Opportunities for business immigrants in Saskatchewan

January 7, 2015 · 11:26 pmImmigration
Opportunities for business immigrants in Saskatchewan

The province is expecting to accept new applicants under business class category after completion of assessment of those applications which were received in 2014.

It is a good idea for potential immigrants to start preparing their documentation (such as financial statements showing the value of the personal net income and the source of it) now as well as familiarize themselves with the specifics of Saskatchewan economic and social environment.

To meet the minimum requirement for nomination by Saskatchewan government the potential business immigrant must:

  1. Have a minimum active investment of $150,000 CAD in the province.  If the applicant owns less than 1/3 of the business, then their total investment must be worth at least $1 million CAD;
  2. Be actively involved in the management of the intended business;
  3. Make a $75,000 deposit. After meeting conditions of the agreement with the province, the deposit will be returned to the applicant.

Please note that not every province in Canada accepts business immigrants therefore the competition is high. It is recommended to keep in mind therefore that the investment should be higher than the minimum requirement or the applicant persuades the province that their business would be profitable and stable.

 

The potential immigrant must prepare a business plan describing the future business operation in the province. It could be a purchase of an existing business or creation of a new one. The candidate must demonstrate that a new business would fill economic need in the province.

Some businesses cannot be accepted into consideration for the purpose of immigration to the province. They are:

  • Property rental, investment and leasing activities;
  • Real estate development/brokerage, insurance brokerage or business brokerage;
  • Professional services subject to licensing (lawyers, accountants, engineers, electricians, etc.);
  • Pay day loan, cheque cashing, money changing and cash machines;
  • Credit Unions;
  • Home-based businesses;
  • Co-operatives;
  • Passive investments businesses;
  • Businesses previously owned and/or operated by current or former provincial nominees

How can a business immigrant settle in Saskatchewan?

Saskatchewan selects business immigrants through the Saskatchewan Immigrant Nominee Program (SINP) Entrepreneur and Farm streams. Applicants generally establish or invest in a business and actively manage it, in exchange for a provincial nomination that leads to permanent residence.

StreamForCore requirement
SINP EntrepreneurBusiness owners/managersNet worth + invest & run a business
SINP Farm Owner/OperatorExperienced farmersNet worth + operate a farm
Express Entry-alignedSkilled workersNomination adds points to your EE profile

What a business stream actually asks of you

Entrepreneur streams are not passive investment programs. Provinces generally require a verified net worth from legitimate, traceable sources, a minimum investment in an eligible business, and — critically — that you actively manage the business day to day and create or maintain jobs. Most run on a work-permit-first model: you arrive on a temporary permit, establish the business, and the nomination follows only once you have demonstrably delivered what you promised. A business plan that cannot be executed is the most common point of failure.

Bring the family plan into the business plan

Entrepreneur applicants routinely focus on the venture and forget that their spouse and children arrive on the same file. A spouse is normally eligible for an open work permit and children for study permits — but every family member must be declared and examined, including any who stay behind. An undeclared spouse or child is one of the most common sources of a later misrepresentation finding, and it can permanently bar you from sponsoring that person afterwards. Build the family into the plan from the first submission.

The performance agreement is the real commitment

Before arriving, applicants normally sign a performance or business-performance agreement with the province setting out investment, job creation, ownership share and residency in that province. Nomination is conditional on meeting it. If the business underperforms or you relocate, the nomination can be withheld — and any deposit lost. Treat the agreement as the actual application: it is what you will be measured against, not the initial score.

Provincial nominee and Express Entry applications are filed with the province and IRCC; Karb Law's legal team assists with the full process. Check admissibility before you commit funds, note that inaccurate net-worth documentation can be treated as misrepresentation, and see all practice areas or request a free assessment.

FAQ

Frequently asked questions

How do I immigrate to Saskatchewan as a business owner?

The main route is the Saskatchewan Immigrant Nominee Program’s Entrepreneur stream, where you meet a net-worth requirement, invest in and actively manage a business in the province, and receive a provincial nomination that leads to permanent residence.

Is a job offer required for the SINP?

It depends on the stream. Business streams focus on investment and business management rather than a job offer, while some skilled-worker streams require a job offer or are aligned with Express Entry and select from that pool based on skills.

Official resources

External links are provided for general information only and are not legal advice.

Angelina Shuster — Licensed Paralegal, Karb Law
Written by

Angelina Shuster

Licensed Paralegal · Law Society of Ontario

Angelina Shuster is a paralegal licensed by the Law Society of Ontario with 25 years of experience in Canada. Based at Karb Law’s office in Richmond Hill, she represents clients across Ontario and in immigration matters throughout Canada, and has helped thousands of people with immigration and legal matters — refugee claims, appeals, admissibility and detention reviews before the Immigration and Refugee Board, and summary-conviction criminal matters.

About Angelina Shuster & her credentials →
Keep Reading

Related Articles

Request a Consultation

Fill out the form below and our legal team will get back to you shortly.

Contact us

Google Google Rating
4.7★★★★★Based on 24 reviews
Google
Google Rating
4.7★★★★★
Based on 24 reviews