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What are the requirements for a QIIP investor to manage a business in Canada?

Our family is considering investing in the Quebec Immigrant Investor Program. I have owned and managed a successful company in Shanghai for more than 10 years. Even if we participate in the QIIP, I would like to continue as owner and manager of my company. Is this allowed or do I have to start a business opportunity in Canada?

  • Green and Spiegel LLP
    May 11, 2018

    There is no requirement, as the investment is passive. You just pay and have no requirements to start any business.

  • Gilles Veilleux, Attorney
    May 11, 2018

    You can continue operating your company. There is no obligation to start a company in Canada. However, the law required that a new permanent resident must stay physically in Canada 730 days for each five-year period.

  • Favreau Law Firm
    May 14, 2018

    There are no requirements to start a business after landing in Canada for the QIIP. You can do whatever you want when you arrive in Quebec. You can keep your business in China.

  • Simard & Associates Limited
    May 15, 2018

    Under the QIIP program, you have no obligation to start a business. It is the sole remaining strictly investor program in Canada (as opposed to all the other entrepreneurial-based programs). You could also continue to operate your business in China, provided that you fulfill the minimum federal residency requirements (730 days every five years).