2. Demographics
The population of Yukon in 2020 reached 42,827 people with a population density of 0.07 persons per km2. The majority of people speak English, but other languages such as French, German, and indigenous language groups also have some popularity and are recognized by the Yukon Language Act.
The 2011 National Household Survey shows Yukon’s cultural and ethnic diversity. The majority of the population is of European descent, however, in recent years, the number of Asian immigrants has increased significantly. This shows that Yukon is an attractive destination for Canadian immigrants.
3. Economic potential
Yukon’s dominant industry is mining and tourism, taking advantage of the scenic and resource-rich wonders of the land. Yukon’s tourism is mainly based on its natural environment and outdoor activities such as cycling, fishing, skiing, and boat racing. Visitors and locals also have the opportunity to see unique and rare natural phenomena such as the White Night phenomenon or the Aurora Borealis.
In addition to its majestic natural surroundings, the Yukon is also home to 12 National Historic Landmarks of Canada, as well as a variety of national parks, territorial parks and reserves. When visiting this beautiful land, visitors will also have the opportunity to experience colorful indigenous culture during cultural festivals such as Adäka Cultural Festival, Dawson City Music Festival, Yukon Quest Sled Dog Race, and more.
4. Education
The curriculum in Yukon is similar to that of the province of British Columbia. However, the Yukon government has integrated the language, history, and culture of indigenous peoples to diversify the province’s multicultural and multi-ethnic landscape.
Yukon University is the main post-secondary institution in Yukon. On-campus services include career and employment training programs, part-time continuing education courses, academic and career-oriented courses, as well as career information and counseling to provide maximum support to Yukon residents in their career orientation.
5. Benefits of settling in Yukon
With its low population density, Yukon is in dire need of more manpower and investment to enrich the province’s economy. Therefore, the Yukon Provincial Government has launched many settlement programs in Yukon, as well as open settlement policies to attract both domestic and international workers.
On May 1, 2015, Yukon passed and amended the Business Corporations Act to attract more benefits and personnel to the provincial economy. Yukon companies now have much more flexibility in pursuing business opportunities or selling corporate assets without requiring a majority vote. In addition, there is more flexibility in the location of company records offices, including the ability to maintain a records office outside of the Yukon as long as it is accessible by electronic means.
Moreover, when participating in Yukon’s Immigrant Investor program, applicants will receive many benefits from the province such as:
- While waiting for the application to be processed and granted Permanent Residence, candidates will be granted a temporary work permit so that they can start working immediately.
- The applicant’s spouse will also be granted an Open Work Permit
- Children who go will also enjoy a completely free Canadian general education.
- And other benefits from healthcare, social security,…
The province of Yukon is a promised land for investors as well as international workers wishing to settle in Canada. More specifically, the Canadian immigrant investor program in Yukon does not require IELTS like some other provinces and states, which is definitely an advantage for Vietnamese investors to consider choosing in 2021.
Any immigration program can change policies, consultation with an immigration professional and choosing the right program for the individual will be a very important step at this time. Please contact the World Immigration Portal immediately for advice on the most reasonable way to settle in Yukon province.
