Saskatchewan Immigration Nominee Program Entrepreneur SINP Business Immigration Category
Saskatchewan Immigration Nominee Program Entrepreneur SINP and Farm category offers successful candidates and their families the opportunity to establish, acquire or partner in a business in Saskatchewan and be actively involved in its management. Candidates interested in owning and actively operating a business or farming operation can submit an Expression of Interest (EOI) using the updated SINP Entrepreneur application.
Saskatchewan Immigration Nominee Program Entrepreneur SINP Eligibility
To be selected and approved for the Saskatchewan Immigration Nominee Program Entrepreneur SINP Category applicant must meet three eligibility criteria in the SINP Entrepreneur immigration Category as follow:
- A minimum net worth of $500,000 Canadian Dollars (CAD) that can be verified.
- Accumulation of net worth through legal means, which can be verified.
- Minimum three years entrepreneurial or relevant business management experience.
Saskatchewan Immigration Nominee Program Entrepreneur SINP Selection process
The Saskatchewan Immigration Nominee Program Entrepreneur SINP is a point based system. EOI applicants with highest points are invited to submit their business plan and supporting documents.
Providing inaccurate or misleading information during the application process will result in application refused you will not be permitted to submit an EOI or application to the SINP for a period of two years.
Consult our immigration lawyers before submitting your application.
Saskatchewan Immigration Nominee Program Entrepreneur SINP Requirements
Successful applicants of the Saskatchewan Immigration Nominee Program Entrepreneur SINP Category will be nominated for permanent residency and required required to:
- Invest a minimum of $300,000 (CAD) in Regina and Saskatoon or a minimum of $200,000 (CAD) in all other Saskatchewan communities;
- Establish a business that aligns with the points assigned in the Entrepreneur Category Points Grid, if applicable (for investment amount and sector);
- Own at least one third (33 1/3%) of the equity of a business in Saskatchewan unless your total investment is $1 million CAD or higher;
- Provide active and on-going participation in the day to day management and direction of the business; and
- If you are establishing a new business in Regina or Saskatoon, create two employment opportunities for Canadians or permanent residents in Saskatchewan (non-relative workers).
Applicant that are nominated by the Saskatchewan Immigration Nominee Program Entrepreneur SINP Category need to apply to Citizenship and Immigration Canada (CIC) for Permanent Residency. CIC will assess applicant eligibily including an assessment of health, criminality and security. The SINP is not responsible for CIC’s decision to grant or deny Permanent Residency status.
Contact Alghoul & Associates’ experienced Immigration lawyers for help with your immigration matter.