The owner-operator is not a formal immigration program announced by the IRCC, Canada. Rather, it is a work permit issued under the federal Temporary Foreign Worker Program (TFWP). This work visa under the Business Owner operator Program is for foreign investors and entrepreneurs who want to establish a new business or purchase an existing operating business in Canada.
To qualify as an owner-operator, the foreign investor must have a verifiable, documented, and transferable work experience as a business owner or as a business manager. An investor should have sufficient assets to purchase a business in Canada and sufficient language abilities in either English or French to actively work as a manager or owner in the business.
The foreign owner operator on a work permit can apply for Permanent Residency at a later stage to Canada under one of the programs serviced by the Express Entry system or under a suitable provincial business immigration stream.
Winny Immigration can help Business Investors to identify suitable businesses through an already established network of licensed business brokers in Canada. Once a suitable business is identified and purchased, Winny Immigration’s licensed immigration consultants and lawyers assist in the required immigration formalities to get a work permit and later permanent residency.
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