Quebec Immigrant Investor Program
The QIIP is a passive investment immigration program designed for experienced business individuals who wish to obtain permanent residency in Quebec, Canada. The program reopened on January 1, 2024, with updated requirements.
Eligibility Criteria
To qualify for the QIIP, applicants must meet the following conditions:
Net Worth
Possess a legally acquired net worth of at least CAD $2,000,000. This amount can be shared with a spouse or common-law partner included in the application. Donations received within six months prior to the application are excluded. Applicants must demonstrate the lawful origin and accumulation of their net worth.
Management Experience
Have at least two years of management experience within the five years preceding the application. Experience in sectors such as payday loans, check cashing, or the sex industry is not accepted.
Education
Hold a diploma equivalent to at least a secondary school diploma in Quebec, obtained before the application submission.
French Language Proficiency
Demonstrate spoken French proficiency at Level 7 on the Échelle québécoise des niveaux de compétence en français. Accepted tests include TCF, TEF, DELF, or DALF, with results less than two years old at the time of application.
Investment and Financial Contribution
Enter into an investment agreement with a financial intermediary authorized by the Quebec government. Within 120 days of the Ministère's request, make a five-year-term investment of CAD $1,000,000 (guaranteed by the Quebec government), and a non-refundable financial contribution of CAD $200,000 to Investissement Québec – Immigrants Investisseurs Inc.
Residency Requirement
After obtaining a work permit, reside in Quebec for at least 12 months within two years: The principal applicant must reside for a minimum of six months. The remaining six months can be completed by the applicant or their spouse/common-law partner.
Attestation of Learning
Obtain an attestation of learning about democratic values and Quebec values within 60 days of the Ministère's request. This requirement also applies to accompanying family members aged 16 or older.
Application Process
Preparation and Documentation
Complete the Application for Permanent Selection – Investors Program and the Narrative Document. Gather supporting documents, including proof of net worth, management experience, education, and French proficiency. Ensure all documents are in French or English; otherwise, provide certified translations.
Sign Investment Agreement
Enter into an agreement with an authorized financial intermediary participating in the QIIP.
Submit Application
Mail the complete application package, including forms, documents, and payment, to the Ministère de l’Immigration, de la Francisation et de l’Intégration (MIFI).
Application Review
MIFI reviews the application for completeness and compliance with program requirements. An interview may be scheduled to verify information and assess French proficiency.
Investment and Contribution
Upon approval, fulfill the investment and financial contribution requirements within 120 days.
Work Permit and Residency
Receive a notice of intent to select from MIFI. Apply for a work permit from Immigration, Refugees, and Citizenship Canada (IRCC). Complete the 12-month residency requirement in Quebec.
Quebec Selection Certificate (CSQ)
After meeting residency and other conditions, obtain the CSQ.
Permanent Residence Application
Apply for permanent residence to IRCC, including medical and security checks.
Minimum CAD $2,000,000 (legally acquired).
CAD $1,000,000 (5-year term, refundable) and CAD $200,000 (non-refundable contribution).
2 years in the last 5 years in a legal business or professional activity.
Minimum equivalent of Quebec secondary school diploma.
Oral French at Level 7 (Échelle québécoise or equivalent TEF/TCF/DELF/DALF).
12 months in Quebec (at least 6 months by principal applicant) before CSQ is issued.
Mandatory learning about Quebec values for applicants 16+.
Spouse/common-law partner & dependent children (<22 or dependent by condition) can be included.
Key documentation for your QIIP application:
Applicants must provide:
Supporting documents for family members:
Application Details
Below are the fees, investment details, and processing timeline for the Quebec Immigrant Investor Program.
Principal applicant: CAD $17,875. Spouse/common-law partner and dependent children: No additional fee.
CAD $1,000,000 (refundable after five years, without interest). CAD $200,000 (non-refundable). Payment by Canadian postal money order or bank draft to the Minister of Finance of Quebec.
Provincial Stage (CSQ issuance): 9–12 months. Federal Stage (Permanent Residence): 3–4 years, may vary.
Who can you include? Important notes for applicants
Spouse or common-law partner and unmarried children under 22 years old can be included. Children over 22 may be included if financially dependent due to physical or mental condition.
French proficiency is mandatory. Fulfillment of the 12-month Quebec residency is essential before obtaining the CSQ.
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