Saskatchewan Entrepreneur Immigration Draw To Happen On Wednesday, January 17

The latest draw of the Saskatchewan immigration Entrepreneur stream will be conducted on Wednesday, January 17.

Potential business immigration candidates are advised to get their expressions of interest in urgently if they wish to be considered in this draw.

The previous Entrepreneur stream draw took place on October 31, 2017. The Saskatchewan Immigration Nominee Program (SINP) draw saw 265 invitations issued with scores ranging from 80 to 135 points. It was one of the province’s largest-ever entrepreneur stream draws.

Saskatchewan Entrepreneur Stream: October 31 Draw

Source: https://www.saskatchewan.ca

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.”

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Saskatchewan Express Entry Draw

Meanwhile, Saskatchewan recently opened its popular Canada Express Entry category for 400 applications. The stream opened on January 10, and closed again on January 11 after all the spaces were filled.

The province’s 2018 limit for the stream is 2,600 applications, with the category set to be opened and closed throughout the year so that processing times can be managed.

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.

Candidates must pay a non-refundable $300 fee on submitting their application.

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 Occupations In Demand