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Saskatchewan a Solid Option for Entrepreneur Immigration Candidates

The popular Saskatchewan immigration Entrepreneur stream is becoming an increasing SINP priority after another draw featuring high Expression of Interest numbers.

The latest draw, conducted on April 18, 2018, saw 231 Entrepreneur candidates issued with Expressions of Interest, meaning the total EOIs for the last three draws eclipses the combined total for the seven before that, dating back to October 2015.

Saskatchewan a Solid Option for Entrepreneur Immigration CandidatesSaskatchewan has now issued EOIs to 747 Entrepreneur candidates since October 2017, having only issued 576 in the entire history of the program before that date.

Two conclusions can be made: that the Saskatchewan Entrepreneur program is proving popular among business candidates, and the Saskatchewan Immigrant Nominee Program is keen to prioritize these candidates under its provincial immigration allocation.

Saskatchewan Entrepreneur Stream Draws

Date Lowest score Average score Highest score Number of invitations
April 2018 90 100 135 231
January 2018 80 95 145 251
October 2017 80 100 135 265
July 2017 80 100 145 98
May 2017 80 105 140 142
March 2017 95 110 135 107
December 2016 120 120 130 14
September 2016 110 115 135 57
May 2016 110 120 155 88
October 2015 110 125 155 70

Source: https://www.saskatchewan.ca

The previous two draws saw numbers even higher than the April 2018 draw, with 251 candidates issued with EOIs in January 2018, and 265 in October 2017.

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

Planned 2018 SINP Entrepreneur Stream Draw Dates

  • 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.”

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

New 2018 Saskatchewan Occupations In Demand

National Occupation Classification (NOC) Occupations
211 Engineering managers
2131 Civil engineers
2132 Mechanical engineers
2133 Electrical and electronics engineers
2141 Industrial and manufacturing engineers
2147 Computer engineers (except software engineers and designers)
2151 Architects
2154 Land surveyors
2173 Software engineers and designers
2175 Web designers and developer
4151 Psychologists
4212 Social and community service workers
4214 Early childhood educators and assistants
3211 Medical laboratory technologists
3216 Medical sonographers
423 Managers in social, community and correctional services
1122 Professional occupations in business management consulting
2212 Geological and mineral technologists and technicians
2121 Biologists and related scientists
2123 Agricultural representatives, consultants and specialists
2225 Landscape and horticulture technicians and specialists
2242 Electronic service technicians (household and business equipment)
2243 Industrial instrument technicians and mechanics
6331 Meat cutters
7231 Machinists
7272 Cabinetmakers
7311 Industrial mechanics
7312 Heavy-duty equipment mechanics
7321 Automotive service technicians, truck and bus mechanics
7322 Motor vehicle body repairers
7237 Welders
811 Managers in natural resources production and fishing
821 Managers in agriculture
911 Manufacturing managers
912 Utilities managers

Occupations Dropped From List For 2018

National Occupation Classification (NOC) Occupations
124 Advertising, marketing and public relations managers
1112 Financial and investment analysts
1123 Professional occupations in advertising, marketing and public relations
2211 Chemical technologists and technicians
2231 Civil engineering technologists and technicians
2241 Electrical and electronics engineering technologists and technicians
2253 Drafting technologists and technicians
714 Facility operation and maintenance managers

Source: www.saskatchewan.ca

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