On November 8, 2023, the Quebec Immigration Department of Canada announced the latest immigration reform plan.
Among them, in addition to determining the expected number of immigrants accepted in 2024-25 at 50,000, the application requirements and implementation time of the much-watched Quebec investment immigration were also announced.
Quebec Immigration Plan for 2024 and 2025
The Quebec** program immigration target remains at 50,000 per yearThese include skilled workers, family reunification and refugees.
In addition, I greet separately6,500 peoplePassedPEQ category for newcomers,andApproximately 6,000 peoplePassedQuebec Immigrant Investors, Quebec Entrepreneurs, and Self-Employed Newcomers to Quebec.
The majority of Quebec's immigrants will come from the economic immigration category, which will remain at 31,950 between 2024 and 2025.
Economic migrants, mainly skilled workers, will have a quota of 30,650 in 2024 and a slight increase to 31,500 in 2025. The number of places in the Business category will increase from 1,250 in 2024 to 1,450 in 2025.
The level of immigration for the family category will remain at 10,400 per year.
The Quebec Immigrant Investor Program will resume on January 1, 2024
The Quebec Immigrant Investor Program (PIIQ) will reopen on January 1, 2024, and the program requirements after the reopening are as follows:
Management Experience:Applicants need to have been present before submitting their applications5 years, with at least2 yearsManagement experience that meets the requirements. Asset requirements: The legal net worth of the individual or family must be reached$2,000,000Educational requirements: requiredHigh schoolor above;French Requirements: Applicants must have the ability to speak FrenchLevel 7 (B2).or aboveInvestment requirement: within 120 days of the applicant's receipt of the notificationComplete a 5-year investment of $1,000,000(5-year interest-free return) and to the ** designated financial companyDonate $200,000Residency Requirement: Within two years of the issuance of the work permit, the applicant is required:Meet the minimum 12-month residency requirement*.
The main applicant must reside in Quebec for at least 6 months, and the remaining 6 months can be resided by the main applicant or spouse.
Among the many immigration programs in Canada, Quebec can be said to be one of the most popular immigration programs for Chinese investors.
The program has a long history, as early as 1986, Quebec launched the investment immigration program, which is one of the few low-threshold, language-free, investment-only immigration channels in Canada.
At the same time, at present, Quebec investment immigration is also the only remaining project in Canada that only needs to "invest" to immigrate, which does not require applicants to establish or buy a business, hire Canadians or make venture capital, as long as the investment is completed.
In 2017-2018, 1,330 of the 1,900 investment immigration quotas in Quebec came from Chinese investors.
Quebec Immigrant Investor History:
In 1978, the Canadian federal government signed an immigration agreement with Quebec, which allowed Quebec to choose its own immigration options.
In 1986, the Quebec Immigrant Investor Program was officially launched. The net assets are required to be $800,000 and the full investment amount is $400,000.
On December 1, 2010, the price of the Quebec Immigrant Investor Program increased to $1.6 million in net assets, and the full investment amount was increased to $800,000.
In March 2012, the first quota, 2,700 places worldwide, closed in April 2012, and the asset and investment requirements were reopened unchanged from the last time.
In August 2013, it was reopened with a global quota of 1,750 quotas, with no more than 1,200 quotas for a single country, and for the first time, applicants were selected by drawing lots. There is no change in the asset and investment requirements.
It will be open again from January 19 to March 20, 2015, with a global quota of 1,750 quotas, and no more than 1,200 quotas for a single country. There is no change in the asset and investment requirements.
From August 31, 2015 to January 19, 2016, it will be open again, with a global quota of 1,750 places, and no more than 1,200 places for a single country. There is no change in the asset and investment requirements.
In March 2018, Quebec invested in the coupon, and the family net worth increased from 1.6 million to 2 million Canadian dollars, the full amount increased to 1.2 million Canadian dollars, and the financing of 220,000 yuan also increased to 350,000 Canadian dollars. Applications were accepted from 10 September 2018 until 31 August 2019, with a global quota of 1,900, but a total of 1,235 Chinese applicants (including Chinese mainland, Hong Kong and Macau).
On May 20, 2020, Kuitou officially announced that it would be temporarily closed until April 1, 2021.
More than three years have passed since the closure of Quebec's investment immigration program in 2020, and Quebec has finally decided to relaunch the programHowever, the application requirements for the new program have been greatly improved compared to the previous ones
Not only has the investment threshold been raised, but the "French" and residency requirements have also been added!
I haven't even figured out English yet, and now Quebec requires "French", and you need to reach level 7 (out of 12).
This condition alone has "turned away" a large group of investors!
It can be said that if you want to immigrate to Canada at present, the condition of "language" is unavoidable, and if English can be met compared to French, you may wish to consider another business immigration programCanadian Federal Entrepreneur Immigration SUV
The Canadian Federal Start-up Visa Program was launched in March 2013 by Canada**, which aims to attract international talents and entrepreneurs with technical expertise and entrepreneurial potential to establish innovative enterprises and settle in Canada and create more jobs for local residents.
Currently, Immigration Canada considers the SUV project to be a success, and on May 2, 2018, the Canadian Gazette published the new regulationsConfirmed the launch of the Permanent Start-Up Visa program from April 1, 2018.
Application Requirements:
Age requirement: There is no clear age requirement;
Language Proficiency:CLB5 and above(5 points for listening, speaking, writing, 4 points for reading);
Education: No academic requirements, recommendedHigh schoolDegree or above;
Sufficient capital: Prepare start-up capital (according to the business plan) and settlement capital;
Business background: There is no requirement for corporate shares, as long as there is a certain business background (Lianchuang does not need to);
Criminal record: The applicant, spouse and accompanying children over the age of 18 must have no criminal record;
In good health: the applicant and his/her accompanying family members.
Innovative programs in line with Canada's SUV immigration program:
Concept innovation, technological innovation, service innovation, product innovation, etc.
2.High-tech industries, many traditional industries with innovative elements, and projects that contribute to the Canadian economy.
Applicant Mode:
Applicants for SUV programs can choose to start their own business on their own according to their own conditions and advantages, or they can choose to apply together with like-minded teammates.
1. Independent mode
Independent founders: have entrepreneurial capital, entrepreneurial ideas and are unwilling to share trade secrets, worried about the impact of others' application progress.
2. Team mode
Main founders: Applicants who have entrepreneurial ideas, are willing to recruit spare funds in the market and like-minded entrepreneurial teammates.
Co-founder: Applicants who do not have an idea to start a business but have spare funds, who know about the SUV project and want to obtain status in this way.
For those who originally planned to apply for Quebec investment immigration, if they have sufficient investment funds and can get IELTS 5, they can also choose to participate in an SUV program as a "co-creator".Lianchuang does not need to go to Canada to start a business in person, and the whole process can wait for the approval of permanent residence in China!
At the same time, the final success of entrepreneurship does not affect the identity, at present, in the Canadian immigration channel, SUV belongs to the federal project approval fast, about 2-3 years to get the whole family to get the maple leaf card!
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