Register a company in BC, Canada, Open a business bank account or individual bank account in Canada, apply for a permanent resident card and naturalization.
The Yukon Business Nominee Program allows entrepreneurs to own and operate their business in Yukon. Candidates initially come to Yukon on a two-year work permit, before being nominated for permanent residence if they successfully establish their business.
Requirements
Legally-acquired net worth of at least $500,000, documented and verified by a Yukon accounting firm
Legally-acquired minimum of $300,000 in liquid assets, documented and verified by a Yukon accounting firm
Invest at least $300,000 in capital investments for the business in the first 2 years.
· This does not include any capital investments made before acceptance into the Yukon Business Nominee Program.
· Capital investments include purchases such as property or equipment. It does not include purchases such as a house, vehicles that are only partially for the business and operational or maintenance expenses.
Score at least 65 points on the assessment grid
Minimum high school education. If your business requires more education, you must also provide proof of these credentials
At least 3 years of entrepreneurial or business management experience.
At least 5 years work experience relevant to the business
Not be a refugee or have an active request for refugee status
Have never been denied immigration to Canada
Have no active applications for any other provincial or territorial nominee program
Intend to permanently live in Yukon
Agree to live in Yukon with dependents, if applicable, while managing and investing in the business.
Hold a position within the business of National Occupational Classification 0 or A.
Have not yet purchased or started the business in Yukon at the time application.
Business Eligibility
The business must:
Be a new business or a purchase of an existing Yukon business.
Be managed by the candidate.
Not be a passive investment.
Belong to any of the following strategic sectors:
· Information technology
· Manufacturing
· Forestry
· Value-added processing
· Tourism products, attractions, services and facilitiesy
· Energy
· Mining or mineral development
· Agriculture
· Cultural industries
· Film and video production
NOT belong to any of the following strategic sectors:
· Passive investments
· Retail, wholesale operations, distribution operations
· Restaurants
· Financial services
Process
Applications that meet the program’s requirements are placed in a pool of potential candidates for six months.
Candidates selected from the pool are asked to submit documents to verify the information contained in the original application. If the application meets the eligibility requirements, candidates are invited for an in-person interview in Yukon.
After the interview, the business proposal is assessed by Yukon officials Approved candidates will be receive support in obtaining a two-year work permit from the federal government to establish the business in Yukon.
After two years, candidates meeting the requirements are nominated for permanent residence.
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Register a company in BC, Canada, Open a business bank account or individual bank account in Canada, apply for a permanent resident card and naturalization.
Business immigration » Yukon Business
Yukon Business Nominee Program
Overview
Requirements
Business Eligibility
Process
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