LMIA Exempt c11 IMP Entrepreneur Business Plan
LMIA International Mobility Program BUSINESS PLAN
The two popular Mobility programs to immigrate to Canada are:
1.Canadian Interests-Significant Benefit [C10]
The International quality Program (IMP) provides many exemptions to the present LMIA demand, known as R205(a) C10, this pathway is usually referred to as the numerous profit class.
The significant benefit work permit is a unique type of work permit that requires the applicant to demonstrate certain criteria that would be considered beneficial to Canadians. Unlike most other work permits, this type of work permit is considered Labor Market Opinion exempt provided that it can satisfy an officer that it meets the criteria.
To be eligible for a significant benefit work permit, as the applicant, you must consider the following criteria and demonstrate that you would:
- create or maintain significant social, cultural, or economic benefits or opportunities for Canadian citizens or permanent residents;
- create or maintain reciprocal employment of Canadian citizens or permanent residents of Canada in other countries;
- be engaged in work that is designated to be performed by a foreign national based on the following criteria:
✓ Work-related to a research, educational, or training program or limited access to the Canadian labor market is necessary for reasons of public policy relating to the competitiveness of Canada’s academic institutions or economy;
✓ is of a religious or charitable nature.
2.Entrepreneurs/self-employed candidates seeking to operate a business- C11
Foreign nationals applying to work for themselves or to operate their own business on a temporary or permanent basis must demonstrate that their admission to Canada to operate their business would generate significant economic, social, or cultural benefits or opportunities for Canadian citizens or permanent residents according to paragraph. Benefits to Canadian clients of a self-employed worker may be considered in this case, particularly if the worker is providing a unique service.
Beyond demonstrating significant benefits, applicants must own more than 50% of the business in question and create a viable and stable business plan. This is one of only a few business immigration streams that have no minimum net worth requirement.
The best way to establish you meet all basic requirements and can satisfactorily bring significant benefit to the country is through a well-written business plan. Our team of immigration experts has years of experience, thousands of success stories and are ready to help you on your immigration journey.