Know about Saskatchewan Entrepreneur Visa Criteria!

Entrepreneur is a person who looks for opportunities and grabs them. Sometimes, the opportunity stays within certain boundaries and at other times it travels beyond their country. The entrepreneur, with no geographical limitations, selects immigration process. There are multiple opportunities and several kinds of immigration processes. One of the simplest and the fastest methods for entrepreneurs is to go for Saskatchewan Entrepreneur Visa.

The said visa is a visa which gives you opportunity to establish new enterprise or develop an already existing business in Canada. There are certain eligibility criteria for visa approval which includes these:

•Minimum 3 to 5 years of experience -- either in business ownership or senior management level.

•Minimum personal net worth of Canadian dollars 250,000.

•Visit to Saskatchewan for minimum of 5 working days to explore business opportunities there.

•Applicant must attend a visitation seminar and interview with a Saskatchewan immigrant nominee program officer.

•Entrepreneur needs to submit a business proposal as well.

•Entrepreneur will have to invest minimum Canadian dollars 150,000 in the business to be established or to buy the existing business.

•He should be an active member of business management.

•Entrepreneur applicant should own 33.33% of the total business, and in case of ownership, less than 33.33%, minimum required investment will raise up to Canadian dollars 500,000.

•He will have to sign a performance agreement depending on the business proposal.

The application process is classified into four parts:

•Pre-assessment,

•Official visit,

•Formal application and

•Request for visa.

In the pre-assessment part immigration, applicant presents his application form, investment plan and net worth to the provincial government. Then official visit, in case the applicant passes the pre assessment part, thereafter he will be invited for a visit to the province. In formal application immigrant applicants present their business and relocation plan and at last applicants will present an application for permanent residence at the Canadian visa office which has jurisdiction over their place of residence.

Saskatchewan Entrepreneur Visa approval is a long and complicated procedure, thus hiring an immigration agent is advised.

Saskatchewan Entrepreneur Visa is a visa which enables you to establish a new enterprise or develop an already existing business in Canada. In the pre-assessment part, the applicant presents his application form, investment plan, and net worth before the provincial government.