On June 24, 2011, the Canadian Ministry of Immigration announced a limit of 700 investment immigration applications for the following year. However, the Quebec Immigration Department has extended a warm welcome to investment immigration. On June 27, 2011, it was decided to increase the number of immigration officers in the investment immigration offices in Hong Kong and Montreal by 15, which is expected to increase the number of applications processed by approximately 50%. According to statistics, Quebec has reviewed 1,660 applications from January to May of this year.
The current investment amount for Quebec investment immigration is the same as that for federal investment immigration, both requiring a full investment of 800,000 Canadian dollars. Quebec's approval speed for investment immigration has always been faster than that of the federal government, attracting a large number of Chinese investment immigrants. Last week, the Ministry of Immigration announced that starting from July 1, it would only accept 700 applications for the entire year. Just a few days later, Quebec announced an increase in personnel to handle applications, which is bound to attract more Chinese investment immigration applicants.
According to statistics, from January to May of this year, Quebec received a total of 719 investment immigration applications, of which 60% came from Asia, with 437 applications, 90% of which were from Chinese applicants. Additionally, regarding interview requirements, the interview waiver rate for applicants from Asia is 19%.
Regarding the applications that have been reviewed, Quebec has completed 1,660 applications from January to May this year, of which 51 applications have been raised to the investment amount of 800,000 dollars.
In addition, the Quebec Immigration Department has announced that starting this fall, there will be some changes to the application process, including requiring applicants to pay a deposit to the financial intermediary before submitting their application, currently set at a minimum of ten thousand dollars.
