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Quebec Investor Program November 2015 Update

November 30, 2015 nkic

Applications received

According to the information received from the industry, the quota of 1,200 applications for Chinese applicants is almost full whereas there are still some spots available among the quota of 550 applications for non-Chinese applicants.

The demand for the program is quite strong and we anticipate that it will be even stronger in the next few weeks.

The government also provided information on the inventory of files. As of June 30, 2015, there were 4,356 files in inventory under the $800K program and 440 files under the $400K program.

Considering these June statistics (5,913 applications processed in 2014 vs. 4,796 files in inventory), we can expect this inventory to be cleared in a maximum of 1 year.

Quebec Immigration Plan for 2016

On October 29, 2015, the Quebec Minister of Immigration, Diversity and Inclusion, Mrs. Kathleen Weil, submitted to the National Assembly the immigration plan for 2016. The plan incorporates substantially the same targets as in 2015. In summary, in 2016, Quebec should welcome between 41,000 and 46,900 immigrants. In the category of economic immigration, admissions scheduled for 2016 would remain in the order of 31,500 to 33,500 persons. The number of skilled workers is estimated at between 29,000 and 32,000 whereas business people would be between 6,000 and 8,000 people.

Please Contact Us for more information on this program.

NKIC Newsletter - November 2015

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