Who is Eligible for Intra-Company Transfer Canada?
Are you an ambitious business owner, a seasoned senior manager, or a professional with specialized knowledge seeking to broaden your career horizons? If so, the Intra-Company Transfer (ICT) program in Canada could be the golden ticket to your professional growth and international business expansion. This program, a part of Canada’s International Mobility Program, is a beacon of opportunity for international businesses to tap into the thriving Canadian market. Let’s delve deeper into the intricacies of this program and understand who stands to benefit from it.
Understanding Intra-Company Transfer
The ICT program is a strategic initiative designed to facilitate the temporary transfer of key personnel from a foreign company to its Canadian counterpart. This could be a branch, subsidiary, or affiliate located in Canada. The primary objective of this program is to bolster the competitiveness of Canadian businesses by allowing them to benefit from the specialized expertise of international staff. This transfer of knowledge and skills not only enriches the Canadian workforce but also contributes significantly to the country’s economic growth.
Eligibility for the ICT Program
The ICT program is a well-crafted strategy to attract established firms from across the globe to develop their operations in Canada. There are three categories of individuals who stand to gain from this program:
- Business Owners, Entrepreneurs, and Stakeholders: If you are an individual who holds an executive position in your company and has the vision to expand your business in Canada, this program is tailor-made for you.
- Senior Managers and Functional Managers: If you are a manager who supervises and controls the work of other supervisory, professional, or managerial employees, or manages an essential function within the organization, the ICT program could be your pathway to international growth.
- Key Functionaries: If you are an individual who possesses advanced niche knowledge that is crucial to your business, you could be a prime candidate for the ICT program.
In addition to these categories, individuals must also fulfill various other requirements. These include being employed in the original company for a minimum of 12 months in the last three years before they apply for immigration.
Company Requirements for ICT
For a successful ICT, the company must meet certain criteria. The original company should be financially sound and capable of supporting operations in Canada. The company in the home country must have been functional for a minimum of 12 months before venturing into Canada. Furthermore, the original company should be related to the company in Canada as a parent, subsidiary, or affiliate.
Application Process for ICT Work Permit
Applying for an ICT Work Permit involves a meticulous step-by-step process. This includes registering your company in Canada, devising a comprehensive business plan, collecting all the essential documents, and submitting your application for the work permit. The process varies significantly based on the applicant’s nationality, and it’s crucial to ensure that all the requirements are met to avoid any setbacks.
Benefits of ICT Work Permit
ICT work permits are typically granted for one to two years and can be renewed for an aggregate of up to seven years for executives and managers. After being employed full-time for one year in a Canadian company, foreign nationals could become entitled to apply for permanent residency through the Express Entry program.
The ICT program is a fantastic opportunity for eligible individuals to expand their business operations and career growth in Canada. You can leverage this program to gain valuable international experience and contribute to Canada’s economic growth by meeting the eligibility criteria.
Are you ready to take the next step in your career journey? If you meet the eligibility criteria for the ICT program, consider applying today. For further assistance or queries, don’t hesitate to contact us. Let’s work together to make your Canadian business dreams a reality.
How Can Tudor House Immigration Help You?
To be a highly successful transferee professional in Canada, you need the services of an experienced, professional immigration consultant to make the process seamless, and smooth. We are professionals; tested and proven. We have the capacity to give you the excellent Visa service you need.
We, at Tudor House Immigration will take care of your entire intra company transfer documents preparation, application process, and application submission. We will also liaise with the authorities, to ensure you get the best service from start to finish.
Get in touch with us right now, and we will be happy to discuss your eligibility criteria and options!