Canada evaluates and accepts new residents through an elaborate immigration system. It is possible to apply for Canadian PR in the investor category. Canada’s government created the investor program to lure rich entrepreneurs to the nation. Canada and Quebec offer you ways of becoming a permanent Canadian resident through separate investor programs. Both programs have a similar selection process with the below-mentioned difference. We offer the necessary help with Canada permanent residency in UAE, including assistance in filing for the nation’s PR program. Read on to know more about the program.

Why Canada?

Canada is among the best-known destinations for an investor immigrant who wants to relocate. As an investor, if you reside in Canada for three years over the coming five years, it would make you eligible for Canadian citizenship. Canada’s healthcare system and education system are among the world’s best, and it is among the safest nations to reside in. Moreover, a Canadian passport is among the world’s best forms of travel documentation. Religious, ethnic and cultural tolerances are entrenched in Canada’s Constitution. You can get the benefits of citizenship through the program except for voting rights and the right to hold a political office here.

Requirements For Quebec Immigrant Investor Program

The program will allow you and your immediate relatives to come to the Quebec province as its permanent residents. To be eligible for permanent residency, you must make one of these investments and meet the other criteria. Different from Canada’s federal investor program, Quebec’s program requires the applicant to produce a certificate of selection of Quebec to Canada’s government before they apply for PR. The certificate will let you file an application for PR. As a CSQ holder, you will have to live in Quebec.

• Show business experience
• Present documents that support the source of your investment amount
• Have $2 million or more as your net worth
• Pass the security and medical evaluations of Canada
• Make a zero-interest investment worth $1.2 million or more for five years under the program. Canada’s government will guarantee your investment and will pay you back in full at the completion of the period.
• Show that you intend to settle here in Quebec

How The Process Works

You will have to collate supporting documentation for your business experience and net worth as well as substantiate that your assets are legally accrued. A licensed, government-approved financial intermediary will review your application for compliance, after which it will go to Quebec’s immigration authorities.

You can get a notification for an interview a year after you submit the application; Canada’s government will usually decide on it 30 days after the interview. If you receive a favorable decision from the government, you would have to invest the said amount in 110 days. After the investment, you can get the certificate that allows applying for PR. The application should be submitted to Canada’s federal authorities. Moreover, you will have to produce a medical certificate as well as a certificate proving that you do not have a criminal record. You can get the visa outcome in 1 to 4 years; it is usually the processing time for Quebec.

When you are seeking to invest, work or study in Canada or visit the nation for leisure, you might need the help of an immigration consultant. We are among the best immigration consultants for those who look for Canada permanent residency in UAE as well. We offer various immigration and visa services for ambitious investors that also pertain to Canada’s residence by investment program.