The end of owner/operator LMIA! What is the alternative?
The Canadian government has marked April 1, 2021, the end date of owner/operator LMIA. Of course, you may still request an LMIA to run your own business in Canada. However, you must go through the normal process of a high-wage or low-wage application. For most applicants, this is an impossible option. So, is there an alternative?
The owner/operator LMIA was an opportunity for entrepreneurs to work and immigrate to Canada. You could purchase an existing business in Canada or establish a new one. Afterwards, you could hire yourself as a senior manager of the company. However, you had to go through the LMIA process. Unlike a regular high-wage/low-wage LMIA, you did not post job ads. By receiving a positive LMIA, you could obtain a work permit in Canada. Moreover, you could receive up to 200 CRS points for Express Entry. The end of owner/operator LMIA means those perks are off the table.
|Business ownership in Canada||Yes||Yes|
|Senior management or business experience outside Canada||Yes||Yes|
|Work permit application||You need a positive or neutral LMIA letter first.||No need for an LMIA|
|Job creation in Canada||Yes||Yes|
|CRS points because of the job offer from your own company||Yes, immediately||Yes, but only after one year of working in Canada|
Of course, this table is brief. The devil is in the details. Read my articles on IMP C11 for more information:
- Two-Stage Immigration for Entrepreneurs under IMP C11
- Minimum Investment for Job Creators Work Permit
- Register a Business in Canada – For Visa and Immigration Applicants
- Liabilities Corporate Directors Canada
If you had plans to apply under the owner/operator LMIA, please contact us via the following form. However, you may alternatively book a consultation session with me.
If you wish to visit or move to Canada, please fill out our free assessment form. We will review it for free, but we will contact you only if we find an opportunity for you. Alternatively, you may book a consultation session. Consultation sessions are not free, but you will receive formal advice from a licenced practitioner.
This article provides information of a general nature only. Considering the fluid nature of the immigration world, it may no longer be current. Of course, the item does not give legal advice. Therefore, please do not rely on it as legal advice or immigration advice. Consequently, no one could hold us accountable for the content of these articles. Of course, if you have specific legal questions, you must consult a lawyer. Alternatively, if you are looking for immigration advice, book an appointment.
The characters and places in the articles:
All the characters and locations in the articles are fictional unless otherwise clearly stated. Therefore, any resemblance in names, dates, and places is coincidental.
For our official addresses, trust this website only. We currently do not have offices outside Canada. Therefore, anyone who claims to be our agent is committing fraud. Also, note that we do not issue any work permits or study permits or similar documents. The government of Canada has the sole authority to issue such material.