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Provincial Nomination Program > Yukon
The
Yukon is looking for business people who will develop the Yukon's
business potential and help expand and diversify their economy. The
Yukon will be of particular interest to those persons who would like to
live in a frontier area and be a part of the future development of the
territory. The Yukon is a majestic and mysterious land
with a wealth of investment opportunities. It is one of Canada's best
kept secrets. More than 80 per cent of the Yukon is wilderness. The
territory is one of the last great frontiers left in the world with an
abundance of natural resources and untapped business potential. With just over 30,000 people, Yukoners are
a special kind of people who share a remarkable spirit and a unique
connection with the land. Over 20 per cent of Yukon residents are of
aboriginal origin and First Nations' culture plays an important part of
the political, social, business and government environment. But enjoying the Yukon's comparative lack of
crowds doesn't necessarily mean roughing it. The Yukon has a
sophisticated side with a vibrant arts and cultural community. The
Yukon boosts an international airport, a college, world-class
recreational and art centers, major shopping centers along with a
variety of independent retail outlets, modern hospitals, a diverse
school system, government and private museums and a rich array of
festivals and events. There is something for the whole family. The Yukon Business Immigrant Nominee
Program operates under an agreement with the federal government that
allows the Yukon to nominate people who will make a significant
economic contribution to the territory for immigration to Canada. Eligibility
The
Yukon is seeking people with a business background and experience that
would enhance the production and marketing of goods, services, exports,
technology or research in the priority sectors. Eligibility is restricted to persons that have:
- sufficient proven experience in operating a business to implement the proposed business plan.
- a minimum net worth of $250,000 CDN.
- visited the Yukon at least once within the last three years.
- reasonable communication skills in one of Canada's official languages.
Priority Investment Sectors
While business investment is welcome in most sectors the priority areas to be targeted include:
- Information Technology
- Manufacturing
- Value Added Processing
- Forestry
- Tourism Products, Attractions, Services and Facilities
- Energy
- Mining/Mineral Development
- Agriculture
- Cultural Industries including film and video production
The minimum equity investment required is $150,000 CDN
The
applicant must be involved in the active management of the business.
Passive investments where the person is not involved in the management
of the business will not be permitted. Investment in a business that was involved
in a purchase or investment by a previous business immigrant within the
last five years is not acceptable unless at least 50% of the investment
amount is used to expand the business. Retail, as a stand-alone operation, is not a priority sector and includes such activities as merchandising and food services.
The investment must create new employment opportunities or maintain and enhance existing employment for Yukoners.
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