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Quebec Immigrant Investor Program
QUEBEC IMMIGRANT INVESTOR PROGRAM
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Quebec Immigrant Investor Program (QIIP) – Updated Guide
The Quebec Immigrant Investor Program (QIIP) is Canada’s only government-backed passive investor immigration program. Designed for high-net-worth individuals, the program allows eligible foreign investors to obtain Canadian permanent residence through a significant, government-approved investment in Quebec.
While the QIIP remains part of Quebec’s immigration framework, it is currently suspended to new applications. As of 2026, the program is undergoing policy review and restructuring, with no confirmed date for reopening.
Current Status of the Quebec Immigrant Investor Program
As of 2026, the Quebec Immigrant Investor Program is not accepting new applications. The Quebec government has extended the suspension multiple times as part of a broader reassessment of business and investor immigration.
This review focuses on:
- Economic impact of passive investment immigration
- Integration outcomes
- Long-term contribution to Quebec’s economy
- Alignment with Quebec’s immigration and French-language priorities
Applicants should not plan immigration strategies around QIIP until an official reopening is announced.
What Is the Quebec Immigrant Investor Program?
The QIIP is a passive investment-based permanent residence program. Unlike entrepreneur or startup programs, it does not require applicants to actively manage a business or create jobs in Canada.
Key characteristics of the QIIP include:
- Government-secured investment model
- No business management requirement in Canada
- Direct access to Canadian permanent residence
- Ability to include immediate family members
This structure makes QIIP unique compared to other global investor visa programs.
Why the QIIP Was Popular Among Investors
Before its suspension, the QIIP attracted high-net-worth individuals because it offered:
- Passive investment, unlike active entrepreneur programs
- No job creation requirements
- No conditional permanent residence
- No mandatory French language requirement (though French was considered in selection)
- Access to Canadian healthcare, education, and mobility
The program granted permanent residence directly, without requiring a temporary visa stage.
Investment Structure Under the QIIP
Under the last active version of the program, applicants were required to:
- Demonstrate a minimum legally acquired net worth of CAD 2 million
- Make a government-secured investment of CAD 1.2 million
- Invest for a five-year term through an approved financial intermediary
- Sign an investment agreement with a participating Quebec financial institution
The investment was fully guaranteed by the Quebec government and returned at the end of the term, without interest.
Eligibility Requirements (Historical Framework)
While not currently open, the historical eligibility framework included:
- High-net-worth status meeting minimum thresholds
- At least two years of management experience within the previous five years
- Experience involving planning, control, and management of financial or human resources
- Legal source of funds documentation
These criteria may change if and when the program reopens.
QIIP Application Process (When Active)
When operational, the QIIP followed a two-step immigration process, standard for Quebec programs:
1. Quebec Selection
Applicants submitted a Quebec Selection Certificate (CSQ) application to Quebec authorities for evaluation.
2. Federal Admission
After receiving a CSQ, applicants applied to the federal government for Canadian permanent residence, including medical and security checks.
This process remains the legal structure for Quebec immigration programs.
French Language and Integration Considerations
Although French was not mandatory under previous QIIP rules, Quebec increasingly prioritises:
- French-language integration
- Economic contribution within Quebec
- Long-term settlement intent
Any future version of the QIIP is widely expected to include stronger French or integration components.
Alternative Investor & Business Immigration Options in Canada
With QIIP currently suspended, investors often explore other Canadian pathways, such as:
- Start-Up Visa Program (for innovative entrepreneurs)
- Provincial entrepreneur programs requiring active business involvement
- Work permit–based business pathways leading to permanent residence
Each option has different capital, risk, and involvement requirements.
Should You Wait for the QIIP to Reopen?
Waiting for QIIP to reopen carries uncertainty. There is no confirmed reopening timeline, and future criteria may be significantly different.
Investors should:
- Monitor official Quebec announcements
- Avoid relying on speculative timelines
- Explore alternative immigration strategies
Popular Immigration Programs
Professional Guidance for Investor Immigration to Canada
Investor immigration is complex and policy-driven. Programs can pause, reopen, or change criteria without advance notice. Canada Immigration Global assists high-net-worth individuals with:
- Investor pathway assessments
- Business and entrepreneur immigration strategies
- Quebec and federal PR planning
- Long-term settlement and family inclusion