How is the Saskatchewan Entrepreneur Immigration Program? How to apply for the Saskatchewan Entrepreneur Immigration Program? The Saskatchewan Entrepreneur Immigration Program is established based on negotiations between the Canadian federal government and the Saskatchewan provincial government, and it is one of the fast-track ways to immigrate to Canada. The Saskatchewan Entrepreneur Immigration Program belongs to the priority processing category, and the application time is faster than other immigration categories.
Background of the Saskatchewan Entrepreneur Immigration Program
Saskatchewan has had a Provincial Nominee Program (PNP) since 2007, which was suspended at the end of 2013. On March 23, 2015, the Saskatchewan government announced the restart of the SINP new policy and introduced the EOI system. According to the new regulations, new immigrants can start businesses in different economic sectors, which is a stark contrast to the attitude of the Saskatchewan government compared to other business immigration categories that are limited to specific fields such as agriculture and energy. For the Saskatchewan Entrepreneur Immigration Program, applicants need to submit an Expression of Interest (EOI) first. There is no quota limit, and it places more emphasis on the applicant's business background and management experience.
How to apply for the Saskatchewan Entrepreneur Immigration Program?
The Saskatchewan Entrepreneur Immigration Program began implementing the new EOI policy in 2015.
Since Saskatchewan launched the Provincial Nominee Investment Immigration Program in 1995, it has now entered a stable period. Its core content is work permit + entrepreneurship.
Saskatchewan Entrepreneur Immigration Policy
Applicants who have passed the screening and relevant audits will first obtain a work permit and go to Saskatchewan to start a business. During the period of holding the work permit, the whole family can enjoy local benefits such as free medical care and public education. After meeting the government's entrepreneurship requirements, they can apply for provincial nomination, and finally apply for Canadian permanent resident status.
Saskatchewan Entrepreneur Immigration Application Requirements
The application requirements for the Saskatchewan Entrepreneur Immigration Program are relatively lenient. Applicants only need to meet the following conditions.
1. Possess a net worth of at least 500,000 CAD
2. At least 3 years of management experience in the past 10 years
3. EOI scoring standard reaches 75 points or more
4. Willing to invest at least 300,000 CAD in Saskatoon or Regina, and maintain or create at least two jobs, or invest at least 200,000 CAD in other areas of Saskatchewan
Saskatchewan Entrepreneur Immigration Application Process
How to apply for the Saskatchewan Entrepreneur Immigration Program? The specific application process for the Saskatchewan Entrepreneur Immigration Program is as follows:
1. Assist the applicant in applying for a Canadian business visitor visa
2. Conduct a business trip to Saskatchewan for at least 5 working days
3. Submit an EOI application online
4. After passing the EOI database screening, the Saskatchewan Immigration Office will issue an ISA invitation letter
5. Within 60 days after receiving the ISA, submit a full set of electronic application materials
6. After the application materials are approved, sign the BPA investment agreement, and the Saskatchewan Immigration Office will issue an entrepreneur approval letter to support the applicant in applying for a work permit from the federal government
7. Obtain a work permit and go to Saskatchewan for investment and operation
8. After investing and operating in Saskatchewan for more than 6 months and meeting all the requirements of the immigration office, submit the Saskatchewan investment immigration nomination application online
9. Pass the approval of the Saskatchewan Immigration Office, and the whole family will receive the official nomination from Saskatchewan
10. Submit the application for the federal stage
11. The whole family obtains an immigration visa and lands in Saskatchewan
Saskatchewan Entrepreneur Immigration Costs
What are the costs of the Saskatchewan Entrepreneur Immigration Program? The costs of the Saskatchewan Entrepreneur Immigration Program mainly consist of project fees and other expenses incurred during the immigration process. The specific cost items are as follows:
1. Saskatchewan Entrepreneur Immigration application fee
2. Agency service fee
3. Foreign lawyer fee
4. Notarization fee for documents related to the Saskatchewan Entrepreneur Immigration Program
5. Translation fee for documents related to the Saskatchewan Entrepreneur Immigration Program
6. Fingerprinting fee
7. Landing fee
8. Medical examination fee
9. Other expenses
What are the advantages of the Saskatchewan Entrepreneur Immigration Program?
The Saskatchewan Entrepreneur Immigration Program has many advantages. Only the following points are listed below.
1. Low threshold, no requirements for age, language, education, etc.
2. Short processing cycle and low cost
3. High project success rate
4. Can quickly land in Canada, and children can enjoy free education early
5. Low cost of living, perfect social welfare, and high-quality educational resources