This extensively used plan was brought into existence for those people who have established business experience,and who wish to launch a new firm/venture, partner with an existing firm/venture, or obtain and manage an existing firm/venture in Yukon. It is expected from the candidates that they will make a handy and noteworthy investment in their firm/venture based in the Canadian territory.
A candidate interested in making the cut for the Yukon Business Nominee Programme must:
It is presented in the wake of the candidate getting endorsement theoretically on suitability and on his planned venture/firm. The same must comprise a comprehensive business plan that sketches how the aspirant will create a successful business enterprise in one of the businesses mentioned on the Strategic Sector List. As mentioned before, it is required that the aspirant shows a minimum 300,000 Canadian Dollars investment in the venture/firm with not less than 33.33% or one-third possession. Apart from this, the candidate must prove active and continuing supervision of the venture/firm.
Post landing in the territory, it is mandatory that the nominee has a compulsory meeting with an YBNP agent. In case delays take place it is compulsory that the nominee notifies the YBNP bureau at once. Furthermore, it is mandatory that the nominee’s residency and start-up procedure start straight away. Each and every legal certificate/paper backing such movement ought to be given to the YBNP, and documentation exhibiting evidence showing proof of business actions is needed across the year. Every nominees must meet with YBNP worker or be called on-site (firm/venture or house) on a three-monthly basis.
It is mandatory that the nominees complete the needed requirements through the two year work time-frame with a view to be supported by YBNP in their petition made to the IRCC for Permanent Residency. After the nominee gets the letter of the concluding approval, it is obligatory that he submits an application to the IRCC for PR inside a period of three months. It is the responsibility of the nominees to guarantee they have a legal Work Permit until they get the PR position standing from the IRCC.
A person must furnish evidence of these with a view to be mulled over for nomination to the IRCC: