YBNP : Yukon Entrepreneur Immigration Program
What is the Yukon Business Nominee Program?
The Yukon Business Nominee Program (YBNP) is an immigration program that allows qualified entrepreneurs and business owners to establish or acquire a business in Yukon, Canada. It is designed to attract individuals who can contribute to the economic growth and development of the territory.
- The YBNP offers two streams for business immigration:
1. Yukon Entrepreneur Stream:
- This stream is for individuals who want to start a new business or purchase an existing business in Yukon.
- The minimum requirements include having a minimum net worth, relevant business experience, and a viable business plan.
- Successful applicants will receive a two-year work permit to operate their business in Yukon. Upon fulfilling the terms and conditions of their Business Performance Agreement, they can apply for permanent residency in Canada.
2. Yukon Strategic Projects Stream:
- This stream is for experienced entrepreneurs who have a proposal for a business project that aligns with the economic priorities of Yukon.
- Applicants must have a significant financial investment and be able to demonstrate how their project will benefit the territory.
- Approved applicants will receive a letter of support from the Yukon government, which can be used to apply for a work permit through the federal government’s Temporary Foreign Worker Program.
YBNP Eligibility Requirements
YBNP Eligibility Requirements
The step-by-step application process for the Yukon Business Nominee Program (YBNP) may vary slightly depending on the specific stream you are applying to. However, here is a general overview of the application process: