If your dream is to migrate to a commercial company in Australia and start it, you should know what visa you should apply to and how to start a business once you are there.
Here’s the good news – we’ll share all this information with you. All you have to do is continue reading to find out:
The right visa to start a business in Australia.
How to apply for a visa to start a business.
The steps involved in starting a business in Australia.
Checklist to start your work.
The right visa to start a business in Australia
Immigration Australia has created a business and investment innovation category for immigrants who wish to establish a company in Australia. The main objective of this category is to develop Australia’s economy.
For this purpose, there are three visas for innovation and commercial investment:
Visa Innovation in Business and Investment (Temporary) (Sub-category 188)
Visa Innovation in Business and Investment (Durable) (Sub-category 188)
Business Talent Visa (Permanent) (Subclass 132)
Before going into these visas, let’s discuss how to assess your eligibility for an innovation visa in business and investment.
Find out if you qualify for an innovation visa at work and investment
Our recommendation is always to start the migration journey by conducting an immigration assessment.
Ideally, the assessment should be done by a licensed immigration agent.Our agent is licensed and can make a free initial assessment with you. It is also not compulsory.Now let’s take a look at all business innovation and investment visas individually.
Visa Innovation in Business and Investment (Temporary) (Sub-category 188)
This visa is the first step toward qualifying for a permanent residence visa on innovation in business and investment (sub-category 888). Allows you to:
Establish and manage business in Australia;
Owns and operates existing Australian businesses;
Invest in an Australian state or territory.
You can submit applications under one of three flows, each with its own qualification criteria:
Business Innovations Group: You want to create, develop and manage new or existing businesses in Australia.
Investor Square: You want to make a minimum investment of A $ 1.5 million in an Australian state or territory, and maintain a business and investment activity in Australia.
Large Investor Flow: You are willing to invest at least A $ 5 million in investment compliance in Australia and maintain business and investment activity in Australia.
Visa Innovation in Business and Investment (Sub-category 188)
This is the permanent residence of the Business and Investment Innovation category. This visa allows you to continue:
To own and manage business in Australia;
Business and investment activity in Australia;
Pioneering activity in Australia.
To be eligible for this visa, you must, of course, obtain a 188 subclass visa, nominate a state or territory and meet the following criteria under the relevant agenda:
1. Stream business innovation
You own and operate a business in Australia;
Meet some threshold requirements of work.
2. Investor Stream:
You have a certain investment in an Australian state or territory;
You want to continue your business and / or investment in Australia after the maturity of the original investment.
3. Large Investor Stream:
I have invested at least A $ 5 million in investment compliance in Australia;
You want to continue your business and / or investment in Australia after the maturity of the original investment.
If you search : Apply Australian visa online
Business Talent Visa (Permanent) (Subclass 132)
The subclass 132 visa is for potential migrants who wish to establish or invest in Australia and who have a state nomination to do so. Successful applicants will receive permanent residence in Australia.
The Business Talent visa has two different paths:
Stream business history is important: for highly qualified business owners.
Venture Capital Entrepreneur: For those who obtained venture capital from the Australian Venture Capital Association Limited (AVCAL).
Apply for an innovation visa in business and investment
There are generally three steps in the process of applying for innovation and investment:
You can provide expression of interest through Skill Select. Provided, of course, you qualify for a visa.
Wait for a state or territory government to extend an invitation to apply.
If you receive an invitation to apply, proceed with the visa application.
If you choose to allow us to assist you in applying for a visa, our staff will guide you through this entire process.
For More Information :Business Visa Australia