Yukon

Yukon Program

(Pro-Active Involvement Option)


Program - 1

Applicant will have to start your business in that territory

Eligibility Requirements:

  • Achieve at minimum a Level 6 in the International English Language Testing System (IELTS);
  • Have at least three years of entrepreneurial or business management experience;
  • Provide proof that the claimed net worth and liquid assets has been obtained through legal means;
  • Submit a Resettlement Plan demonstrating their intent to establish Yukon residency;
  • Intend to settle permanently in Yukon and actively operate a business in the territory; and
  • Have at least five years of relevant experience related to the proposed business venture;
  • Have a minimum net worth of CAD$500 000, veried by a Yukon accounting firm;
  • Have at least CAD$300 000 in liquid assets (cash, bonds, cash derivatives etc.), veried by a Yukon accounting firm;
  • Processing time frame: Approximately 12 months to get the Working Permit to start working in Canada (Permanent Residency follows within 18 to 24 months).


Basic Information on Yukon

Yukon; also commonly called the Yukon) is the smallest and westernmost of Canada’s three federal territories (the other two are the Northwest Territories and Nunavut). It has the smallest population of any province or territory in Canada, with 35,874 people.Whitehorse is the territorial capital and Yukon’s only city.

Yukon was split from the Northwest Territories in 1898 and was originally named the Yukon Territory. The federal government’s Yukon Act, which received royal assent on March 27, 2002, established Yukon as the territory’s official name, though Yukon Territory is also still popular in usage and Canada Post continues to use the territory’s internationally approved postal abbreviation of YT.Though officially bilingual (English and French), the Yukon Government also recognizes First Nations languages.

At 5,959 m (19,551 ft), Yukon’s Mount Logan, in Kluane National Park and Reserve, is the highest mountain in Canada and the second-highest on the North American continent (after Denali in the U.S. state of Alaska). Most of Yukon has a subarctic climate, characterized by long cold winters and brief warm summers. The Arctic Ocean coast has a tundra climate.


Climate

Climate: Unlike most of Canada where the most extreme heat waves occur in July, August, and even September, The Yukon’s extreme heat tends to occur in June and even May. The Yukon has recorded 36 °C (97 °F) three times. The first time was in June 1969 when Mayo recorded a temperature of 36.1 °C (97 °F). 14 years later this record was almost beaten when Forty Mile recorded 36 °C (97 °F) in May 1983. The old record was finally broken 21 years later in June 2004 when the Mayo Road weather station, located just northwest of Whitehorse, recorded a temperature of 36.5 °C (97.7 °F).