Yukon Nominated for YNP Entrepreneur Category

Applicants wishing to apply under the Yukon Territory Nominee Program’s Entrepreneur Immigration Category must include a business plan with their application.

Among them, in the first stage of preliminary screening, YNP Business Concept is very important. If you fail the first stage of screening, you will not receive an invitation to apply (Invitation to Apply).

Applicants invited to participate in the second stage of the application process must submit a detailed business plan. The proposal should be based on the business concept provided in the first application stage. In the proposal, the applicant can defend and support the claims made in the first stage of the application and can further make a strong case for the potential of its business concept.

The business concept plan and the detailed business plan are two-in-one, unified whole. One is the outline and the other is the detailed content. They need to be planned as a whole. It is best to entrust the same professional to create the two stages to avoid writing style and financial budget. , errors and mismatches occur in key judgments, thus affecting the overall situation.

To increase your odds of success, a YNP business plan must follow a specific format and be written in a convincing, believable manner. Every year, YNP receives a large number of business plans. Due to low-quality business plans, even excellent business concepts will be rejected and fall short.

All in all, as an applicant for the Yukon Nominee Program you must present at least two top-notch business plan documents. Don’t leave anything to chance regarding the quality of your documents throughout the process. You can rely on our professional team of business plan writers. expertise to make your application stand out.

Contact us to learn more about how we can help you maximize your chances of a successful application.

The following content is an excerpt from the current official guidelines and is for reference only. Our company cannot guarantee that there will be no time difference with the official website of the Immigration Bureau.

Find eligibility requirements to apply to run your business in Yukon (foreign entrepreneurs)

Foreign business owners and entrepreneurs can apply to run their business in Yukon via the Business Nominee Program. Make sure you meet the following personal and business eligibility requirements before applying.

Personal eligibility

You must:

  • Achieve a score of at least 65 points on the assessment grid.
  • Have at least a high school education. If your business requires more education, you must also provide proof of these credentials.
  • Have at least 3 years of entrepreneurial or business management experience;
  • Have at least 5 years work experience that is relevant to your business;
  • Not be a refugee or have an active request for refugee status with the Government of Canada;
  • Have never been denied immigration by the Government of Canada;
  • Have no active applications for any other provincial or territorial nominee program;
  • Have a net worth of at least $500,000 CAD. You must also have documentation and verification by a Yukon accounting firm that you obtained it through legal means;
  • Have a minimum of $300,000 in liquid assets. This includes things like cash, bonds and cash derivatives. You must also have documentation and verification by a Yukon accounting firm that you obtained it through legal means;
  • Intend to live permanently in Yukon;
  • Agree to live in Yukon with dependents, if applicable, while managing and investing in your own business in Yukon.
  • Hold a position within your business of National Occupational Classification (NOC) 0 or A.
  • Have not yet purchased or started your business in Yukon at the time of your application to the program.
  • Show how you will 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 your 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.

Business eligibility

Your proposed business must:

  • be a new business or a purchase of an existing Yukon business
  • be managed by you
  • not be a passive investment
  • belong to any 1 of the following strategic sectors:
    • Information technology
    • Manufacturing
    • Value-added processing
    • Forestry
    • Tourism products, attractions, services and facilities
    • 能源
    • Mining or mineral development
    • Agriculture
    • Cultural industries
    • Film and video production

Your proposed business must not belong to 1 of the following ineligible sectors and activities:

  • Passive investments
  • Retail, wholesale operations, distribution operations
  • Restaurants
  • Financial services
  • Business, consultation and personal services
  • Most professional services
  • Real estate
  • Holding companies
  • Gas stations

Learn more about eligibility in the Yukon Business Nominee Program policy.

error: Sorry, right click doesn't work :(
en_CA