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