Canada immigration news: Saskatchewan has published a new set of 2022 draw dates for the Canada immigration Entrepreneur category of the Saskatchewan Immigrant Nominee Program (SINP).
Draws will take place on the following dates:
- May 5Â
- July 7
- September 1
- November 3
Saskatchewan’s Entrepreneur category targets candidates with a minimum net worth of $500,000, requiring investment of $200,000 or $300,000, depending on the location of the business.
Two draws have taken place already in 2022, with a total of 107 invitations issued.
Saskatchewan 2022 Entrepreneur Stream Draws
|
Date |
Lowest score |
Average score |
Highest score |
Number of invitations |
Details |
|
03-Mar-22 |
80 |
90 |
135 |
58 |
|
|
06-Jan-22 |
90 |
105 |
140 |
51 |
Saskatchewan prioritizes three selection factors to separate candidates with the same score on the Entrepreneur stream points grid.
The three factors, in order of priority, are:
- Official language ability.
- Those with businesses planned for a key economic sector.
- Completion of an exploratory visit.
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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 in 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.