For business immigration to Canada under this pathway, candidates must meet the following conditions:

• The applicant must have the financial capacity to either purchase at least 50.1% of the total shares in an existing Canadian business, or establish a new business in Canada.
• The applicant should have previously established and operated a business in their home country.
• The applicant must showcase a genuine intention to actively partake in the day-to-day management of the business in Canada.
• It must be proved, through official documentation, that the applicant has controlling share in the business and cannot be removed from the position they hold in the business. Controlling share implies that the applicant is the sole proprietor or the sole voting shareholder or holds at least 50.1% of the total shares.
• The applicant must submit a business plan including financial projections, investments and planning.
• The business must generate employment for at least one Canadian citizen or permanent resident.
• The business must contribute significantly to the economic, social, or cultural benefit of Canada.
• The candidate will also have to display sufficient English or French language skills.

Note: In order to avail LMIA exemption, those establishing a new business in Canada must be actively engaged in that business before applying for a work permit

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