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Saskatchewan Province Set To Invite Fresh Immigrant Entrepreneurs

17 Jul 2018


Saskatchewan-immigration

Saskatchewan has a plan to conduct its latest draw for the Entrepreneur stream  on July 18th. All Potential candidates interested in business immigration need to get their expressions of interest on an urgent basis to the Saskatchewan Immigration Nominee Program for its consideration.

In the past the draw for this stream took place on April 18th, 2018. It issued 231 invitations in the score range from 90 to 135 points. 

The largest entrepreneur stream draw of the province was held in October 2017.  It issued 265 invitations.

Details of Entrepreneur Stream Invitations

Date Lowest score Average score Highest score Number of invitations
April 2018 90 100 135 231
January 2018 80 95 145 251
October 2017 80 100 135 265
July 2017 80 100 145 98
May 2017 80 105 140 142
March 2017 95 110 135 107
December 2016 120 120 130 14
September 110 115 135 57
2016        
May 2016 110 120 155 88
October 2015 110 125 155 70


The Saskatchewan Immigration Entrepreneur stream involves a process of three-stages:

The EOI needs to meet the following entry requirements:

  • Minimum net worth of $500,000 which must be acquired legally.
  • Minimum three years of entrepreneurial/relevant experience of management.
  • Investment of $300,000 in Saskatoon / Regina, or $200,000 is other areas of Saskatchewan.

The Candidates who enter the pool get a score. Moreover, the candidates getting the top score receive invitations for submitting an application.

Features of an Application:

  • A Business Establishment Plan which confirms figures in EOI, and includes one third ownership of a company in Saskatchewan, unless the amount of investment is $1 million or above.
  • Commitment to participate in daily business management.
  • Creating of two or more jobs for citizens or permanent residents of Canada in case the business is located in Saskatoon / Regina.

The SINP website has issued the note that the SINP has the right to assess Business Establishment Plans by professional third parties. They are identified by the government and the exercise is conducted by third parties with a focus on the preparation and diligence of the applicant while preparing the proposed business plan.

To get more details related to Canada fill out a Free Evaluation Form or contact us at visas@opulentuz.com or call us 7207111222. One of our experts will meet your expectations and provide answers to queries.


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