Technology has taken a major place in the Canadian economy. There is a huge rise in the number of tech jobs in the Canadian market. The reason is the favorable immigration policies in the technology sector. Another reason is the turbulent set of policies by the United States. Last year, Donald Trump had suspended various employment visas, including H1B. This puts Canada in a very favorable position to become the most viable destination for tech workers interested in the US. Foreign workers thinking about relocating to Canada on a temporary or permanent basis have a few options:
Global Talent Stream
Canada has the program Global Talent Stream since 2017 and has invited several tech workers through this program. GTS also enables the processing of applications in as little time as four weeks.
Intra-Company Transferee (ICT)
If you are a tech company abroad with an office in Canada, Intra-Company Transferee might be a great choice for you. ICT candidates are employees of international corporations who have been working for at least 1 year out of the last 3 years in any of the skilled or managerial positions and are being transferred from the foreign company to its Canadian subsidiary. ICT applicants are eligible for LMIA exempt work permit as this gives them huge benefits in processing time.
Express Entry is the most popular permanent residence program for tech workers. Tech workers are the main group of immigrants using Express Entry. The quick time (approximately 6 months) is one of the key benefits of this program.
In Canada, provinces, and territories also conduct their immigrant programs to fulfill their labor market needs. Two major provinces using this program are British Columbia and Ontario. The Ontario Tech Pilot is for applicants having experience in one of the 6 tech fields. Besides the experience, the applicants must also have a valid express entry profile created when applying. There was 2 tech draws in 2020 and 1 tech draw in 2021. BC has a similar program, but the frequency of draws is on an almost weekly basis. BC has a list of 29 occupations within which it can invite candidates to apply for BC PNP.
The Start-Up Visa program has been garnering a lot of attention from tech companies from the US. The Program allows foreign entrepreneurs with innovative ideas to apply for permanent residency. If they are able to secure an investment commitment from a designated list of Canadian angel investor groups or a venture capital fund. Once applicants receive approval from any of the investment firms, they can file for their PR application. A bonus part of this process is that Canada facilitates entry of foreign applicants early on by LMIA exempt work permit to start with their business while their permanent residence application is being processed.
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