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QIIP & EB-5 in comparison

QIIP & EB-5 in comparison

Note: The Québec Immigrant Investor Program (QIIP) is on pause from November 1, 2019 to April 1, 2023.

Programs	QIIP	EB-5
Net Worth	CAD 2,000,000 (USD $1,570,500)	USD $1,000,000+
Minimum Investment	CAD 1,200,000 (USD $942,300)	USD $800,000
Financing Option	Yes, formal financing available	Program financing not permitted
Investment Recipient	Quebec government	Private regional center
Investment Status	Secured and reimbursed after 5 years	Investment is at risk and reimbursed after 5 years
Investment Due Date	Once application is approved	Once application is submitted and/ or approved
Investment lock-up period	5 years (passive investment bearing no interest)	5 years (passive investment)
Additional Requirement	At least 2 years of business experience	Create 10 permanent jobs for 2 years
Capital Examination (Due Diligence)	On all of the net worth	Only on the amount invested (USD $800,000)
Physical Residency Requirement	730 days throughout the 5 years	1 day every 6 months
Citizenship by Physical Residency	After 3 years of permanent residency in the last 4 years	After 2.5 years in the 5 year period of permanent residency (Green Card)
Permanent Residency Process	Direct (Immediate) Permanent Residency (PR)	Conditional permanent residency (Green Card) for 2 years then permanent residency (Green Card) if investment is maintained
Place of Residence	Intend to reside in the province of Quebec (Although you are able to live anywhere in Canada)	Anywhere in the U.S.
Family Members Included	Spouse and dependent children under 22 years	Spouse and unmarried children under age 21