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Australian Citizenship

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Australian Citizenship
Aside from global mobility as a result of visa-free travel to many different countries, citizenship in another country also often provide 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 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 and how to get Australian citizenship, with a beautiful natural ecosystem, mild climate, backed by a strong economy, and the most efficient healthcare system, Australia is the choice for migration. It is an ideal destination for entrepreneurs with an ever-growing economy and therefore people migrate there for a better future.

Here we will talk about the Basic Business Immigration process

1. Start by submitting an expression of interest (EOI) in Skill Select.
2. Applicant must be nominated by state or territory.
3. Invited to apply for a visa

Investor Visa Australia

The Investor Visa Subclass 891 is designed for individuals involved in business and investment activities in Australia. This visa allows holders to live in Australia permanently while continuing their business ventures.

Benefits of Subclass 891

With this visa, you can:

  • Stay in Australia permanently.
  • Continue business and investment activities in Australia.
  • Apply for Australian citizenship, if eligible.

Eligibility Requirements

To apply for the Investor Visa Subclass 891, the applicant must:

  • Be the holder of a Subclass 162 – Investor (Provisional) visa.
  • Have held a designated investment of AUD 1.5 million for at least 4 years.
  • Have lived in Australia for 2 out of the past 4 years.

Australian Residency by Investment

Australia provides various residency-by-investment programs tailored to individuals based on their age and financial situation. Some options include:
  • Business Innovation and Investor (Provisional): For individuals starting or managing businesses in Australia.
  • Business Innovation Stream: Designed for business owners looking to innovate and expand.
  • Investor Stream: For investors meeting specific financial thresholds.
  • Retirement Investor Visa: For retirees seeking to reside in Australia through investment.

These programs provide pathways for residency and long-term settlement in Australia, catering to a range of investment and business interests.

The following are the means by which you can gain residency in Australia

Business Visa Australia

The Business Visa Australia is for individuals nominated by a state, territory government, or Australian agency. It allows applicants to operate a business or make investments in Australia.

Key Features

  • Validity: Four years and three months.
  • Purpose: Operate a new or existing business in Australia.
  • Travel: Allows unrestricted travel to and from Australia.

Streams

  1. Investor Stream:

  • Requires a minimum investment of AUD 1.5 million in an Australian State or Territory.
  • Maintain business or investment activities in Australia.

 

  1. Significant Investor Stream:

  • Requires a minimum investment of AUD 5 million in qualifying Australian investments.
  • Maintain investment activity in Australia.
  •  

Business Investor Stream

This stream is designed for individuals investing at least AUD 1.5 million into a business in Australia to qualify for residency by investment.

Eligibility Requirements

  • Age: Under 55 years.
  • Nomination: Must be nominated by a relevant Australian agency.
  • Points: Minimum score of 65 points.
  • Investments:
    • Manage investments of at least AUD 1.5 million.
    • Own at least 10% of a qualifying business.
  • Net Worth: Minimum AUD 800,000.
  • Minimum Investment: AUD 150,000.
  • Language: Functional English (e.g., IELTS CLB 5).
  • Experience: More than 5 years of business or investment experience.

Benefits

  • Establish or develop a business in Australia.
  • No travel restrictions.
  • Include eligible family members.
  • Pathway to permanent residence (subclass 888).
  • Opportunity to apply for Australian citizenship.

Common Subclasses for Australian Citizenship

Subclass 189 – Skilled Independent Visa

  • Points-based visa for skilled workers not sponsored by an employer, state, or family member.
  • Benefits:
    • Live and work permanently in Australia.
    • Include eligible family members.
    • Pathway to citizenship.

Subclass 190 – Skilled Nominated Visa

  • Permanent residency visa for individuals with high-demand occupations in Australia’s labor market.
  • Benefits:
    • Stay indefinitely.
    • Work and study in Australia.
    • Access Medicare (healthcare scheme).
    • Sponsor eligible relatives for permanent residence.
    • Travel to and from Australia for five years.
    • Apply for citizenship (if eligible).

Subclass 491 – Skilled Regional Provisional Visa

  • For skilled workers and families to live, work, and study in designated regional areas for 5 years.
  • Eligible for Permanent Residence after three years.
  • Purpose: Address skills shortages and job vacancies in regional Australia.

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