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canada , club , north-america , policy-updates , qiip , quebec

Québec IIP Suspension Extended Until April 2021; IIAC Calls for Re-Launch of Federal Program

May 20, 2020

Christian NesheimEditor   The Québec Immigrant Investor Programme (QIIP), originally suspended last November but slated for a reopening in July, this year will remain suspended until April next year, according to a ministerial decree published this morning. In November, the government instated an eight-month suspension of the program pending...

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canada , club , data , north-america , qiip , quebec , statistics

91% of Québec Immigrant Investors Settle in Other Provinces – But That’s Changing Quickly

May 11, 2020

Christian NesheimEditor   That some nine-tenths of participants in Québec’s Immigrant Investor Program (QIIP) break their perfunctory promise declaring that the Francophone province is their “intended destination” has long been a point of contention, especially in British Columbia and Ontario, the actual destinations of the bulk of investors. Explanations...

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ahmad-abbas , canada , club , entrepreneur , eu , europe , imc , industry-trends , startup-visa , trends

What the EU Needs to Learn From Canada’s Targeted Investment Migration Model

January 27, 2020

Ahmad AbbasJordan   The money-for-rights model of investment migration – while economically successful – is a hard sell, politically. Canada’s model offers a compromise. Canada’s Entrepreneurial Provincial Nominee Programmes may be the answer to utangling Europe’s investment migration dilemma. Parliamentarians from a particular segment of the political spectrum, and...

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canada , club , economic-impact , opinion , quebec , review , tajicks-take

Who’s to Blame When Investment Migration Programs Have Little Economic Impact?

December 1, 2019

Stephane TajickMontreal   Canada’s Federal Government closed the Canadian Immigrant Investor Programme (CIIP) in 2014 following a review of the same and its economic impact. In a nutshell, the review found that the economic benefits of the program were not sufficient to warrant its continued existence. A report drawn...

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backlog , canada , club , north-america , qiip , quebec , residence-by-investment

Québec IIP’s 20,000-Application Backlog Precipitated Suspension

November 6, 2019

Christian NesheimEditor   Some 18,800 main applicants have fulfilled the obligations of the program but are still waiting for their permanent residence permits. This, according to La Presse, was a driving factor in the program’s suspension last week. Having made the requisite investment and received their Québec Selection Certificate...

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canada , golden-visa , north-america , policy-updates , quebec , residence-by-investment

Québec Immigrant Investor Program Suspended Pending Review

November 1, 2019

Christian NesheimEditor   While the announcement spoke only of a suspension, “it is not clear if the program will reopen, and under what conditions,” said one major service provider. On its official website, the government of Québec advises that “the intake of permanent selection applications under the Investor Program...

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