CANADA

INVESTOR IMMIGRANT (QIIP)

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.

IRC - International Residency & Citizenship
www.internationalresidency.com