Latest Saskatchewan Immigration Entrepreneur Draw Sees Continued High Numbers

Saskatchewan immigration’s latest Entrepreneur stream draw, conducted on January 17, 2018, saw continued high numbers of business candidates invited to apply.

After setting a new record of 265 invites in its previous draw on October 31, 2017, the latest draw saw a further 251 invites issued.

Prior to the most recent two draws, the largest draw had featured 142 invites, with the majority falling below 100.

In the January 17 draw, the lowest-marked candidate scored 80 points, with the average 95 and the highest 145.

Saskatchewan Entrepreneur Stream Draws

Source: https://www.saskatchewan.ca

The October Entrepreneur stream draw under the Saskatchewan Immigration Nominee Program (SINP) saw a points range of 80 to 135 and an average of 100.

Saskatchewan is planning three more draws in 2018, although it warns the dates are subject to change.

Planned 2018 SINP Entrepreneur Stream Draw Dates

• April 18
• July 18
• October 17

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 is 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.

The SINP website says: “Please note that the SINP reserves the right to have Business Establishment Plans assessed by professional third parties identified by the government of Saskatchewan. The assessment conducted by third parties will focus on the preparation and due diligence conducted by the applicant in preparing their proposed business plan.”

Meanwhile, Saskatchewan opened it’s popular Canada Express Entry category on January 10, 2018.

The International Skilled Worker – Saskatchewan Express Entry stream accepted 400 applications and closed within 24 hours.

The category is aimed at skilled workers wishing to live and work in Saskatchewan, have a profile in the Canada Express Entry Pool and meet specific criteria.

Eligibility: International Skilled Worker – Saskatchewan Express Entry

Candidates from outside Canada, or with legal status in Canada, qualify for this Saskatchewan immigration category, provided they are not a refugee claimant.

Additionally, candidates must:

• Have a profile in the Canada Express Entry Pool and a job seeker validation code.
• Score a minimum of 60 points out of 100 on the SINP grid.
• Provide valid language test results from a designated testing agency. The results should match what you declared in your Express Entry profile.
• Have completed at least one year of post-secondary education, training or apprenticeship that’s comparable to the Canadian education system. You should have earned a diploma, certificate or degree.
• Have at least one of the following:
  • One year of work experience in the past 10 years in a skilled profession (non-trades);
  • Two years of work experience in a skilled trade in the past five years; or
  • One year of work experience in Canada in the past three years (trades and non-trades).
• Have work experience in a high skilled occupation in the National Occupational Classification (NOC) 0, A or B considered in demand in Saskatchewan.
• Prove you are eligible for a license in Saskatchewan, where your profession is regulated, or a skilled trade. For skilled trades, a certificate is required from the Saskatchewan Apprenticeship and Trade Certification Commission.
• Have proof of settlement funds and a settlement plan.

Saskatchewan also recently updated its list of occupations in demand. The province dropped eight occupations from the revised 2018 list.

New 2018 Saskatchewan Occupations In Demand

Occupations Dropped From List For 2018

Source: www.saskatchewan.ca