Saskatchewan Immigrant Nominee Program (SINP)
The Saskatchewan Entrepreneur Program allows candidates to acquire a Temporary Work Permit to either establish or purchase a business in Saskatchewan, facilitating their settlement in the province. After successfully operating the business for a period of six months, candidates may apply for provincial nomination, which can lead to Canadian permanent residency.
The process of the Saskatchewan Entrepreneur Program consists of four key steps:
- Submit an Expression of Interest (EOI) to the Saskatchewan Immigrant Nominee Program (SINP) and enter the candidate pool.
- Receive an Invitation to apply during a selection round.
- Build up and oversee a trade in Saskatchewan.
- Obtain provincial nomination.
During scheduled draws, referred to as EOI Selections, Saskatchewan immigration officials invite high-ranking candidates from the EOI pool.
The Saskatchewan EOI framework for Business person candidates capacities additionally to that of Universal Gifted Specialist (ISW) candidates. Interested individuals must make a profile in the SINP’s online Forsake cultivate system and surrender an EOI.
Candidates who fulfill the minimum eligibility criteria may enter the pool, where they will receive a score and be ranked accordingly. It is important to note that this submission does not constitute an application to the Saskatchewan Entrepreneur Program; rather, it expresses the candidate’s interest to the SINP.
In contrast to the ISW criteria, there is no minimum score requirement for Entrepreneur candidates to enter the EOI pool. The EOI score plays a significant role in the selection process for invitations, although Saskatchewan also evaluates “other factors for business and settlement success.” Additionally, unlike the ISW process, candidates are unable to modify their EOIs once they have been submitted, as the SINP specifies that age points are determined based on the candidate’s age at the time of submission.
Minimum requirements for eligibility in the Saskatchewan Entrepreneur Program EOI candidate pool are as follows:
Prospective candidates are required to:
Possess a minimum of $500,000 CAD in net personal and business assets;
Exhibit a minimum of three years of relevant business management or entrepreneurial experience within the past decade; and
Plan to invest a minimum of $300,000 CAD in Regina or Saskatoon, or at least $200,000 CAD in another community within Saskatchewan.
Saskatchewan Entrepreneur Program Points Assessment Framework
1. Human Capital
Factor | Description | Points | Required Documents |
Age | 20 or less | 0 | · Birth certificate · Passport · National identity card
|
21-29 | 10 | ||
30-30 | 15 | ||
40-54 | 10 | ||
55+ | 0 | ||
Exploratory Visit | Least of five working days in Saskatchewan, illustrating important trade associations, inside the 12 months earlier to the accommodation of the Expression of Intrigued (EOI) |
15
|
· Passport/visa · Exploratory Visit Report
|
Official Language Proficiency: English/French | No language assessment | 0 |
Official comes about from IELTS Common, CELPIP Common, or TEF test |
Canadian Dialect Benchmark (CLB) level 4 | 5 | ||
CLB level 5 | 10 | ||
CLB level 6 or higher | 15 | ||
Education/Qualifications (Only the highest qualification will be evaluated, with a maximum of 15 points for this factor) | Trade or occupational certification from a recognized post-secondary training or apprenticeship of at least one year, full-time | 10 |
Certificate of apprenticeship detailing program specifics, dates, and duration Education certificate, degree, or diploma accompanied by official transcripts
|
Bachelor’s or Post-graduate degree/designation in Business, Agriculture, or Science/Technology | 15 | ||
Net Business and Personal Assets (CAD) | $500,000 to $549,999 | 0 |
Third-party financial verification report |
$550,000 to $749,999 | 5 | ||
$750,000 to $999,999 | 10 | ||
$1,000,000 and above | 15 |
Total possible points for Section 1: 75.
2. Business Experience:
Factor | Description | Points | Required Documents |
Entrepreneurial or Farming Experience | 4 to 7 Years | 10 | · Organizational Charts · Business Registration/License · Tax Registration · Third-Party Financial Verification
|
8 or more Years | 15 | ||
4 to 7 a long time with 50%+ proprietorship in trade | 15 | ||
8 or more years with 50%+ ownership in business | 20 | ||
Business Income (CAD) | $50,000–$99,999 | 5
|
Third-Party Money related Confirmation Report
|
$100,000–$249,999 | 10 | ||
$250,000–$499,999 | 15 | ||
$500,000+ | 20 | ||
Innovation (maximum of 10 points for this factor)
| Previous verifiable experience in: |
|
Third-Party Financial Verification Report
|
Export Trade | 10 | ||
Registered Patents | 10 | ||
Gazelle Business | 10 |
Total Possible Points for Section 2: 50
3. Business Establishment Plan
Factor | Description | Points | Required Documents |
Investment Sum: Add up to value venture to build up, buy, or extend a qualified trade (CAD)
| $200,000–$349,999 | 0 | · Commerce Foundation Arrange · Conditional Purchase/Sales Agreement · Invoices · License and/or Registration · Third-Party Financial Verification Report
|
$350,000–$499,999 | 5 | ||
$500,000–$749,999 | 10 | ||
$750,000–$999,999 | 15 | ||
$1,000,000+ | 20 | ||
Investment in Key Economic Sectors (proposed business activity – maximum of 15 points for this factor) | Science and Technology | 15 | · Business Establishment Plan · Conditional Purchase/Sales Agreement · Exploratory Visit Report · Resume · Education Credentials
|
Manufacturing | 15 | ||
Export | 15 | ||
Rural Business Development | 15 |
Total Possible Points for Section 3: 35
Total Possible Points Overall: 160.
What are the subsequent steps?
The Saskatchewan Immigrant Nominee Program (SINP) conducts periodic draws from the candidate pool, referred to as EOI Selections, during which invitations are extended to the highest-ranking candidates. These candidates are then eligible to submit a comprehensive application to the program. The application process consists of multiple stages with stringent deadlines, making it essential for candidates to be well-prepared and attentive throughout.
Upon receiving an invitation, candidates have a period of 20 calendar days to remit a non-refundable processing fee of $2,500 CAD and to designate a recognized third-party financial review service for their online application.
The complete electronic application, along with all supporting documents and the Business Establishment Plan (BEP), must be submitted within 90 calendar days of receiving the invitation. The BEP should elaborate on the information provided in the Expression of Interest (EOI) and must encompass:
- A detailed outline of how the candidate intends to establish a business, aligned with the points allocated in the points grid, if relevant (pertaining to investment amount and sector);
- Evidence of ownership of at least one-third (33.3 percent) of the equity in a business located in Saskatchewan, unless the total investment amount is $1 million or more;
- A commitment to actively engage in and oversee the daily operations and strategic direction of the business; and,
- If the candidate is setting up a modern trade in Regina or Saskatoon, a arrange to make two work openings in Saskatchewan for Canadian citizens or changeless inhabitants who are not related to the candidate.
Candidates are allotted 180 calendar days from the date of the invitation to submit the third-party verification report.
The evaluation process will include an interview, which may be conducted in person or via video conference.
Successful candidates will be issued a Commerce Execution Assention (BPA), which they are required to audit and sign. This legal document, established with the government of Saskatchewan, delineates the business sector, investment details, and any other pertinent information, based on the data provided in the BEP. It must be signed and returned to the SINP within 30 days of receipt.
Upon receiving a SINP Entrepreneur Approval Letter, the applicant is obligated to submit an application for a Temporary Work Permit (TWP). This permit allows the applicant to travel to Saskatchewan to either establish or acquire the intended business. Additionally, the applicant must participate in an arrival meeting in Saskatchewan within 18 months of obtaining the SINP Entrepreneur Approval Letter; failure to do so will result in the closure of the application.
After operating the business for six months and adhering to the Business Performance Agreement (BPA), the applicant may then seek provincial nomination. It is essential for the applicant to maintain legal status in Canada during this period; the SINP advises that applicants should have a minimum of six months remaining on their TWP when applying for nomination. Once the nomination is approved, the applicant can proceed to apply for Canadian permanent resident status through the federal government.
FAQ's
The Saskatchewan Entrepreneur Program allows candidates to acquire a Temporary Work Permit to either establish or purchase a business in Saskatchewan, facilitating their settlement in the province. After successfully operating the business for a period of six months, candidates may apply for provincial nomination, which can lead to Canadian permanent residency.
- Submit an Expression of Interest (EOI) to the Saskatchewan Immigrant Nominee Program (SINP) and enter the candidate pool.
- Receive an Invitation to apply during a selection round.
- Build up and oversee a trade in Saskatchewan.
- Obtain provincial nomination.