Yukon Business Nominee Program (YBNP)
The Yukon Business Nominee Program (YBNP) is designed for experienced entrepreneurs aiming to establish or acquire a business in Yukon, Canada. The program offers a pathway to permanent residence for business immigrants willing to invest and manage a business in Yukon.
Eligibility Criteria
Business Experience
Minimum of 3 years of entrepreneurial or business management experience.
Industry Expertise
At least 5 years of experience relevant to the proposed business.
Language Proficiency
Minimum Canadian Language Benchmark (CLB) level 6 in English or equivalent in French.
Net Worth
Verified net worth of at least CAD $500,000, with at least CAD $300,000 in liquid assets.
Investment Commitment
Invest a minimum of CAD $300,000 in the proposed business and own at least one-third of it.
Nominee Assessment Grid
Score at least 65 points, with a minimum of 10 points allocated for language ability.
How the Yukon Business Nominee Program Works
Application Submission
Submit a complete application to the YBNP.
Interview
Attend an interview in Yukon. Successful applicants receive a Letter of Support for a two-year federal temporary work permit.
Work Permit Application
Apply for a work permit at the visa office responsible for your country of residence.
Business Development
Upon arrival in Yukon, you have up to two years to develop the business as outlined in your business plan.
Nomination Certificate
If substantial progress is made in developing the business, a nominee certificate may be issued before the completion of two years.
Permanent Residence Application
Apply to the Government of Canada for permanent resident visas, including medical and security examinations.
Required Documents
Prepare the following documents for your application:
Required Documentation
Applicants need to prepare and submit the following documents:
- Completed YBNP Application Form
- Valid Passport
- Proof of Net Worth and Liquid Assets
- Detailed Business Plan
- Language Test Results (e.g., IELTS, TEF)
More Documentation
Applicants need to prepare and submit the following documents:
- Educational Credentials
- Evidence of Business and Industry Experience
- Settlement Plan
- Police Clearance Certificates
- Medical Examination Results
Fees & Processing Times Program Status
Below are the details for fees, processing timelines, and program status.
YBNP Application Fee
No fee.
Processing Time
The processing time from nomination to receiving an Invitation to Apply (ITA) for permanent residence is approximately 12 to 14 weeks.
Program Status
As of May 16, 2024, intake of applications to the Yukon Nominee Program for Whitehorse-based employers is paused. The intake was scheduled to reopen on January 29, 2025, but has been delayed.
Pathways
Work Permit and Permanent Residency
Temporary Work Permit
After receiving a Letter of Support from the YBNP, applicants can apply for a two-year temporary work permit, allowing them to establish and operate their business in Yukon.
Pathway to Permanent Residency
If substantial progress is made in developing the business, a nominee certificate may be issued. You may then apply for permanent resident visas to the Government of Canada, including medical and security checks.
Why Choose Yukon?
Yukon offers a unique blend of opportunities for
Ownership Requirement
Own at least 33.3% of the business.
Investment Required
Minimum CAD $300,000 in a Yukon business.
Assessment Points
Minimum 65 points on YBNP grid.
Work Permit
2-year LMIA-exempt work permit based on YBNP support letter.
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