Saskatchewan Immigrant Nominee Program (SINP) - Entrepreneur Category
Saskatchewan Business Immigration
Entrepreneur Stream
The Saskatchewan Entrepreneur Stream allows candidates and their families to start, obtain or partner in a business in the province.
Candidates must be actively involved in managing the business and live in Saskatchewan.
How Do I Apply For The Saskatchewan Entrepreneur Stream?
The Saskatchewan Entrepreneur stream is a three-stage process:
- Expression of interest;
- Invitation to submit application;
- Nomination;
Successful candidates initially come to Canada on a temporary work permit.
They become eligible to apply for nomination after a minimum of 6 months spent establishing their business.
The expression of interest must meet the following minimum entry requirements:
- Minimum net worth of $500,000 legally acquired.
- Minimum of three years of entrepreneurial or relevant management experience.
- Investment of at least $300,000 in Regina or Saskatoon, or $200,000 is any other Saskatchewan area.
Candidates enter a pool where they receive a score. The top scoring candidates are invited to submit an application.
Applications must include:
- Business Establishment Plan confirming figures in expression of interest, and including at least one third ownership of a company in Saskatchewan, unless investment is $1 million or higher.
- Commitment to be active in day-to-day management of business.
- Creation of two or more jobs for Canadian citizens or permanent residents if the business is located in Regina or Saskatoon.
Candidates who meet requirements must sign a Business Performance Agreement (BPA).
The SINP will then issue a letter to support a work permit application.
If the work permit application is successful, candidates come to Canada and begin establishing their business.
After 6 months, candidates become eligible to apply for provincial nomination for permanent residence. They must also meet the terms of the BPA.
