Investor Visa Australia
The cherished and the much sought after Investor Visa lets you reside in Australia if you and your spouse will partner together and make a designated investment for the time span of four years in the country. If you have already been granted the visa, other members of the family can also apply for it.
This Permanent Resident Visa (PRV) allows you and other members of the family unit to get it. This visa lets you study and work in the country. If you have been granted with this visa, it will let you stay in the country for an indefinite period of time.
You can also get an enrollment in Medicare which is a scheme for care and expenses related to health in the nation. It is also possible to apply for the country’s citizenship, in case you are eligible.
You can also sponsor relatives who have the eligibility for permanent residentship. It is possible to travel from and to Oz for the next five years from the very date you have been granted the visa. After the time period, you will be requiring another visa or Resident Return Visa (RRV) for returning to the nation.
Before applying, it is essential to notify the business development firm in the territory or state where you or any member of your family will continue the investment activity. You need to complete a notification form, and send the same to the appropriate territory authority or state.
You also require a valid passport and other documents for this visa. If you are planning to procure a new passport, you should do the same before applying for your visa. If you procure a newer passport, after lodging application, you can share the details of a new passport with one of the offices.
Investor Visa Australia—Who Are Eligible?
You have the eligibility to procure the visa if you stay in the country for a time period of two years during the last of four years before applying for the visa while holding the Provisional Investor Visa (PIV). You, along with all the family members, will be successful in meeting character as well as health requirements. You will be able to meet the requirements of the business.
Your family member also has the eligibility for holding the visa if you are a primary holder of the PIV.
For meeting the requirements of the business for the Investor Visa or the relevant family members, the following are the eligibility criteria:
- There was no involvement of you and your partner in unacceptable investment or business activities.
- You have a realistic commitment for continuing with the investment or business activity in the country.
- You and your partner have an investment of 1 500 000 Australian Dollars in the nation.
It is required to meet specific health requirements. The results will have a validity of 12 months. There is no requirement whatsoever to arrange for a health examination until it is required to do so. This is applicable to the different members of your family that are included in the application.
You can also watch this video which explains you everything about the Australia.