Owner Operator Program Canada

OWNER OPERATOR PROGRAM CANADA

The owner operator program provides a window of opportunity to Foreign Investors who are looking to run their business in Canada on Work Permit with a strong chance to become Permanent Resident of Canada. This is Federal program and is available all over Canada. There is no quota for this program.

This work visa under Business Owner operator Program is for Foreign Investors who wish to establish a new business or purchase an existing business in Canada. To qualify as an owner-operator, the foreign investor must have a verifiable, transferable experience as a business owner or as a business manager, sufficient assets to purchase the targeted business in Canada and sufficient language abilities in either English or French to actively work as a manager in the business.

The Temporary Foreign Worker (TFW) program is a suitable vehicle to facilitate the admission to Canada of a foreign owner, following the sale of a Canadian business or the launch of a new entity.

For foreign investors begin with a temporary work permit under the federal Business Owner operator Program’s rules. These policies will apply for the establishment of a new business or the sale and transfer of a significant portion of ownership in a Canadian business to a foreign national.

The foreign owner operators on a work permit, at a later stage, apply for permanent residence to Canada under one of the programs serviced by the Express Entry system or under a suitable provincial business immigration stream. For Owner-Operators who apply under the LMIA program, they must have at minimum 50% ownership of the company and they may also benefit by receiving 200 points for an Express Entry permanent resident application as having a senior manager position (NOC 00).