Akaar Immigration Solutions

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