The Quebec Immigrant Investor Program, which allows investors to obtain Canadian permanent residence with a $1.2 million investment, has been suspended until July 1, 2020.
The suspension takes effect Friday, November 1, 2019.
Quebec’s Immigration Minister, Simon Jolin-Barrette, attributed the suspension to the fact nearly 20,000 applications for permanent residence through the Quebec Immigrant Investor Program have yet to be processed.
