Owner Operator LMIA
For Owner/Operator LMIAs, no advertising or recruitment is required.
The key requirement is that the foreign national owns a business in Canada in which he or she owns a controlling interest of more than 50% of the shares.
Other requirements include:
1. a business plan that shows how the owner/operator will fund the business and create or maintain employment, and contains at least a rudimentary financial plan and timeline of events;
2. active management of the business (i.e. it cannot be a passive investment) in a position that accords with the foreign national’s qualifications and experience with a wage equal to or greater than the median wage requirements for the position; and
3. employing at least one Canadian or permanent resident (ideally in the first year as described in the business plan).
This option is available throughout Canada.
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