Quebec has always been favored by Chinese immigrants in Canada’s provincial nomination investment immigration program. The reasons are primarily the mature operation and developed economy of Quebec’s investment immigration.
In terms of the program, firstly, the Quebec investment immigration program is a mature program that has been operating for a long time among all provincial nomination programs in Canada, with stable policies. Additionally, Quebec’s investment immigration has a lenient attitude towards the application conditions for applicants, requiring only 2 years of business management experience in the past 5 years, resulting in a consistently high success rate.
Moreover, economically, Quebec is the second wealthiest region in Canada, with its economic development consistently ranking among the top in the country. Montreal, located within Quebec, is Canada’s second-largest city and serves as the financial and industrial center of the country. Established in 1817, the Bank of Montreal is the third-largest bank in Canada. In Canada, the Bank of Montreal is one of the largest credit card service providers. Furthermore, the bank holds the largest share of trade merchants in Canada, currently serving 60% of Canadian trade merchants, with its POS transaction volume ranking second.
Montreal is home to thousands of manufacturing enterprises, with traditional industries such as clothing, tobacco, food, textiles, and wood playing significant roles. The steel, locomotive, machinery, chemical, aircraft, and electrical sectors are also highly advanced and developed. Data indicates that Quebec’s design industry generates $1.18 billion in economic revenue, creating 31,173 job opportunities, while the Greater Montreal area alone accounts for over $75 million in economic revenue and 20,356 job opportunities, gathering 65.3% of the nation’s design workforce.
Quebec is also home to Canada’s most prestigious McGill University, established in 1813, which is often referred to as the “Harvard of Canada.” McGill is the only university in Canada that can be compared to the University of Toronto. The renowned physicist Rutherford discovered the structure of the atom at McGill, which brought the university significant recognition in Europe and North America. Additionally, McGill’s medical school is top-ranked in Canada and is a dream destination for countless students. The high level of academic research at McGill can be compared to that of the Ivy League schools in the United States, earning it the title of “Harvard of Canada.”
For a resource-rich, economically developed province like Quebec, which also has relatively lenient immigration policies, despite the increase in net assets and investment amounts for investment immigration since December 1, 2010, it remains a popular provincial nomination project among Chinese investment immigrants.
