QIIP Program
Quebec Immigrant Investor Program (QIIP)
Basic requirements in order to qualify as an Investor for QIIP:
1. The net assets: CAD $2 million proven acquired legally;
2. Investment: CAD $1.2 million;
3. 2 years of business management for the last 5 years.
Procedure:
- The investment must be for a 5-year term with a subsidiary of Investissement Quebec.
- The investment agreement must be made through a financial intermediary authorized to participate in the QIIP.
- The new intake period is expected to commence September 10, 2018
We help with:
- File review upon reception of initial applications – Background Due-Diligence;
- Initial Report send to your attention covering Source of Funds and Personal details;
- If the file is deemed complete, attribution of a Unit from the Broker;
- Case filing as the Representative to the QIIP Authority;
- Interview: Preparation for the Applicant/Attendance with the Applicant/In-depth Report;
- Obtaining of the Nomination Certificate;
- Pre-Arrival Tax planning Session with certified Planner/Lawyer;
- Submission of the Federal PR package for Client and Family.
EXAMPLE of The Brokered FINANCING OPTION
Legal fees (QIIP): $50,000 (50% refundable if the case is not filed)
Processing fees (Bank draft to Minister of Finance of Quebec): $15 235
Deposit to the Broker upon case submission (Full refund if not approved): $15 000
Remittance to the Broker upon Approval: $305 000
Legal fees (PR): $15,000 (including Federal Processing fees for up to 4 family members).
Bigger size families processed based on Family composition.
EXAMPLE of SELF-FINANCING OPTION
Legal fees (QIIP): $80,000 (50% refundable if the case is not filed)
Processing fees (Bank draft to Minister of Finance of Quebec): $15 235
Investment Deposit to the QIIP: $1 200 000 (refundable in 5 years)