Saskatchewan Immigration: Conducts Entrepreneur Draw And Issues 45 ITAs

11 Sep 2019

Saskatchewan immigration has attended the latest draw by the Saskatchewan province’s successful Entrepreneur stream.

The Saskatchewan's Immigrant Nominee Program draw held on 5 September 2019 observed 45 invitations announced for Saskatchewan immigration. Applicants scored a median of 125 points to be eligible, with the lowest-ranked applicant obtaining an Invitation to apply scoring 120 points.

Below the S.I.N.P Entrepreneur stream, applicants initially come to the province of Saskatchewan on a Work Permit, prior to being nominated for Canada PR after their business has been built.

Candidates need to have a net worth of CAD 500,000 and invest a minimum of CAD 300,000 if their business is established in Regina or Saskatoon, or CAD 200,000 in any different Saskatchewan area.

Saskatchewan has now issued invitations to 262 candidates to apply by the Province's Entrepreneur Stream in 2019, later issuing invitations to 824 candidates during 2018.

The recent draw saw the equivalent number of invitations announced as the prior draw. The biggest draw to date held on October 2017, where 265 applicants have received invitations.

List of Saskatchewan Entrepreneur Draws Conducted in 2019

Saskatchewan province plans one more Entrepreneur draw on 7 November 2019.

The province proposed to raise the frequency of the draws at the close of 2018, from every 3 months to every 2 months. It will notice 2019 become the initial year to see 6 Entrepreneur draws managed.

Process of Saskatchewan's Immigration Entrepreneur Stream

The Saskatchewan's immigration Entrepreneur stream basically a three-stage process:

• Submitting Expression of interest to the Saskatchewan Immigration
• Receiving an Invitation to provide a comprehensive application
• Finally Receiving Nomination from the Saskatchewan province

The EOI need to meet the below minimum requirements:

• $500,000 Minimum net worth which is legally acquired.
• Three years of entrepreneurial or related experience in management.
• $300,000 minimum Investment in Regina or Saskatoon, or $200,000 in any different area of Saskatchewan.

Applicants can access the pool where they get a score. The best scoring applicants are invited to apply.

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