LMIA - C11
Introduction
The LMIA exemption code C11 under the International Mobility Program is tailored for entrepreneurs and self-employed individuals seeking to establish or operate a business in Canada that will generate significant economic, social, or cultural benefits.
Applicants must demonstrate that they own at least 50% of the business and that their presence is essential for the startup or operation of the enterprise. A comprehensive business plan outlining the proposed venture's objectives, market analysis, financial projections, and anticipated benefits to Canada is crucial.
This pathway facilitates the entry of entrepreneurial talent poised to contribute meaningfully to Canada's diverse economic landscape.
LMIA - C11
Process
- Significant Benefit Assessment: The applicant must first submit a comprehensive business plan detailing the business model, operational framework, financial projections, and the entrepreneur’s role in daily management.
- Execution Plan: This step demonstrates your commitment to running the business in a feasible way, depending on the nature of your business, and comes before the IRCC approval.
- Approval: Authorities assess the business’s feasibility and alignment with Canada’s economic priorities, evaluating the entrepreneur’s ability to establish and manage the business successfully.
This program is ideal for self-employed individuals and entrepreneurs who wish to establish or acquire a business in Canada, leveraging their expertise to drive economic growth and secure long-term residency.
LMIA - C11
Price
CAD 1600
