If business expansion in Saskatchewan is your dream plan, it is much needed for you to know about the Saskatchewan Immigration Nominee Program for Entrepreneur (SNIP), allows the entrepreneurs to grab the opportunity to start their business in the region and a makes them authorize to live with their family. Whether you want to start an independent business or making joint venture, the decision for same will be taken by you only, as the program allows equal opportunity for both.
Offered by Manitoba, the Saskatchewan Immigration Nominee Program for Entrepreneur (SNIP) comes as a great chance for those business immigrants, who are not able to qualify the Canadian Immigrant Investors Program due to any reason, can apply for this immigration nominee program. Overall, the program is quite beneficial for businessmen and investors across the world and helps them to achieve a milestone in their business expansion by applying all the important policies and strategies.
Here are some important points that make an applicant eligible for this program.
- The applicants must possess a minimum net worth CAD $ 3,00,000, earned legally
- The candidates must have either entrepreneur experience or managerial experience, the total 3 years of experience needed
- The applicants must score at least 56 points on the Intent Grading Grid for Saskatchewan
Moreover, if you successfully satisfy the above criteria then you have to go through the following requirements.
- Must be able to invest CAD $ 150,000 in the province of Saskatchewan
- If an applicant owns less than 1/3 of the business, in this condition, the applicant has to show a minimum investment amount of CAD $ 100,000
- The candidates must be able to show their active involvement in managerial activity
- The candidates must have deposited at least CAD $ 75,000 as Good Faith Deposit.


