Owner-Operator LMIA Work Permit for Foreign Entrepreneurs
Canada has a robust and efficient immigration system with numerous federal and provincial immigration programs for skilled workers. And it’s Owner-Operator LMIA Work Permit for Foreign Entrepreneurs. However, there are very few federal programs for foreign entrepreneurs and investors seeking to set up a new business or buy an existing business in Canada.
The federal program for self-employed immigrants is a niche program aimed more at athletes and cultural performers. The Federal Startup Visa program makes it compulsory for the entrepreneur to partner and work with designated organizations.
About the Owner-Operator LMIA Work Permit
The owner-operator work permit route is a two-step program where an initial work permit serves as the platform to become a permanent resident of Canada. The Owner-Operator LMIA route involves the following steps.
- Buy an existing Canadian business or setup up a new business in Canada.
- Create a job position for yourself as an employee of the business and apply for the Owner-Operator LMIA
- Get a work permit and start working for your own business as its employee
- Apply through Express Entry and become a permanent resident of Canada.