Investor Program Quebec Required Documents
The Quebec Application for Selection Certificate requires an extensive amount of documentation be submitted to support the
investor file. All documents must be submitted in their original language and must be in the correct format. Documents submitted in
a non-conforming format may result in the rejection of an investor application or the return of the document to the sender. All
certified true copies and photocopies must be of excellent quality or immigration authorities could deem them inadmissible. Certified
true copy documents require an authorized person, such as a notary public, to compare the original document to the photocopy. The
authorized notary must then print on the copy "I certify that this is a true copy of the original document" along with their name, official position or title, signature,
name of the original document, as well as the date of the certification. The applicant is totally responsible for the truthfulness and
accuracy of all information and documents submitted in support of their application, including any documentation provided on their behalf
by an authorized person. Please be advised that immigration authorities in Quebec may independently verify the accuracy of information
provided on investment immigration applications with third parties. Any false or misleading information given in relation to Canadian
immigration for investors is an offense under the law, and the applicant may be liable to a fine, refusal or rejection, or even the
cancellation of their Quebec Selection Certificate (QSC).
The following documents are required as part of a Quebec Immigrant Investor Program application. Forms, declarations, investment
agreements, and appendices must bear original handwritten signatures.
Section 1 - Quebec Selection Certificate application documents:
- Payment of fees charged to examine an application (original)
- Application for Selection Certificate (original)
- Declaration on Common Values of Quebec Society (original)
- Declaration by spouse or de facto spouse (original)
- Investment agreement signed with authorized broker or trust company (original)
- Power of attorney with respect to financial transactions (photocopy)
- Declaration by the broker or trust company with respect to identity checks and monetary due diligence (original)
- Detailed narrative written in signatory's mother tongue for principal applicant as well as spouse (original)
Section 2 - Power of attorney documents:
- Power of attorney mandate duly completed by applicant and legal representative (original)
- Authorization to communicate personal information (original)
Section 3 - Identity and civil status documents:
- Valid passport from country of birth, and any other country where citizenship is held including second passport
jurisdictions. Required for main applicant, spouse, and all dependent children, and must include all pages in the passport, even
blank ones (photocopy).
- National identity card(s), front and back, for principal applicant and spouse (photocopy)
- Birth certificate of all persons included in investor file (photocopy)
- Family booklet or household register of all persons (photocopy)
- Marriage certificate if applicable
- Spousal proof documents: mortgage or lease bearing both names, joint bank account statements, utility bills, etc. (photocopy)
- Divorce certificate if principal applicant or spouse were previously married (photocopy)
- Official adoption papers of dependent child if applicable (photocopy)
- Official change of name documents of any person included in the investor file if applicable (photocopy)
- Recent passport size photo of principal applicant, spouse, and all dependent children (original)
- Declaration of parental consent authorizing child to immigrate to Canada. This document must be made before a judge, officer of the
court, government employee, notary, diplomat or consular representative from country of citizenship, or a magistrate, and must include
their signature and professional seal (original).
- Signed identity item of non-accompanying parent, if declaration of parental consent for permanent immigration of child is authorized
by a non-accompanying parent (photocopy)
- Court judgment or certificate indicating the exclusive assignment of child's custody rights to accompanying parent if
- Death certificate of parent of dependent child if applicable (photocopy)
- Medical certificate attesting to adult child's physical or psychological incapacity if applicable (original)
Section 4 - Selection criteria documents:
- Diploma or certificate obtained by principal applicant from public or private education institution recognized by the
Government (certified true copy)
- Transcript corresponding to educational diploma or certificate submitted (certified true copy)
- Attestation of recognized French test results or recognized diploma in French for principal applicant, which results in priority
treatment under the Quebec Investor Program 2017. Recognized tests for demonstrating intermediate-advanced level French including TEF, TEF
Canada, TCF, TCFQ, and TEFAQ (photocopy).
- Attestation of IELTS test results (photocopy)
- Previous Quebec study permits, work permits, tourist or business visas, or passport stamps/airline tickets confirming previous
visits to Quebec by principal applicant or spouse (photocopy)
- Birth certificate, Quebec health insurance card, and Canadian passport or PR card of any family in Quebec of either principal
applicant or spouse (photocopy)
Section 5 - Declared net worth documents for principal applicant and spouse:
- Bank statements for bank accounts (chequing and/or savings) covering all banking transactions for at least the last 12
- Statement of securities account issued by the Central Securities Depository indicating all stocks and bonds held on the last day of
the last three complete fiscal years (original)
- Statement of securities transactions endorsed by a securities broker covering the last three complete fiscal years (original)
- Attestation from financial institution indicating the current value of all term deposits, guaranteed investment certificates, mutual
funds, and treasury bills (photocopy)
- Insurance subscription agreements including documentation issued by financial institution confirming cash surrender
- Any documents issued by a financial institution establishing other valuables declared in the investor immigration application such
as warranty bonds or pension funds, including their acquisition cost (photocopy)
- Final purchase agreement, title deed, and registration in official cadastre (where applicable) of any residential or commercial
property including land (photocopy)
- Professional valuation report for property holdings prepared by an accredited natural or legal person indicating separately the
value of land and the value of buildings. Real estate valuator must hold a license from competent authority, and report must
describe all sources of data as well as valuation methodology (original).
- Proof of payment of purchase price of real estate as well as any taxes. Receipt must include purchase date (photocopy).
- Additional purchase agreements reflecting full purchase price transacted between parties, if property was bought or sold in a
country where documented real estate purchase prices are based on government valuations that differ from fair market value (such as
Vietnam, India, Iran, etc.) A written declaration indicating the effective purchase amount can also suffice (photocopy).
- Personal credit report issued by a public credit registry such as the People's Bank of China, or if no public registry exists
a private credit registry such as TransUnion, Equifax, or Experian. This personal credit report should list all short-term and
long-term financial liabilities such as bank loans, mortgages, lines of credit, credit cards, etc. (original)
- Wealth tax returns endorsed by official tax office, applicable in countries where this exists such as India and Kenya (photocopy)
Section 6 - Management experience documents
- Relevant documentation attesting to principal applicant's performance of duties related to the management, planning, and control of
material or human resources as well as financial resources under his or her authority (photocopy)
- Declaration of employees to public agency endorsed by issuing authority, such as social security office, or employer's public
liability insurance (photocopy)
- Certificate or work attestation for each work period and each management job for which applicant drew compensation that contributed
to their current savings, assets, or investments (photocopy)
- Any management contract or employment contracts (photocopy)
- Personal income documentation in the name of principal applicant or spouse, endorsed by appropriate government authorities such as
tax office, employment insurance, or pension fund. Income amounts must match personal income declared in narrative document of
investor application (photocopy).
- Personal income tax returns for principal applicant or spouse including all schedules and receipts for payment, endorsed by
official tax office (photocopy)
- History of social contributions by main applicant or spouse, especially any made to a pension fund (original or certified
Section 7 - Corporate documents for principal applicant or spouse:
- Registration certificate with the Registrar of Companies or its equivalent, and if applicable any extracts from business
publications confirming the registration of business (photocopy)
- Tax registration certificate or card of the corporation (photocopy)
- Recent extracts from the Registrar of Companies or its equivalent (photocopy)
- Partnership agreements, articles of association, joint venture contracts, corporate by-laws, or memoranda of association
agreements, including any amendments (photocopy)
- Documents supporting the transfer of funds invested in the corporation, such as relevant bank extracts (photocopy)
- Bank certificates on share capital investments. If applicable, include audit reports on capital prepared by an independent outside
- Prospectus prepared for initial public offering (IPO) if company is listed on a stock exchange (photocopy)
- Annual reports covering at least the last five complete fiscal years if publically traded company (photocopy)
- For companies with one or more subsidiaries or a partnership, reports on the review engagement on financial statements or
consolidated financial statements. The reports must contain a balance sheet, cash flow statement, profit and loss statement, and
statement of retained earnings for each year. Accounting information must include a full breakdown of balance sheet items, revenue
by business line, operating costs and administrative costs such as payroll, nature of activities, range of products offered, address
of all business locations, organizational structure, existence of inter-company loans including their nature and recoverability,
existence of company sales or loans with related parties, ownership and use of buildings valued on the books, and tax regime that
applies to company. Additionally, reports should include accounting methodology and principles used to determine value of
inventory, identification of fixed assets, and annual amortization of assets by category (original).
- Alternatively to the above, audit reports on financial statements accompanied by external documentation from competent authorities
such as the credit bureau will suffice to support the legality of activities as well as the financial performance of incorporated
- Corporate income tax Notice of Assessment or NOA (photocopy)
- Alternatively to the above, corporate income tax returns and payment receipts with all schedules endorsed by tax office (photocopy)
- Corporate banking statements if requested in writing by Immigration Quebec (original)
- Corporate credit report issued by public credit registry such as central bank, or private credit registry such as
Equifax or TransUnion (original)
- Income statement (profit and loss) if the company is a sole proprietorship (original)
- Detailed appraisal report of sole proprietorship showing net worth (original)
- Bank account statements used by sole proprietorship if requested in writing by Immigration Quebec (original)
Section 8 - Inheritance and donation documents:
- For donations, identification of donor and proof of their financial capacity to make such a donation, as well as the legal original
of the funds (photocopy)
- For donations, documents attesting to the transfer of goods or funds received, such as transfer of property deed or proof of bank
- For inheritances, certificate of death as well as notarized will or court judgment confirming the nature of the
inheritance. Documents attesting to the transfer of funds or assets to the heir are also required (photocopy).
While the Quebec Immigrant Investor Program document checklist is clearly extensive, a legal team will work alongside clients to
ensure they can procure all necessary documentation in the easiest manner possible. Our partner law firm is entirely committed to the success
of their clients, and will help guide them in an effective manner through each step of the investment immigration process.
If you are interested in Canada investment immigration under the Quebec Investor Program, contact us today for a private consultation.