Canada Announces Reopening of Quebec Immigrant Investor Program

Canada Announces Reopening of Quebec Immigrant Investor Program

Canada announces the reopening of the Quebec Immigrant Investor Program. Find the best immigration news on the official website of Worldway Immigration.

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The Quebec Immigrant Investor Program in Canada will reopen from September 8, 2014, to September 19, 2014, with no changes to the application requirements (an investment of 800,000 CAD and a net worth of 1.6 million CAD). From April 1, 2014, to March 31, 2015, the global quota for the reopened Quebec Immigrant Investor Program is 1,750 applications, with a maximum of 1,200 applications accepted from any single country.
 
The submission period for applications is from September 8, 2014, to September 19, 2014 (if the first round of applications does not reach the quota, a second round may be held from December 1 to December 12, 2014).
 
This reopening of the Quebec Immigrant Investor Program will continue to use the same format as the August 2013 reopening—a lottery system.
 
All application documents must be submitted via regular mail. Courier-delivered documents will be returned. Only one application may be submitted per applicant; duplicate submissions will result in rejection.
 
Applicants with advanced French proficiency are exempt from the quota and may submit their applications at any time.
 
Starting April 1, 2014, the Quebec Skilled Worker Program has a quota of 6,500 applications; the Quebec Entrepreneur Program and the Self-Employed Worker Program will also reopen on April 1, 2014, accepting a maximum of 500 applications, excluding applications under the Quebec Experience Program.
 
Following the opening of the Quebec Immigrant Investor Program last year, the Quebec Immigration Office in Hong Kong received over 2,800 applications from China within the first week alone. After the Canadian federal government suddenly announced the termination of the Federal Immigrant Investor Program, there was a backlog of 57,308 applications from Chinese applicants. The reopening of the Quebec program is undoubtedly very positive news for Chinese applicants still awaiting approval, and it is expected that the Quebec Immigrant Investor Program will be "snapped up" instantly.

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