Business Immigration Visa Australia
Business immigration visa Australia!
Australia is one of the preferred immigration destinations across the world. Its quality lifestyle, beautiful landscape, and cultural influences have made the country a perfect place to live in.
For individuals who wish to invest overseas to start a new business or get ownership interest in an already existing business, Australia is a perfect destination. Investment visa Australia or Business immigration visa Australia provides the perfect gateway to permanent residency for the primary applicants, spouse, children, and their family members. Further, a business visa Australia allows the applicants to apply for Australian citizenship.
The Australian business visa is granted for several business-related activities including attending a conference, business meetings, and several other purposes. The applicants who have to visit Australia for a short duration for business-related tasks can apply for a business visa.
Three types of Australian business visas
Business innovation and investment stream-188
The business innovation and investment stream is for individuals who want to make a designated investment of at least AUD 1.5 million in an Australian state or territory. Also, the visa grants to those willing to invest AUD 5million into complying investments in Australia in order to maintain business activity in the country.
Business innovation and investment visa-888
This is the second stage of the Business Innovation and Investment visa subclass-188. To apply, the applicant must stand eligible as nominated by the state or territory and meet all the requirements under a special category.
Business talent visa-132
This is a permanent residence visa for people who get nominated by an Australian State or territory government agency. The visa allows the applicants to start a new business in the country with personal assets of AUD 1.5 million and an annual turnover of at least AUD 3 million.
Eligibility
- Be under the age of 55.
- You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa.
- IELTS 5 bands OR Payment of AUD 9600
- For 2 out of 4 fiscal years immediately before you receive an invitation to apply, you must have had an ownership stake in 1 or 2 businesses that had at least AUD 800,000 turnover in each of those 2 years.
Business immigration visa Australia Cost!
- For the primary applicant, the visa costs AUD 5,375
- For an additional applicant under 18 years old, the visa costs AUD 1,345
- For additional applicants above 18 years old, the visa costs AUD 2,685
Business immigration visa Australia Eligibility!
- Business visa applicants must have an employment background at a senior executive level in a company or have prior successful business ownership.
- Business proposals approval from the government immigration authorities and the local area to set up the business
- The applicant must be under 55 years of age.
- IELTS bands or AUD 9600
- The applicants must have an ownership stake in 1 or 2 businesses that had at least AUD 800,000 turnover in 2 financial years.
- 65 points for age, English language ability, Qualifications, business experience, net assets, business turnover, and innovation.
- Both the applicants and spouses should not have any inappropriate business history.
The eligibility criteria for getting the visa is decided by the state or territory government agency and the application of the visa depends on the ministry for immigration and border protection.
Benefits of the Business Innovation Visa 188 A
- The right to establish a new or develop an existing business, or to invest in Australia
- Unlimited travel in and out of Australia
- Bring family members with you to Australia
- Opportunity to apply for Australian citizenship
Business immigration visa Australia Process
- Submit an expression of interest for nomination by a state or territory
- Submit your documents about business and assets
- Apply for the visa
- After you apply, you will receive acknowledgment of the application
- Visa grant advice
Australia Business visa extension
To extend their stay in Australia, the applicants can apply for an Australia business innovation and investment visa Australia in (subclass 188) business innovation extension stream.
