September 14, 2018 – Saskatchewan immigration is planning a new Entrepreneur Stream draw on Wednesday, September 19.
Immigrant entrepreneurs who are ready to submit an Expression of Interest should do so quickly if they want to be considered for this draw.
The Saskatchewan Entrepreneur Stream requires the candidate to establish their business in the province while on a temporary work permit.
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Saskatchewan Conducts First Draw Under Expression of Interest System
Saskatchewan Increases Frequency Of Entrepreneur Stream Draws
How to Qualify under the New Saskatchewan and Quebec Expression of Interest Immigration Systems
Only once the business is established, and the terms of an agreement met, does the province nominate candidates for permanent residence.
The province recently increased the frequency of the popular stream, through which 669 invitations have been issued so far in 2018.
Previously draws took place every three months, now they will take place every two months.
After Wednesday’s draw, one further 2018 draw is planned for November 21.
Saskatchewan Entrepreneur Stream Draws
Date | Lowest score | Average score | Highest score | Number of invitations |
July 2018 | 100 | 105 | 135 | 187 |
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 2016 | 110 | 115 | 135 | 57 |
May 2016 | 110 | 120 | 155 | 88 |
October 2015 | 110 | 125 | 155 | 70 |
Source: https://www.saskatchewan.ca
The Saskatchewan immigration Entrepreneur stream is a three-stage process:
- Expression of interest
- Invitation to submit application
- Nomination
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 apply.
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.
The SINP website says: “Please note that the SINP reserves the right to have Business Establishment Plans assessed by professional third parties identified by the government of Saskatchewan.
“The assessment conducted by third parties will focus on the preparation and due diligence conducted by the applicant in preparing their proposed business plan.”
How to Qualify under the New Saskatchewan and Quebec Expression of Interest Immigration Systems
Interested employers: Kindly contact us here to receive further information.
Interested candidates: Find out whether you qualify to Canada by completing our free on-line evaluation. We will provide you with our evaluation within 1-2 business days.
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