Australia offers a diverse economy. The business environment in Australia is stable and low risk, supported by best financial and legal systems. The business opportunities in Australia are abundant. This is the best time to make your move and grab the Australian Business Immigration. ARE YOU ELIGIBLE? You will find out once you complete this article.
The various Australian business immigration categories have their own entry requirements for Australia. Generally, a four-year temporary business visa is granted leading to lodge a permanent residency application. The visa holder is bound to produce evidence of his satisfactory business activities and investments for the temporary duration. However, the high calibre businessmen can apply for a direct permanent visa sponsored by a state/territory government. Such visas are called Business Talent Visa.
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There are 3 visa streams:
Business Innovation Stream: the stream invites candidates for Australian Business Immigration visa who own business skills and are willing to establish, develop and manage a new or existing business in Australia.
Investor Stream: the candidates eligible to make an investment up to a minimum of 1.5 million AUD can apply for Australian Business Immigration visa under this stream. The investment should be made within an Australian state/territory. The candidate is required to maintain the investment and business activity in Australia.
Significant Investor Stream: anyone interested in making an investment up to a minimum of 5 million AUD to the complying investments in Australia can apply for Australian Business Immigration visa under this stream. The candidate must also be willing to maintain the investment in Australia.
This Australian Business Immigration visa stream requires the following.
The Business Innovation stream checks the nature of your main business. If it involves technical, trade or professional services, then the candidate must not spend more than half of their time in the business.
The visa requires you to possess net assets of AUD 800,000 either on your name, your partner name or possessed by you and your partner combined. The assets are to be transferred to Australia legally within the 2 years duration of visa grant.
You and your partner must be free from any illegal or unacceptable investment within Australia.
This Australian Business Immigration visa stream has the following criteria.
You, your partner individually or combined:
Whatever you will earn through investment in Australia, it is subjected to taxation under Australian taxation law.
This Australian Business Immigration visa stream considers you eligible if you fulfil the following criteria.
Anyone who is eligible to have a complying investment up to a minimum of AUD 5 million, also ready to hold it for 4 continuous years, in any proportion under following categories, is eligible:
The significant investor stream for Australian Business Immigration requires you to have a commitment for the following:
The visa also requires a net asset of AUD 5 million on the part of the applicant, their partner or both combined. The net assets must be eligible to be transferred to Australia legally. The net assets must also be available to be invested in your complying business activity.
You and your partner must not be a part of any unacceptable activity.
In case a complying investment in commonwealth faces a loss, you, your partner or any other 18+ family members must not take any action against it.
At Immigration Experts, we provide Australian Business Immigration services along with various immigration options. If you are interested in starting a business in Australia, we recommend you to contact our professionals and fix a meeting to get the best possible outcome. Our professionals will guide you on every matter in a very brief manner, which provides you a better idea about your future.
On the other hand, if you can’t afford to invest a huge money in a foreign country, you can take the Skilled Australian Immigration route that requires no investment at all. Send your CV at WeCare@immigrationexperts.pk for your free assessment.