New List Of 2022 Draw Dates Published For Saskatchewan Entrepreneur Category

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New List Of 2022 Draw Dates Published For Saskatchewan Entrepreneur Category
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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 5 
  • 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

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06-Jan-22

90

105

140

51

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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:

  1. Official language ability.
  2. Those with businesses planned for a key economic sector.
  3. Completion of an exploratory visit.

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The Saskatchewan immigration Entrepreneur stream is a three-stage process:

  1. Expression of interest
  2. Invitation to submit application
  3. 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.

 

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