What about business migration to Australia?
Australia is one of the most demanding immigration destinations in the world. Its beautiful landscape, its solid economic base and its rich cultural influences have made it a perfect place to live. Every year, a large number of people from different corners of the world apply for immigration to Australia. This nation offers enormous growth opportunities for its people and, therefore, it is also known as the Land of infinite opportunities.
People with experience in business administration, who want to invest abroad to start a new business or buy a stake in an existing business, for them Australia is a perfect destination. Australia’s business immigration program is an excellent gateway to permanent residence for both applicants and their families.
However, to obtain the status of permanent residence in Australia, one has to enter the nation with a Provisional Visa, which is for the period of 4 years. Once this period ends, one can apply for PR Australia through their Residence Visa programs.
Sponsorship of the territory / state
Australia encourages investment in businesses in regional and underdeveloped areas. The nation provides the sponsorship of the government of the Territory and the State to the businessmen that can contribute to the economic growth of these places. Sponsorship of the territory and state is available for each Class of Provisional and Resident Visa, which are:
Categories of temporary or provisional visas:
- Business owner visa
- Senior Executive Visa
- Investor Visa
- Visas for business visitors
Business Owner Visa
This particular visa allows entrepreneurs with property interests in business to live in this Kangaroo Land for a period of up to 4 years and invest or establish a business there. Business Owner Visa (Provisional) is a temporary visa. Once you have obtained a property interest in any business in Australia for the period of 4 years, you can apply for permanent resident status through the Business Owner (Residency) visa program.
Senior Executive Visa (Provisional)
Under the category of Senior Executive Visa (Provisional), senior executives who have management experience in large corporations abroad can receive a temporary 4-year visa. Once they have arrived in Australia, these immigrants must invest a significant amount of funds in an Australian company or establish a new company there. One can apply for PR Australia through the Business Owner (Residency) visa category, once the immigrant received a property interest in any business in the nation.
Investor Visa (Provisional)
This visa is granted to those who have a property or a significant investment portfolio in any business and who are ready to invest a minimum of A $ 750,000 in Australian bonds for a period of 4 years. Once the immigrant has maintained an investment for a period of 4 years in Australia or has established a company with property interests, he can apply for Australia PR through the Investor (Residence) or Company (Residence) visa.
Business visit visas
If you intend to come to Australia for a period of 3 months or less, for the purpose of attending business conferences or looking for business opportunities, you must apply for the business visitor visa. However, to qualify for a short-stay business visa, you must show that:
- For business purposes, you have to travel to Australia, and
- You have personal attributes and business background that are relevant and consistent with the nature of the proposed business in the country.
Residence visa categories:
- Business Talent Visa (Migrant)
- Business Owner (Residence) Visa
- Investor visa (residence)
- Existing Australian businesses
Business Talent Visa (Migrant)
The Business Talent (Migrant) visa is granted to those who have a successful career in business sponsored by the Territory or the Government of the State of Australia. Applicants in this category of visa are expected to have substantial ownership in any business and participate in business management once they have arrived in Australia. However, the applicant for this visa does not have to apply for a provisional visa to apply for a business talent visa (migrant). This particular visa is provided only to those who receive sponsorship from a government of the State or Territory of Australia.
Business Owner (Residence) Visa
This visa is granted to people with property interests for a minimum period of 2 years in an Australian company to permanently migrate to Australia. To be eligible for a Business Owner (Residence) Visa, the applicant must have one of these Provisional visas:
- Senior Executive Visa (Provisional)
- Investor Visa (Provisional)
- Business Visa (Provisional)
Investor visa (residence)
Immigrants who have an Investor (Provisional) visa who have invested for a period of 4 years in an Australian company can apply for the country’s PRs. Eligibility criteria for this category of visa include:
- The applicant must remain in Australia with one of the investor visas (provisional).
- The applicant must have an Investor (Provisional) visa for a minimum period of 2 years within the total period of 4 years before submitting the PR application.
- The applicant must be truly committed to direct business or investment activities in Australia.
- Both the applicant and their spouses should not have any inappropriate business history.
Existing Australian businesses
The existing Australian business visa is provided to those persons who have owned any business in the country for a minimum period of 18 months. They can be easily applied for PR Australia.
For More Information : Business Visa Australia