LMIA IMP - C11 Entrepreneur Work Permit Business Plan
The Entrepreneur Benefit business plan is designed for applicants under the LMIA-exemption code C11 work permit. This permit is intended for entrepreneurs or self-employed individuals who wish to start a new business—or purchase an existing one—in Canada, and who can demonstrate that their venture will bring significant economic, social, or cultural benefit to the country.
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LMIA Internation Mobility Program - C11 Entrepreneur
In many cases, when a company wishes to hire a foreign worker—or when a foreign national wants to come to Canada to work—a Labour Market Impact Assessment (LMIA) is required. This process helps ensure that the Canadian economy and labour market are not negatively affected.
However, there are several exemptions to the LMIA requirement under the International Mobility Program (IMP). One such exemption is LMIA-exemption code C11, which is intended for self-employed individuals and entrepreneurs who can demonstrate that their presence in Canada will bring significant economic, social, or cultural benefit, or create opportunities for Canadian citizens or permanent residents.
Beyond demonstrating a significant benefit to Canada, applicants must own more than 50% of the business and present a viable, stable business plan. This is one of the few business immigration streams that does not have a minimum net worth requirement.
The best way to prove that you meet all the basic criteria and can bring substantial benefit to the country is through a well-crafted business plan. Our team of immigration experts has years of experience and thousands of success stories, and we are ready to assist you on your immigration journey.
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LMIA Internation Mobility Program - C11 Entrepreneur Business Plan Samples
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As an entrepreneur or self-employed person, you may also want to consider the C10 – significant benefit exemption instead.
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LMIA Internation Mobility Program - C11 Entrepreneur Business Plan
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Disclaimer
Joorney Business Plans Canada Inc. is not a law firm nor an immigration consulting firm and all information provided in this document should not be considered as legal advice or any advice or recommendation on any immigration application program. All information provided in this document should be verified by a licensed or certified immigration professional before the reader can act on this information. As such, it is understood that Joorney Business Plans Canada Inc. shall not be liable for any loss or damage of whatever nature (direct, indirect, consequential, or other) whether arising in contract, tort, or otherwise, which may arise as a result of your use of (or inability to use) this document, or from your use of (or failure to use) the information on this document.