NOC 12203: Assessors, business valuators and appraisers
Assessors and appraisers determine the value of land, businesses, estates and other real property, for purposes of sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Business valuators quantify the value of a business, its securities or its intangible assets. Assessors, business valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.
Official Main Duties for NOC 12203
Select the duties you perform in your actual job. Under IRCC guidelines, you must perform at least 60% of these duties for a successful work permit or PR reference letter.
Your employer reference letter must confirm you performed the main actions described in the duties above. Avoid copying words directly from the NOC description — officers expect natural job descriptions with specific company context.
Canadian Labour Market & PR Pathways for NOC 12203
Under Canada's National Occupational Classification (NOC 2021 Version 1.0), Assessors, business valuators and appraisers is categorized under TEER 2. Occupations in this tier typically require completion of a 2- to 3-year post-secondary diploma, apprenticeship training, or specialized technical certifications.
Express Entry Alignment
Qualifies directly for the Federal Skilled Worker (FSW) and Canadian Experience Class (CEC) under Express Entry. Work experience must be full-time (or equivalent part-time) and continuous for at least one year.
Target Category Status
Currently evaluated under standard General and CEC invitation rounds, or targeted through provincial in-demand lists such as Ontario (OINP), British Columbia (BC PNP), or Alberta (AAIP).
NOC 2016 to NOC 2021 Transition & Equivalency
Under Canada's previous NOC 2016 classification, this occupation was mapped under the following 4-digit code(s). When preparing your Express Entry profile or work reference letters, you must use the new 5-digit code NOC 12203.
Regional Wages Across Canada
Under Canadian immigration law, an employer hiring you under an LMIA must pay you at least the median wage listed below for your province.
| Province / Territory | Low Wage | Median Wage | High Wage |
|---|---|---|---|
| Canada (National Average) | $26.37 | $35/hr | $54 |
| Newfoundland and Labrador → | $25.58/hr | $33.14/hr | $49.6/hr |
| Prince Edward Island → | $25.61/hr | $35.93/hr | $46.28/hr |
| Nova Scotia → | $28/hr | $33.65/hr | $50.54/hr |
| New Brunswick → | $22.36/hr | $34.53/hr | $42/hr |
| Quebec → | $26/hr | $30.15/hr | $50.77/hr |
| Ontario → | $26.37/hr | $33.65/hr | $50/hr |
| Manitoba → | $23.08/hr | $35.46/hr | $41.21/hr |
| Saskatchewan → | $25.39/hr | $38/hr | $47.33/hr |
| Alberta → | $30.77/hr | $40.63/hr | $56/hr |
| British Columbia → | $22/hr | $36/hr | $50/hr |
Employment Requirements
These are the education, training, and certification standards usually required by Canadian employers for this occupation:
- Assessors require a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
- Business valuators usually require a bachelor's degree or college diploma in accounting, business or commerce and accreditation with the Canadian Institute of Chartered Business Valuators based on successful completion of its business and security valuation program.
- Appraisers require a college diploma or vocational training in the field of appraisal or several years of experience in a position related to the field of appraisal.
- In Quebec, membership with l'Ordre des évaluateurs agréés du Québec (OEAQ) is required to use the title chartered appraiser.
- Real estate appraisers usually require several years of experience as a real estate agent, right-of-way agent or property administrator and may require Canadian residential appraiser certification.
- Appraisers of residential, commercial or industrial property require accreditation with the Appraisal Institute of Canada.
Official Job Titles for NOC 12203
26 Titles ListedIf your current job title matches any of these official examples, this NOC code is likely the right choice for your Express Entry reference letter:
Exclusions (Similar Jobs with Different Codes)
Check this list to make sure your actual job is not classified under one of these related codes:
- Financial and investment analysts (See 11101 Financial and investment analysts)View NOC 11101→
- Financial auditors and accountants (See 11100 Financial auditors and accountants)View NOC 11100→
- Insurance adjusters and claims examiners (See 12201 Insurance adjusters and claims examiners)View NOC 12201→
- Jewellery appraiser (See 62202 Jewellers, jewellery and watch repairers and related occupations)View NOC 62202→
- Land agent (See 12102 Procurement and purchasing agents and officers)View NOC 12102→
- Market analyst - non-financial (See 41402 Business development officers and market researchers and analysts)View NOC 41402→
- Property administrators (See 13101 Property administrators)View NOC 13101→
- Right-of-way agent (See 12102 Procurement and purchasing agents and officers)View NOC 12102→
Frequently Asked Questions for NOC 12203 (Assessors, business valuators and appraisers)
Essential answers regarding Express Entry eligibility, LMIA prevailing wage compliance, and official reference letter rules.
Check Your Express Entry Score & Latest Cutoffs
Calculate your exact Comprehensive Ranking System (CRS) score for NOC 12203, explore your TEER 2 immigration pathways, and check recent draw cutoffs.