LMIA Owner Operator Business Plans
Establish Your Business in Canada
Navigate the LMIA Owner Operator pathway with a business plan that positions you as essential to your Canadian enterprise. Our detailed plans highlight your indispensable role and the economic benefits your presence will bring, simplifying the complex immigration process.
Mikel Consulting's Record of Success
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4,000+
Business Plans
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1,000+
Files Processed
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97%
Success Rate
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100+
Law Firms Onboarded
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90+
Client Countries
LMIA Owner Operator Business Plan Overview
The LMIA Owner Operator program offers foreign candidates the opportunity to purchase a controlling interest in a business and actively engage in its daily operations, while bypassing the requirement to advertise the position. This program allows applicants to showcase their vision, skills, and commitment to positively impact the Canadian business landscape.
How Does Mikel Consulting Help?
At Mikel Consulting, our experienced team specializes in guiding entrepreneurs through the LMIA Owner Operator program, ensuring a comprehensive business plan that not only meets program requirements but also increases the chances of obtaining the necessary visa for business immigration.
Why Choose Mikel Consulting?
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PROVEN EXPERTISE
Trusted Collaboration: Partnered with top immigration law firms across Canada.
Extensive Experience: Delivered over 1,000 tailored business plans for immigration programs like Start-Up Visa and Intra-Company Transfer.
IRCC Success: Achieved approvals by leveraging in-depth knowledge of IRCC requirements.
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SEAMLESS PROCESS
Swift Turnaround: First drafts delivered within 7-10 business days.
Compliance Focused: Plans crafted to meet all immigration requirements for smooth processing.
Results-Oriented: Designed to secure successful visa approvals and smooth transitions.
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STRATEGIC INSIGHT
Expert Knowledge: We know exactly what the IRCC looks for in business plans.
Comprehensive Solutions: From idea development to submission-ready plans, we guide you every step of the way.
Tailored Financials: Financials structured to demonstrate your businessβs viability and growth potential.
ICT Business Plan Delivery Details
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$1,500
Starting Price (CAD)
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7-10 Days
Delivery Timeframe
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25-35
Pages
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Unlimited
Revisions
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IRCC
Submission-Ready
Learn About the LMIA Owner Operator Program
Important Update to the Program
Effective April 1, 2021, the Owner/Operator category, which exempted applicants from the advertising requirement of the Labour Market Impact Assessment (LMIA), has been removed from the Temporary Foreign Worker Program (TFWP). Employment and Social Development Canada (ESDC) ceased issuing owner/operator LMIAs that did not require an advertising period. This means that applicants are now required to fulfill the advertising requirement when applying for a work permit under the LMIA process. Please refer to ESDC's official website for the most current information regarding the availability and requirements of the LMIA Owner Operator program.
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An LMIA (Labour Market Impact Assessment) is a critical step in the Canadian immigration process for employers who want to hire foreign workers. It is a thorough assessment conducted by Employment and Social Development Canada (ESDC) to ensure that hiring a foreign worker will not have a negative impact on the Canadian labor market. The purpose of the LMIA is to protect the rights and job opportunities of Canadian citizens and permanent residents.
The LMIA process typically involves the following steps:
Job Market Research: The employer must demonstrate that efforts have been made to hire Canadian citizens or permanent residents for the job position by advertising the position and providing proof of recruitment efforts.
Application Submission: The employer submits an LMIA application to ESDC, providing detailed information about the job position, wage, benefits, and the need for a foreign worker.
Assessment by ESDC: ESDC reviews the application and assesses factors such as the availability of Canadian workers, the impact on the labor market, wages and working conditions, and the genuineness of the job offer.
Recruitment Verification: ESDC may request additional information or conduct an audit to verify the employer's recruitment efforts and ensure compliance with labor standards.
Decision and Approval: Based on the assessment, ESDC determines whether to issue a positive or negative LMIA. A positive LMIA indicates that hiring a foreign worker is justified due to a genuine labor market need, while a negative LMIA indicates that there are available Canadian workers for the job position.
The LMIA process is extensive to ensure that the employment of foreign workers does not negatively impact Canadian workers' job opportunities and to maintain the integrity of the labor market. It ensures that employers genuinely require foreign workers and that they provide fair wages, benefits, and working conditions, protecting both foreign workers and the Canadian workforce.
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The LMIA Owner Operator program is a distinct category within the LMIA process that offers an alternative route for foreign candidates who wish to purchase a controlling interest in a Canadian business and actively participate in its day-to-day operations. This program recognizes the unique circumstances of business ownership and emphasizes the potential positive impact on Canada's economy and labor market.
Unlike the traditional LMIA process, which focuses on demonstrating the unavailability of Canadian workers for a specific job, the LMIA Owner Operator program provides more flexibility. It acknowledges that foreign candidates, through their ownership and active involvement in a business, can bring significant benefits to Canada socially, culturally, and economically.
By meeting the requirements of the LMIA Owner Operator program, applicants can bypass the traditional LMIA process, which typically involves extensive procedures and recruitment efforts. Instead, they can concentrate on showcasing the positive impacts their business ownership and active role will have on Canadians or permanent residents. Each application is assessed on a case-by-case basis, considering the social, cultural, or economic benefits it will bring.
It's important to note that although the LMIA Owner Operator program exempts applicants from the advertising requirement of the traditional LMIA, it still requires comprehensive documentation and evidence to support the claim of significant benefit. This documentation highlights how the applicant's business plan aligns with the program's criteria and demonstrates the potential contributions to the betterment of Canada.
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To demonstrate a positive impact on the Canadian economy and labor market through your business plan, it is important to provide a comprehensive analysis of how your business will create employment opportunities, contribute to economic growth, and potentially transfer knowledge or technology to the local workforce. This can be achieved by showcasing your business expansion plans, job creation projections, and the potential for skills development and knowledge transfer within the Canadian workforce.
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The LMIA Owner Operator program does not typically restrict eligibility based on specific sectors or industries. However, it is crucial to ensure that the business you intend to purchase aligns with the requirements and objectives of the program. Each case will be assessed individually, and factors such as the economic viability and potential impact of the business on the labor market will be taken into consideration.
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The eligibility to qualify for the LMIA Owner Operator program typically involves purchasing a controlling interest in an existing Canadian business. However, it is important to note that the specifics and requirements of the program may vary, and it is advisable to consult official sources or immigration professionals for the most accurate and up-to-date information regarding the purchase of businesses that would qualify for the program.
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The length of the work permit granted under the LMIA Owner Operator program is typically subject to the regular work permit rules and regulations set by Immigration, Refugees and Citizenship Canada (IRCC). Work permit durations can vary depending on factors such as the specific LMIA application, the nature of the position, and the requirements of the program. It is advisable to consult official sources or immigration professionals for the most accurate and up-to-date information on work permit durations under the program.
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