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Quebec reopens the Investor Program-1,900 applications to be accepted

Quebec Investor Program, a pathway for investors interested to settle in Quebec has reopened on May 30, 2016, and is expected to run until February 28, 2017. This program aims to bring skilled and qualified professionals to Quebec who can fill in the managerial positions of the Quebec industries. By the means of the same the country aims to boost the economy and bring investment growth to the province.
Sources reveal that Quebec has confirmed a total 1900 application intake during this submission period. About 1330 applications will be accepted from nationals of China, Hong Kong and Macau and the remaining number should cover the rest countries. However, professionals with advanced intermediate level in the French Language are exempted from this cap limit.
These applications for the Quebec Investor Program are being invited for acceptance through mail and couriers. For a professional to qualify for this program, he should be experienced and possess exceptional skills of decision making, hold funds equivalent to $1.6 Million CAD, and be confirmed in  making a secured investment of $800,000 CAD for the next five years.