{"id":53492,"date":"2018-09-04T16:21:17","date_gmt":"2018-09-04T16:21:17","guid":{"rendered":"https:\/\/immigrationca.staging.wpengine.com\/buy-a-business-and-move-to-canada-immigration-program\/"},"modified":"2018-09-14T16:12:14","modified_gmt":"2018-09-14T16:12:14","slug":"buy-a-business-and-move-to-canada-immigration-program","status":"publish","type":"post","link":"https:\/\/immigration.ca\/fr\/buy-a-business-and-move-to-canada-immigration-program\/","title":{"rendered":"Achetez une entreprise et d\u00e9m\u00e9nagez au Canada"},"content":{"rendered":"\t\t
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Wealthy business immigrants are buying businesses<\/a> and turning to Canada\u2019s\u00a0owner-operator\u00a0policies<\/b>.<\/p>\n\n

For many foreign investors, the pathway to Canada is divided in two stages, beginning with a temporary work permit<\/a> under the federal owner-operator rules.<\/p>\n\n

Under this policy the foreign investor can receive a work permit following the sale and transfer to the foreign national, of the majority share ownership of an existing profitable Canadian business.<\/p>\n\n

Once admitted on a work permit, candidates can at a later stage, apply for permanent residence to Canada<\/a> under many immigration programs.\u00a0 <\/span>This can include the Federal Skilled Worker Program, under the Express Entry system, or under a suitable provincial (PNP) business immigration stream.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tBuy a Business & Move to Canada<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tWealthy business immigrants are buying businesses<\/a> and turning to Canada\u2019s\u00a0owner-operator\u00a0policies<\/b>.\r\n\r\nFor many foreign investors, the pathway to Canada is divided in two stages, beginning with a temporary work permit<\/a> under the federal owner-operator rules.\r\n\r\nUnder this policy the foreign investor can receive a work permit following the sale and transfer to the foreign national, of the majority share ownership of an existing profitable Canadian business.\r\n\r\nOnce admitted on a work permit, candidates can at a later stage, apply for permanent residence to Canada<\/a> under many immigration programs.\u00a0 <\/span>This can include the Federal Skilled Worker Program, under the Express Entry system, or under a suitable provincial (PNP) business immigration stream.\r\n\r\n[button style=\u00a0\u00bbbtn-primary\u00a0\u00bb url=\u00a0\u00bbhttps:\/\/businesses.immigration.ca\/\u00a0\u00bb ]Buy a Business & Move to Canada[\/button]\r\n

What is the Owner-Operator Program?<\/h3>\r\nThe owner-operator policy is not a formal immigration program. Rather, it is a work permit issued under the federal Temporary Foreign Worker Program (TFWP).\u00a0There is no annual quota on the number of work-permits that can be issued.\r\n\r\nThe latest rules governing new business owners under the TFW program is gaining considerable local and international attention to many foreign business entrepreneurs and investors.\r\n\r\nRead more about how wealthy immigrants are turning to temporary work visas to gain entry to Canada<\/a>.\r\n

Why is the Owner-Operator Program Attractive to Foreign Investors?<\/h3>\r\nCurrent federal permanent immigration programs, although operational on paper, are not attracting interest from foreign investors.\u00a0\u00a0<\/span>\r\n\r\nOpportunities under federal investment-based immigration programs are unfortunately very limited in Canada.\u00a0<\/span>\r\n\r\nMost provincial investment-based residence immigration programs<\/a> operate under expression of interest scheme. Most candidates must begin with a temporary work permit and then apply for permanent admission once approved by the province. These programs operate under quotas and often require candidates to invest a lot of time and money.\r\n\r\nThis leaves a large pool of international investors seeking permanent admission to Canada to compete for a relatively small number of quota-based openings under Canada\u2019s provincial business immigration programs.\u00a0\u00a0<\/span>\r\n\r\nThe Province of Quebec dominates this area with its Quebec Immigrant Investor Program (QIIP)<\/a>. However, this program is quota based and is only suitable for ultra high net worth applicants. \u00a0<\/span>\r\n\r\nA foreign investor-entrepreneur, motivated to live in a particular area of Canada, can purchase a suitable business and relocate to that area of choice before the permanent residence is granted.\u00a0This is far more advantageous than trying to meet provincial immigration program requirements in areas of Canada that are not desirable.\r\n

Who is an ideal candidate?<\/h3>\r\nTo qualify as an owner-operator, the foreign investor must have:\r\n
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  1. Verifiable, transferable management experience.<\/li>\r\n \t
  2. Sufficient assets to purchase the targeted business in Canada.<\/li>\r\n \t
  3. Sufficient language abilities in either English or French to\u00a0actively<\/b>\u00a0work as a manager in the business.<\/li>\r\n \t
  4. Controlling interest in the business: own more than 50% of the shares and cannot be dismissed\u00a0<\/span><\/li>\r\n<\/ol>\r\nOwnership of shares does not by itself guarantee that a foreign national qualifies as an owner-operator.\u00a0 The offer of employment must be made to a foreign investor that will be actively engaged in the management of the business.\u00a0 This will be assessed by reviewing the foreign national\u2019s intention to operate the business as well as prior experience in managing or operating a business.\r\n

    What is the process?<\/h3>\r\n
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    1. The foreign investor identifies a Canadian business to purchase.<\/li>\r\n \t
    2. A Labour Market Impact Assessment (LMIA) is submitted along with a suitable business plan.<\/li>\r\n \t
    3. Once a positive LMIA opinion is issued, the foreign investor applies for a 12-24 months, renewable temporary work permit at the management level.<\/li>\r\n<\/ol>\r\n

      How long does this process take?<\/h3>\r\nOnce a suitable business is found, it will take 2-3 months to complete the LMIA application process.\u00a0\u00a0It will take less than 3-months in most jurisdictions to receive a work permit.\r\n

      When can the work permit holder apply for Canadian permanent residence?<\/h3>\r\nThere is no minimum wait time.\r\n\r\nDuring the first year of working in Canada, the foreign investor along with immediate family members can apply for permanent residence if they qualify under a suitable program, either the federal Express Entry or a provincial nomination program. In most cases, the process can be completed in less than 12 months.\r\n

      How can immigration.ca help?<\/h3>\r\nThrough our established network of licensed professionals, we can help foreign investor-entrepreneurs to identify suitable businesses for sale in Canada.\u00a0\u00a0Once a suitable business is identified and purchased,\u00a0we rely on our 60+-years<\/a>\u00a0of legal experience,\u00a0recognized in the Canadian legal community, to complete the required immigration formalities.\r\n\r\nComplete our\u00a0online assessment form<\/a>\u00a0and receive more details.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

      Les immigrants fortun\u00e9s ach\u00e8tent des entreprises et se tournent vers les politiques du propri\u00e9taire-exploitant du Canada. Pour de nombreux investisseurs \u00e9trangers, le cheminement vers le Canada se divise en deux \u00e9tapes, en commen\u00e7ant par un permis de travail temporaire en vertu des r\u00e8gles du propri\u00e9taire-exploitant. En vertu de cette politique, l\u2019investisseur \u00e9tranger peut recevoir un…<\/p>\n","protected":false},"author":16,"featured_media":53486,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4618],"tags":[],"class_list":["post-53492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-c30-business-immigration-fr"],"acf":[],"_links":{"self":[{"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/posts\/53492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/comments?post=53492"}],"version-history":[{"count":0,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/posts\/53492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/media\/53486"}],"wp:attachment":[{"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/media?parent=53492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/categories?post=53492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/immigration.ca\/fr\/wp-json\/wp\/v2\/tags?post=53492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}