Gunness & Assocaites | Canadian Immigration specialists in Ontario

Saskatchewan published a new schedule for the 2024 Entrepreneur program On December 27, 2023, the Saskatchewan Immigrant Nominee Program (SINP) Entrepreneur program updated the Expression of Interest (EOI) pool selection schedule for the 2024 entrepreneur program.  The province will conduct the EOI pool selections on January 11, April 11, July 11, and October 10, 2024. According to the new update, candidates cannot change their business plans after applying to the program.  They also cannot change their Business Performance Agreement after the SINP approval. In 2023, Saskatchewan held six business draws and invited 209 entrepreneurs. Saskatchewan Entrepreneur EOI System The Saskatchewan economy provides long-term opportunities for entrepreneurs looking to start a new business or buy an existing one. Consider applying for the Saskatchewan Immigrant Nominee Program - Entrepreneur and Farm Categories if you are an experienced business person who meets the program criteria. The EOI is not

Canadian businesses expect a positive economy this year Canadian business owners are optimistic about the future as inflation slows, with many planning to hire. Eight in ten business leaders report their businesses are growing, and 76% are hopeful about their performance over the next five years. Despite a slowdown in job growth and the housing crisis, 65.9% of businesses remain optimistic about the next 12 months.  Foreign investors with similar optimism can gain permanent residence via the Start-Up Visa (SUV) program. This program, which has launched 200 start-ups since 2013, considers angel investors, venture capital funds, and business incubators. Investment requirements are $75,000 from angel investors, $200,000 from venture capital funds, or acceptance into a business incubator program. You must meet the following requirements to be eligible for the Start-up Visa Program: You must have a qualifying business A letter of support from a designated organization is required meet the

  Start-Up Visa immigration on track for roughly 80% increase According to Immigration, Refugees and Citizenship Canada (IRCC), the Start-Up Visa (SUV) program saw a slight dip in September compared to August. Still, overall numbers are significantly higher than last year. In September 2023, Canada welcomed 145 new permanent residents through the SUV, down 17.1% from 175 in August.  However, this follows a record month in August, up 30% from July. IRCC plans to increase admissions substantially for Start-Up Visa applicants. Current annual admissions of 1,000 will rise to 3,500, 5,000, 6,000, and 6,000 in 2023, 2024, 2025, and 2026, respectively. As of September, Canada had welcomed 770 new permanent residents through the SUV, potentially reaching 1,027 by year-end. This would signify a 78.6% increase over the previous year. The Start-Up Visa Immigration attracts more Entrepreneurs   The popularity of the Start-Up Visa (SUV) increased in August as 175 new permanent residents settled in