Saskatchewan Immigrant Nominee Program (SINP) Entrepreneur Category

In the vast landscape of immigration programs across Canada, the Saskatchewan Immigrant Nominee Program (SINP) stands out for its Entrepreneur Category, designed to welcome individuals with a vision for business and an eagerness to contribute to the province's economic growth. Under this category, the SINP offers several pathways for entrepreneurs, each tailored to specific backgrounds and aspirations.

SINP - Entrepreneur Category

The cornerstone of the SINP Entrepreneur Stream, this category beckons foreign entrepreneurs who harbor ambitions of establishing or acquiring a business within Saskatchewan. Positioned as a vital cog in the province’s economic machinery, this category underscores the significance of job creation and economic stimulation.

Program Basic Requirements:

  • Minimum Net Worth: CAD 500,000
  • Minimum Investment: CAD 300,000 (in Saskatoon or Regina), CAD 200,000 for businesses elsewhere
  • Ownership: 33.3% or greater, waived for investments exceeding CAD 1 million
  • Experience: A minimum of three years in business management or an entrepreneurial role
  • Job Creation: Mandatory creation of two or more jobs

SINP - International Graduate Entrepreneur Category

Tailored for international students graduating from Saskatchewan Colleges or Universities, this category provides a platform for young talent to channel their education into tangible business ventures within the province.

Program Basic Requirements:

  • Age: Graduates must be over 21
  • Ownership: 33.3% or greater
  • Minimum Business Revenue: Variable, contingent upon the number of employees
  • Experience: Three years as a business owner or four years in a senior management role
  • Education: Completion of a program lasting two or more years at a Saskatchewan educational institution
  • Language Proficiency: Proficiency of CLB7 or above in English or French
  • Work Permit: Post-Graduation Work Permit (PGWP) mandatory

 

SINP - Farm Owner/Operator Category

For entrepreneurs with a passion for agriculture, the Farm Owner/Operator Category opens doors to acquiring and operating farms within Saskatchewan, fostering both agricultural prosperity and rural community development.

Program Basic Requirements:

  • Minimum Net Worth: CAD 500,000
  • Minimum Investment: CAD 150,000
  • Experience: Three years of farm experience
  • Intent Grid Score: Minimum 55 points
  • Ownership: 33.3% or more, not obligatory for investments surpassing $1 million CAD

 

SINP - Young Farmer Stream

Specifically catering to the aspirations of young farmers, this subcategory within the Farm Owner/Operator Category aims to cultivate agricultural businesses while nurturing the next generation of agricultural leaders.

Program Basic Requirements:

  • Age: Under 40
  • Minimum Net Worth: CAD 300,000
  • Ownership: 33.3% or more, exempted for investments exceeding CAD 1 million
  • Experience: Three years of farm operation experience
  • Intent Grid Score: Minimum 55 points
  • Common-Law Partner or Spouse’s Skills and Experience: Relevant experience to support the farm business is imperative

In essence, the SINP Entrepreneur Category presents a diverse array of opportunities, welcoming individuals from various backgrounds to contribute their entrepreneurial zeal to the vibrant tapestry of Saskatchewan’s economy. Through these pathways, the province not only enriches its business landscape but also fosters a sense of community and growth, ensuring a prosperous future for all stakeholders involved.