Owner Operator Program: LMIA Entrepreneur Pathway to Canadian Immigration
The Labour Market Impact Assessment (LMIA) is quite well-known in Canadian Immigration. The LMIA is an assessment that is often required for businesses looking to bring in foreign workers. They must prove that they have tried to fill the job with a Canadian citizen or resident first. What is lesser known, is an Entrepreneur Pathway exception exists, knows as the owner operator program. The Owner Operator Program is a viable and increasingly popular entrepreneur pathway. In this option, you do not need to complete the LMIA requirement if you are going to be both an owner and involved in the daily operations. However, you must meet certain minimum requirements to be eligible for this program. Purchase/launch a business - You must purchase an existing business or be launching a new Canadian office of a foreign enterprise. You may also use this option to start a new business but, that route tends to be more difficult. Have a controlling interest – In order to be eligible for the owner operator program, you must have a controlling interest in the business. This means owning a majority to the extent that you cannot be removed. The business decisions must ultimately come down to you. The success must rely on your ability to own and