Business Opportunities in Yukon

The ‘Land of Milk and Honey’, Canada, is renowned the world over for its strong economy, high standard of living, superlative healthcare and educational facilities, and pro-business and favorable investment environment. If you are investor and you want to take these benefits then you have to explore the Business Opportunities in Yukon, that might be a best option for you.

While the Maple Leaf Country–through the Immigration, Refuges, and Citizenship Canada (IRCC)–runs numerous easy-to-follow visa and immigration programmes, to suit the needs of the applicants of different types; its various provinces and territories also run their own specific visa schemes perfectly tailor-made for the candidates of the different kinds.

Yukon Business Immigration

Yukon is a Canadian territory and situated in the northwest part of the country. It is a home to 30,000 people with most of its population residing in the capital city, Whitehorse. Basically the economy of the Yukon is governed by mining and tourism. The destination is perfect for all those aspirants who love outdoors and big strong communities.

For the applicants, who wish to move to this part of the Maple Leaf Country, for the purpose of business, and make the most of the obtainable business opportunities in Yukon, Canada, there is a programme called the Business Nominee Program.

It is especially created for those individuals who want to give a kick-start to their career, either by establishing a business or firm or by continuing any existing company or business.

Availing Business Opportunities in Yukon – Requirements

There are some conditions of the scheme, and to easily qualify for migration process, the aspirants need to meet these eligibility conditions.

Some of its requirements are-

1. The aspirant should possess satisfactory entrepreneurial skills.
2. His business should be of the nature that it can create some vacancies for the local residents as the local government is keen to use the opportunity to offer jobs to its people.
3. The work or business should be capable of making a valuable addition to the regional economy and help it grow further.
4. The applicant should be an experienced person possessing enough managerial experience so that he can run and administer the proposed firm/venture or the existing one.
5. Possessing talent is not just enough, he should remain active in the business, by paying regular visits to the site or company. The Yukon Government has no interests whatsoever in passing investment from the applicants.

The Immigration, Refugees, and citizenship Canada (IRCC) grants 2 years Work Permit to the selected applicants based upon the above mentioned requirements. Upon successful meeting of requirements, a candidate becomes the nominee and hence is allowed to start up his venture or firm in the Yukon. The Work Permit that is issued for 2 years is sort of an incubation period where upon the applicant is watched for his performance, his addition made to the economy, and how active he is in living up to the expectations of the work and the economy.

If during these two years, he successfully meets the expectation and is found to be a genuine person, then he is helped by the IRCC in applying for the prized Permanent Residency (PR).

To continue with his work and getting PR successfully he needs to meet some terms & conditions.

1. The applicant has to face an assessment test. His score in the grid should not be less than 65 points and these points should include 10 points for language proficiency.
2. Though Canada is a multicultural country, English and French are the two main languages that are widely spoken. To successfully claim business opportunities in Yukon, Canada, an applicant should be well versed in these two languages. He should reach at level 6 in ILETS and the level 4 in Test d’ Evaluation (TEF).
3. His managerial skill should not be less than 3 years.
4. The experience in the field of business that an applicant is starting or continuing in the Yukon should not be less than 5 years.
5. He should have valid proof of his capital funds that he has earned the money by a legal work in his country.
6. He needs to prove that he will settle in Yukon permanently and will actively participate in the territory business.