Saskatchewan Nominee Program
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Saskatchewan Nominee Program
Canadian Provincial Entrepreneurial Immigration
Summary
- Work permits valid for at least 6 months prior to nomination for Permanent Residency.
- Can purchase an existing business or start one from scratch.
- An interview is required.
- There is the possibility of a co-applicant.
Baseline Requirements for Eligibility
- Net worth of all assets between a married couple must be at least CAD$500,000.
- A minimum investment of $300,000 CAD is required.
- Owning at least 33% of a new or existing firm in Canada.
- In the new venture, at least one Canadian must be hired.
- Run and manage the business in Canada. A minimum of 80% presence in Canada is required.
- A third-party audit business will verify all holdings in the native country.
Pros
- IELTS/TEF is not a must;
- No age limit;
- There are no educational prerequisites.
- Low living costs
Cons
- An exploration trip is required.
- Unsuitable for long-term habitation (low temperatures and scarcely populated cities)
- It is challenging to sell a firm after obtaining a Permanent Residency in order to relocate out of the province.