Investors seek Canadian migration through Quebec province: Program reopened from the 8th to 17th September 2014 for a total of 1,750 applications worldwide!

UAE, Dubai, 24 June 2014- Canada is ranked by the United Nations as one of the world’s best places to live. With free-market access to the USA and easy proximity to India, Asia, South America and the EU, it is also a great place to do business. Under the Canada-Quebec Accord, the province of Quebec operates its own immigrant investor program where all investors in this program must be selected by Quebec and plan to settle in Quebec.

Under Quebec’s Immigrant Investor Program, Investors and their family may become eligible for one of the most valued second citizenship – citizenship of Canada. The Quebec Program, which is administered and guaranteed by the government of Quebec, one of Canada’s largest provinces, has been in operation since 1986. It makes the Canadian program (Both Federal and Quebec Programs) one of the oldest and the most reputable immigration through investment program in the world. Immigrants with a net worth of at least C$1.6 million can establish in Canada by giving the government an interest-free loan of C$800,000 for a period of five years.

Patrice Brunet- Quebec lawyer based in Dubai, Founder & Owner of NEXT Group says: “With a population of 8 million, Québec is a major economic player on the Canadian scene. It has unique assets in North America: a rich cultural diversity, and strong industries in aerospace, pharmaceuticals, mining, energy and manufacturing. In addition to French and English, some 80 languages are widely spoken in Québec, including Italian, Spanish, Arabic, Greek, Chinese, German and Portuguese. About 3 million Quebecers, or 42% of the population, are able to speak both French and English. Montréal, a cosmopolitan city par excellence, is home to more than 120 ethno cultural communities, 70 international organizations and nearly 17,000 international students.

This multi-cultural province was able to steer a steady course through the recent global economic crisis, showing a solid economy and healthy business environment! The value of Québec’s exports has grown consistently and now stands at $63.5 billion. Nearly 70% of those exports go to the U.S.

The regulatory, control and compensatory infrastructure that governs the Canadian banking system also ensures the stability, growth and competitiveness of Québec’s financial institutions. In 2012, the World Economic Forum’s Global Competitiveness Report ranked the Canadian banking system as the world’s soundest for the fourth year in a row.

Canada will become one of the first industrialized nations with access to the world’s two largest markets, namely the United States (314 million consumers) and Europe (over 500 million consumers), through the recent signature of the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU). The agreement, which is slated to come into effect by 2015, will substantially increase trade with the 28 EU member countries.

Canada is also open to the world and a member of the World Trade Organization (WTO), which helps keep trade flowing smoothly.

Quebec’s Immigrant Investor Program, recently reopened for a short period of time (from 8th to 17th September 2014) and for a specific number of applications (1750 worldwide with a maximum of 1250 per country). It is seeking individuals with business experience, who are willing to make a passive investment in Canada.

The Quebec Investor Immigration Category program currently has an imposed cap and is accepting 1750 applications for the investor program in 2014. However, this restriction does not apply to candidates who are able to demonstrate an advanced intermediate knowledge of French.

To qualify under the Quebec Investor program, applicants must be able to demonstrate and fulfil the following criteria:

-A market value net worth of at least $1,600,000 CAD. The applicant must be able to demonstrate that their net worth was legally obtained more than six months prior to the filing of the application.

-At least two years of business management experience within the preceding 5 years from the date the application is filed.

Business experience for the purposes of the Quebec Investor Immigration category means that the applicant's work experience involves the planning, management and control of:

-The businesses finances and some portion of the human and/or material resources Managerial experience in any of the following business will count:

-Farm management, commercial Business, industrial management, professional businesses (if the business had a staff of at least two full-time employees aside from the applicant), international organizations, foreign governments or any of their departments or agencies.

If the applicant can demonstrate that it meets the aforementioned criterion, their application will be analyzed by an Immigration Quebec officer.

“Whether you want to develop your business in Canada, or you just want to get Canadian residence for your spouse and children, now is the time to act. No one knows whether the program will reopen in 2015, but it is certainly open in 2014. With over 20 years of experience in this field, my team can make this happen for you.

Our role as lawyers is to help you plan and execute a comprehensive strategy to move you and your family to Canada. As a high net-worth individual, you will be able to benefit from strategic advice and top-of-the-class delivery for immigration to Canada for yourselves and your family”, added Mr. Brunet.