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 |