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Overview of the Saskatchewan Entrepreneur Program:
Saskatchewan, known for its thriving economy, encompasses both traditional agriculture and high-tech industries. These sectors are moving towards higher productivity and intensification, creating numerous employment and investment opportunities within the province. Consequently, the Saskatchewan Entrepreneur Immigration Program in Canada is favored by many domestic investors. This program offers an expedient pathway for overseas individuals aspiring to start businesses in Saskatchewan. It is renowned for its stable policies, lenient requirements, and high success rate, making it one of the best options for Chinese applicants in the Canadian investment immigration category.
Advantages of the Program:
Low entry requirements, with no language or age restrictions.
EOI (Expression of Interest) scoring criteria are favorable for Chinese entrepreneurs.
Opportunity to obtain a work visa within a year, facilitating the whole family's stay in Canada while awaiting permanent residency approval, and early access to Canadian benefits.
Meeting immigration requirements with a 6-month operational period, with provincial nomination upon reaching the investment amount.
No profit or revenue requirements for the applying business.
Lower personal asset and investment amount requirements, suitable for small and medium-sized entrepreneurs and individual traders.
Lower cost of living and business expenses in Saskatchewan.
Application Requirements:
The applicant or couple must possess assets of at least CAD 500,000 (approximately CNY 2.6 million).
At least 3 years of entrepreneurial or relevant management experience in the past 10 years.
Meet the Saskatchewan EOI scoring criteria.
Investment of at least CAD 300,000 (approximately CNY 1.5 million) in Regina or Saskatoon, or at least CAD 200,000 (approximately CNY 1 million) in other areas.
Business plan must align with the scoring criteria.
Application Steps:
Apply for a visa and conduct a business exploration in Saskatchewan.
Submit an EOI for immigration.
Formally apply once selected.
Obtain a pre-approval letter and apply for a work visa.
Arrive in Saskatchewan and commence investment.
Receive provincial nomination and apply for federal immigration.
EOI Scoring Criteria:
Personal Criteria: Age, business exploration, language ability, educational background, personal assets, etc.
Work Experience: Entrepreneurial or farm owner experience, business turnover, business innovation, etc.
Business Plan: Investment amount, investment in key industries, etc.