According to the Official Gazette submitted on July 18th, 2018 by the Government, the Quebec Immigrant Investor Program is set to re-open. The eligibility requirements will require $2,000,000.00 CAD in net worth, between the principal applicant and his/her spouse.
The program is set to open Monday September 10th, 2018 and will be closing March 15th, 2019.
There are TWO (2) investment options:
- Term deposit: $1,200,000.00 CAD locked away for FIVE (5) years guaranteed by the Province of Québec, which has a Moody’s credit rating of AA2.
2. Financing option: An investor can use the credit facilities of an authorized broker or trust company to secure the maximum loan. This will be a single payment to cover the total cost of the loan at the time of acceptance into the Program.