Saskatchewan, Canada, attracts many immigrants to settle or invest due to its beautiful environment, affordable living costs, and relatively low housing prices, which offer significant appreciation potential. Are you aware of the new immigration policies in Saskatchewan, Canada? Are there any changes in 2017?
Saskatchewan Immigration New Policy
In recent years, Canada's investment immigration policies have been constantly changing, with increasing thresholds and decreasing quotas. Some programs have even suspended the acceptance of new immigration applications. Due to various factors such as Saskatchewan's beautiful environment, low cost of living, and affordable housing prices, investing in real estate in Saskatchewan has always been a priority for many when considering investment immigration projects.
Saskatchewan Immigration Requirements
1. Family net worth: The net worth of the main applicant or both spouses must be at least CAD 500,000;
2. Management experience: At least three years of management experience in the past ten years; executives, shareholders, and sole proprietors are eligible to apply;
3. EOI score must be above 110;
4. Entrepreneurial requirements: Invest at least CAD 300,000 in Saskatoon or Regina, or at least CAD 200,000 in other areas of Saskatchewan; if investing in Regina or Saskatoon, at least two job opportunities (non-relative) must be created for Canadian residents or permanent residents.
Saskatchewan Immigration Process
1. EOI Stage (1-4 months): Visa processing ⇒ IELTS preparation stage ⇒ Submit EOI
2. Wait for EOI results (3-8 months): Receive the submission review notice (ISA) issued by the immigration office
3. Formal application stage (5-9 months): Prepare and submit formal application materials, pay application fee of CAD 2,500 ⇒ Receive pre-approval letter
4. Work permit application stage (3 months): Invest and apply for Canadian permanent residency in Saskatchewan
5. Saskatchewan investment and entrepreneurship stage: Arrive in Saskatchewan to invest and start a business according to the business plan
6. Provincial nomination stage (1-3 months)
7. Federal stage process (10-12 months): Prepare federal application documents ⇒ Obtain federal file number ⇒ Receive medical examination form ⇒ Receive visa issuance letter