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Investing
in Australia
Australia's
migration program encourages successful business people to
settle permanently in Australia and develop new or existing
businesses.
The
current business skills program consists primarily of a
two-stage application process. At the first stage
business migrants can apply for a provisional visa.
Once granted the provisional visa, business migrants have 4
years within which to satisfy all the requirements of the
business skills (residence) visa and apply for permanent
residence.
Applicants
applying for any of the business skills visas, be it at the
provisional or permanent residence stage, can apply for
State/Territory government sponsorship. If such
sponsorship is obtained, the requirements are significantly
lower than those under the un-sponsored categories.
There
are four major types of provisional visas in which
applicants can apply for. There are listed below:
Business
Owners
Senior
Executives
Investors
Business
Managers
An
application for a permanent residence visa can also be made
by high calibre business migrants, under the Business
Talent visa category.
There
are separate options available for persons who hold
Temporary Business Long Stay (Independent Executive) visa in
Australia.
Business
Owners: Owners or part owners of a business. In order to
make an application for the Business Owner provisional visa,
you will need to show that you:
*
have an overall successful business career;
*
have an ownership interest of at least 10% in a business;
*
have a significant net assets in business ($A200,000);
*
have significant business and personal assets (A$500,000);
*
have sufficient net assets to settle in Australia;
*
have achieved a significant annual turnover in your business
(A$500,000 for at least 2 of the last 4 fiscal years);
*
have direct and continuous management role in an overseas
business;
*
have a commitment to maintain an ownership interest in a
business in Australia and direct and continuous involvement
in management of that business;
*
have no history of unacceptable business activities;
*
are less than 45 years old; and
*
have vocational English.
Senior
Executives: senior executive employees of major
businesses. In order to make an application for the
Senior Executive provisional visa, you will need to show
that you:
*
have an overall successful business career;
*
are employed in one of the top 3 levels of management of a
major business;
*
have significant business and personal assets (A$500,000):
*
have a sufficient net assets to settle in Australia;
*
have a commitment to maintain an ownership interest in a
business in Australia and direct and continuous involvement
in management of that business;
*
have no history of unacceptable business activities;
*
are less than 45 years old; and
*
have vocational English.
Investors:
investors / business people willing to invest in
Australia. In order to make an application for the
Investor (Provisional) visa, you will need to show that you:
*
have an overall successful business record of investment;
*
have more than 3 years experience in the direct involvement
in managing an eligible investment;
*
in at least 1 of the 5 fiscal years before your application
you have maintained direct involvement in managing your (or
your and your spouse's combined) eligible investments with a
value of at least A$1,500,000;
*
for the 2 fiscal years before your application the net value
of your (or your and your spouse's combined) assets was at
least A$2,250,000;
*
have demonstrated a high level of skill in management of
your investment;
*
are prepare to make a designated investment in a State
Treasury Bonds of A$1,500,000 for a period of 4 years;
*
are under 45 years of age;
*
have vocational English;
*
neither you nor your spouse has a history of involvement in
business activities that are not generally acceptable in
Australia; and
*
have a genuine and realistic commitment to continue to
maintain a business or investment activity in Australia
after your 4 years investment has matured.
Business
Employees/Managers: Senior managers with at least 4
years continuous employment. Business migrants in this
category can apply for State/Territory sponsored business
owner provisional visa.
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