Aside from global mobility as a result of visa-free travel to many different
countries, citizenship in another country also often provides various other
additional benefits such as the ability to bring your family with you, the ability to
diversify your investments in another jurisdiction and find new opportunities,
consular support when overseas, the right to vote, financial assistance, access to
education, and in some cases tax management advantages. With a good number
of Australia’s cities frequently rated as some of the world’s most livable
destinations, it’s no surprise that many people make the move down under.
Australia is the first and foremost a friendly and accommodating country. The
cities especially have a wide range of residents from all over the globe. The
outdoor lifestyle encourages people to come together, whether around a
barbeque, at sporting events or just a gathering of like-minded individuals.
If we talk about Australia, with beautiful natural ecosystem, mild climate, backed
by a strong economy and most efficient healthcare system, Australia is the choice
of migration. It is ideal destination for entrepreneurs with an ever growing
economy and therefore people migrate there for better future.
Here we will talk about Basic Business Immigration process as:
1. Start by submitting expression of interest (EOI) in Skill Select.
2. Applicant must be nominated by state or territory.
3. Invited to apply for visa
Investor Visa Australia
Investor Visa Subclass 891:
This visa is for people who undertake business and investment activities in Australia and allows to stay there indefinitely.
Through this visa one can:
stay in Australia permanently
continue your business and investment activity in Australia
apply for Australian citizenship, if you are eligible
Applicant must meet the following conditions:
be the holder of a Subclass 162 – Investor (Provisional) visa
have held a designated investment of AUD1.5 million for 4 years
have lived in Australia for 2 of the past 4 years
Australian Residency By Investment – Australia offers various residency by investment programs. Individuals select which best suits them in terms of age and financial status. Some of the Australian residency by investment programs includes:
1. Business Innovation and Investor Visa (Provisional)
2. Business Innovation Stream
3. Investor Stream
4. Retirement Investor Visa
The following are means by which you can gain residency in Australia:
1. Business Visa Australia
This involves individuals who have been nominated by a state, territory government or Australian agency. Such individuals have an invitation to apply. The invitation is issued by the Minister for Immigration and Border Protection. Visa has a validity of four years and three months. It allows the applicant to travel to and from Australia.
This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia. Investor Stream, this provisional visa requires you to invest at least AUD1.5 million in an Australian State or Territory and maintain business or investment activity in Australia.
Significant Investor Stream, This provisional visa is for people who invest at leastAUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
2. Business Investor Stream
This program is designed for individuals who can invest a minimum of AUD 1.5 million into a business in Australia to qualify for Australian residency by investment program. The individual has to meet the following requirements to qualify for the program, be under the age of 55, must have been nominated by the relevant agency on behalf of the Australian government. Applicant must Scored at least 65 points, managed eligible investments of at least AUD 1.5 million or a qualifying business with at least 10% ownership interest. He must be with a Successful record of eligible investment or qualifying business activity.
Business Innovation Extension Stream, this provisional visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream extend their stay in Australia for 2 more years. The business innovation stream program involves individuals who have various business skills and also wish to develop and grow and manage a new business in Australia. Such individuals must be nominated by a territory government on behalf of the Australian government. The applicant has not been less than 55 years of age. Such an investor must also have minimum net worth of AUD 800,000, make minimum investment of AUD 150,000 and have functional English.
The eligibility for this visa include, high net worth, minimum Investment of AUD 5 Million and the individual must be less than of age 55. The visa validity time is 4 years with language requirements including IELTs CLB 5 minimum. Furthermore, the investor must have business experience of more than 5 years.
But this visa has so much benefits as well like:
With this visa one can establish a new or develop an existing business, or to invest in Australia
No travel restrictions for in and out of Australia
Bring eligible family members with you to Australia
Opportunity to apply for Australian citizenship
The opportunity to apply for permanent residence through the business innovation and investment (permanent) visa (subclass 888).
Along with this there are common subclasses which lead to Australian citizenship:
Subclass 189-Skilled Independent visa:
This points-based visa is for skilled workers who are not sponsored by an employer, a state or territory, or a family member. With this visa, one can live and work permanently anywhere in Australia and eligible family members can be included in the application. The Australian Skilled Independent (subclass 189) visa is intended for skilled workers who are not sponsored by an employer or a start or territorial government*. It allows a successful applicant to live and work in Australia permanently.
Subclass 190-Skilled Nominated Visa:
The Skilled Nominated visa (subclass 190) is a permanent residency skilled migration visa for people with an occupation in high demand in Australia's labour market. It allows applicant to:
stay in Australia indefinitely.
work and study in Australia.
enrol in Medicare, Australia's scheme for health-related care and expenses.
sponsor eligible relatives for permanent residence.
travel to and from Australia for five years.
apply for Australian citizenship, if eligible.
Subclass 491-Skilled Regional Provisional Visa will enable eligible skilled workers and their families to live, work and study in designated regional areas of Australia for 5 years. Visa holders will be eligible to apply for a Permanent Residence visa after three years.
This visa is designed to encourage migrants to live and work in regional areas of Australia where there are large skills shortages and significant numbers of job vacancies.