Owner-Operator LMIA, the advertising exempted LMIA category has become one of the most sought-after paths for foreign nationals who desire to start or operate a business in Canada. It is a special class of programs within TFWP which simplifies and accelerates the process of immigration for potential self-employed business investors.
In the case of joint ownership, the individual with the largest shareholder can for LMIAs for the other co-owners.
Once the approval is given under the owner-operator LMIA stream, a work permit valid for 1 – 2 years is granted.
In most cases, the owner applies for a permanent residence through the Federal Skilled Express entry or under the Provincial Nominee Program. The owner-operator LMIA program increases the chances of gaining permanent residency through express entry as it improves CRS score by 200 points.