Saskatchewan Entrepreneur Program

Overview

To invest and get PR status in Saskatchewan.

Criterion

Business Requirement：

For New Business:

• Meet the requirements under the Canada-Saskatchewan Immigration Agreement, 2005;
• Create economic benefit for Saskatchewan
• Be the continued operation of an existing business or the establishment of a new business meeting economic needs in Saskatchewan
• Can be sole proprietorships, partnerships, or corporations
• For-profit entities with the primary purpose of earning profits through the sale of goods and/or services;
• permanent establishment

For Purchasing an Existing Business or Business Succession:

（There are additional points available if you’re buying an existing business; however:）

• Continuous operation by the same owner for the past three years;

• An exploratory visit
• A fair market value for the business;
• Complete change in ownership
• Maintaining employment for existing Canadian citizens or permanent residents
• Keeping the existing wages and employment terms.

Applicants’ Requirements:

• Meet the minimum entry criteria
• Complete the Points Assessment Grid
• $500,000 (CAD) at minimum in Net Business and Personal Assets
• A minimum of three years of relevant business management
• Invest a minimum of $300,000 (CAD) in Regina and Saskatoon or a minimum of $200,000 (CAD) in communities
• If invited, a Business Establishment Plan must be submitted