Establish or Buy a Business in CanadaOwner/Operator LMIA-based Work-Permit

This program allows business people to either purchase an existing business or establish a new one in Canada to work in that business in a managerial capacity. In this program the applicant, by virtue of becoming the employee of his/her own business in Canada, will be eligible to obtain a two years work-permit under Temporary Foreign Worker Program. The acquired Canadian work experience will then make the applicant eligible for acquiring Permeant Resident status under the Express Entry program.

Owner/Operator LMIA-based Work-Permit at a glance

Legal Ground Temporary Foreign Worker Program
LMIA Requirement No advertisement/recruitment LMIA is required
Eligibility  – Having a controlling interest in the business (sole proprietor or majority shareholder (more than 50%))
– Employed in an essential position (cannot be dismissed)
Requirements – Funding the business and maintain employment with a salary equal to or greater than the median wage requirements for the position
– Active Management of the business in Canada
– Detailed business plan
– Employing at least one Canadian citizen or permanent resident
Performance Obligations None
Financial/Investment Requirement There are no investment obligations but the foreign company must prove sufficient financial ability to start operations in Canada. This amount varies depending on the type of business, but in general cannot be less than CAD 100,000.
Required Supporting Documents – proof of Canadian business ownership
– proof of sufficient funds to operate the business in accordance with the Business Plan
– applicant’s personal documents (i.e. resume, education, financial ability and etc.)
– Detailed business plan
Visa Validity and Renewal Up to 2 years depending on the business
Family Members Transferee’s spouse may get open work permit
Transferee’s children under 22 years old may get study permit
Work Permit Social Benefits -access to free health care for transferee and family members
-access to free education for children (up to and including secondary education)
Processing Time 2 weeks – 3 months (depending on the country of applicant)
Permeant Residency Prospect Very high particularly under the Canadian Experience Class of the Express Entry program

Frequently Asked Questions

What to expect from the first meeting with your solicitor?

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment. Sed faucibus turpis in eu mi bibendum neque egestas congue. Nullam non nisi est sit amet facilisis magna. Risus commodo viverra maecenas accumsan lacus vel facilisis. In est ante in nibh mauris. Bibendum enim facilisis gravida neque convallis. Tellus pellentesque eu tincidunt tortor aliquam. Ultrices eros in cursus turpis massa. Vestibulum mattis ullamcorper velit sed ullamcorper morbi tincidunt. Arcu dictum varius duis at consectetur lorem donec massa. Sem nulla pharetra diam sit amet nisl. Auctor neque vitae tempus quam pellentesque nec nam. In hac habitasse platea dictumst vestibulum rhoncus est pellentesque elit. Risus ultricies tristique nulla aliquet.

The divorce process: filing the paperwork and timescales

Bring to the table win-win survival strategies to ensure proactive domination. At the end of the day, going forward, a new normal that has evolved from generation X is on the runway heading towards a streamlined cloud solution. User generated content in real-time will have multiple touchpoints for offshoring. Tristique senectus et netus et malesuada fames ac. Turpis egestas pretium aenean pharetra magna. Pellentesque elit eget gravida cum sociis natoque. Euismod elementum nisi quis eleifend quam adipiscing. Ullamcorper dignissim cras tincidunt lobortis feugiat. Viverra vitae congue eu consequat ac. Porttitor massa id neque aliquam vestibulum morbi blandit cursus. Eget mauris pharetra et ultrices neque ornare aenean.

Making arrangements for children and family finances

Capitalize on low hanging fruit to identify a ballpark value added activity to beta test. Override the digital divide with additional clickthroughs from DevOps. Nanotechnology immersion along the information highway will close the loop on focusing solely on the bottom line. Elit ullamcorper dignissim cras tincidunt lobortis feugiat. In tellus integer feugiat scelerisque varius morbi. Malesuada bibendum arcu vitae elementum curabitur vitae nunc sed velit. Volutpat consequat mauris nunc congue nisi vitae suscipit tellus mauris. Nulla facilisi nullam vehicula ipsum. Quis enim lobortis scelerisque fermentum dui. Egestas pretium aenean pharetra magna ac placerat vestibulum. Pellentesque habitant morbi tristique senectus et netus et malesuada.

CONTACT GOLDENBLATT FAMILY LAWCall us today, e-mail us or leave a message

Get a free callback

واحد 1300 - پلاک 5255 خیابان یانگ، تورنتو، انتاریو

ما را دنبال کنید:

SILAW Professional Corporation یک شرکت حرفه ای ثبت شده در انتاریو است که براساس ماده 61.0.1 از آیین نامه هفتم بخش دوم قانون انجمن حقوقی توسط کانون وکلای استان انتاریو دارای مجوز رسمی برای ارائه خدمات حقوقی و خدمات وابسته به آن می باشد.

کلیه حقوق متعلق به SILAW PC می باشد.