The upcoming relaunch of the Quebec Immigrant Investor Program (QIIP), known for its popularity as Canada’s leading business immigration program for the past two decades, is likely to raise some doubts among some foreign investors and others who are familiar with investor immigrant programs. Regulations for the program were just released. The revised program aims to attract investors by offering a passive investment immigration pathway without the requirement of establishing a business in Canada and actively managing it.
One notable change is the exclusive participation of regulated investment dealers and trust companies as financial intermediaries. This ensures investor confidence and provides a mechanism for agents to receive compensation. Additionally, the Quebec Government guarantees the investment, enabling financial intermediaries to arrange financing for applicants, further enhancing the appeal of the program.
https://www.forbes.com/sites/andyjsemotiuk/2023/06/08/new-quebec-investor-immigration-program-details-met-with-hesitation/?sh=319bddc940ec