Saskatchewan Invites 65 In Largest Entrepreneur Immigration Draw Of 2021

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Saskatchewan Entrepreneur Draw: Province Invites 58 Canada Immigration Candidates
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Canada immigration news: Saskatchewan immigration has issued 65 invitations with a minimum score of 100 in its largest Entrepreneur stream draw since their resumption after the COVID-19 crisis.

The November 4 draw is the third since the Saskatchewan Immigrant Nominee Program (SINP) suspended them as of March 2020, the month the deadly virus first swept through Canada, forcing governments to impose restrictions.


Saskatchewan Entrepreneur Stream 2021 Draws

Date

Lowest score

Average score

Highest score

Number of invitations

04-Nov-21

100

110

130

65

02-Sep-21

110

115

125

41

12-Jul-21

120

125

155

28

Source: https://www.saskatchewan.ca


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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