Canada Owner and Operator
The Owner Operator is a unique pathway to achieve Permanent Residency by buying a qualified business in Canada. A foreign national must run the day to day operations as manager in the business and be at least %51 owner. An Owner Operator will first be assessed by two Canadian regulating bodies, Employment and Social Development Canada (ESDC), and Immigration Refugee and Citizenship Canada (IRCC). ESDC will assess the business with a LMIA (the Owner Operator LMIA is exempt from advertising for job creation of an owner, the foreign national becomes the owner/manager and does not impact the labor market negatively).
IRCC will review the ESDC assessment along with your business plan. The business plan must show that there will be transferable skills, and employment creation of at least one full time job to a permanent resident or citizen of Canada. Upon approval, the foreign national receives a renewable work permit (TFWP) from immigration Canada-valid for 2 yrs. A foreign national acquires Canadian Work Experience and applies for Permanent Residency.
Eligibility
The Foreign National Must:
○ Have work experience in Management prior to applying
○ Own at least %51 of a qualified Canadian Business (no minimum investment amount)
○ Submit an LMIA along with a Business plan to ESDC
○ Must be the active Head Manager in day to day operations
○ Create at least one full time employed position within the first year to a Permanent Resident or Canadian Citizen
Canada Owner and Operator
Admissible
○ All Applicants must be Admissible to enter Canada
○ Must not be Inadmissible due to Security Reasons, Serious Criminality, Criminality, Health Reasons or any listed under the Immigration Refugee Protection Regulations.
○ Please provide any questions or concerns about your Admissibility in the Assessment tool for a private Consult!
○ (Discussion of Eligibility, Admissibility, and those who may be exempted from the program are not all listed above)
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