According to internal sources, the 2017 Quebec Investment Immigration program may restart around April. With the application fees increasing, it is essential to seize this limited opportunity and not miss out again! Remember, if you miss it once, you will have to wait a year!
The Quebec Investment Immigration Program is expected to officially open on April 1, 2017.
Statistics from the Quebec Ministry of Immigration (MIDI) confirm that as of now, the Quebec Investment Immigration program has received 1,200 applications for the 2016 quota. Due to the increase in application fees on January 1, 2017, it is anticipated that there may be a surge in submissions in the week before the Christmas holidays. According to statistics, 1,800 applications were reviewed in 2016, with 900 approvals. Excluding some special cases that were abandoned or closed, the official approval rate is approximately 69%, which is very close to the target approval rate of 70%!
The new round of interviews will start at the end of January 2017, with 90% of the interviews scheduled in Montreal, and possibly 10% in Kuala Lumpur to address special circumstances. Currently, it is predicted that there will not be any policy adjustments regarding the quotas for the 2017 Quebec Investment Immigration program, and it is expected to officially open on April 1.
Application fees will increase on January 1, 2017.
Recently, the Quebec Immigration Bureau announced an increase in application fees for various types of visas, effective January 1, 2017. Among them, the application fee for investment immigration has been directly raised to CAD 15,111! The application fee for Quebec investment immigration has been on the rise in recent years, from CAD 4,150 in 2012, CAD 10,160 in 2013, CAD 15,000 in 2015, to CAD 15,111 in 2017. Although the increase is not significant, applicants should pay attention to submit their applications according to the new standards.
The Quebec Investment Immigration Program, which has a history of nearly 30 years, has seen a trend of increasing application fees in recent years. Will the investment amount also increase?
Increase or not? Seize the golden opportunity!
As the most cost-effective investment immigration program in Canada, Quebec Investment Immigration has always been highly sought after, requiring no business operation, no language, no education, and no age requirements to obtain a permanent resident card. Applicants are only required to have at least CAD 1.6 million in legal personal assets and at least two years of management experience within the five years prior to applying. Additionally, Quebec investors can choose to invest CAD 800,000 with the government, which will be returned after five years, or make a one-time payment of CAD 220,000, which is non-refundable.
In September 2016, the Quebec Ministry of Immigration (MIDI) held a tripartite meeting. Several important pieces of information regarding investment immigration were shared, including the change of the interview location from Hong Kong to Montreal.
On the other hand, the investment amount for Quebec investment immigration may significantly increase in the future. Currently, the application fees have increased first, which seems to provide a certain hint...
With the rise of the Liberal Party, immigrating to Canada has once again become a popular choice for many. The reopening of the Quebec Investment Immigration program naturally attracts the attention of numerous investors. After the reopening of 1,200 quotas at the end of August 2015, they were quickly filled. In 2016, the reopening increased the quota to 1,330, which was also snatched up within two months. It is believed that 2017 will also be very popular.