The Owner-Operator LMIA is a variation of the Labour Market Impact Assessment the most suitable for business owners. You would need to demonstrate majority ownership in the company to be successful. From April 1st, 2021, these applications are not exempt from advertisement requirements.
With this type of LMIA, you can get a work permit to work in Canada and further develop your company. Your spouse may be eligible for an open work permit. The type of person who would be ideal for an owner-operator LMIA may have the following characteristics:
There are certain types of jobs that are exempt from employers having to post job openings. An Owner Operator LMIA is an application that allows business owners to obtain work authorizaton within their own company and who have an active involvement in the operations. The individual must meet the strict requirements that the ESDC has stipulated.
As with any employment opportunity that you wish to benefit from in Canada, owning or operating your own business and applying for the respective LMIA, is monitored by the Employment and Social Development Canada (ESDC) closely. This is to ensure that the business venture is positive and that you meet the requirements of the program.
The qualifications stipulated by the ESDC concerning the LMIA for foreign nationals who wish to own or operate their business in Canada are as follows:
Most foreign nationals that are granted a positive LMIA for owning or operating their own business in Canada, soon after, seek the appropriate stream towards permanent residency. With the complexity of these programs, you will find that working with the Canadian Immigration Group can be a positive factor in this process when you want to own a business in Canada.
Reference:https://premierimmigration.ca/our-services/lmia-applications/
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