How Canada citizenship by investment works
Thinking of applying for a Canadian passport? Read our guide on the Canada citizenship by investment programme, including the requirements, costs and benefits.
Canada is an exciting place to call home. Its vast, stunning landscape appeals to many adventurous travellers, but it also has a lot to offer those looking to relocate and work overseas.
Some of the other benefits to life in Canada include its multicultural, welcoming society, its high standard of living and low crime rate. UK expats also find the transition to life in Canada relatively easy, because of an overlap in cultures. And, one of the two main spoken languages is English.
This guide is designed for expats who wish to relocate and work at the same time, focusing on the open work permit in Canada. We’ll cover what exactly it is and we’ll take you through the requirements, the application process, what fees you can expect to pay and how to extend your permit. This should give you a good understanding of whether this permit might be for you, and how to go about applying for it.
We’ll also throw in a handy tip for how to manage your finances with Wise’s multi-currency account in readiness for your big move. You’ll see how this could really help make a difference to the costs of relocation.
To be able to work in Canada you’ll need a work permit. There are two types: an open work permit and an employer-specific work permit.¹
The employer-specific work permit lets the holder work for the employer listed on the permit for the amount of time specified. The employer will usually have to have completed certain steps to aid the application and may also need to provide a copy of the Labour Market Impact Assessment (LMIA) and a confirmed job offer.¹
The open work permit, on the other hand, isn’t job-specific, so if you hold this type of work permit you’ll be able to work for any compliant employer. More detail on which employers you can work for is available here.¹
Now, what about restrictions on these work permits? For example, you might want to know - can I travel outside of Canada with an open work permit? Or, can I study with an open work permit in Canada?
You are able to travel outside of Canada with a work permit, as long as you have your travel documentation i.e. a Canadian temporary resident visa or Electronic Travel Authorization (eTA)².
Unfortunately, you can’t study while holding an open work permit³. But, there are options for work and study. For example, international students with a study permit are entitled to work up to 20 hours per week while studying, and 40 hours (full time) during summer breaks or other regular breaks³.
You should be aware that you do have to meet certain criteria to be eligible for the open work permit⁴.
The eligibility criteria for the open work permit are quite strict. You’ll need to be any of the following:
Be aware that there are other conditions in addition to these listed criteria. To find out if you’re eligible, you can fill out a quick survey on the Government of Canada’s website.
If you’re ready to begin applying then conveniently, like for all work Canadian work permits, this can usually be done online⁶. And, that’s the same whether you’re applying from outside or inside Canada. This means that you save on the courier fees associated with paper applications and can quickly make changes to, or get updates on, your application online.
However, providing your biometrics (fingerprints and photo) is now commonly part of the application process too, and you may need to book an appointment to complete this part of the process⁷. Find out if you need to provide yours here.
The best way to begin is by getting your supporting documents ready first (see our handy documents checklist below).
Next, register for an IRCC secure account and sign in to your account to start an application⁸. Then you can fill out your forms, using the instruction guide to help you.
Once you’re happy with everything you can pay your fees (listed in the table below) and submit the application (together with your forms and supporting documents) via your account⁸. Then arrange to give your biometrics if these are required.
When applying from the UK online, you should prepare the following documentation before you start your application:
Your proof of identity
Your proof of relationship
Your immigration status
Do be aware that proof of employment isn’t needed to support open work permit applications¹⁰. However, there may be other documentation required as part of your application, as well as those listed above.
If you’re already in the country and wish to apply for an open work permit in Canada, then in most circumstances you’ll be able to apply online too⁶. However, the process is a little different so you’ll want to head to the Government of Canada’s How to Apply page for more information.
You can expect to pay two sets of fees for your open work permit application. These are the work permit processing fee and the open work permit holder fee. Both normally need to be paid at the same time.
Depending on whether you need to supply them, there may also be biometrics fees to pay too.
We’ve put together approximate costs in the table below for you, but it’s always worth checking the fee list for the most up to date information.
Fee Type | Amount |
---|---|
Work permit processing (including extensions) - per person | $155 CAD (£89) |
Open work permit holder | $100 CAD (£57) |
Biometrics - per person | $85 CAD (£49) |
Biometrics - per family (2 or more people applying at the same time and place) | $170 CAD (£98) |
Processing times vary depending on your individual application, and also where you’re applying from - the most up to date information can be found here.
At the time of writing, applications from the UK take about 4 weeks and take about 59 days from within Canada¹². If you need to provide biometrics this could potentially extend the processing time as well, because this may need to be done in person. So make sure you factor these in.
Canada’s open work permit validity depends on your individual circumstances, such as the eligibility criteria you met and the amount of time left on your passport¹³. Immigration officers will decide the validity period for the permit.
You can apply to extend your open work permit when it’s about to run out, but this should be at least 30 days before expiration¹⁴. You’re then legally allowed to stay in Canada until a decision is made on your application.
To extend your permit you’ll need to log in to your existing IRCC account. From there you can follow the instructions to request an extension and pay the processing fee. A decision will then be made on your request to renew - the outcome will likely depend on the eligibility criteria you meet, and whether your circumstances have changed since you first applied.
Once you’ve secured your open work permit, you can start looking forward to your move. Before you leave, and to save on the associated costs, it could also help to open a multi-currency account with Wise.
With Wise’s international money transfer service, you can choose to send earnings overseas to your main bank for only a tiny fee. Unlike with traditional banks, you’ll encounter no hidden fees and you’ll always get the real, mid-market exchange rate, avoiding sneaky mark-ups which make the transfer more expensive.
If you’re frequently travelling, you can also make great use of the Wise debit card and spend in 150+ countries from the moment you arrive.
We hope that this guide has helped you get the information you need about the open work permit in Canada. If you find that you meet the specific eligibility criteria then the path towards securing your permit shouldn’t be too difficult.
Be sure to have all your documents and funds ready for as smooth an application process as possible, and check if you need to arrange to give your biometrics. And remember, renewing your permit is possible should you wish to carry on living and working in Canada after it runs out. Good luck with your move!
Sources used for this article:
Sources checked on Aug 10, 2021.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Thinking of applying for a Canadian passport? Read our guide on the Canada citizenship by investment programme, including the requirements, costs and benefits.
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