Canada provides a wide range of immigration and provincial nominee programs to attract skilled workers. The Canada Owner Operator program is one of the best programs that attract entrepreneurs and investors to set up a business. This is the easiest pathway for business people to get a permanent residency in Canada.
Canada Owner Operator Work Permits are for foreign nationals who wish to establish their business or buy the latest business in Canada. The owner operator work permit allows foreign national entrepreneurs to come to Canada and work on their businesses which they will establish in Canada, where they hold more than 50% ownership. Choosing this route could be an attractive option for many entrepreneurs because it does
Unlike provincial permanent residency streams, there are no minimum investment or net worth requirements.
There are two types of Owner Operator work permits:
The applicants can use the Owner Operator LMIA roadmap to start a business in Canada if the federal program matches the requirements.
To be eligible to launch a new business under Owner LMIA, foreign investors or entrepreneurs must establish a controlling interest in starting a new business in Canada.
The candidate can show controlling interest according to the guidelines mentioned below:
The owner operator work permit provides an easy route to becoming a permanent resident of Canada. Since an applicant will be landing in Canada as a skilled professional worker in the Temporary Foreign Worker Program, the employer (owned business) will have to apply for an LMIA. Your appointment as an owner operator worker can proceed if you get LMIA approval. To be eligible for Owner Operator Work Permit, a foreigner should receive either an offer of employment number or authorisation by the Immigration Program Guidance Branch to file the employment offer to a foreign national exempt from an LMIA form.
The visa that allows one to do business in Canada involves the following process:
The International Mobility Program (IMP) lets an employer hire a temporary worker without an LMIA. The Canada Owner Operator Work Permits under IMP allows investors and foreign workers to acquire a work permit in Canada as self-employed individuals. The initial work permit is usually used for two years and can be extended several times, provided your business in Canada is active and profitable. Canada is active and profitable. To qualify for an Owner Operator work permit via International Mobility Program, a foreign national should demonstrate
the following:
You own at least 50% share in a business in Canada
Will handle a business that will create notable economic, cultural
or social benefits for Canada or will provide unique service or employment opportunities for Canadian citizens or permanent resident holders
Have a workable business opportunity that will benefit the country and the Canadian population
Possess a skill set or experience that will enhance the viability of the business
Proper business plan in place, including financing, obtaining a
business number and leasing office space with Canada Revenue Agency
Filed an Offer of Employer application with IRCC
Being an experienced immigration and business consultant in Dubai, DM Citizenship by Investment can provide you with the best service to start your investment in a foreign country. We can assist you with Canada Citizenship by investment by providing the following:
Being an experienced immigration and business consultant in Dubai, DM Citizenship by Investment can provide you with the best service to start your investment in a foreign country. We can assist you with Canada
Citizenship by investment by providing the following:
