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NOC 12203 is the Canadian National Occupational Classification code for Assessors, business valuators and appraisers. It is classified TEER 2 — College diploma, apprenticeship (2+ yrs) or supervisory, which meets the skill requirement for Express Entry. An officer decides whether you can claim this code by comparing the duties written in your reference letter against the official main duties below — not by your job title.
Classification
Business, finance & administration
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Definition
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.
Main duties
Example job titles
Overview
NOC 12203 (Assessors, business valuators and appraisers) is classified as a TEER 2 occupation under the ESDC NOC 2021 system, making it a highly eligible pathway for skilled Canadian immigration. Professionals in this unit group determine the value of land, residential and commercial properties, businesses, and other tangible or intangible assets. Their day-to-day duties involve analyzing market trends, inspecting real estate, assessing business assets for mergers or acquisitions, and preparing formal appraisal reports for taxation, financing, or legal disputes.
According to official ESDC guidelines, employment in this occupation typically requires a university degree or college diploma in business administration, economics, or a related field. In addition, professional accreditation is highly recognized and often mandatory. For real estate appraisers, designation from the Appraisal Institute of Canada (AIC) or a provincial equivalent is standard, whereas business valuators typically require the Chartered Business Valuator (CBV) designation. Meeting these educational and professional benchmarks is essential for establishing eligibility under Canada's Express Entry programs.
Because NOC 12203 is classified as TEER 2, skilled workers in this category may qualify for key economic immigration streams, including the Federal Skilled Worker Program (FSWP), the Canadian Experience Class (CEC), and various Provincial Nominee Programs (PNPs). Candidates must demonstrate that their work experience closely matches the lead statement and main duties outlined in the official NOC profile.
Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.
Yes — Assessors, business valuators and appraisers is TEER 2, and TEER 0–3 occupations meet the skill-level requirement for Express Entry programs such as the Federal Skilled Worker Program and the Canadian Experience Class. Full eligibility also depends on your work experience, language results and other program criteria.
Assessors, business valuators and appraisers is classified as TEER 2 — College diploma, apprenticeship (2+ yrs) or supervisory. Always confirm the exact employment requirements on the official NOC profile before relying on them.
Yes — Assessors, business valuators and appraisers is regulated in Québec, so practising there requires recognition from the relevant professional body, and Québec immigration programs take this into account.
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Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.