LMIA Owner Operator Business Plan
When seeking to hire foreign workers, companies are often required to receive a positive Labour Market Impact Assessment (LMIA) confirming that the foreign worker is required and that reasonable efforts were taken to hire a current resident or citizen first. LMIAs are reviewed by Employment and Social Development Canada (ESDC).
The LMIA Owner Operator program is a variation to this process. It is intended for foreign candidates who wish to purchase a controlling interest in a business and be involved in the daily operations. These candidates may receive a positive LMIA without advertising the position if they can demonstrate – through a business plan – that the arrangement will result in a neutral or positive impact to the overall business and labour market.
The LMIA Owner Operator business plan is therefor one of the most important aspects for application. It needs to make a compelling case that the business will have a positive impact to the economy and that the candidate is suited to run the business successfully.
Recent Changes Reshape Owner Operator LMIA
At Joorney, we are passionate about business immigration and have contributed to hundreds of successful immigration cases. We know what ESDC expects to see and what is most important to them. This allows our expert team of business plan writers to craft a compelling, convincing, and sound business plan that will get you one step closer to obtaining your work permit.