Migrate to Australia as Business Investor through Subclass 188 Visa

Migrate to Australia as Business Investor through Subclass 188 Visa

Thinking about expanding your business presence in Australia? Wondering about how much to invest to get PR in Australia? Australia is one of the wealthiest countries in the world known for its fantastic healthcare, world-class education, superb lifestyle, ease of business, and promising job opportunities. The country ranks high in terms of diversity and Human Development Index ranking offering people excellent quality of life, economic freedom, sound banking system, and stable business environment.

What is an Australia business/Investor visa?

The investor visa pathway in Australia is a citizenship by investment route designed to welcome experienced and established business owners/entrepreneurs/and investors to settle in Australia contribute to its economy. The pathway comprises several visa stages and must fulfil all visa eligibility requirements to qualify for it. An applicant must maintain the residency for four years and also show business profitability before applying for an Australian Citizenship.

Let’s discuss various investment visa options available for foreign investors who wish to migrate to Australia:

Basic eligibility requirements for investor visa Australia

To be eligible to invest in Australia, one must:

• Be below 55 years of age
• Willing to invest at least 800,000 AUD or more into complying investment(s).
• Provide evidence of successful business experience and investment track records
• Be sponsored/nominated by an Australia state or territory.
• Pass the points-test

 

Investment visa options in Australia

Business Innovation Visa (Sub-class 188)

The Australia subclass 188 visa is aimed at high net worth and experienced business owners who have the skills, funds, and expertise to boost the Australian economy.  The visa is issued for four years and if you succeed in establishing a flourishing business, you can apply for permanent residency in Australia after four years.

There are four sub-categories in Business Innovation Visa (Sub-class 188):

Business Innovation Stream

• Be willing to invest 500,000 – 800,000 AUD and operate a business a new or existing business in Australia
• must have 3 years of business experience and operate a business with 500,000 AUD turnover;
• Must clear the points-test with at least 65 points.

 

Investor Stream

• Requires you to invest:
• • AUD2.5 million that meets certain requirements if you were invited to apply on or after 1 July 2021
  • AUD1.5 million in an Australian State or Territory if you were invited to apply before 1 July 2021
• Be nominated by a State or Territory government agency to invest.
• Clear the points-test

 

Significant Investor Visa Stream

• Have at least 5 million AUD as an investment that comply with the 188 visa Australia requirements.
• be invited to apply for this visa
• be nominated by a State or Territory government agency
• Be able actively carry out business activities in Australia.

 

Entrepreneur Stream

Designed for startup and early stage entrepreneurs who have been endorsed and supported by designated Australian authorities to launch their business ideas.

• This is a state-nominated 5-year provisional entrepreneur visa.
• You must be under 55 years of age.
• You must have at least Competent English.
• You must submit evidence of adequate funding secured from a funding provider in Australia.

 

Business Talent Visa (Subclass 132)

The Business Talent Visa (Subclass 132) is another business visa that leads to permanent residency in Australia. The route is designed for established business owners who want to set up a new or buy an existing business in Australia. Additionally, they must have at least 1.5 million AUD to invest in a new or existing business.

There are two sub-categories available under the Subclass 132 visa:

Significant Business History

This category is designed for highly experienced business owners who wish to undertake significant business activity providing either, employment, exports or high level investment. The business performance of subclass 132 visa holders are reviewed by the Department of Home Affairs after two years.

Venture Capital Entrepreneur Stream

For individuals who have secured at least AUD$1,000,000 in agreed funding from an Australian venture capital firm, which is also an AVCAL member to develop and support an innovative business idea.

Do you want to know more about Australia Business Investor Visa from India? Don’t delay your plans anymore. Get in touch with our professional team to get all your questions answered. Give us a call at 8595338595 or drop us a mail at [email protected].