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WHAT IS THE OWNER/OPERATOR LMIA AND WHY IT IS IMPORTANT FOR PR APPLICATIONS?
In most cases, the employer must advertise the available positions to Canadian workers within a certain period of time. However, there are some exemptions to this rule. One of such exemptions is the Owner/Operator LMIA. This assessment is made for those foreigners who wish to purchase an established business or launch a new one in Canada and to work in that business as its manager, for example. Usually the foreign nationals do so with the aim to immigrate permanently to Canada in the future. The criteria for qualification of a foreign national as an owner/operator are very simple:
Receiving a positive LMIA, a foreign national obtains a work permit from IRCC, the duration of which is usually equal to the validity of the LMIA (up to 2 years). After obtaining the work permit, the owner/operator is able to apply for permanent residence through the Express Entry program or Programme de l’expérience québécoise (PEQ – Québec experience program) for the applicants in the province of Quebec.