1. Question: What is Saskatchewan investment immigration program?
Answer: Saskatchewan investment immigration is actually an immigration program for the entrepreneur. The state government is request for the investor to establish a company in Saskatchewan within two years. The applicants should have intention to resident in Saskatchewan and has the ability to manage its own company. Passive investing is not allowed.
2. Question: What kind of visa is Saskatchewan Immigration issuing?
Answer: Immigration visa with condition. Although there is no difference on the visa itself, the government has recorded that the investor has to establish a new company within two years. If the investor fails to fulfill its obligation and still lives in the same place, it is acceptable for the government. If the investor wants to leave the province, a sound explanation is required to free from any inconveniences and troubles.
3. Question: How much should the investor make the investment?
Answer: At least CAD150, 000. The government will increase investment limit for customer with more assets according to the asset profile and business proposal. The investor has to do so to convince the government that his or her real intention of the immigration is to live permanently in the province.
4. Question: How long does it take for the investor to get back the deposit of CAD75,000?
Answer: Within two years after the applicant has become the permanent residence of Canada, purchased local company and established his or her own company, rented the office and employed the staffs as per the investment proposal, the investment amount has reached CAD150,000. The government will return both the deposit CAD75, 000 and the interest the applicant. It can be shorter than two years.
5. Question: If the investor does not want to run any business after he or she live in Saskatchewan, can he or she get CAD75,000 back?
Answer: Under that kind of circumstances, investor can not get refund.
6. Question: Can I get back my deposit CAD75, 000 if I am managing my company improperly?
Answer: Yes, the applicant has to submit the documents to support that he or she has performed in accordance with the investment proposal, the investment is CAD150, 000 before the business is closed.
7. Question: After I move in Saskatchewan, can I change my business plan?
Answer: Yes, only after it has been approved by the Saskatchewan Immigration Bureau. You can contact Saskatchewan Immigration Bureau for help or suggestion anytime when you find any problems with your current business proposal.
8 Question: How can I get my CAD75,000 back if my application was rejected?
Answer: You can get both CAD75,000 and the interest back.
