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Saskatchewan Immigrant Nominee Program (SINP) nominated eligible candidates from the Expression of Interest (EOI) pool under the Entrepreneur stream on January 05.
The EOI is not an application in itself but expresses willingness to be nominated by SINP to eventually qualify for Canadian permanent residence.
January 05 EOI draw invited 50 candidates under the Entrepreneur stream. It allows eligible foreigners to run a business and settle in the province based on their business experience, assets, and a Business Establishment Plan (BEP).
In its first entrepreneurs stream EOI draw in 2023, Saskatchewan extended invitations to candidates having qualifying scores of 85 and above under Points Grid. Those with 80 points were invited to apply after meeting the English or French proficiency criteria of Canadian Language Benchmark (CLB) 6 or higher.
Additionally, SINP considers candidates under other immigration programs like International Skilled Workers or Workers with Saskatchewan Work Experience for provincial nominations.
There is no fee for submitting an EOI. Discover your chances of immigrating to Canada by taking this free assessment online.
Saskatchewan PNP: The Entrepreneur Category Process
Saskatchewan considers interested candidates to qualify for Canada PR after receiving successful provincial nominations if they meet the following entry criteria:
- Have a minimum of $500,000 (CAD) in Net Business and Personal Assets.
- Have at least three years of relevant business management or entrepreneurial experience gained in the past ten years.
- Plan to invest a minimum of $300,000 (CAD) in Regina and Saskatoon, or a minimum of $200,000 (CAD) in all other Saskatchewan communities.
Expression of Interest (EOI) Submission to the SINP
To submit an EOI to the SINP, candidates must meet the entry criteria and subsequently, complete the Points Assessment Grid.
Under the Points Assessment Grid, candidates must demonstrate their commitment to meaningfully settling in Saskatchewan by demonstrating their work experience, education, language ability, age, and connections to the province among others.
However, in addition to ranking EOI profiles based on points scored, the province uses other factors to decide on matters, like the same or equal points.
Official language skills will be chosen first (with the highest language ability prioritized), followed by those with businesses planned for a key economic sector, and finally, those who complete an exploratory visit.
The next SINP draws under the Entrepreneur stream is expected on March 2, 2023 and May 4, 2023.
If you’re interested in securing your spot for Canadian immigration, consider booking a free appointment with us today! Get tailor-made immigration advice based on your work profile.
