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  • PROFILE
    • Immigration Attorney Profile – Colin Singer is an experienced authority on all aspects of Canadian immigration.
    • Authorized by the Government of Canada – Colin Singer has been a licensed immigration lawyer in good standing with a Canadian Law Society for over 25+ years.
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    • Attorney Colin R. Singer

      Colin R. Singer is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years.

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              Quebec Immigrant Investor Program A Stable Alternative to US EB-5 (Audio)

              by Colin R. Singer / Monday, 23 January 2017 / Published in 2017, 2017, Canada Immigration News Articles, Provincial News Articles, Quebec Investor Program

              Article Audio:

              January 23, 2017 – With uncertainty surrounding the future of the US EB-5 under Donald Trump, Quebec is about to open applications for its popular investment immigration program.

              The Quebec Immigrant Investor Program (QIIP) offers a stable and well-administered alternative to the EB-5, which has been beset with problems relating to fraud, manipulation of so-called Targeted Employment Areas (TEAs) and an ever-growing backlog of applications.

              Quebec is expected to maintain the QIIP investment threshold at CAD$800,000, putting it among the cheapest permanent residence programs on the market. This comes as the US looks likely to increase the lower EB-5 threshold to US$800,000 under recent proposals tabled in Congress.


              QIIP Requirements

              • Legally acquired personal net worth of $1.6 million.
              • Two years of suitable management or business experience within the five years preceding the application.
              • Make investment of $800,000 for a period of five years bearing no interest. Money invested is returned at the end of the period.
              • Intend to settle in the province of Quebec.

              The QIIP program has not undergone an increase in investment requirements in more than a decade.  Stakeholders expect the current program to remain unchanged for at least another cycle.

              The EB-5 has likewise not seen an increase in requirements since inception in 1990.  Since then the program has undergone several temporary extensions as U.S. lawmakers try to reach a consensus on what they want to do with the popular-but-controversial program.

              Many expect President Trump to support the program, given the billions of dollars of investment it has attracted to projects across America. But there has been no indication yet on what Trump will do, meaning uncertainty is the buzz word among potential candidates.

              The draw of moving to Canada, the relatively low investment requirement and the stability of that investment make the QIIP one of the world’s most appealing programs for high net worth individuals.


              Get Expert Representation

              Only Quebec-based immigration lawyers can represent candidates for the QIIP.  For a free assessment to determine whether you qualify, click here.


              In July 2016, Demetrios Papademetriou of the Migration Policy Institute described the QIIP as ‘among the most generous’ of the world’s investment programs, particularly among top tier nations.

              He is not surprised that investors opt for Canada despite similar schemes in the U.S., the U.K., France and Australia.

              The EB-5 is currently cheaper, but the $500,000 investment requirement has to be made without financing in often-risky, start-up projects which can fail and candidates can lose their investment and with it their residency option.


              Tier 1 Program Comparatives

              ProgramInvestment requirement
              (CAD in brackets)
              Notes
              Quebec$800,000
              • Applicant must have $1.6m net worth.
              • Immediate permanent residence.
              • Investment returned without interest after 5 years.
              • Popular financing requires a cash outlay of $220,000.
              USAUS$500,000 ($652,790)
              • Investment in a risky endeavour creating at least 10 jobs.
              • Immediate temporary residence, apply for permanent residence after 2 years.
              UK£2m ($3.5m)
              • Investment in government bond or stocks.
              • 3 year residence can be extended to 5 years.
              • Possible permanent residence. Investment cannot be in real estate.
              AustraliaAUD$1.5m ($1.5m)
              • Applicant must have $2.25m net worth.
              • Applicant must be under 45 years of age.
              • Must speak English and have business experience.
              New Zealand$1.5m ($1.4m)
              • Investment in 5-year government bond.
              • Applicant must be under 65 years old.
              • Applicant must prove they will settle in country.
              France€10m ($14.4m)
              • Investment in business.
              • Investor can stay for up to 10 years.
              Germany€1m ($1.44m)
              • Investment must create 10 jobs.
              • Applicants must have health insurance.
              • After 5 years, permanent residency possible
              • provided applicant can speak German.

              QIIP is controversial within Canada because many of the investors choose to live in Vancouver or Toronto, despite stating their intention to settle in Quebec as part of the application process.

              The QIIP is also controversial in the rest of Canada because many of the immigrants who come in through the program end up settling in Vancouver and Toronto, despite declaring their intent to reside in Quebec as part of the application process.

              Experts suggest this is one of the reasons for the inflated housing markets in both major cities, particularly the West Coast giant.

              Critics say Quebec should not be benefitting financially from the program if the immigrants given permanent residency do not settle in the province.

              Quebec says it has attempted to slow the movement of immigrants out of the province, first by introducing the declaration to reside rule, and also by focusing on French-speaking applicants.

              Interested employers: Kindly contact us here to receive further information.

              Interested candidates: Find out whether you qualify to Canada by completing our free on-line evaluation. We will provide you with our evaluation within 1-2 business days.

              Read more news about Canada Immigration by clicking here.


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              Quebec Investor

              • How do I Qualify for the Quebec Immigrant Investor Program (QIIP)?
              • How Much Does It Cost to Immigrate to Canada Through Quebec Investor Program (QIIP)?
              • How Many Applications Does the Quebec Immigrant Investor Program (QIIP) Receive Each Year?

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              What You Can Read Next

              How Many Immigrants Come to Canada Each Year?

              How Much Money Do I Need To Study In Canada As An International Student?

              13 December 2019 By Colin R. Singer in 2019, Canada Immigration News Articles, Canada Study Portal, Immigration, Study News
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              Quebec Manufacturing Industry Facing Chronic Shortage Of Nearly 20,000 Jobs

              13 December 2019 By Colin R. Singer in 2019, 2019, Canada Immigration News Articles, Quebec-news
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              12 December 2019 By Colin R. Singer in 2019, 2019, Ontario Immigration, Ontario-news
              Ontario Immigration Reaches 2019 Nomination Allocation, Then Receives 700 Extra Spaces

              Ontario Immigration Reaches 2019 Nomination Allocation, Then Receives 700 Extra Spaces

              12 December 2019 By Colin R. Singer in 2019, 2019, Canada Immigration News Articles, Ontario Immigration, Ontario-news
              Canada Passes 80,000 Invitations For 2019 In New Express Entry Draw

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              11 December 2019 By Colin R. Singer in 2019, Canada Immigration News Articles, Express Entry

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