Different types of Australian visas are available to support the nation’s growth. Australia is the best place for investment because of its link with the Asia-Pacific region and a robust economy. You can get to expand the business and stay in Australia. Read the given topic, to learn which Australian business visa will suit you the best.
Overview
Australian Business visas are the best choice to promote and expand international business. These visa types are state-nominated which means nomination is needed by the state or territory government. The state government will nominate the business before the visa application. Well, there are a small number of visas under the business migration program. When you plan to apply for the visa, you should contact the migration consultant. Our team of migration agents in Brisbane will give you detailed information on the entire process.
Type of Australian Business visa (subclass 188 provisional and subclass 888 permanent)
- Visa for Business Innovation
Businessmen who are planning to relocate their business or start a new one in Australia, need to have net business and personal assets of around AUD 800,000. The applicant age should be under 55 and the point test should be around 65.
- Investor
The business owners who are planning to invest a minimum AUD 1,500,000 in an Australian for 4 years. The total net business requirement is at least AUD2.25 million. The applicant should be under 55 and the points test should be 65.
- Visa for Significant Investor
The business owner who is willing to invest for 4 years and the amount worth
$5 million. The investment proportion will include the growth of private equity funds and venture capital along with managed funds should be approved.
- Visa for Premium Investor stream
The entrepreneurs who got nominated by the Australian Trade and Investment Commission and they are ready to make investments worth AUD15 million for 12 months. The assets can belong to you, your partner, or, it can be combined.
- Visa for Entrepreneur
People with the funding agreement from the 3rd party of the amount AUD200.000 to carry out entrepreneur activity in Australia or business development.
To apply for the subclass 888, the applicant needs to have the subclass 188 visa and this can be applied from the same stream that you originally applied for the subclass 188. The subclass 888 eligibility will depend on the carrying stream of 188.
Additionally, the people with the subclass 160, 161, 162, 163, 164 or 165 visas and who have operated a business in Australia for 2 years, can choose the subclass 890 and 892.
To understand which visa option will suit you the best, you should contact our agents and they guide you in detail about the visa application and what all steps need to be taken to get the visa on time.