Owner-operator work permit in Canada
The owner-operator work permit is not an immigration program, but a type of work permit in the temporary employment program of foreign workers. Foreign workers can obtain a work permit either through the Temporary Foreign Worker Program ( TFWP ), in which case a Market Impact Assessment ( LMIA ) is required, or through the International Movement Program (IMP), which Does not require LMIA.
The owner-operator work permit is related to the Temporary Employment of Foreign Worker Program (TFWP) and as a rule, an LMIA must be obtained for a person who intends to use this type of work permit . One of the difficulties of obtaining an LMIA is to complete the job advertisement process for the requested job according to the requirements of the Canadian Labor Department. One of the important features of the owner-operator work permit is that there is no need to advertise the requested job to receive the LMIA.
The owner-operator work permit is especially useful for business owners or managers who intend to purchase a business in Canada or create a new business from scratch. After buying or setting up a business in Canada and obtaining a work permit, the business owner can operate his business and become a source of income during a period of time and with the presence and active management.
It reminds that this type of work permit is temporary like other work permits in the Temporary Employment of Foreign Workers Program (TFWP). Another point worth noting is that buying or starting a business in this program does not automatically lead to permanent residence. Therefore, after a period of working in his business, the owner-operator must apply for permanent residence for himself and his family members through one of the express entry programs such as the federal skilled worker program.
It is obvious that the applicant can get significant points due to the job offer he receives from his business as a manager.
Conditions for obtaining an owner-operator work permit
- Be the owner of the business or the main shareholder (more than fifty percent).
- Establishing or buying a business leads to employment for Canadian citizens or permanent residents.
- To manage the business.
- Have a business plan with a detailed description of the business and how to create a job opportunity.
- Have a business management background.
- Have the financial ability to buy or create a business and start and manage it.
