Applications are currently invited for Canada Open Work Permit 2024, targeted at applicants under the Startup Visa Program. To ensure financial stability, foreigners with start up ideas can now move to Canada to work for other employers to earn more money to grow that will enable them grow their businesses.
Previously, Startup Visa candidates were limited to Closed Work Permits, restricting them to working only for their own businesses. However, with the Open Work Permit policy which takes effect from October 3, 2024, they can take on additional jobs to supplement their income while focusing on building their ventures. This policy provides greater flexibility for entrepreneurs starting businesses in Canada.
What really is an Open Work Permit?
An Open Work Permit allows foreign workers to be employed by nearly any employer in Canada, offering greater flexibility compared to a Closed Work Permit, which restricts workers to a single employer or job. This flexibility is particularly beneficial for entrepreneurs, as it enables them to earn additional income from multiple jobs while focusing on developing their startup.
Eligibility Criteria | Canada Open Work Permit Application 2024
Canada Open Work Permit is primarily open to key entrepreneurial team members committed to launching their business in Canada. However, to be eligible applicants must have applied for permanent residence under Canada’s Startup Visa program and possess an acknowledgment of receipt letter confirming their application has been received. The applicants must meet the following eligibility conditions.
- Relocation Requirement: Entrepreneurs must plan to settle outside Quebec, as the Startup Visa is a federal program that doesn’t apply to the province.
- Positive Economic Impact: Applicants need to show that their business will have a substantial positive effect on the Canadian economy.
- Proof of Financial Stability: They must also prove they have enough funds to support themselves and their family, separate from the funds needed to run the business.
Benefits of Canada Open Work Permit
Amongst other great benefits of Canada’s Startup Visa Open Work Permit is that to the applicant’s immediate family. The entrepreneur’s family are allowed to come to Canada and fully participate in work or education opportunities while the entrepreneur focusses on building his business. That is;
- Spouses or common-law partners to apply for their own Open Work Permits
- Dependent children can apply for study permits to attend Canadian schools.
Each family member will need to fill out a separate application form, whether for a work permit, study permit, or visitor visa, as needed.
Also Check: Companies Sponsoring Work Visas in Canada 2024-2025
How to Apply
The applications for the Startup Visa Canada Open Work Permit 2024 are done online. Applicants will be required to gather and submit some necessary documents. Below is a step-by-step procedure for applying:
Step 1: Gather Requirements Documents:
The first step to applying for this Canada Open Work Permit is to gather necessary documents. Some or all of the following documents might be required;
- Acknowledgment of Receipt: Proof that your permanent residence application under the Startup Visa program has been submitted.
- Supporting Letter: A letter from the organization endorsing your startup.
- Proof of Funds: Evidence that you have sufficient financial resources to support yourself and your family.
- Medical Examination Results: A recent medical exam report, if required.
- Police Clearance Certificate: Some applicants may need to submit a police certificate.
- Business Plan: Details on how your business will operate in Canada.
- Staffing Plan: A plan for hiring and staffing your company.
- Exploratory Research: Evidence of research or planning for your business, such as site visits or supplier negotiations.
- Resume: An updated resume showcasing relevant experience.
- Proof of Competency: Documentation proving you have the necessary skills to lead the business.
Step 2: Proceed to Application
Once you have gathered all required documentations, the next is to proceed to the official application portal and read the detailed application instruction, then submit your application.
Application Processing
After submitting your application, Immigration, Refugees, and Citizenship Canada (IRCC) will review it to ensure all required documents, including biometrics (fingerprints and photos), are provided. If anything is missing, the application will be returned.
If the documentation is complete, the IRCC may request additional information, schedule an interview, or ask for more documents. In some instances, a medical examination may be required, potentially extending the processing time by several months.
Checking Your Application Status
You can monitor your application status online. Ensure you have your application number and unique client identification (UCI) available when accessing the IRCC portal.