Under this program the Canadian Government support Foreign Investors who wish to establish a new business or purchase an existing business in Canada, through which they will qualify to receive a work permit.
The applicant will eventually qualify to apply for permanent residency under Express Entry system, subject to meet the requirements. The Owner-Operator must also be involved in the daily business activities and concurrently have an employment relationship with the company, and be physically present in Canada.
To be eligible for the Owner Operator program:
- the foreign investor must have a verifiable, transferable experience as a business owner or as a business manager, sufficient assets to purchase the targeted business in Canada and minimum language abilities in either English or French to actively work as a manager in the business.