In today’s world, businesses all around the world are planning to expand their horizons across the border to capitalize on the diverse pool of talent within the international market. With…
In today’s world, businesses all around the world are planning to expand their horizons across the border to capitalize on the diverse pool of talent within the international market. With a multicultural society and business friendly environment, Canada stands out among companies that are planning to expand their business. Canada provides foreign nationals with various opportunities to obtain a work permit. One of the most significant programs that Canada has is called an Intra-Company Transfer (ICT). In this comprehensive article, we will dive into all the relevant details of ICT, while exploring the benefits, eligibility criteria and as well as the application process.
Canada Intra Company Transfer also known as Canada ICT Visa is suitable for owners of multinational companies who will be transferred to work in an affiliated company while it is either well established or a start up in Canada. Canada’s Intra Company Transfer is rather a significant opportunity as compared to the regular work visa.
Canada Intra Company Transfer program, is a specialized segment within Canada’s Temporary Foreign Worker Program (TFWP), aims to streamline the relocation of essential personnel from multinational corporations to their Canadian branches, subsidiaries, or affiliated entities. This initiative empowers companies to utilize their international talent pool, facilitating the temporary deployment of skilled professionals to Canada. By fostering knowledge exchange, innovation, and business expansion, the ICT program plays a pivotal role in enhancing organizational capabilities and driving economic growth.
Canada’s Intra Company Transfer Program (ICT) holds a unique significance, however among many benefits, several advantages are listed below:
Entrepreneurs who have well settled business in their home towns have the perfect opportunity to set up business in Canada under ICT. However, there are several requirements that must be met before setting a business in Canada:
To be eligible for the ICT program, specific criteria must be met by both the employer and the employee. The employer is required to:
Likewise, the employee must:
Once the application is done, It is sent for review and approval to the immigration that assesses the merits of transfer based on the employer’s credibility and the employee’s abilities. If it is approved, the employee will receive a letter of permission and will be allowed to work in Canada.
Canada’s Intra Company Transfer is an effective strategy that allows multinational companies to facilitate a transfer of skilled employees in their operations in Canada. With the assistance of ICT, businesses all around the globe have the ability to source skilled employees from all around the world & focus on the growth of the business, while abiding by the immigration rules in Canada.
FAQS
What is the initial validity of ICT Work Permit?
The initial work permit is valid for 12 months (a year). However, the permit can be reviewed several times (2 to 3 times).
Can an employee work in another company while working on a ICT Work permit in Canada?
No, under the work permit rules and regulation you will only be able to work with your employer.
What is the minimum time required for ICT Work Permit application?
It takes about 1-2 months. However, Based on where your visa office is, it can take up to 3 to 4 months.