Are you an entrepreneur, businessman or investor? Do you want to immigrate to Australia?
Is your intent to continue your activities in Australia, develop an existing business, or start a new one? There are two types of business investment visas offered by the Australian Government to business owners, entrepreneurs and investors wanting to immigrate. The Business Innovation and Investment (Permanent) visa (subclass 888) and Business Talent (Permanent) visa (subclass 132). Let us discuss these visas individually.
The Business Innovation and Investment (Permanent) visa (subclass 888) has five categories or streams. To be eligible for any of these visa streams sponsorship is required, but once an Australia permanent visa is obtained, you are an Australian permanent resident.
Must demonstrate business and personal assets of AUD 1.25 million to be transferred to Australia and an ownership stake in 1 or 2 businesses that in the last 4 years had AUD 750,000 turnover in 2 of those 4 years.
Must have business and personal assets of AUD 2.25 million and make a designated investment in Australia of AUD 1.5 million for 4 years.
Must make a complying investment of AUD 5 million in Australia for 4 years.
The Business Talent (Permanent) visa (subclass 132) has two categories or streams. To be eligible for these visa streams sponsorship is required, but once an Australia permanent visa is obtained, you are an Australian permanent resident.
This visa is for experienced business owners to operate a new or existing business in Australia. To be invited to apply, you must have a net value of at least AUD 1.5 million (lawfully acquired). Also, an annual business turnover of at least AUD 3 million and total net assets of at least AUD 400,000 as the ownership interest in one or more qualifying business for at least two of the four fiscal years before you are invited.
To be invited to apply for this visa, you must have funding of at least AUD 1 million from a member of the Australian Investment Council (AIC) and be nominated by an Australian state or territory government.
Tri-Nations Migration is a ‘boutique’ immigration consultancy with more than thirty years’ experience in the field, and we are registered with the Migration Agents Authority in Australia. Let us attend to the time-consuming immigration process while you focus on growing your business. Is it your intention to immigrate to Australia? Contact Tri-Nations Migration today.