Introduction
Australian government has paved the way for business leaders to set up their business organizations. The policy is all about attracting investment from other countries to Australia and in this way; it will be really very easy to settle there with the help of a business VISA. Here are the migration tips to Australia with a business VISA.
Business Innovation Stream Subclass 188
In order to avail of this VISA, you must have to qualify for all these below things.
- Must be a successful business career.
- Special criteria should meet all the requirements by the Australian government. You need to reveal your business and investment interests with other business organizations in Australia. And, you need to disclose the details of the day-to-day management and overall direction of the business.
- If you are leading two businesses, then it is mandatory that one of your two businesses must have a turnover of AUD500, 000 for a minimum of 2 years.
- Considering the asset, you and your partner’s combined assets must be more than AUD800, 000 which are available for the conduct or establishment of the business in Australia. The business must lawfully acquire for transfer to Australia within 2 years of the grant of the VISA you own.
- While considering the age, it must be under 55 years. If you are above that, then you have to come with the nomination of the state or territory to which you belong.
- When you are nominated by a state or territory government in Australia before being invited to apply for the VISA.
Investor Stream Subclass 188
This VISA is all about for the people who just want to make a perfect investment of a minimum of AUD1.5 Million in any Australian state or affiliate territory. Here are the eligibility for this VISA.
- The least eligibility investment and qualifying investment requirements need to meet perfectly.
- For a minimum of 5 fiscal years just before the applications need to follow these criteria.
- You need to maintain direct involvement either managing or qualifying the business but you will have an interest and show how much you are keen for the future.
- You must have to maintain direct involvement in either the managing body or in the business which you are already in. The total value needs a minimum of AUD1, 500,000.
- The applicant must have a minimum of 3 years of experience of direct involvement in managing the body of the company. That company must qualify all the eligibility criteria of the Australian government. With the help of migration agent in Darwin, it will be easy to avail of the VISA.
- Eligible investments should define an ownership interest in the business along with loans advanced to the business, stocks, and cash deposits. It is also considered the assets of investment in stock and gold or silver bullion.
Significant Investor Stream
This VISA is for those people who want to invest a minimum of AUD5 million to comply with investors in Australia and don’t want to lead in business.
Eligibility criteria for this VISA:
- To avail of this VISA, you must have a nomination state and territory government just before inviting you to apply for this VISA.
- There is no age limitation.
- No point test requires.
- Important to show you have AUD 5 Million. This asset must be lawful and there shouldn’t be any liability regarding the wealth.
- Have to invest a minimum of AUD 5 Million in any company in Australia before applying for the VISA.
- The investment you are going to do needsyour direct involvement. You can get the company of your spouse. You both can become investors in a company jointly.
- The applicant has to disclose the source of your investment and this must be lawful. There shouldn’t be any black money involved.
Business Innovation and Investment VISA
This VISA is all about the people who just want to hold provisional business involvement. To avail of this VISA, they have to meet all the requirements of the Australian government.
Business Innovation VISA Holder
- First, you have to apply for the state or territory nomination.
- You must have owned a business minimum of 2 years. You should head that business and must be part of the governing body.
- The applicant must have a strong interest to settle down in Australia and should come with a clear vision and plan.
- Your main business should come with an Australian Business Number and you must have submitted the Business Activity Statement regularly to the Australian Taxation Office in the last two years.
- Your main business and businesses must have an annual turnover of at least AUD300, 000. If you are meeting all these criteria, make sure that you can get approval for a business innovation VISA. It is something that will make your migration to Australia smoother.
Conclusion
These are the things one has to qualify if he wants to successfully migrate to Australia with a business VISA. Without any kind of achievement or investment, it is not possible to get this kind of VISA.
