The Yukon Business Nominee Program (YBNP) offers a unique opportunity for individuals seeking to establish themselves and their business ventures in the picturesque territory of Yukon, Canada. This program, administered by Immigration, Refugees and Citizenship Canada (IRCC), provides a pathway to permanent residency for eligible candidates who meet the program's requirements and successfully establish and manage a business in Yukon.
Applicants nominated through the YBNP receive a letter of support for a two-year work permit from IRCC. During this period, individuals can settle in Yukon and focus on establishing and nurturing their business endeavors. Upon fulfilling the two-year work permit requirements and meeting eligibility criteria, candidates receive support from the territory to apply for permanent residence with IRCC.
To be eligible for the Yukon Business Nominee stream, applicants must meet specific criteria:
The YBNP operates on an Expression of Interest (EOI) system. Eligible candidates register with the program and submit a comprehensive business proposal. If the proposal aligns with program criteria, applicants enter a pool for consideration.
The YBNP selects candidates from the pool and invites them to submit a complete application. While the selection criteria remain undisclosed, successful applicants proceed to an in-person interview in Yukon.
Upon approval, candidates receive a letter of support for a two-year temporary work permit from the YBNP. This permit enables applicants to establish themselves, their families, and their businesses in Yukon.
Upon fulfilling program requirements and successfully establishing their business, candidates receive a nomination for permanent residence from Yukon. Within six months of nomination, applicants submit a paper-based application for Canadian permanent residence to the appropriate processing center.
Candidates must score a minimum of 65 points on the Yukon Business Nominee assessment grid, which considers factors such as investment value, entrepreneurial experience, education, language proficiency, and proposed business location.
| 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 | Points |
| $300,000 to $400,000 | 6 |
| $401,000 to $750,000 | 8 |
| $750,000 + | 12 |
| Maximum | 12 |
| Liquid Assets | Points |
| $300,000 to $450,000 | 6 |
| $451,000 + | 8 |
| Maximum | 8 |
| Prior Visits | Points |
| 3 to 6 days | 4 |
| 7 to 10 days | 6 |
| 11 days or more | 8 |
| Maximum | 8 |
| Years of Entrepreneurial or Management Experience | Points |
| 3 to 5 years | 8 |
| 6 years or more | 10 |
| Maximum | 10 |
| Level of Education | Points |
| High School | 10 |
| 1 year of post-secondary education | 12 |
| 2 years of post-secondary education | 16 |
| Bachelors Degree | 18 |
| Masters or Ph.D | 20 |
| Maximum | 20 |
| Personal Net Worth | Points |
| $500,000 to $750,000 | 6 |
| $751,000 + | 8 |
| Maximum | 8 |
| Age | Points |
| 21-49 | 10 |
| 50-51 | 8 |
| 52-53 | 6 |
| 54-55 | 4 |
| 56+ | 0 |
| Maximum | 10 |
| 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 | Points |
| 5-7 years | 8 |
| 8+ years | 10 |
| Maximum | 10 |
| Location of Proposed Business | Points |
| In Whitehorse and surrounding areas | 0 |
| In a rural community | 5 |
| Maximum | 5 |
The Yukon Business Nominee Program offers a promising pathway for aspiring entrepreneurs to realize their business ambitions while securing permanent residency in Canada. By meeting the program’s requirements and successfully establishing a business in Yukon, individuals not only contribute to the local economy but also fulfill their aspirations of building a prosperous future in this vibrant territory.
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