PNP Saskatchewan Entrepreneur Program

Advantages

High approval rates.
No English language requirement.
Very fast, can be living in Canada within months.
No cash deposit required.
Saskatchewan has a strong economy and high living standards, located in the center of Canada.
"EOI" system ensures faster processing times and no queue.

Eligibility

Must have a legally obtained, fully verifiable net worth of $500,000 Canadian Dollars (CAD) or more.
Must have at least three years of relevant business management or entrepreneurial experience.
Once an applicant has been approved to participate in the Saskatchewan Nominee Program Entrepreneur category, they must satisfy a number of requirements before they can earn a nomination from the province towards Canadian permanent residency.

Nomination requirements

Must invest $300,000 CAD or more in Regina or Saskatoon business, or $200,000 CAD or more in any other Saskatchewan community.
Must create a business that aligns with the Points Grid of the SINP Entrepreneur category.
Must own and control at least 33.3% of the equity of a Saskatchewan business unless a minimum of $1 million has been invested, in which case a lower equity stake is acceptable.
Must be actively involved in the day to day operation and management of the enterprise.
If the business is located in Saskatoon or Regina, must create two new jobs in Saskatchewan for unrelated Canadian citizens or permanent residents.

Investment option

Clients have the opportunity to invest in RV service touring company mainly focused on tours for small groups such as Eco-tour, business trip, and RV tour. As the business has grown over the past few years, they have developed many tour routes. Therefore, they are in need of different types of vehicles. The investors may start their own branch of the Touring Company through the Saskatchewan investment program. Investment requirement is about C$220,000-C$ 250,000, which is invested mostly in RV’s, touring vehicles and business vehicles. The newly invested company will sign an agreement with the tour company’s headquarters in Canada. According to the agreement, the headquarters will assist with vehicle purchase, maintenance and operation.