Nomad Watch

Permanent Residence Certificate (public sector project) vs Quebec Immigrant Investor Program

Residency program comparison: Turks and Caicos and Canada. Income, fees, tax, duration, work rights and pathways.

Overview

Overview
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Country Turks and Caicos Canada
Program type Investor visa Investor visa
Status Active Active

At a glance

At a glance
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Initial duration — 36 mo
Monthly income — —
Application fee $25,000 $12,810
Tax regime Exempt Worldwide
Renewable No Yes

Financial requirements

Financial requirements
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Net worth requirement — $1,460,000
Application fee $25,000 $12,810
Government contribution — $146,000
Dependent fee $200 —

Duration and renewal

Duration and renewal
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Initial duration — 36 months
Renewal duration — 24 months
Renewable No Yes
Minimum stay — 365 days

Tax regime

Tax regime
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Tax regime Exempt Worldwide
Tax rate 0% —
Tax regime name Zero Income Tax Canadian and Quebec worldwide income tax
Foreign income taxed No Yes
Capital gains taxed No Yes

Work rights

Work rights
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Employed work No Yes
Self-employed work No Yes
Own business No Yes
Work permit included No Yes

Requirements

Requirements
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Criminal record check Required Required
Health check Required Required
Degree Not required Not required
Professional experience Not required Required
Language (for citizenship) Not required Required
Endorsement Not required Required

Family and dependents

Family and dependents
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Dependents allowed Yes Yes
Spouse included Yes Yes
Maximum child age 18 22
Dependent parents No No

Pathways

Pathways
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Path to permanent residency Yes Yes
Path to citizenship Yes(5 yrs) Yes(3 yrs)
Grants direct citizenship No No
Dual citizenship allowed Yes Yes

Benefits

Benefits
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Schengen access No No
Open a bank account No Yes
Buy property Yes Yes
Public healthcare access No Yes
Health insurance Not required Not required

Application

Application
TC Permanent Residence Certificate (public sector project) CA Quebec Immigrant Investor Program
Method In person Mail
Processing time 56–70 days ?–2281 days
Apply from abroad No Yes
Local representative Not required Not required
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