Come to Canada as a Business Owner Investor
Sean G McKinsley, B.A., RCIC, Managing Director at Canada Immigration and Visa Services specializes in owner-operator business immigration to Canada.
An Overview of the Labour Market Impact Assessment (LMIA) Owner-Operator Pathway:
The Temporary Foreign Worker (TFW) program is a suitable vehicle to facilitate the admission to Canada of a foreign owner, following the sale of a Canadian business or the launch of a new entity.
For foreign investors who wish to start up or purchase an existing business, the pathway to Canada is 2-staged, beginning with a temporary work permit under the federal Owner-Operator rules. These policies will apply for the sale and transfer of a significant portion of ownership in a Canadian business to a foreign national. Once admitted on a work permit, successful candidates can at a later stage, apply for permanent residence to Canada under one of the programs serviced by the Express Entry system or under a suitable provincial business immigration stream.
Although the burden of proof can be onerous, the issuance of a positive LMIA and work permit to a foreign national, pursuant to the transfer of ownership of a successful Canadian business, is feasible.
Canada Immigration and Visa Services specializes in assisting business owner-operators to come to Canada on an invest to immigrate program.
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