Dear Sahil, thank you very much for your prompt response. Do you recommend any good consultant with whom i can be associated with for the entire process? Also how much investment should we show to get more success of getting 200 points. I want to do the trading business related to oil & gas industry related products, as i have project engineering and management experience for more than 15 years but no business experience as such.To get LMIA approval, you need to convince the officer that how can you be beneficial to Canadian Economy. How much jobs you will be creating and why you need to be here in Canada ? I suggest you not to buy a business if you want to save money. Just incorporate a new company, make some initial investment like office lease, office equipment, start payroll and apply for LMIA. I still advise you to start your business from scratch if possible and follow your business plan. If not, then there is always an option to buy an active business and apply for LMIA instantly.
Hope it helps!!
One consultant has given me below feedback, which i am doubtful!
"It has to be an investment, you'd have to come, open the business, work in it for at least a year, pass all the compliance reviews and only then apply for LMIA for 200 points."
Wouldn't you mind to share me your contact details / whatsapp number so that i can chat with you personally!