Posted on January 07 2020
If you are thinking of setting up a business in Australia or invest in an already existing business there, then you must apply for a business visa. Australia offers several categories of business visas for such individuals.
The Australian business visa program helps business owners, senior executives and investors to come here for business purposes and develop new or existing businesses in Australia. This can also be a pathway to permanent residency.
In fact, there are two pathways for Business Skills entry to Australia:
Business Innovation and Investment (Provisional) visa:
With this visa, you can own and manage a business in Australia or conduct a business or investment activity entrepreneurial activity in Australia.
Basic eligibility requirements for this visa stream:
The provisional visa program has seven categories:
7. Entrepreneur stream-With this visa you can carry out entrepreneurial activities in Australia.
All these visa subcategories have a validity of four years and 3 months.
Steps to apply for a provincial business visa:
The business of the visa holder must do any one of the following activities:
Path to permanent residency:
The Business Innovation and Investment (Provisional) visa can be your pathway to permanent residency. You can apply for your PR visa if you have stayed on the Subclass 188 visa for at least one year and meet the financial requirements. Apart from this, you will have to give evidence of your enduring business interest by making regular investments and recruiting local workers for your business.
The provisional business visa (Subclass 188) visa categories provide various options to set up your business in Australia. Talk to an immigration consultant to know more about them.
Tags:
business in Australia
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