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About The Sasketchawan Entrepreneur Program (SISP)

Sasketchawan (SISP) Entrepreneur Program

The SINP’s Entrepreneur category is intended to bring in entrepreneurial talent to the province. Approved applicants who, according to programme criteria, acquire or partner in a business in Saskatchewan and are actively involved in its management and who reside in Saskatchewan are nominated for the SINP entrepreneur category.

The Entrepreneurial Process

The nomination procedure is divided into three steps:

1. Submitting an Expression of Interest (EOI) to the SINP entails the following steps:

Immigrants who want to start a business and live in Saskatchewan must provide information about their entrepreneurial experience, assets, and Business Establishment Plan (BEP), among other things.

Candidates who meet the EOI candidate pool’s basic entry requirements are accepted.
EOIs are scored and ranked using a points grid once they have been submitted.

2. Application Invitation:

Candidates are chosen from the EOI system based on their performance on the points criterion grid, with the highest-scoring EOIs being given priority for selection and formal application submission. The SINP invites selected candidates to apply.

Candidates who pass the verification stage will receive a SINP Entrepreneur Approval Letter, which will express support for the applicant’s request for a two-year temporary work visa from Immigration, Refugees and Citizenship Canada (IRCC).
Work permit will allow individuals to lawfully remain and work in Saskatchewan while implementing their business plan.

3. Nomination:

Once an applicant meets the requirements of the Business Performance Agreement, they can apply to the SNP for permanent residency nomination.

To meet the entrance requirements, you must:

Have at least $500,000 (CAD) in Net Business and Personal Assets
Have at least three years of relevant company management or entrepreneurial experience in the last ten years.
Intend to invest at least $300,000 (Canadian) in Regina and Saskatoon, or $200,000 (Canadian) in all other Saskatchewan cities.
The SINP will rank your EOI in the pool of candidates based on the information you give for the points criterion grid.

Candidates are chosen from the EOI system based on their performance on the points criterion grid, with the highest-scoring EOIs being given priority in the selection process. The SINP invites selected candidates to apply.

If you are invited to apply, you must submit a Business Establishment Plan that matches the information in your Expression of Interest.

Following the selection of your EOI:

An Invitation to Submit an Application (ISA) letter will be sent to you. A file number will be included in the letter. Your application will be refused if it does not match the information in your EOI, and you will be unable to file an EOI or apply to the SINP for two years.
If your status or any of your facts has changed and you would lose points or no longer fulfil the minimum criteria, you should request to withdraw your EOI and not submit an application.
You’ll have 20 calendar days after receiving the ISA letter to:
On your online application, choose and identify a reputable third-party financial evaluation service provider.
You’ll have 90 calendar days after receiving the ISA letter to:
Submit your electronic application in its entirety, including with any relevant supporting papers; and
Complete and submit your BEP.
You’ll have 180 calendar days after receiving the ISA letter to:
Submit your Verification Report from a Third Party.
The required documents must be sent to the Third Party Verification provider by you (see the Third Party Entrepreneur Category Document Checklist).
If necessary, the Third Party Verification provider may request more papers or information, as well as contact you for an interview.
If you don’t submit the required information or pay the processing cost by the deadline, your invitation to apply will expire, and your application will be closed and removed from the system.
If your application was withdrawn from the system and you still want to apply to the SINP, you’ll need to submit a new EOI that meets the relevant criteria at the time of submission.
Supporting documentation must be uploaded to your electronic application.
Review the document checklists carefully for a complete list of all required documents.
All paperwork must be submitted in either English or French.
You must send an electronic copy of the original document, as well as an electronic copy of the translation and a translator declaration, if the document is not in English or French.
If the information you supplied changes after your application is accepted for processing, such as your family composition, marital status, country of residence, contact information, etc., you must notify the SINP. Even if your visa has already been issued, you must update your application.

Requesting a Temporary Work Permit (TWP)

If you want to run a business in Saskatchewan, you’ll need a TWP.
To ease your arrival in Saskatchewan within 12 months of getting your SINP Entrepreneur Approval Letter, we require you to submit your SINP Entrepreneur Approval Letter, along with your application for a TWP, to the federal government within three months of receiving the letter.

Getting to Saskatchewan and Starting a Business

All approved candidates who do not attend an arrival meeting in Saskatchewan within 18 months of the date on their SINP Entrepreneur Approval letter will be considered to have failed to meet BPA requirements, and their applications will be closed.
Once you’ve arrived in Saskatchewan, you’ll need to do the following:
Meet with a designated business service provider within 90 calendar days after arrival in Canada. With your BPA, you will receive contact information.

The business service provider is available to address any queries you may have about the BPA’s terms. They can also direct you to other service providers for pertinent information and help regarding the start-up of your company.

Submit your Arrival Report Form, as well as a list of papers you’ll need to accompany it; and
Submit your Business Establishment Progress Report to the SINP Entrepreneur category no later than 12 months following the landing date. This report summarises your company’s activities thus far.

When you arrive in Saskatchewan, you must:

Begin establishing or purchasing your firm in accordance with your BPA’s regulations. We propose that you arrive in the province prepared to start your business as soon as possible.

You must be actively operating and managing your business to keep your SINP approval, and it must continue to meet the terms of your BPA and nomination.

Nomination Request Form

To be considered for nomination, you and your immediate family must live in Saskatchewan and fulfil the criteria of your BPA, which include:

Sending the necessary funds to Canada;
Keeping one’s legal standing in Canada; and
Prior to requesting nomination, you must have operated your business in compliance with your BPA for at least six months.

When applying for nomination, you need have at least six months left on your TWP to ensure you keep your legal status in Canada. In accordance with the Immigration and Refugee Protection Act, you are responsible for preserving your legal status in Canada (IRPA).

You’ll be eligible to apply for the SINP nomination once you’ve completed your BPA and have been in business for at least six months.
The SINP will review your nomination application and notify you of the results. You’ll be judged on how well you followed your BPA and any other criteria in place when you started the application process.

Please use the SINP online portal to submit your nomination application.

If the SINP is authorised for nomination, it will:

Send an IRCC nomination certificate; and
Send you a nomination letter with instructions on how to apply for permanent residency at the IRCC Centralized Intake Office (CIO).

Permanent Residency Application

You can apply for permanent residency once you’ve completed all three steps above. You must apply to IRCC with your SINP nomination to get permanent residency status.

Ensure that your legal status in Canada is maintained; and
While you wait for IRCC to process your permanent residency application, you must have a valid TWP.

After receiving the nomination certificate from the SINP, the IRCC reviews your application and determines whether you are eligible for Permanent Residence. It checks for health, security, and criminality. It may also request any additional information it deems necessary at any point during the application process. If all of these reviews are positive, IRCC will issue visas to you and your family members.

Application for Farm Owners and Operators

Applicants and their families can own and run a farm in Saskatchewan through the SINP Farm Owner/Operator category. If an Applicant is nominated by the SINP, he or she may apply for Permanent Residence as a Provincial Nominee with Immigration, Refugees and Citizenship Canada (IRCC).

The Workings of the SINP Farm Owner/Operator Category

Step 1: The applicant travels to Saskatchewan to do preliminary research.

The visit must last at least five working days.
The Applicant must meet with a SINP representative during the visit.

Step 2: An application is sent to the SINP office for processing, together with all of the documents listed in the new SINP document checklist.

The SINP office receives the application and assigns it a SINP file number.
After receiving a file number, the applicant must transmit to a third party recognised by the SINP all forms and documentation outlined in the revised Third Party Document Checklist that support the claimed net worth and accumulation of funds documented on SINP form EF-002 and IRCC form IMM008 Schedule 4A.
If necessary, the third party will seek additional paperwork and/or an interview to verify the application’s information.
The information is compared to the net worth and fund accumulation criteria by a third party (listed below).
The Applicant receives the documents back from the third party, along with a Third Party Verification Report.

Step 3: Once the applicant has received a Third Party Verification Report, this report, along with any revised papers previously supplied to the SINP, is sent to the SINP office for processing.

The Applicant must pay a non-refundable fee of $2,500 Canadian Dollars (CAD) if the application contains all needed papers (including the Third Party Verification Report).
If the fee is received by the deadline specified in the fee request letter, the application will be accepted for processing, and the SINP will evaluate it based on the other two criteria (listed below).
The SINP may seek further documents and/or an interview to verify the information contained in the application3 if necessary.
Based on the applicant’s capacity to meet programme criteria, an assessment of the application will be conducted, and a decision will be made whether to approve the application for nomination, find the application ineligible, or refuse the application.
If granted, the SINP immigration branch will ask the Applicant to sign and date a Business Performance Agreement that is relevant to the Applicant’s situation, as well as make a $75,000 CAD Good Faith Deposit.
If the SINP receives the business Performance Agreement and Good Faith Deposit by the time specified in the request letter, it will nominate the Applicant and: • Send the Applicant’s nomination to IRCC;
Send the Applicant a nomination letter on how to submit his or her application to the relevant IRCC visa office; and
If the applicant can establish that they are business ready and will have a significant beneficial influence on Saskatchewan’s economy, the SINP may issue a Temporary Work Permit support letter.

Step 4: The Applicant applies to IRCC as a provincial candidate after receiving notification of his or her nomination.

With the nomination information submitted by the SINP, the IRCC examines the application.
IRCC will award Permanent Resident Visas to the Applicant and his or her family members if the Applicant passes the criteria for IRCC’s health, security, and criminal reviews.

Requirements for Eligibility

Owner/Operator of a Farm

To be eligible for nomination, applicants must meet the four criteria of the SINP Farm Owner/Operator (Farm) category, which include:

Prior to SINP application, a minimum net worth of $500,000 CAD must be certified by a Ministry-approved expert third party;
Legally accumulated net worth, as validated by a Ministry-approved professional third party prior to SINP application;
Relevant knowledge and expertise in farm operations; and
A credible, well-thought-out concept for a commercial agricultural opportunity in Saskatchewan.

Stream of the Young Farmer

To be considered for nomination under the Young Farmer Stream, applicants must be under the age of 40 and meet the SINP Farm category’s modified criteria, which include:

Prior to SINP application, a minimum net worth of $300,000 CAD must be certified by a Ministry-approved expert third party;
Legally accumulated net worth, as validated by a Ministry-approved professional third party prior to SINP application;
Relevant knowledge and expertise in farm operations; and
A credible, well-thought-out concept for a commercial agricultural opportunity in Saskatchewan;
The applicant, or the applicant’s accompanying spouse or common-law partner, must have marketable employment skills based on education and experience that will allow the applicant to augment his or her farming income.

The Good Faith Deposit is refunded.

An Applicant may request a refund of their Good Faith Deposit if they meet the following criteria:

Within two years of the nomination Applicant’s arrival in Saskatchewan; •When the business performance Agreement’s criteria are met; and
When the Applicant can show that he or she has actively engaged for a minimum of six (6) months in the relevant Saskatchewan-based farm.