Julien Tetrault Biography Quebec Investor Immigration Program.

JTH, lawyers Inc.

Content• Julien Tetrault Biography

• Quebec Investor Immigration Program

Julien Tétrault• Lawyer and president of JTH Lawyers Inc.

• Law School: University of Montreal (1999)

• DESS international commercial law: University of Montreal (2003)

• 2011-2014 Directors of the Quebec Lawyers Abroad (AHQ), and created the "Immigrant Investor Section" of AHQ.

• Represented over 1,000 applicants over 60 countries

through QIIP

CANADA

Quebec Investor Immigration Program (QIIP)

CONDITIONS:

• 1. Net assets of $1,600,000 CAD or more

• 2. Intention to settle in Quebec and commit a passive investment of $800,000 CAD for 5 years or walk-away option of $220,000.

• 3. Have at least 2 years of management experience over the past 5 years prior to filing

Eligible Assets (Minimum 1.600.000CAD required)

• Properties (market value),• Company book value, • Bank assets,• Stocks, • Life insurance redemption value,

etc.

Management Experience

• Broad criteria related to the planning, management and effective control of budget and staff and/or equipments of a private or public, profit or non-profit enterprise

• The business managed does not need to be profitable under QIIP, nor does it need to have a minimum capital requirement or a large number of employees

• Professionals (doctors, lawyers) also eligible if management of minimum 2 full-time staff

Type of documents needed

ID DOCUMENTS: PASSPORTS, MARRIAGE, BIRTH, ETC.PROOF OF NET WORTH: BANK STATEMENTS, TITLE DEEDS (EVALUATION IF NEEDED), MEMORANDUM + FINANCIAL STATEMENTS FOR COMPANY OWNERSLEGAL ACCUMULATION OF FUNDS: REFERENCE LETTER FOR EMPLOYEES, AUDITED FINANCIAL STATEMENTS FOR COMPANY OWNERS

• Document list• Narrative established• File completion & verification• Canadian bank verification

before submission

Step 1 File preparation

• Between Aug 31st, 2015 and January 29, 2016

• Recurrent every Quebec financial year, with increased conditions

Step 2 Quebec Submission • Easy part:

• Obtain Certificate of Selection of Quebec (automatic after transfer of Step 4)

• Submit almost same file to Canada gvt

Step 5 Federal application

Quebec Investor Immigration Program (QIIP)

Benefits• Permanent Residency for applicant, spouse and children

below 19

• Same rights as other Canadians except mainly right to vote, and pathway to Citizenship after 4 years

• Free Universal health care system amongst the best in the world

• World class education, free until college and very affordable later on

• Saving of approx. $30,000 per year per child at university

• Quality of life, low crime rate, affordable housing, business opportunities

Why apply now?• Quota limit is imposed: if you are late to have your file

ready, you won’t have access to any quota hence may NOT be able to apply

• Your children future: give them the opportunity you would have want your parents to give to you

• QIIP keeps being more restrictive, more expensive, longer processing, and QIIP may be closed in next 1-3 years: lock-in your application now or risk never being able to do it

• Whether Canada is for you a Plan A or Plan B, no one can rely on only one passport if home country stability becomes an issue in years to come

Opening period Total Investor applications

2012: 5 weeks 27002013: 2 weeks (lucky draw) 1750 (5000 sbmtd)

2014: 2 month 1400 (1000 for China)

2015 : August 31, 2015-January 29, 2016

1750 (1200 for China)

Upcoming years ???

QIIP applications submitted under quota system

lawyer & President

JTH, Lawyers Inc.

www.jthlawyers.com

Call us, email us or come visit us at our following offices:

Montreal (Quebec, Canada) – Lagos (Nigeria)

Tel: 514-397-0995 l Cell: 514-516-0995 l Lagos Tel: +234 80 5544 4777 Email: [email protected]

Julien Tétrault