Saskatchewan Invites 54 Canada Immigration Candidates In New Entrepreneur Draw

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Saskatchewan Invites 54 Canada Immigration Candidates In New Entrepreneur Draw
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Canada immigration news: Saskatchewan immigration has issued 54 invitations in a new Entrepreneur stream draw through the Saskatchewan Immigrant Nominee Program (SINP).

The May 5 draw required a minimum score of 90 and an average score of 110 points.


Saskatchewan Entrepreneur Stream 2022 Draws

Date

Lowest score

Average score

Highest score

Number of invitations

05-May-22

90

110

130

54

03-Mar-22

80

90

135

58

06-Jan-22

90

105

140

51

Source: https://www.saskatchewan.ca


Entrepreneur Stream Future 2022 Draw Dates

  • September 1
  • November 3

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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