INVEST AND SETTLE IN AUSTRALIA
With incredible opportunities to explore, Australia is one of the best destinations for business people seeking newer shores. Australia is a hotbed for talent and its unique location makes it a regional economic powerhouse. The Australian Business Innovation & Investment Stream (Provisional) visa (subclass 188) allows entrepreneurs to establish or purchase a business in Australia. It is a path to permanent residency that offers incredible benefits to successful applicants. The investor visa team at One source overseas is one of the most experienced teams globally. Our deep expertise in immigration processes and successful track record make us the perfect partner for your global foray.
BENEFITS OF SETTING UP BUSINESS IN AUSTRALIA:
Entrepreneur visa-two pathways:
There are two pathways for the entrepreneur visa:
- If you have a provisional business visa (Business innovation and investment (provisional) visa), you will be eligible for permanent residence after establishing your business
- Business visa applicants with extensive experience (Business talent visa) can be sponsored by a state or territorial government for PR visa
With the Business Innovation and Investment (Provisional) visa you can own and manage a business in Australia or conduct a business or investment activity entrepreneurial activity in Australia.
- The right to establish a new or develop an existing business, or to invest in Australia
- Unlimited travel in and out of Australia
- Bring family members with you to Australia
- Opportunity to apply for Australian citizenship
- The opportunity to apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888)
- It is also possible to extend your visa for a further two years if you have applied and been granted the Subclass 188 visa under the Business Innovation stream
The Subclass 891 visa is for immigrants who wish to start a business or want to undertake investment activities in Australia. With this visa, you can stay in the country indefinitely. To be eligible as a primary applicant you must have a qualifying visa.
One source overseas has a dedicated investor team. The experience of the team combined with our expertise in immigration processes makes us your ideal partner to make your business foray in Australia.
Benefits of the visa
With the Subclass 891 visa, you can
- Work and study in Australia without restrictions
- Stay in Australia for an unlimited period
- Subscribe for Australia’s universal healthcare scheme
- Apply for Australian citizenship if you are eligible
- Travel in and out of Australia for five years
- You can include your family members in the visa application
Eligibility conditions for the Subclass 891 visa
- You must be the primary holder of a Subclass 162 visa
- You must have lived in the country for at least 2 years in the previous 4 years immediate to the date of your application while having the Provisional) visa (subclass 162)
- You must have held a designated investment of 1.5 million Australian dollars for four years
- You must display a commitment to continue your business activities in Australia
- You and your family members must meet health and character requirements
ELIGIBILITY :
- Ownership of a business with a turnover of at least AUD 500,000 for at least 2 of the last 4 fiscal years
- Net personal and business assets of at least AUD 800,000
- Under 55 years of age, unless the nominating state or territory certifies that you will make an exceptional economic benefit
- Meet the pass mark in the Business Innovation and Investment Points test currently 65 points. Points are awarded on
- Age
- English language ability
- Qualifications
- Experience in business or investment
- Net personal and business assets
- Business turnover
- Innovation
- Special endorsement
- Have an overall successful career in business