Canadian Government Reveals The Dates For Quebec Investor Program

25 Sep 2014

The Government of Canada has revealed the dates for the new Quebec’s investor program. Starting from 5 January to 30 January 2015, the applications for the new investor program will be accepted.

The intake of applications for the Canadian Investor program is usually in the fall season the last was rounded up in October 2013.

The Government of Quebec accepts nearly 1,750 applications every year; the individuals who applies single or along with his/her spouse should hold a net worth of minimum CAD1.6 million.

In order to take part in the Investor program, the applicants need to sign an agreement which states that he/she has to invest CAD800, 000 with an authorized financial intermediary.  The applicants must have management in a commercial or industrial or legal professional business or legal farming.

The president and CEO of Arton Capital, Armand Arton, said that the application procedure is likely to be altered for the upcoming program and also applicants will be pre- evaluated by a number of financial intermediates across the world prior to the selection.

He added on saying that the Quebec Government is planning to annul the ‘lucky draw’ as selection process and set up a quota per financial Intermediary.  Hence, the intermediaries will get a chance to select only the best applications and submit them to the government.

It is expected that significant changes will be announced to the Investor program at any time. Interested aspirants need to stay update and be well-prepared for filing the applications in January.      

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