Saskatchewan Immigrant Nominee Program (SINP) Entrepreneur Category Information Session
Date: Saturday, August 5, 2017, 14:00 - 17:00
Location: 6th Floor, Excellence Times Plaza, 4068 Yitian Road, Futian Central District, Shenzhen
Reservation: 400 0909 899
In recent years, with the surge in the number of applicants for Canadian investment immigration, some Canadian investment immigration programs have shown a trend of stricter requirements and higher standards for documentation, which has deterred many investors. As one of the few convenient pathways to immigrate to Canada, the Saskatchewan Immigrant Nominee Program (SINP) has become a new favorite for Canadian investment immigration in 2017, thanks to its many advantages such as lower investment amounts, lower thresholds, significantly reduced EOI scores, and high application success rates.
On March 23, 2015, Saskatchewan relaunched its new policy and introduced the EOI screening system. After passing the screening and relevant audits, applicants can obtain a Canadian work permit in as little as 10 months. They can then move to Saskatchewan to start a business with the work permit. After meeting the government's business requirements, they can apply for provincial nomination and ultimately obtain Canadian permanent resident status.
Application Requirements
1. Possess at least 500,000 CAD in net assets
2. Possess at least 3 years of business management experience
3. EOI score of 75 points or higher
4. Intention to invest at least 300,000 CAD in Saskatoon or Regina, or at least 200,000 CAD in other areas of Saskatchewan, and create at least 2 job opportunities
Advantages of the Saskatchewan Investment Immigration Program:
• Low threshold, with no requirements for age, language, or education
• Short processing cycle; applicants can obtain a work permit first to land in Saskatchewan early, allowing children to study in Canada sooner
• No requirement for an investment deposit
• Low cost of living, comprehensive social welfare, and high-quality educational resources
As shown in the chart above, from October 2015 to September 2016, the minimum EOI score for the Saskatchewan investment immigration program remained at 110 points, and even climbed to a peak of 120 points in December 2016, which deterred many investors from the Saskatchewan investment immigration program.
Fortunately, in March 2017, the minimum EOI score dropped sharply from the previous 120 points to 95 points, and two months later, in May 2017, it dropped again to 80 points. This is a full 40 points lower than the previous minimum of 120 points. Consequently, there has been a significant surge in applications, with the number of selected candidates jumping from 14 to 142, a 10-fold increase.
It can be seen that the Saskatchewan investment immigration program has increasingly lower requirements for the education and language proficiency of investors, extending an olive branch to more investors. Especially for small and medium-sized entrepreneurs, the Saskatchewan Entrepreneur Immigration Program is undoubtedly one of the programs with a lower threshold for immigrating to Canada. Moreover, this program combines entrepreneurship with immigration, making it more suitable for applicants who intend to settle and start a business in Canada, becoming a new favorite for Canadian investment immigration in 2017.
Especially now that the score has been significantly reduced by 40 points, it is an excellent time for investment immigration to Canada. Therefore, it is recommended that entrepreneur immigration applicants submit their materials as soon as possible.
Currently, Worldway Group offers high-quality programs such as the Saskatchewan Investment Immigration, Quebec Investment Immigration, Manitoba Investment Immigration, and Prince Edward Island Investment Immigration to help you successfully immigrate to Canada and enjoy Canada's high-quality resources.
For more information on investment immigration to Canada or other Canadian immigration programs, please call: 400-138-2929
