The Québec Investor Program is the sole option for business immigrants with a high net worth wishing to secure Canadian permanent residence on the basis of a passive investment. Individuals selected under the program’s auspices – who along with their spouse must have a legally acquired personal net worth of CAD$1.6 million – are not required to establish or actively manage a business in the province. Rather, the program requires an investment of CAD$800,000 into a prescribed government-guaranteed investment for a period of 5 years bearing no interest.
Applicants, who must possess two years of suitable management or business experience within the 5 years preceding the application, must have the intention of settling in the French-speaking province of Québec. Successful applicants are issued a selection certificate, which allows them to obtain Canadian permanent residence following medical and security examinations by Federal immigration authorities.
Looking for a steadily top-rated country ranked among the best in the world in terms of quality of life, education, civil liberties, government transparency, and economic freedom? You have chosen right – Canada is not only a stable contestant in all those categories, it is also diverse and rich in society, history, and nature. And, for many, it is the country that for years shaped the immigrant investor map.
Investors and their family members who have lived in Canada for three out of four years (1,095 days) preceding the application, have adequate knowledge of English and/or French, have no criminal record and have acquired knowledge of the rights and responsibilities of citizenship, as well as an understanding of Canada’s history, values, institutions and symbols, are eligible to apply for citizenship.
Canada Residency – Benefits
Canada is located in northern North America, bordering the North Atlantic Ocean on the east, the North Pacific Ocean on the west, and the Arctic Ocean on the north, north of the conterminous US.
The country’s population is approximately 36 million.
English (official) 58.7%, French (official) 22%, other 19.3%.
The climate in Canada is varies from temperate in the south to subarctic and arctic in the north.
The capital of Canada is Ottawa.
Eastern Time Zone UTC-5:00, Central Time Zone UTC-6:00, Mountain Time Zone UTC-7:00, Pacific Time Zone UTC-8:00.
Canada is one of the wealthiest states of the world, with a gross domestic product (GDP) of about US$1.8 trillion, ranking 14 worldwide and representing 2.88% of the world economy. In purchasing power parity, Canada is up to US$1.6 trillion, putting it in 14th place. Currency is the Canadian dollar.
Will I be liable to any taxes in Canada?
Canada does not have a death tax or an estate inheritance tax.