The Yukon Business Nominee Program (YBNP) invites individuals with established entrepreneurial and business abilities to establish and operate their own businesses, thereby contributing to the growth and development of the Yukon economy. Eligible applicants must demonstrate their intention to own and operate a business within the Yukon Territory. Successful nominees will receive a Letter of Support from Immigration, Refugees and Citizenship Canada (IRCC) for a two-year work permit, allowing them to establish themselves and their businesses in the Yukon. After the completion of the two-year period, candidates who meet the eligibility criteria may receive support from the territory to apply for Canadian permanent residence through IRCC.
What are the eligibility requirements for the Yukon Entrepreneur Stream?
To be considered for the Yukon Business Nominee stream, applicants must provide official language proficiency test results that meet or exceed the Canadian Language Benchmark (CLB) Level 4.
Applicants must possess a minimum of 3 years of entrepreneurial or business management experience, and 5 years of related work experience to be considered for this business immigration stream. The experience must demonstrate the ability to establish and operate a successful business in Yukon.
Applicants must demonstrate a personal net worth of at least $500,000 CAD and be willing to invest a minimum of $300,000 CAD in a Yukon business that they will own and manage. They must hold a minimum of 33.33% ownership in the business, which must be located within one of Yukon’s strategic sectors and must not be in an ineligible industry. Successful applicants will be required to sign a business performance agreement with Yukon outlining the terms of their provincial nomination.
Candidates must score a minimum of 65 points on the Yukon Business Nominee Points Assessment Grid to be eligible for the program.
Express Entry Profile | No |
Connection to Province | No |
Job Offer | No |
Language Proficiency | CLB 4 |
Level of Education | High school |
Work Experience | Business ownership and/or management |
Investment Requirement | Investment: $300,000 CAD |
Yukon Entrepreneur Stream Application Procedure
The Yukon Business Nominee Stream operates through an Expression of Interest (EOI) process. To participate, eligible candidates must register with the Yukon Business Nominee Program (YBNP) by submitting a comprehensive business proposal. Applicants selected from the pool will be invited to submit a complete application to the YBNP, however, the program’s selection criteria and frequency of selection are not disclosed.
Successful applicants will be required to attend an in-person interview in Yukon, upon which they will receive a letter of support for a two-year temporary work permit from YBNP. The applicant must then apply to Immigration, Refugees and Citizenship Canada (IRCC) for the temporary work permit.
Upon establishing themselves, their family, and business in Yukon, the applicant must meet all conditions outlined in the Business Performance Agreement to receive a nomination for permanent residence from Yukon. After receiving a nomination, applicants have a six-month window to submit a federal application for Canadian permanent residence through a paper-based process, which is generally processed within 18 months.
Yukon Entrepreneur Stream Points Ranking System
Factor | Max Points |
Investment Value | 12 |
Liquid Assets | 8 |
Prior Visits | 8 |
Entrepreneurial and/or Management Experience | 10 |
Education | 20 |
Personal Net Worth | 8 |
Age | 10 |
Language | 12 |
Work Experience | 10 |
Location of Proposed Business | 5 |
Minimum Pass Score | 65 |
Investment Value
Investment Value | Points |
$300,000 to $400,000 | 6 |
$401,000 to $750,000 | 8 |
$750,000 + | 12 |
Maximum | 12 |
Liquid Assets
Liquid Assets | Points |
$300,000 to $450,000 | 6 |
$451,000 + | 8 |
Maximum | 8 |
Prior Visits
Prior Visits | Points |
3 to 6 days | 4 |
7 to 10 days | 6 |
11 days or more | 8 |
Maximum | 8 |
Entrepreneurial and/or Management Experience
Years of Entrepreneurial or Management Experience | Points |
3 to 5 years | 8 |
6 years or more | 10 |
Maximum | 10 |
Education
Level of Education | Points |
High School | 10 |
1 year of post-secondary education | 12 |
2 years of post-secondary education | 16 |
Bachelor’s Degree | 18 |
Masters or Ph.D. | 20 |
Maximum | 20 |
Personal Net Worth
Personal Net Worth | Points |
$500,000 to $750,000 | 6 |
$751,000 + | 8 |
Maximum | 8 |
Age
Age | Points |
21-49 | 10 |
50-51 | 8 |
52-53 | 6 |
54-55 | 4 |
56+ | 0 |
Maximum | 10 |
Language
Language Abilities | Points |
Less than IELTS 4 / CELPIP 4 / TEF 3 | 0 |
IELTS 4-6 / CELPIP 4-7 / TEF 3-4 | 8 |
IELTS 7+ / CELPIP 8+ / TEF 5+ | 12 |
Maximum | 12 |
Work Experience
Work Experience | Points |
5-7 years | 8 |
8 + years | 10 |
Maximum | 10 |
Location of Proposed Business
Location of Proposed Business | Points |
In Whitehorse and surrounding areas | 0 |
In a rural community | 5 |
Maximum | 5 |
Strategic Sectors
Ineligible Sectors |
· Passive investments |
· Retail, wholesale, or distribution operations |
· Restaurants |
· Financial services |
· Business, consultation and personal services |
· Most professional services |
· Real estate |
· Holding companies |
· Gas stations |
Contact Vizard
If you are interested in investment opportunities in Canada, contact Vizard Immigration, a professional immigration firm, for assistance. Our experienced team can provide you with guidance and information on the various investment options available in Canada, as well as assist you with the application process and representation before Canadian immigration authorities.
