Saskatchewan Is Planning To Conduct Entrepreneur Stream Draw On Nov 21

17 Nov 2018

Saskatchewan immigration is preparing a final for draw Entrepreneur Stream of 2018 on Wednesday, Nov 21, 2018. Immigrant entrepreneurs require to present an Expression of Interest quickly if they need to be counted for this draw.

Applicants are expected to establish their business in the Saskatchewan province while on a temporary work permit below the Stream of Saskatchewan Entrepreneur.

The province nominates applicants for permanent residence once the business is organized, and the agreement terms reached. The province freshly enhanced the frequency of the famous stream, by which 669 invitations have been announced so far in 2018.

Earlier draws took place for every 03 months, now both take place for every 02 months.

Draws of Saskatchewan Entrepreneur Stream

The Entrepreneur stream of Saskatchewan immigration is a 03-stage process:

• Expression of interest
• Invitation to present an application
• Nomination

The E.O.I must satisfy the following least entry requirements:

• The least net worth of CAD 500,000 legally obtained.
• At least 03 years of related management or entrepreneurial experience.
• Investment of minimum  CAD 300,000 in Regina or Saskatoon, or CAD 200,000 is any other area in Saskatchewan.

Applicants enter into a pool where they get a score. The highest scoring applicants are invited to apply.

The evaluation conducted by third parties will concentrate on the due diligence and preparation performed by the candidate in preparing their intended business plan.

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