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Hi everyone,

This is in the news today:

(Google translate from French)
Québec suspends its immigrant investor program

immigration-drapeau-canada.jpg

The retention rate of immigrant millionaires who benefited from this program is only 16%.

PHOTO: ISTOCK

Romain Schué
Posted yesterday at 21 h 07
The Legault government has decided to suspend, until July 1, 2020, its controversial immigrant investor program, which ultimately results in permanent residence in Canada.

This program was reserved for foreign millionaires or billionaires, who, depending on their financial means, could receive a Quebec selection certificate (CSQ). A total of 1900 places was awarded by Quebec.

To be eligible, a foreign candidate had to have a net worth of at least two million dollars "obtained lawfully," says the Government of Quebec.

In addition, these people, who must intend to settle in Quebec, had to make a five-year loan of $ 1.2 million to Investissement Québec. At the end of this investment, this amount, without interest, was returned to the candidate, who could apply for permanent residence.

According to documents consulted by the CBC, the vast majority of applications received in this program come from China, far ahead of nationals from Iran, Bangladesh, Vietnam or the United Arab Emirates.

Ghost immigrants
Numerous anomalies have been identified in recent years and "the government's desire" is to "revise" this investor program.

An investigation report , in September 2018, also shed light on these ghost immigrants, who rarely set foot in Quebec. These candidates would have used this program primarily to enter the country and make financial investments.

According to the Immigration Department, the attendance rate at the beginning of 2019 of immigrants selected in this category between 2008 and 2017 was only 16%.

https://ici.radio-canada.ca/nouvelle/1367952/immigration-quebec-millionnaires-chine-legault
 
Hi everyone,

This is in the news today:

(Google translate from French)
Québec suspends its immigrant investor program

immigration-drapeau-canada.jpg

The retention rate of immigrant millionaires who benefited from this program is only 16%.

PHOTO: ISTOCK

Romain Schué
Posted yesterday at 21 h 07
The Legault government has decided to suspend, until July 1, 2020, its controversial immigrant investor program, which ultimately results in permanent residence in Canada.

This program was reserved for foreign millionaires or billionaires, who, depending on their financial means, could receive a Quebec selection certificate (CSQ). A total of 1900 places was awarded by Quebec.

To be eligible, a foreign candidate had to have a net worth of at least two million dollars "obtained lawfully," says the Government of Quebec.

In addition, these people, who must intend to settle in Quebec, had to make a five-year loan of $ 1.2 million to Investissement Québec. At the end of this investment, this amount, without interest, was returned to the candidate, who could apply for permanent residence.

According to documents consulted by the CBC, the vast majority of applications received in this program come from China, far ahead of nationals from Iran, Bangladesh, Vietnam or the United Arab Emirates.

Ghost immigrants
Numerous anomalies have been identified in recent years and "the government's desire" is to "revise" this investor program.

An investigation report , in September 2018, also shed light on these ghost immigrants, who rarely set foot in Quebec. These candidates would have used this program primarily to enter the country and make financial investments.

According to the Immigration Department, the attendance rate at the beginning of 2019 of immigrants selected in this category between 2008 and 2017 was only 16%.

https://ici.radio-canada.ca/nouvelle/1367952/immigration-quebec-millionnaires-chine-legault




Means what, our application processing stopped
 
In regulations published in the Official Gazette on October 30, the province has suspended receiving new applications from November 1, 2019, until June 30, 2020. It does not affect applications submitted prior to November 1st.
 
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yes , you can apply for that but again investment and layer fees ( may be cost cad 25,000 ) and business investment , only get for 2 years , after 2 year again apply for renewal , again all expenditure. federal time goes up to 53 months me be its goes to 60 months.
Thank you .
 
My application is as below
Applied for CSQ July 2017
CSQ Received May 2018
Submitted for Federal September 2018
AOR September 2018
Waiting for MR
As the time schedule, need to wait to 2023............ ><
Hi Kevin,
My timeline is same as yours, my agent said the recent completed cases took around 36 months, lets hope we will see each other I n Quebec in 2021. Keep our fingers cross !
 
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Reactions: Thanate
Hi Kevin,
My timeline is same as yours, my agent said the recent completed cases took around 36 months, lets hope we will see each other I n Quebec in 2021. Keep our fingers cross !
Y, hope it ll work first
 
Hi Kevin,
My timeline is same as yours, my agent said the recent completed cases took around 36 months, lets hope we will see each other I n Quebec in 2021. Keep our fingers cross !
Can u provide more information on this ? From where applied , which category and when applied and when MEDICAL requested and when PR received
 
  1. We received your application for permanent residence on July 31, 2018.
  2. We sent you correspondence acknowledging receipt of your application(s) on August 16, 2018.
  3. We started processing your application on August 15, 2018.
    no action untel now
    from uae
 
Where is everyone? At the end of 2019 till now no update. Frustrations killing me like anything.
 
Dear Sammer2211 we all hope after processing time will be faster patience is the key .
Dear Laithhisham,
I had my interview in 2014 at Hond Kong VO.and got QSC . Applied for Federal in Nov. 2114.
Now we had passed Medical on 16th Dec.
It has been 5yrs to reach from federal to Medical.
For every one pls be patient,that right time would come for every one.
I am from karachi, it would be great,if any one would be in contact.
Regards
MA Mirza
 
Dear Laithhisham,
I had my interview in 2014 at Hond Kong VO.and got QSC . Applied for Federal in Nov. 2114.
Now we had passed Medical on 16th Dec.
It has been 5yrs to reach from federal to Medical.
For every one pls be patient,that right time would come for every one.
I am from karachi, it would be great,if any one would be in contact.
Regards
MA Mirza
Hello I am from Karachi. You have been in the system for a very long while..do you know why your case has taken so long? What does your GCMS notes say?