Thursday, March 5, 2009

Saskatchewan Immigrant Nominee Program (SINP)

The Saskatchewan Immigrant Nominee Program (SINP) can provide an alternate and quicker means of entry into Canada. It allows Saskatchewan to nominate applicants, who qualify under criteria established by the province, to the federal government for landed immigrant status.

Pursuing Your Business Opportunity in Saskatchewan
The provincial immigration program, Saskatchewan Immigrant Nominee Program (SINP), is designed to help entrepreneurs establish their businesses in Saskatchewan.

Eligibility
To be considered for the SINP Entrepreneur Category, you must:

-Have a minimum of 3 -5 years business ownership experience or senior management experience;

-Have a minimum personal net worth of CDN $250,000;

-Conduct a comprehensive Exploratory Visit to Saskatchewan (at least five working days) that includes a Visitation Seminar and interview with a SINP Business Immigration Officer;

-Submit a Business Proposal or Relocation and Settlement Plan;

-Make a minimum, verifiable investment of CDN $150,000 into starting a new business or buying outright an existing business, and have an active management role in the day-to-day operation of the business;

-Intend to own at least 33.3% of your business in Saskatchewan (with a minimum investment of CDN $150,000). If you will not own 33.3% of your business, you must invest a minimum of CDN $500,000 into the business, in either case, you must have an active management role in the day-to-day operation of the business;

-Make a deposit of CDN $75,000 into a trust account and sign a Performance Agreement based on your Business Proposal or Relocation and Settlement Plan.
Making an Exploratory Visit to Saskatchewan

After a SINP Business Immigration officer reviews your pre-application, you will be invited to make an exploratory visit to Saskatchewan, which includes attending a visitation seminar. You cannot attend a visitation seminar or have an interview with the SINP unless you are invited by the SINP.

The detailed information you gather during your exploratory visit will be important for your business proposal should you decide to proceed with a formal application.

During your visit, you will meet with representatives from the SINP and a variety of relevant organizations (e.g. provincial, rural, and municipal government agencies, potential business partners or contacts, industry associations, and chambers of commerce). You will also explore different communities to learn about available settlement services, local schooling, banks, housing, etc.