Australia has become a top destination for international students as well as candidates who also get the job opportunity. One such option is Australia Investor Visa Stream which can benefit people all over the world. In this guide, we are going to mention this in detail for your understanding.
The Australia Investor visa streams have offered eligible candidates all over the world to get the Australian PR. Well, there are 2 streams under this which come under the Subclass 188: business Innovation and Investment Visa. It is important that you hire a competent migration agent for a better understanding. Both categories are mentioned below:
- Investor Stream
In this case, one of the 2 things need to be done:
– Own & handle business in Australia
– Invest AUS$1.5 million in Australia
If you are planning to apply for the visa then you must take the help of the best Australian migration agent for up-to-date knowledge.
Requirements
- The candidate age must be 55.
- The candidate must score at least 65 points along with that their age, qualification, English competency, experience, and other factors need to be kept in mind.
- The candidate should have the nomination by the territory or state government. They need to stay in Australia for 2 years.
- Direct involvement in the management for 3 years with one qualifying business investment.
- The candidate should have a successful and high skill record in the eligible business.
- The total investment should be around AU$1.5 million
What is termed as Eligible Investment?
Some of the acceptable investments are mentioned below:
- Ownership of a business
- Gold or silver bullion
- Cash on deposit
- Stocks or bonds
- Real estate
Qualifying Business
The qualifying business is for the profits by giving services to the public. It means they are not for passive or speculative investment.
- Significant investor stream
In this stream, there is no need to meet the age requirement or undergo the English proficiency test. You need to invest around AU$5 million.
Requirements
- The candidate needs to be nominated by the Australian territory or state government.
- It is important that the candidate should not be involved in any type of unacceptable business activity.
- The candidate should have at least AU$5 million which can be used to make an investment.
How is the investment made?
Invest at least AU$5 million to make a significant amount of investment and keep it for 4 years. The investment should be made:
- Investment should be directly in your name or the name of your spouse or de facto partner.
- Under a valid trust for which you are the Trustee and you are, the applicant should be beneficiary of the de facto partner.
To see your eligibility you should book your consultation with the migration consultant for better understanding.
