Owner-operators-lmias

Owner Operator LMIAs

Do you wish to come to Canada to start your own business and wish for the fastest timelines!!!

Owner Operator LMIA is a Canadian immigration program that leads directly to Permanent Residence-

The Owner Operator LMIA is lesser known as only a few Immigration Professionals even know about this application

YIC can help you identify the perfect business opportunity that leads to Canadian Permanent Residence.

The business can be new business idea or you can buy into an existing business or franchise.

Highlights

  • Clients must be eligible to apply under the Express Entry Program, most candidates applying under this class must be eligible under the Federal Skilled Worker (FSW) class.
  • Age is no bar to apply in this class
  • A minimum IELTS score of 6 in each module
  • A minimum investment of CAD $250,000
  • Your dependent spouse and children (below the age of 22) can be included as a part of the application

Using this application, the client can set up his/ her business and obtain permanent residence in under 6 months after nomination.

The Process

  • The client must have a business or a senior management position in 3 years out of the last 5 years.
  • The client must obtain a controlling share in the proposed business.
  • The funds (of at least CAD $250,000) must be put “at risk”, meaning the funds must release before the application for permanent residence is released. The funds are released in the investment of the business.
  • The funds can be used for example to buy inventory for the business, towards the lease agreement, paying towards the salaries of the employees
  • YIC will help you with your professional business plan; we have renowned business plan developers who are CPAs in Canada, the CPAs will attest to the legitimacy of the business.
  • The application for Owner operator LMIA will then be sent to immigration for approval.
  • Once the LMIA is approved, the client receives 200 points towards his express entry application and that catapults his points where an invitation to apply for Canadian permanent residence is imminent.
  • In the next draw, the client receives his/her invitation to apply (ITA) for Canadian Permanent Residence.
  • In under 6 months, the client along with his/ her family can come to Canada as a permanent resident.

NOTE : The client can apply for a work permit based on the positive decision on the LMIA and start building the business while the application for Permanent Residence for Canada is in process

YIC helps business clients each step of the process during their Canadian permanent residence process.

WHAT WE DO!

  • 1. Identify if you qualify under the program;
  • 2. We work with you to help identify opportunities in Business in Canada and advise you on the best possible option keeping immigration in mind.
  • 3. We help prepare the best business plan with our team of professionals
  • 4. Collect and provide immigration with necessary documentation to approve the application for LMIA leading to Canadian Permanent Residence
  • 5. Apply for work Permit based on the positive assessment of the Owner Operator LMIA
  • 6. Apply for Canadian Permanent Residence
  • 7. Receive Canadian Permanent Residence in under 6 months, while you work in your business

WHAT IF YOU WISH TO PARTNER?

You can partner with a Canadian or foreign national in this program. However, you must have a minimum of 51% stake in the business to eligible under this program.

For any help or information under the Owner Operator LMIA application for Canada or for any Canadian Immigration enquiry, please contact Your Immigration Company – YIC

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