Candidates aspiring to start a new business abroad can opt for Australia citing its stable and less vulnerable economy providing better and enhanced business opportunities for new set-ups. Business immigration to Australia is relatively easy under Provisional Business Owner Visas class as compared to rest visa programs. Candidate can submit application under two subcategories that are Provisional Business Owner and State Sponsored Provisional Scheme.
Applicants of Business Owner (provisional) have to satisfy the eligibility criteria in order to immigrate to Australia for starting a new business. Applicants of this visa category must have a successful business background and aged less than 45 years at the time of application submission.
Rest to that, candidate has to satisfy net asset eligibility criteria. The candidate or spouse together must possess 2, 00000 Australian Dollars of net assets in a qualifying business for least of two years in recent four years at the time of application submission. The business along with personal assets must be of 8, 00000 Australian Dollars net worth and available for transfer within two years of your Business Owner (provisional) visa approval. Visa applicant must provide supporting documents exhibiting his active involvement and ownership in the existing business.
Apart from above conditions, the candidate or his spouse should not have any involvement in an investment or business activity which is not acceptable in Australia. Candidate must not be involved in a business which requires his active involvement for more than fifty percent of his time. Applicants must have satisfactory reasons to earn a temporary visit to Australia to conduct market research in order to establish the intended business. Lastly, visa applicants must provide a genuine commitment exhibiting their interest to set up and active participation in a qualifying business in Australia supporting and bolstering social and economic conditions.
Abhinav immigration is the oldest visa consultancy company, operating in the immigration business since 1994. We are the most referred visa company for our specialized business and investment migration programs for all popular destinations. Visa applicants of Provisional Business Owner and State Sponsored Provisional Schemes can ask for our free resume assessment program. Mail your latest resume to ajay@abhinav.com.
