Saskatchewan Entrepreneur
Entrepreneurs
- The Saskatchewan Immigrant Nominee Program’s Entrepreneur stream is a three-stage process:
- Expression of interest
- Invitation to submit application
- Nomination
The expression of interest must meet the following minimum entry requirements:
- Minimum net worth of $500,000 legally acquired.
- Minimum of three years of entrepreneurial or relevant management experience.
- Investment of at least $300,000 in Regina or Saskatoon, or $200,000 is any other Saskatchewan area.
Candidates enter a pool where they receive a score. The top scoring candidates are invited to submit an application.
Applications must include:
- Business Establishment Plan confirming figures in expression of interest, and including at least one third ownership of a company in Saskatchewan, unless investment is $1 million or higher.
- Commitment to be active in day-to-day management of business.
- Creation of two or more jobs for Canadian citizens or permanent residents if the business is located in Regina or Saskatoon.
Farm Owners/Operators
One of two streams geared towards individuals with experience in farming who wish to purchase and operate a farm in Saskatchewan. The main criteria are:
- Net worth of $500,000 CAD;
- Deposit of $75,000 with the province, refundable upon meeting the terms of a performance agreement with the province;
- Exploratory visit to Saskatchewan prior to the application;
- Documented farm operation knowledge and experience.
Young Farmer Stream
As the title indicates, this stream is aimed at young individuals capable of operating a farm in the province. The requirements to apply are:
- Minimum net worth of $300,000 CAD;
- Under the age of 40 at the time of application;
- Minimum of 3 years’ experience in farm ownership, management or practical farming;
- Make a viable proposal for a commercial farming opportunity in Saskatchewan with a reasonable expectation of profit;
- Have other marketable skills that will supplement a farming income;
- Conduct an exploratory visit prior to the application;
- Invest a minimum of $150,000 CAD into a farming operation in Saskatchewan;
- Make a $75,000 refundable deposit with the Province.