India's Most Eminent Visas and Immigration Consultant

Start Your Free Assesment Here..

Where do you live?
Where do you want to go?
Complete our Free visa assessment form today to make the complex visa application process simple.

Quick Enquiry Pointer

Click here to submit

Quick Enquir

Y

I agree with the T&C and Privacy Policy

Saskatchewan Immigration: Modifies Entrepreneur Stream Selection Process

January 2020, 07
EMAIL  Print A+

Saskatchewan Immigration: Modifies Entrepreneur Stream Selection Process
Saskatchewan provincial immigration has modified the way it chooses applicants through its famous Entrepreneur stream, with the subsequent Expression of Interest draw anticipated on 7 Jan 2020.

The province of Saskatchewan will prefer 3 selection factors to separate applicants with the equivalent score in the point’s grid of the Entrepreneur stream.

To maintain application inventory and to achieve the target processing times of 3 months, the Saskatchewan PNP will choose EOI applicants from the system that depends on points score as well as other human capital parameters for success of business and settlement, a Saskatchewan Immigrant Nominee (SINP) Program statement announced.

Major Selection Factors for Entrepreneur Candidates

The 3 factors, in order to get priority, are:

1.    Formal language proficiency.

2.    Those with businesses designed for a principal economic sector.

3.    Fulfillment of an exploratory visit.

Saskatchewan has recognized these 3 factors as principal to a candidate’s future economic progress in the province. Saskatchewan province’s latest Entrepreneur draw held on 5 December 2019, with 62 invitations issued and a median point score is 120. Future draws are intended for 7 January 2020 and 5 March 2020.

List of 2019 Saskatchewan Entrepreneur Stream Draws

Date

Lowest score

Average score

Highest score

Number of invitations

December 2019

120

120

145

62

September 2019

120

125

150

45

July 2019

120

125

155

45

May 2019

120

125

135

43

March 2019

120

125

140

39

January 2019

115

120

150

90

Process of Selection

The Saskatchewan provincial immigration Entrepreneur stream is a 3 step process:

  • The first step is Expression of interest
  • Receiving ITA to submit an application
  • Receiving Nomination

The EOI need to meet the below minimum entry criteria:

  • The minimum net worth of CAD 500,000 and that must be legally acquired.
  • A Minimum of 3 years of experience in entrepreneurship or management.
  • Investment of $300,000 in Saskatoon or Regina or $200,000 in any other area in Saskatchewan.

Applicants access the applicant's pool where they will receive a score. The top-scoring applicants are invited to apply.

Meanwhile, Saskatchewan started the latest International Stream of Graduate Entrepreneur in the month of December 2019, aimed at global students who are graduating from the institutions in Saskatchewan province.

The stream runs on a 4-stage process, where applicants present an Expression of Interest, obtain an Invitation to Apply, build their business meanwhile they are with a Post-Graduation Work Permit and then they are nominated for Canada PR.

Please subscribe to MoreVisas newsletters to update with the latest information about Visa and Immigration. Please take our free evaluation to know whether you are qualified or not and also it will help you to know further options available to you.

HaHa , This number is not the website Hits count.
This is the Counseling Count.

1,634,483

Amazing Counseling Sessions
Offered, Free of Cost

Disclaimer - MoreVisas immigration service Pvt.Ltd. does not offer consulting on student visas/ Overseas jobs/work permits/international or domestic placements.
X
Chat Icon

Hi! How can we help you?

Click below button to start chat

chat icon