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Entrepreneurs: Applications Submitted Before March 23, 2015

Please note that as of March 23, 2015, the SINP is no longer accepting applications to the Entrepreneur Category using the criteria in this program. Candidates who applied before March 23, 2015 will have their applications reviewed under the criteria below.

See Apply as an Entrepreneur to apply to the current SINP Entrepreneur Category.

If you have any questions about applications under this particular program, please email saskentrepreneur@gov.sk.ca.

Application Streams

Applications to this program were accepted through the general Entrepreneur Category or through one of these two streams:

Large Scale Investor

  • Candidates who want to invest $10 million (CAD) or more are eligible for this stream. Applicants will be given priority processing. If found ineligible, applicants can then apply to the general Entrepreneur Category.
    • Once you've been nominated, you, as the Principal Applicant can request nomination for up to ten critical members of your management team.
    • Each member will submit an application to the SINP through the International Skilled Worker category. All applications will be assessed separately.

Science and Technology

This stream is for candidates who:

  • Own a patent and want to commercialize it through an active investment in Saskatchewan;
  • Own an innovative idea and want to commercialize it through an active investment in Saskatchewan; or
  • Want to actively invest in a partnership with an existing Saskatchewan science and technology-based firm.

Applicants will be given priority processing, and the SINP reserves the right to have patents, ideas and/or business partnership proposals verified by third parties. Their scientific education and/or research-based work experience will be assessed as part of their entrepreneurial or business management experience.

Eligibility

Applicants to this program have to meet the following criteria, to be approved for SINP nomination:

  • A minimum net worth of $500,000 (CAD) that can be confirmed.
  • Accumulated your net worth legally. We should be able to confirm this as well.
  • At least three years' experience as an entrepreneur or in relevant business management.
  • Intent to reside and actively invest in Saskatchewan, evaluated using the Intent Grading Grid.

Once candidates (who applied before March 23, 2015) have been approved by the SINP - Entrepreneur Category, they'll need to:

  • Have at least $150,000 (CAD) invested in Saskatchewan. If you own less than 1/3 of the business, your total investment should be worth at least $1 million (CAD).
  • Be involved in daily management of the business.
  • Make a $75,000 (CAD) Good Faith Deposit.  See section 3 below for more on the deposit.

We may not interview candidates in this program. However, we may ask for an interview if we need to review your information.

If you're nominated by the SINP, Immigration, Refugees and Citizenship Canada (IRCC) will assess your eligibility, including:

  • Health;
  • Criminality; and
  • Security.

The SINP isn't responsible for the IRCC's decision to grant or deny permanent residency status or its decisions regarding health, criminality or security.

Processing Fee

From October 29, 2010, candidates whose applications are accepted in the SINP Entrepreneur and Farm Categories will be contacted by SINP to submit a non-refundable $2,500 (CAD) application processing fee. See the Application Guide for the Entrepreneur Category - before March 23, 2015 for details about the processing fee and payment instructions.

How to Apply

Full details on how to apply to this program can be found in the Application Guide for the Entrepreneur Category - before March 23, 2015.

What You Need to Know about Using Immigration Representatives

You are not required to use an immigration representative or consultant to apply to the SINP, but if you wish to do so, you must make sure they're licensed by the Government of Saskatchewan. Visit Using an Immigration Representative for more information. View a list of Licensed Immigration Consultants at Immigration Consultant and Foreign Worker Recruiter Licensing and Responsibilities.

The Good Faith Deposit

The Good Faith Deposit is a refundable amount of money candidates pay after they've been nominated by the SINP, for permanent residency to IRCC. (This only applies to candidates who applied to the SINP in this program before March 23, 2015).

Once the SINP has approved the candidate's file for nomination, the SINP Entrepreneur Unit will contact them with instructions on how to submit the deposit.

Candidates who made the deposit can apply for it to be returned:

  • Within two years of landing in Saskatchewan.
  • When you've satisfied the terms of the Performance Agreement by starting or obtaining a business in Saskatchewan. You'll need to have invested the minimum amount in the Performance Agreement and be involved in the daily management of your business.
  • When you can show at least six months of active investment in the relevant business.

If you meet the conditions above:

  • Submit a Deposit Return Request to the SINP, and required documents to apply for your deposit to be returned.
  • If we find you've met all conditions, we'll instruct Scotiabank to return your deposit and any interest that has accumulated.
  • If we find that the conditions haven't been met, we'll let you know what else needs to be done before the deposit can be returned.

Losing the Good Faith Deposit

Candidates can lose the total $75,000 (CAD) deposit and any interest earned if:

  • The SINP finds that they or their representative submitted an application that constitutes misrepresentation or fraud on any required SINP or IRCC form or supporting document.
  • Their application for permanent residency is denied by IRCC for fraud or misrepresentation and you are unable to land in Canada and meet the commitments of your Performance Agreement.
  • The applicants, through their own fault, don't complete the process to become permanent residents in Canada, land in Saskatchewan and meet the conditions of the Performance Agreement.

Landing Meeting

Candidates nominated under the Entrepreneur or Farm categories should contact the SINP to set up a meeting within thirty days of:

  • Landing in Saskatchewan as a permanent resident; or
  • Arriving on a Temporary Work Permit.

Please contact the SINP office by email at saskentrepreneur@gov.sk.ca, with your subject line as "Landed Meeting Request".

Application Guides and Forms

Find all application guides and forms related to preparing an application to this program:

Provincial

Federal

For help with filling out the federal forms, watch the following videos:

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