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Quebec Immigrant Investor Program

The Quebec Immigrant Investor Program (QIIP) is Canada’s only passive investment immigration option for high-net-worth individuals seeking permanent residence. This program does not require candidates to manage or actively run a business in Quebec. This program is the most distinctive in Canada, with a limited number of qualifying applicants accepted each year.

Note: Immigrant Investor Program administered by Investissement Québec has been suspended for new applications as of July 1, 2024. The QIIP investment product managed through Investissement Québec is currently not accepting new investors. However, the Quebec Immigrant Investor Program administered by MIFI (for CSQ purposes) remains open, applicants can submit permanent selection applications at any time. Conditions and fees were updated effective January 1, 2026. Consult ImmigCanada’s RCIC for the most current status.

QIIP Requirements

In order to qualify for the Quebec Immigrant Investor Program, you must meet the following requirements:

  • A documented net worth of at least CAD $2,000,000
  • A minimum of 2 years of full-time management or business experience within the last 5 years
  • An investment into Quebec’s economy, structured as follows:

Option A — Full Investment: A guaranteed investment of CAD $1,000,000 with Investissement Québec for a period of five years (returned without interest after 5 years), plus a non-refundable government fee.

Option B — Financed Investment: A non-refundable payment of approximately CAD $350,000 (the amount may vary based on program conditions), allowing investors to avoid locking up the full CAD $1,000,000.

IMPORTANT: As of July 1, 2024, Investissement Québec suspended acceptance of new Business Assistance — Immigrant Investor Program applications indefinitely. The CAD $1.2 million total investment structure remains a core feature of the QIIP, but the vehicle through which the investment is made may differ. Candidates should verify current investment arrangements directly with MIFI or through a licensed representative. Fees for reviewing an application for permanent selection were updated effective January 1, 2026.

A minimum passing score of 40 points on the QIIP selection grid is required; mandatory minimums of 10 points for management experience and 25 points for financial investment must be met

Quebec Entrepreneur Program (QEP)

In the Quebec Entrepreneur Program (QEP), business immigrants are specifically targeted at Quebec’s needs. In addition to attracting qualified candidates with a proven track record in business, it also seeks to attract investors willing to invest in the Quebec economy. Additionally, the QEP is an excellent way for business people who are not eligible for Canadian Permanent Residence under other skilled worker categories to qualify. Quebec Entrepreneur applicants must demonstrate their intention to reside in the province.

An Entrepreneur Interested in Immigrating to Quebec Can Apply for One of Two Components of the Program:

Component One: Support the establishment of new businesses or start-ups through business incubators, accelerators, or university entrepreneurship centres in the province.

Component Two: For businesses that are owned and operated by the applicant.

Requirements for Quebec Entrepreneur Program: Component One

In order to qualify for the Quebec Entrepreneur Program, foreign national applicants must obtain a passing score of 41 points under all factors in the Quebec Economic Class selection grid.

The Quebec Entrepreneur Program Component One can award points based on factors like education level, training areas, age, language proficiency in French and English, and residence and family in Quebec. Applicants with a spouse or common-law partner do not receive any additional points.

To Qualify for the Program, You Must Meet the Following Minimum Requirements:

  • Diploma from a secondary school
  • Proof of financial self-sufficiency must be submitted
  • Successful evaluation of the business project from an enterprise incubator/accelerator or university entrepreneurship center

Requirements for Quebec Entrepreneur Program: Component Two

Foreign nationals applying under Component Two must score 81 points across all 13 factors of the selection grid. Points are awarded based on:

  • Education level and training area
  • Age
  • Language proficiency in French and English
  • Stay and family ties in Quebec

To meet Component Two’s cut-off threshold, you must meet the following minimum requirements:

  • At least 25% equity in a new business created, or at least 51% equity in an existing business acquired
  • At least a secondary school diploma (or equivalent)
  • A signed contract proving financial self-sufficiency
  • Successful evaluation of the business project
  • A start-up deposit of CAD $300,000 in the Montréal metropolitan area, or CAD $200,000 outside the Montréal metro region
  • At least 25% equity in a new business created, or at least 51% equity in an existing business acquired

NOTE: Quebec’s 2026–2029 Immigration Plan does not specifically target major cuts to the business immigration category, and the QEP remains active. However, the overall PR cap of 45,000 means business-class immigration must compete within a tighter overall envelope. LMIA applications for certain jobs in the Montréal and Laval regions remain suspended until December 31, 2026.

ImmigCanada can advise you on your business immigration options. To ensure your application is prepared effectively, we guide you throughout the process.