As of July 1, 2024, the Canada-Ukraine Free Trade Agreement (CUFTA) has introduced new provisions to streamline the temporary entry of Ukrainian business persons into Canada. This update enhances the mobility of Ukrainian professionals, business visitors, intra-corporate transferees, and investors, aligning with Canada’s broader goals of economic collaboration and talent acquisition.
Key Changes:
- Business Visitors: Allows temporary entry for short-term business activities.
- Professionals: Facilitates entry for specialized professionals with relevant qualifications.
- Intra-Corporate Transferees: Eases the transfer of employees within multinational companies.
- Investors: Supports the entry of individuals looking to invest and establish operations in Canada.
The updated guidelines from Immigration, Refugees and Citizenship Canada (IRCC) are designed to assist in the efficient processing of these applications.
Impact on Businesses:
The CUFTA provisions offer Canadian businesses expanded access to skilled Ukrainian workers, potentially enhancing the labor pool and fostering growth. Additionally, Ukrainian investors now have clearer pathways to establish or expand their businesses in Canada. For Ukrainians currently in Canada on an open work permit under the Canada-Ukraine Authorization for Emergency Travel (CUAET), these new options may improve their chances of securing employer-specific work permits, thereby increasing their prospects for permanent residency through Express Entry.
These changes mark a significant step in strengthening economic ties between Canada and Ukraine, creating new opportunities for collaboration and growth.
Contact NPZ Law Group Today
At NPZ Law Group, our U.S. and Canadian lawyers seek to assist clients with regard to employment and family immigration issues. If you or your friends or family should have any questions about any aspect of U.S. and Canadian Immigration Law, please feel free to contact us at info@visaserve.com or you can call our office at 201-670-0006 (ext. 104). We look forward to being able to assist you.