Quebec Investor / Immigrant Investor Program (QIIP)

The Quebec Immigrant Investor Program (QIIP) is Quebec’s business-immigration pathway that allows high-net-worth individuals to obtain permanent residence by making a passive investment. After a temporary pause, Québec has officially reopened its investor program with revised rules.

What Happened to the Program (Pause & Relaunch)

• The original investor program was suspended by Québec between 2019 and 2024, citing concerns about program integrity, low retention, and other issues. 
• As of 2024, Québec has relaunched the program under a reformed structure, imposing stricter financial, language, and residency requirements.

Eligibility Requirements

Applicants must meet several rigorous criteria under the new rules:

• Net Worth: At least CAD $2,000,000, legally acquired (individually or jointly with a spouse).
• Management / Business Experience: At least 2 years of management experience in the past 5 years in a qualifying business or professional capacity.
• Investment: A passive investment, typically CAD $1,000,000 with Investissement Québec via an approved financial intermediary. Additionally, there may be a non-refundable contribution (for example, ~$200,000) depending on the financing option.
• French Language Proficiency: Applicants must demonstrate oral French skills (listening & speaking) at a required level (e.g. B2 / Québec scale).
• Intention to Reside in Québec: Applicants must intend to settle in Québec and fulfill Québec residency requirements.
• Educational Minimum: A minimum of a high school diploma or equivalent is usually required.

Why Legal Advice Matters

Because the reformed program is strict and intricate, legal or immigration counsel is very important to:

• Validate and document the source of wealth
• Ensure compliance with Québec’s language, investment, and residency rules
• Guide through both provincial and federal steps
• Avoid errors that can lead to refusal