Yukon Business Nominee Program
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.
Yukon Business Nominee Program: 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.
Yukon Business Nominee Program: 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
- Value-added processing
- Forestry
- Tourism products, attractions, services and facilities
- 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
- Business, consultation and personal services
- Most professional services
- Real estate
- Holding companies
- Gas stations