- The candidate should achieve at least 65 points on the assessment grid.
- The applicant must have proficiency in English or French.
- The minimum qualification needed is high-school education.
However, if the intended business needs higher education, then:
- The candidate should have at least 3-years of entrepreneurial experience.
- The candidate should have at least 5 years of experience relevant to the intended establishment of the business.
- The Canadian Immigration Dept. should never deny the applicant.
- The applicant should not have applied under any other Canadian immigration programs.
- The applicant should not have refugee status or active status for refugee status.
- The applicant must have an intention to live in Yukon.
- The applicant must be financially capable of living with the dependents if need be in Yukon while investing or managing the business.
- At the time of making the application, under the Business nominee program, the applicant should not have started or managed the business.
- The intended business should be within the classification of O or A under the National Occupational Classification (NOC).
- The applicant must show that he will invest at least $300,000 in business for the first two years. This investment, however, does not include any capital investment made before the acceptance by the Yukon Business Nominee Program.
- The capital investments include property or equipment purchase. It does not include the purchase of house, vehicles which are utilized partially by the business.
The intended business must fall in any of the below mentioned strategic industries:
- Information technology
- Value-added processing
- Tourism products, attractions, services and facilities
- Mining or mineral development
- Cultural industries
- Film and video production
The business must be actively managed by the applicant. It can be a new business establishment or an acquisition/purchase of the existing business in Yukon territory.
The intended business(proposed) should not be:
- A Holding Company
- Passive investments
- Retail, operations
- Wholesale operations
- Distribution operations
- Financial services
- Business, consultation, and personal services
- Most professional services
- Real estate
- Gas stations