Don't know what to do?
Get free counseling
The Intra Company Transfer (ICT) program of Canada is an immigration option for international businesses that want to expand their current operations in Canada. Through this program, businesses can establish their current operations in Canada, with an easy pathway to Canadian permanent residence. Additionally, it offers a study permit for children and open work permit for a spouse. It also presents an opportunity to create employment opportunities in Canada. The Canadian immigration system offers various business immigration options and the ICT program is one of them. If you are interested in this program, please note that there are certain requirements, benefits, and application process which includes the path to switch to Permanent residency.
The Canada Intra Company Transfer (ICT) program is a pathway
under the International Mobility Program that allows qualified foreign business
owners to transfer their businesses to Canada and obtain a work permit. Through
this program, the business owner can gain an ICT Work Permit and eventually
become eligible for Permanent Residence. Spouses and children of the primary
applicant may also be able to get open work permits and study permits,
respectively. However, it is important to note that the ICT program is just one
of the business immigration options available and it is suggested to get a free
instant assessment to learn more about your options to migrate to Canada.
The Intra-Company Transfer (ICT) program was created to
attract established companies from around the world to establish operations in
Canada. The following three types of individuals can benefit from this program:
business owners, entrepreneurs, and executives of profitable companies who
intend to also succeed in Canada. Senior and functional managers who currently
work for a foreign company and wish to hold a similar position in Canada, and
key employees with specialized knowledge. Additionally, these individuals must
meet certain requirements in order to be granted a work permit under the ICT
Entrepreneurs who operate successful businesses in their
home countries can apply for an Intra-Company Transfer (ICT) work permit to
expand their operations in Canada. However, there are specific requirements
that must be met in order to be granted a work permit through the ICT program.
For companies applying for an Intra-Company Transfer (ICT)
for the first time in Canada, it is important to demonstrate that expanding to
Canada is a viable business decision and that the new operations will be large
enough to recruit locally. To do this, they must show a well-developed business
plan, and meet the basic eligibility requirements for ICT applications.
There is no specific investment amount required by the
Canadian government for companies expanding to Canada, but they must
demonstrate that they have the financial resources to establish and support
their new operations and to recruit talent locally. Typically, this may include
having proven gross sales of over $250,000 per year and access to at least
$100,000 in liquid funds to cover operational costs in the first year of
business. Additionally, companies must also show that they have access to
additional funds or assets to sustain their business in Canada in case it does
not become self-sufficient by the end of the first year of operation.
To apply for the Intra-Company Transfer (ICT) work permit,
the first step is to confirm that you meet the program's eligibility criteria.
Next, it is important to create a strategy for demonstrating your potential to
the Canadian immigration authorities. This will include gathering evidence to
support your application and providing detailed explanations of how you meet
the eligibility criteria and why you need to be in Canada.
To apply for the Intra-Company Transfer (ICT) work permit,
there are several steps that need to be followed:
Step 1: Establish
your company in Canada as a parent, subsidiary, or affiliate.
Step 2: Develop a
detailed business plan that outlines the proposed business activities, market
research, and how you plan to operate profitably in Canada. This should include
your recruitment plan and financial projections for the next 2-3 years.
Step 3: Gather
all necessary documents (such as articles of incorporation, bank statements,
proof of investment funds) and complete your work permit application.
Step 4: Submit
your application for the Canada work permit and wait for the decision.
It's worth noting that the process may vary depending on the
applicant's nationality, and whether or not their country has an agreement with
Canada that facilitates the immigration process through the ICT program. Some
applicants from visa-exempt countries may be able to apply for an ICT work
permit at the port of entry (POE).
The processing time for the ICT Work Permit (WP) application
can be found on the IRCC website, and it varies depending on the office and the
applicant's country of origin. Our experience suggests that applications
processed by the CPC-Edmonton office tend to be decided upon quickly, usually
within one to two months. However, this office also tends to have a higher rate
of refusals than other offices. It is recommended to consult with an
immigration lawyer to determine the best location to submit the application.
ICT Work Permits are generally granted for one to two years,
with some exceptions for certain countries that may receive a three-year
permit. These permits can be renewed for an additional two to three years, with
a maximum duration of five years for knowledge workers and seven years for
executives and managers. However, for those employed by newly established
companies in Canada, the permit may only be valid for one year. Citizens of
visa-exempt countries like the US, UK, EU, Australia, and Japan, are able to
secure a three-year permit through Free Trade Agreements between their
countries and Canada.
It's important to note that ICT WP's can be obtained through
a Labour Market Impact Assessment (LMIA) exemption (C12) in specific cases.
The Intra-Company Transfer (ICT) program of Canada allows established foreign businesses to establish operations in Canada and obtain work permits for eligible employees. The processing time for ICT work permit applications vary, with an average of one to two months for some offices. The duration of ICT work permits are typically one to two years, with the possibility of renewal for up to five years for skilled workers and seven years for executives and managers. After working in a Canadian company for a year, employees may be eligible to apply for permanent residence through the ExpressEntry program.
For those seeking permanent residency in Canada through the ICT program, there is a pathway available. The ICT to permanent residency route allows individuals to transition from an ICT work permit to permanent residency status in Canada. This process involves meeting certain eligibility criteria, such as fulfilling the required work experience and demonstrating language proficiency, among other requirements. It is important to note that the process of transitioning from an ICT work permit to permanent residency may involve additional processing times and requirements beyond the initial work permit stage.
It's worth mentioning that the specific details regarding processing times and requirements for ICT work permits and transitioning to permanent residency can be subject to change, and it is advisable to refer to the official government sources or consult with an immigration professional for the most up-to-date and accurate information.
The Canada ICT visa, also known as the Intra-Company Transfer visa, is a popular option for multinational companies looking to transfer employees to their Canadian branches or subsidiaries. Understanding the processing time for the Canada ICT visa is crucial for both employers and employees involved in the intra-company transfer process.
The processing time for the Canada ICT visa can vary depending on several factors, including the specific visa category and the workload of the immigration authorities. On average, the processing time ranges from a few weeks to several months. It is important to note that these timeframes are approximate and can change, so it's advisable to consult official government resources or seek assistance from immigration professionals for the most up-to-date information.
To ensure a smoother and faster processing time, it is essential to submit a complete and accurate application with all required supporting documents. Additionally, employers should initiate the visa process well in advance and allow ample time for any potential delays. Keeping track of the application status through online portals or contacting the relevant immigration authorities can provide clarity on the progress and estimated processing time for the Canada ICT visa. By understanding and planning for the processing time, employers and employees can navigate the intra-company transfer process effectively and minimize any disruptions to their business operations or career plans.
Explore what Global Indians have to say about BMC in shapping their future
BMC Client Mr.Vikas shares the feedback that he signed a contract for Canada student Visa and the consultant who was assigned was so good and excellent.
Myself Deepika Chhabra, I applied for Canada PR Visa under federal skilled worker program. Thanks for providing the good support by BMC, Finally we got PR Visa.