3. Owner-Operator LMIA (2025 Updated Business Purchase Route)
Although the classic “Owner-Operator LMIA” was phased out, the business purchase LMIA pathway remains viable.
This route lets immigrants buy an existing Canadian business and use a positive LMIA to obtain a work permit.
Eligibility
• Purchase or acquire majority ownership of a Canadian business
• Show ability to manage and grow the business
• Provide a job offer to yourself as a manager
Advantages
• Quick relocation (2–4 months)
• Clear path to PR through Employer-Driven Express Entry streams
• Strong option for entrepreneurs who prefer buying an existing business over starting a new one