LMIA Owner Operator Program

[DUNDAS]

Hi,
Please update how much investment is required for LMIA Owner operator Program.Is $500,000 mandatory .where its mentioned in immigration website you have to show $500,000 for buying business .

 

[yulie wang]

I believe that LMIA is labour market impact analyse?

 

[priya86]

Hi,
Please update how much investment is required for LMIA Owner operator Program.Is $500,000 mandatory .where its mentioned in immigration website you have to show $500,000 for buying business .

No You don't need that much , You need only 51% of existing business . For example if business is of 300K you need 153K to get partnership

 

[AnangRaj]

Does it says any minimum amount of running business of simply any business with51% share holder .
Let’s say a rasturent with value of 125K
Can one apply for that.

 

[gta88]

Does it says any minimum amount of running business of simply any business with51% share holder .
Let’s say a rasturent with value of 125K
Can one apply for that.

Any update?

 

[Khoi Nguyen]

Hi,
Please update how much investment is required for LMIA Owner operator Program.Is $500,000 mandatory .where its mentioned in immigration website you have to show $500,000 for buying business .

Which province of Owner LIMA are you talking about?

 

[Harvinder73]

Any update?

@AnangRaj
I too am looking at the Owner-Operator Stream. Lets connect at harvindersp@gmail.com. Thanks

 

[canadavisaQs]

There is no criteria of investment, I know some people who got approved by only putting $10,000 into a bank account

 

[thevisawhisperer]

@canadavisaQs are you saying that you know someone who received a positive Owner Operator LMIA on the basis of putting $10,000 into a bank account? I would have to call you on that.

 

[canadavisaQs]

@canadavisaQs are you saying that you know someone who received a positive Owner Operator LMIA on the basis of putting $10,000 into a bank account? I would have to call you on that.

yes i do and she is waiting on next FSW draw

 

[thevisawhisperer]

OK. Let me get this straight. You know someone who put $10,000 into a bank account, submitted an LMIA application (no business, no business plan, no net worth evaluation, no business background, didn't establish a company or show in any way that she was actively engaged in business) and she was approved for an O/O LMIA. Is that what you're claiming?

 

[Smd91_]

OK. Let me get this straight. You know someone who put $10,000 into a bank account, submitted an LMIA application (no business, no business plan, no net worth evaluation, no business background, didn't establish a company or show in any way that she was actively engaged in business) and she was approved for an O/O LMIA. Is that what you're claiming?

he clearly has no idea what he is talking about, if that was the case Canada would wind up having billions in population