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Yukon Entrepreneur Stream
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Yukon Entrepreneur Stream

Please fill out our free eligibility assessment form. Our experienced immigration consultants/ lawyers will assess your form and help you explore your options, guiding you through the immigration process. If you have a deadline approaching, please feel free to book an appointment with us to ensure that you don’t miss out on any opportunities.

Yukon Entrepreneur Stream

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.

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Yukon Entrepreneur Stream

 What are the eligibility requirements for the Yukon Entrepreneur Stream?

  • Language Proficiency

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.

  • Work Experience

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.

  • Investment Requirement

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.

  • Points Assessment Grid

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
5 years

Investment Requirement

Investment: $300,000 CAD
Personal Net Worth: $500,000 CAD

Points Assessment Grid

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 Application Procedure

 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

  • 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

 

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.

Contact Vizard Immigration

 

Vizard Immigration Instagram

Vizard Immigration Google Maps

Vizard Immigration Telegram

Vizard Immigration WhatsApp

 

 

 

Book Appointment 

Free Assessment Form

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