Canada Country Profile
Capital City | Ottawa |
Population | 35,623,680 (July 2017 est.) |
Geographic Location | 45 25 N, 75 42 W |
Area | 9,984,670 sq km |
Language | English (official),French (official) |
Currency | Canadian Dollar |
Political System | federal parliamentary democracy (Parliament of Canada) under a constitutional monarchy |
Legal System | common law system except in Quebec, where civil law based on the French civil code prevails |
GDP | $1.769 trillion (2017 est.) |
GDP per capita | $48,300 (2017 est.) |
National Anthem | "O Canada" |
Independence Day | 1 July 1867 (union of British North American colonies) |
Canada Investor Immigrant Program Information
CANADA (Quebec) Investment Immigration Program (QIIP) | Official site: http://www.immigration-quebec.gouv.qc.ca/en/ |
Investment Type |
Financial Investment | 1,200,000 CAD (5-years non-interest bearing Qubec Government Bond) (Financing available by authorized financial intermediaries) |
Requirements | Qualifying management experience of 2 years out of past 5 past before applying |
| Net assets of 2,000,000 CAD |
| Have the intention to settle in Quebec |
Physical presence requirement | 2 years in every 5 years to maintain permanenet residence status (PR) |
Estimated Application Fees |
Quebec Government Fees | 15,235 CAD |
Federal Government Fees | 1,540 CAD (main applicant) 1,040 CAD (spouse), 150 CAD per child |
Legal / Consulting Fees | 10,000 CAD - 15,000 CAD |
Estimated Cost |
Single Applicant (Investment) | 1,226,775 CAD |
Family of 4 Application (Investment) | 1,233,115 CAD |
Residency requirement for citizenship | 3 years within 5 years after receiving PR status |
Canada Tax Summary
Corporate Income Tax | 15% Federal + 11.5% to 16% Provincial |
Witholding Tax on Dividends | 25% |
Witholding Tax on Interests | 25% |
Witholding Tax on Royalties | 25% |
Capital Gain Tax | 50% of capital gain is taxed at individuals income tax rate |
Personal Income Tax | Federal progressive up to 33% + Provincial between 11.5% and 25.75% |
Property Tax / Property Transfer Tax | Varies by each Province |
Inheritance Tax / Estate Tax | N/A |
VAT | Federal Goods and Services Tax 5% + Provincial Sales tax from 0% to 8% |
* This site is for generic information only.