{"id":7323,"date":"2023-05-26T04:55:27","date_gmt":"2023-05-26T04:55:27","guid":{"rendered":"https:\/\/eternainternational.com\/vn\/?p=7323"},"modified":"2023-05-26T05:43:02","modified_gmt":"2023-05-26T05:43:02","slug":"quebec-reforms-immigrant-investor-program","status":"publish","type":"post","link":"https:\/\/eternainternational.com\/vn\/quebec-reforms-immigrant-investor-program\/","title":{"rendered":"Major Reforms to the Quebec Immigrant Investor Program"},"content":{"rendered":"

The Government of Quebec<\/a> has recently unveiled significant reforms to the province’s economic immigration system, signifying a pivotal moment in shaping Quebec’s immigration landscape. These reforms, scheduled for publication in the Gazette on June 7, will undergo a 45-day consultation period to gather insights and feedback from various stakeholders.<\/p>\n

Of particular interest are the anticipated changes to the Quebec Immigrant Investor Program (QIIP), which will have a profound impact on the industry.<\/h4>\n

\"Major<\/p>\n

The key highlights of the reforms include:<\/p>\n

Language Requirement:<\/strong>
\nApplicants will now be required to demonstrate a minimum proficiency in spoken French, with a target score of at least 7 out of 12 on the \u00e9chelle qu\u00e9b\u00e9coise des niveaux de comp\u00e9tence en fran\u00e7ais (Quebec scale of French language proficiency).<\/p>\n

Temporary Residence Requirement:<\/strong>
\nUnder the revised program, applicants will need to establish themselves as temporary residents in Quebec for a minimum period of 12 months before becoming eligible for permanent selection. This requirement aims to promote integration and facilitate a smoother transition for immigrants into Quebec society.<\/p>\n

Removal of Selection Grid:<\/strong>
\nThe points-based selection grid, previously used to evaluate applicants, will be eliminated, streamlining the application process by eliminating the need for accumulating points based on various criteria.<\/p>\n

Updated Investment Requirements:<\/strong>
\nThe reforms bring changes to the investment requirements, replacing the previous five-year investment of $1,200,000 with a requirement to invest CAD$1,000,000 for a period of five years. Additionally, applicants will need to make a non-reimbursable contribution of $200,000. These updated investment requirements demonstrate a strong commitment to Quebec’s economy and provide valuable support for its development.<\/p>\n

Clarification on Financial Intermediaries:<\/strong>
\nThe role of financial intermediaries will be defined based on their involvement in facilitating the purchase and redemption of the applicant’s investment with the Government of Quebec, enhancing transparency and coherence in the program’s financial aspects.<\/p>\n

\"\"<\/p>\n

While we respect the Quebec government’s plan, we hold the opinion that these changes may result in a niche program with limited applications. Historically, French-speaking QIIP applicants have been rare, making it challenging for businesses to thrive within this limited pool.<\/p>\n

Moreover, the revised investment requirements will position the QIIP as one of the most expensive investment immigration programs globally. This may discourage potential applicants who have more accessible and cost-effective alternatives available.<\/p>\n

Additionally, despite the program’s intention to streamline the application process, there is no guarantee of a shorter federal processing time.<\/p>\n

As the reforms progress, we remain committed to closely monitoring their implementation and assessing their broader impact on the program and the market. Throughout this transitional period, we are dedicated to providing our clients and partners with updated information and guidance.<\/p>\n

\"\"<\/p>\n

Related article:\u00a0<\/em><\/h3>\n
Introducing the New Eterna Angel Founder Package\u00a9: A Path to Canada Start-up Visa Success<\/strong><\/a><\/em><\/h5>\n

The new and highly anticipated\u00a0Eterna Angel Founder Package<\/b>\u00a9<\/sup>\u00a0is specifically designed for innovative entrepreneurs seeking to expand their\u00a0existing innovative businesses<\/u>\u00a0into the Canadian market. This exclusive package offers a multitude of benefits and opportunities that can empower your clients to gain a significant edge.<\/p>\n

With the Eterna Angel Founder Package\u00a9, clients gain a competitive advantage and embark on a transformative journey toward realizing their entrepreneurial dreams in Canada. Get in touch with us for more details about the Eterna Angel Founder Package\u00a9<\/sup>… Read more<\/strong><\/em><\/a><\/p>\n

 <\/p>\n

In Conversation with Pierre-Marc Lecompte: Redefining the Landscape of Investment Immigration<\/em><\/a><\/h5>\n

In the dynamic realm of investment immigration,\u00a0Pierre-Marc Lecompte<\/a>, the Chief Executive Officer and Co-Founder of Eterna International, throughout his nearly two-decade career, has strived to make meaningful contributions to the industry, nurturing the growth of Eterna International from its humble beginnings into a globally recognized force.<\/p>\n

Pierre-Marc asserts: “At Eterna International, we remain steadfast in our commitment to providing innovative solutions, enabling individuals to transcend borders and forge a brighter future.” Read more<\/strong><\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Government of Quebec has recently unveiled significant reforms to the province’s economic immigration system, signifying a pivotal moment in shaping Quebec’s immigration landscape. These reforms, scheduled for publication in the Gazette on June 7, will undergo a 45-day consultation period to gather insights and feedback from various stakeholders. Of particular interest are the anticipated […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[83],"tags":[93,116,115],"class_list":["post-7323","post","type-post","status-publish","format-standard","hentry","category-canada","tag-canada-immigration","tag-qiip","tag-quebec-immigrant-investor-program"],"yoast_head":"\nMajor Reforms to the Quebec Immigrant Investor Program -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eternainternational.com\/vn\/quebec-reforms-immigrant-investor-program\/\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major Reforms to the Quebec Immigrant Investor Program -\" \/>\n<meta property=\"og:description\" content=\"The Government of Quebec has recently unveiled significant reforms to the province’s economic immigration system, signifying a pivotal moment in shaping Quebec’s immigration landscape. 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