Business Immigration to Australia
Australia is one of the largest sovereign nations across the sglobe. It has many territories and six cities with Melbourne and Sydney being the top ones. Oz has gained higwh recognition as one of the well developed nations, and is the 12th largest economy across the globe and also the fifth highest in per capita income.
The country attracts a vast number of visitors every year who go on a vacation in the hotspot, for experiencing the rich aboriginal heritage and culture of the nation, witnessing the indegenious as well as rare species of animals–such as koalas, kangaroos, dingoes–and traversing the beautiful scenery and unique topography.
Business Immigration to Australia
Apart from the tourists, the country attracts several foreign investors every year who move to it for seeking advantage of the rewarding investment oppurtunities available there in.
The nation’s thriving economy is based on education, tourism and financial services industries. For the encouragement of more foreign investment, Down Under offers several investment based visas to the foreign nationals for shifting to it and making useful contributions for the development of its economy and also making commercial investments and expanding enterprises.
Business Immigration Visa Streams
There are primarily three visa streams:
Business Innovation Stream
Under it, invitations are sent to the candidates for the Business Immigration Visa. Those who have their own business skills and are willing to develop, establish or manage an existing or bew business in the country get such invites.
Significant Investor Stream
A person who is willing to make an investment of at least 5 million Australian Dollars may apply for the Business Immigration visa. The candidate should have an interest for maintaining investment in the nation.
Investor Stream
It is for those capable of making an investmnet of 1.5 million AAustralian Dollars can apply for the Business Immigration visa. The investment should be made within the country. The candidate should be maintaining the business activity as well as investment in the nation.
Business Australian Immigration Streams—Eligibility Conditions
The applicant should be less than 55 years of age. The territory or state should be approving, but an exception if the proposal is going to be highly beneficial for the economy of the country.
You should be scoring at least 65 points on the Business Australian Immigration Points Test.
The applicant should have interest in an well established business for two years at least before the application of the visa. The turnover rate is needed to be a minimum of 500,000 Australian Dollars for those years.
The nature of the main business is checked by the Business innovation stream. If it involves trade, technical or professional services, the candidate should not be spending more than half of the time in the business.
The visa needs possessing net assets of 800,000 Australian Dollars on your name, the name of your partner or possession of the combination of you as well as your partner. The assets need to be transferred to the country in a legal way within a duration of two years after the granting of visa.
