There is no shortage of business immigration opportunities for foreigners looking to move their families and companies to Canada. One such option is the Entrepreneur Work Permit also known as the Labour Market Impact Assessment (LMIA).
The Entrepreneur Work Permit – LMIA was designed to help entrepreneurs, self-employed individuals, and temporary workers come to Canada. The permit aims to draw talented foreigners who can contribute significant benefits to Canada’s residents, culture, and economy.
If you are an entrepreneur or self-employed person looking to move to Canada for business, the Entrepreneur Work Permit – LMIA may be an outstanding opportunity for you. However, there are many hoops to jump through and requirements to meet in order to be considered for Entrepreneur Work Permit – LMIA. One false step and your entire application could be thrown out, requiring you to consider whether to start again.
Luckily, you do not have to navigate Canada’s complex immigration system alone. Loft Immigration Services Inc. has over a decade of legal experience assisting hundreds of clients with their business immigration needs. Regulated and authorized by the College of Immigration and Citizenship Consultants (CICC), our firm has the knowledge to guide you in the pursuit of your goals.
Prospective clients are encouraged to contact our law office to schedule a free case evaluation at any time.
While not all business types are eligible for Entrepreneur Work Permit – LMIA consideration, numerous others are encouraged to apply.
In addition to working in one of the eligible fields, an applicant must also meet the following requirements to be considered for a Entrepreneur Work Permit – LMIA.
Firstly, you must establish that you have the necessary skills and work background to develop the business you are hoping to launch in Canada, or you must purchase an existing business and either improve or maintain a successful business track record. Whether you create or purchase a business in Canada, you must own 50% or more of the business.
In your application, you must include a business plan. The immigration officers will review your business plan and decide whether it is feasible to achieve. It helps if the business plan is meaningful in some way, either culturally or economically, while also benefiting the citizens and residents of Canada.
You must have some of the money and infrastructure planning in order. This may include rounding up investors, signing agreements with local suppliers, furnishing office space, contacting vendors, and making plans for the employees you’ll need to hire.
All these steps are important. Some of them may require years of hard work and can only be accomplished by the entrepreneurs themselves. However, other elements like the business plan can benefit from the assistance of our Canada attorneys specializing in business immigration. The lawyers and legal staff of Loft Immigration Services, Inc. would be happy to lend our experience and knowledge as you begin the process of meeting the basic requirements for Entrepreneur Work Permit – LMIA consideration.
Entrepreneurs and self-employed individuals looking to start a business in Canada are required to show that their business will have a “Significant Benefit to Canada.”
At the end of the day, the immigration officer wants to ensure three main points. Will it contribute to the advancement of a particular industry? Will it benefit Canada’s economy? Or conversely, will it have a negative impact on the national or provincial economy?
Entrepreneur Work Permit – LMIA are valuable business immigration tools for entrepreneurs and self-employed individuals looking to start or buy a business in Canada. Like most things in the immigration system, however, applying for and getting approved for an Entrepreneur Work Permit – LMIA is not a simple venture. There are several requirements to meet, and your business plan must be realistic and enticing to immigration officers.
Loft Immigration Services Inc can help.
Our consultants have over a decade of experience helping clients like you achieve their dreams of owning and operating businesses in Canada. We offer personalized ongoing legal support, which can save you time and money on your journey into Canadian business. Our law firm employs innovators, knowledgeable legal minds, and one of Canada’s foremost business immigration consultants. As your legal counsel, we shall always endeavor to treat you and your goals with the proper respect you deserve. We believe that integrity, transparency, and a client-first approach are necessary tenants to creating a strong and reputable law firm.
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