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Quebec Immigrant Investor Program News

Update: Special Economic Measures (Iran) Regulations

Tuesday, 10 January 2012 21:52

Update by Citizenship and Immigration Canada

On November 21, 2011 The Special Economic Measures (Iran) Regulations were amended to impose further economic sanctions against Iran "to add further impediments to Iran's nuclear proliferation activities, and to persuade Iran's leadership to resume negotiations with the international community with respect to its nuclear activities".

Last Updated on Monday, 28 January 2013 23:19
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New Quebec fees as of January 2012

Friday, 30 December 2011 15:13

From January 1st 2012, MICC is increasing the fees for Quebec applications as follows:

Main Applicant

  • Investors - CAD $4003 (up from $3899)
  • Entrepreneur - CAD $988 (up from $962)

Dependent

  • Investors - CAD $156 (up from $152)
  • Entrepreneur - CAD $156 (up from $152)

For more information, please consult the MICC website.

 

MICC update on Iranian files

Friday, 23 December 2011 15:10

As previously announced, we were expecting this week for MICC to take its official position related to the Economic Sanctions imposed on Iran.

Yesterday, we were advised by MICC, that they will not be able to make an official decision before the holidays, and that they have taken precautionary measures not to cash application fees and not to process investor files from Iran, received after November 21, 2011, until further notice.

Last Updated on Friday, 30 December 2011 15:12
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MICC now accepts Narrative Documents in applicant’s language

Saturday, 22 October 2011 23:48

Ministère de l'Immigration et des Communautés culturelles (MICC) announced that applicants for the Quebec Immigrant Investor Program will have the option to present the Narrative Document in their own language, provided it is accompanied by a certified translation.

The updated List of Required Documents for the QCIIP is available on our website in English and French.

For more information, please contact your Relationship Manager.

Last Updated on Saturday, 02 February 2013 23:48
 

No Quebec IIP Moratorium – confirmed by MICC

Thursday, 15 September 2011 14:02

At a meeting held yesterday between the financial intermediaries and MICC, it was confirmed that there will be no moratorium on the Quebec Immigrant Investor Program. This positive news ends weeks of rumours about a potential closure.

The Quebec government is in fact committed to adding more resources to be able to process an increased number of files with a target of processing 3 200 files in 2011 and 4200 in 2012. However, it was not confirmed to what extent this will be able to meet the growing demand of file applications, especially from BIQ Hong Kong, where deposited files have doubled in August alone, to approximately 700 files, with 470 opened so far. Overall from January to August, 2200 files have been received, of which, 1900 have been opened.

Last Updated on Monday, 28 January 2013 23:20
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MICC announces an agreement with Investissement Québec to rapidly increase processing capacity

Tuesday, 28 June 2011 08:00

The Minister of Immigration and Cultural Communities, Kathleen Weil and the Minister of Economic Development, Innovation and Export, Clément Gignac, have announced an agreement between the Ministry of Immigration and Cultural Communities (MICC) and Investissement Québec. This agreement will rapidly increase the processing capacity of immigration applications and increase the impact of the Immigrant Investor Program in Quebec.

Last Updated on Monday, 28 January 2013 23:20
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