Abstract: Saskatchewan announces the draw dates for 2022 for the Saskatchewan Entrepreneur category.
Highlights:
- The Canadian province of Saskatchewan announced draw dates for 2022.
- The dates for the draws are for the immigration Entrepreneur category.
- The category mentioned above comes under SINP.
On March 24, 2022, Saskatchewan draw dates were announced for SINP or Saskatchewan immigrant Nominee Program. The dates are aimed at people in the pool of Immigration Entrepreneur.
The entrepreneur category of Saskatchewan aims for applicants with at least a net worth of 500,000 CAD. It requires a minimum investment of 200,000 or 300,000 CAD, considering where the business is located.
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Draw Dates
The SINP draws will be conducted on the following dates:
- May 5, 2022
- July 7, 2022
- September 1, 2022
- November 3, 2022
SINP Draws of 2022
The first draw was held on January 6, 2022. A total of 107 applicants were issued ITAs or Invitation to Apply for Canada PR (Permanent Residency).
| Date | Lowest score | Average score | Highest score | Number of invitations |
| March 3, 2022 | 80 | 90 | 135 | 58 |
| January 6, 2022 | 90 | 105 | 140 | 51 |
Requirements of Immigration Entrepreneur Stream
Saskatchewan gives importance to three factors for selection with candidates who have the same score in the stream of Immigration Entrepreneur. The three factors are:
- Proficiency in English or French
- A plan for crucial economic sectors
- Complete the duration of an exploratory visit
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Process of Immigration Entrepreneur
The immigration Entrepreneur stream of SINP consists of three steps:
- Submission of Expression of interest
- If selected, Invitation to Apply is issued
- Nomination
Requirements of Immigration Entrepreneur
The eligibility requirements of the immigration entrepreneur are given as follows:
- The legally acquired net worth should be at least $500,000
- At least 3 years of management or entrepreneurial experience
- Investment of a minimum of $300,000 in Regina or Saskatoon, or $200,000 for other regions of Saskatchewan.
The applicants are included in a pool of candidates. They are awarded points and are ranked in the CRS or Comprehensive Ranking System. The candidates who score as much or above the cut-off score are issued ITAs.
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Components of the Application
The applications for the stream should include:
- A Business Establishment Plan stating the financial figures in the expression of interest. The applicant should own at least 1/3rd of the company in Saskatchewan if the investment is $1 million or more.
- Active in the day-to-day function of the business.
- Generating two or more jobs for citizens or PRs of Canada if the business is situated in Saskatoon or Regina.
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