Owner Operator LMIA
To qualify as an owner/operator, foreign nationals must demonstrate prior to submitting their application,
They have controlling interest in the business:
- Register your corporation in Canada as on visitor status with more than 51% shareholder in the company or majority shareholder
- By providing an official document to confirm that one shareholder has controlling interest
- Open corporation account in any financial institution within Canada
Your business must be relevant to your current work experience
You are actively involved in business as owner manager or senior business
There is no investment or minimum net worth requirement.
Principal applicant has to have 3+ years of experience as a business owner-manager, OR, 4+ years of experience as a senior manager, OR, a combination of 1+ year of experience as a business owner-manager and 2+ years of experience as a senior manager.
Language ability: minimum CLB 7
However, you have to transfer justified funds to your Canadian account prior to the submission of application.