Canada - Saskatchewan Business Immigration
The Saskatchewan Immigrant Nominee Program (SINP) can provide an alternate and quicker means of entry into Canada. It allows Saskatchewan to nominate applicants, who qualify under criteria established by the province, to the federal government for landed immigrant status. The SINP offers:
- The ability to select applicants whose skills and abilities best fit the province's needs;
- Application processing times that are faster than other federal immigration classes
The Saskatchewan Immigrant Nominee Program (SINP) has launched a new process for the Entrepreneur Category that will improve processing times for applicants who wish to invest their management talent and capital in a Saskatchewan business. This category attracts investment and fosters the creation of more jobs in Saskatchewan.
There are four criteria in the SINP Entrepreneur Category that you must meet to be approved for nomination:
- A minimum net worth of $300,000 Canadian Dollars (CAD) that can be verified.
- Accumulation of net worth through legal means, which can be verified.
- Minimum three years entrepreneurial or relevant business management experience.
- Intent to reside and actively invest in Saskatchewan, which is evaluated using the Intent Grading Grid.
If you are approved for nomination by the SINP - Entrepreneur Category, you will be required to:
- Have a minimum active investment of $150,000 CAD in the Province of Saskatchewan. If you own less than 1/3 of the business, then your total investment must be worth at least $1 million CAD;
- Be involved in the day-to-day management of your business; and
- Make a $75,000 Good Faith Deposit. If you meet certain conditions, you may apply for your Good Faith Deposit to be returned.
An interview is not obligatory for the SINP - Entrepreneur Category, but we may request an interview if we need to further review your criteria. If you are nominated by the SINP, Citizenship and Immigration Canada (CIC) is responsible for assessing your eligibility for Permanent Residency, including an assessment of health, criminality and security. The SINP is not responsible for CIC’s decision to grant or deny Permanent Residency status.