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Australia Business Visa from the Best Immigration Consultants

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BUSINESS VISA

Business Immigration, Australia

A great country to live and do business and 3,200 km north in Australia covers 7,682,300 square kilometres, which makes it more than twice as large as India and about the same size as the 48 mainland states of the USA.

It is the world’s sixth largest country, covers 5% of the Earth’s land surface and measures about 4,000 km from east to west to south. Climate is generally arid to semiarid; temperate in south and east; tropical in north. Australia has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses.

Migrating to Australia as Business Person

The Business Migration program encourages successful business people to settle permanently in Australia and develop new or existing businesses. On 1 March 2003, a new two-stage Business Migration scheme was introduced for Australia. An overview of the business Skills Category and pathways to permanent residence is given below:

  • State/Territory Sponsored Business Owner (Provisional) category
  • Business Owner (Provisional) category
  • State/Territory Sponsored Senior Executive (Provisional) category
  • Senior Executive (Provisional) category
  • State/Territory Sponsored Investor (Provisional) category
  • Investor (Provisional) category

BUSINESS OWNER

This visa is aimed at people with a demonstrated successful business background with a genuine intent to own a business in Australia. The business can be a new venture or buy into an existing Australian Business.

This visa is the first step towards Permanent Residence status in Australia and allows you to:

  • Establish a new or existing business in Australia
  • Multiple entry into Australia for as long as the visa is valid (generally 4 years)
  • Have your family accompany you to Australia. They will have access to work and study rights
  • Establish a pathway to permanent residence within 2 years

The basic requirements to be considered for a Business Owner Visa is as follows:

  • You must be under the age of 45 years old at the time of submitting the application
  • You must have vocational English
  • You had net assets in a qualifying business of AUD200 000 for at least two of the four fiscal years immediately before you apply
  • The annual turnover of your main business must have been at least AUD500 000 in at least two of the four fiscal years immediately before you apply
  • In addition, you must have owned at least:
  • 51 per cent of the business where the turnover is less than AUD400 000 per annum
  • 30 per cent of the business where the turnover is AUD400 000 or more per annum
  • 10 per cent where the business is a publicly listed company
  • Your total assets have a net value of at least AUD800 000
  • You have sufficient assets (additional to those above) of at least AUD100 000 to settle in Australia

If you are married or in a de-facto relationship for at least 12 months prior to applying, your spouses assets may be included and combined to total the net assets required above. In addition, you are able to combine 2 business’ to evidence business turnover requirements, providing you can meet the percentage of share ownership (above).

SENIOR EXECUTIVE

This visa is aimed at Senior Executives with a background of Executive positions within large, internationally recognised organisations that have significant net assets and a genuine commitment to participating in the management of a new of existing business.

With this visa you can:

  • Establish a new or existing business in Australia.
  • Travel in and out of Australia any number of times as long as the visa is valid
  • Have your family accompany you to Australia. They will have access to work and study rights. Your family includes your partner and any dependents.

The basic requirements to be considered for a Business Owner Visa are as follows:

  • You must be under the age of 45 years old at the time of submitting the application
  • You must have vocational English
  • You must have occupied a Senior Level Management position within a major organisation for 2 of the 4 fiscal years prior to applying
  • Your total assets have a net value of at least AUD800 000
  • You have sufficient assets of at least AUD100 000 to settle in Australia

If you are married or in a de-facto relationship for at least 12 months prior to applying, your spouse’s assets may be included and combined to total the net assets required above.

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