Home » Canadian Visas »
Provincial Nominee »
Saskatchewan »
Entrepreneurs
Saskatchewan Immigrant Nominee Program (SINP)
Entrepreneurs
General Criteria:
- a minimum net worth of C$300,000 which can be verified;
- accumulation of net worth through legal means, which can be verified;
- minimum three (3) years' entrepreneurial or relevant business management experience;
- intent to reside and actively invest in Saskatchewan.
Requirements:
- minimum active investment of C$150,000 in the Province of Saskatchewan, and if the
ownership is less than 1/3 of the business, the total investment must be worth at
least C$1 million;
- day-to-day management of the applicant's business;
- make a C$75,000 good faith deposit
As of October 1, 2009 SINP has launched a new process for the Entrepreneur Category
that will improve processing times, attract investment and create more jobs in Saskatchewan.
The applicant can apply here through one of the following streams:
Large Scale Investor
The applicant must actively invest C$10 million or more in the province to qualify. Make sure
that on the applicant's Business Establishment Proposal the applicant indicate you're applying for the
Large Scale Investor Stream. Once the applicant has been successfully nominated, the applicant (the
Principal Applicant) can request nomination for up to ten (10) critical members
of the applicant's management team who in turn apply to the SINP through the Skilled Worker
Category.
Applications in this stream will be given priority processing. If you're deemed
ineligible, the applicant can re-apply under the General Entrepreneur Category.
Farm Owner/Operator
Criteria & Requirements:
- The applicant has a minimum personal net worth of C$300,000 which is verifiable to 80% certainty;
- Legal accumulation of funds, verifiable also to 80% certainty;
- No older than 40-years-old at time of application;
- Have a minimum of three (3) years' farm ownership, farm management or practical
farming experience;
- A proposal for a commercial Saskatchewan farming opportunity based on thorough research
and a reasonable expectation of profit and a minimum of C$10,000 annual revenue;
- The applicant or spouse must have marketable employment skills, based on education and experience
that allows them to supplement the applicant's farming income;
- Conduct an exploratory visit to Saskatchewan lasting at least five (5) days prior
to submitting the applicant's application;
- A minimum equity investment of C$150,000 in a new or existing farming operation
in Saskatchewan comprised of either capital assets (land, machinery) or working
capital;
- Make a C$75,000 refundable deposit into the Saskatchewan Entrepreneur Trust Fund
(C$2,500 upon acceptance of application and C$72,500 upon nomination).
Science and Technology Stream
Criteria:
- Own a patent and intend to commercialize it through an active investment in Saskatchewan;
or,
- Own an innovative IT idea and intend to commercialize it through an active investment
in Saskatchewan; or,
- Intend to actively invest in a partnership with an existing Saskatchewan science
and technology-based firm.
This stream is given priority processing. However, the applicant must meet the basic criteria
of the Entrepreneur Category (see below), and the applicant's scientific education and/or research-based
work experience will be considered in assessing the applicant's entrepreneurial or business
management experience.