Australia is one of the most popular choices for migration compared to other countries because of a strong economy Chris Paul Jersey , high standards of living and amazing lifestyle. People migrate to Australia to have a better life. Before doing that, you need to apply for the Permanent Residency (PR) visa in order to be granted a right to live, work and study without limitation in Australia. However, you can settle down in Australia with a business visa. The Australian Business Visa category encourages successful business people (business owners Kawhi Leonard Jersey , investors, and senior executives) to settle in Australia on permanent visas and develop new andor existing businesses.
Here are described Business visas that help you in settling down in Australia. Business Innovation and Investment permanent visa (subclass 888): This visa allows you to 鈥? Stay in Australia indefinitely 鈥? Work and study in Australia 鈥? Own and manage your business in Australia Under this visa category (subclass 888) there are further three streams. And you must be eligible under one of these visa streams. 1) Business Innovation Stream 2) Investor Stream 3) Significant Investor Stream
Business Innovation Stream Eligibility:
To apply for Business innovation stream you must have been in Australia and have had following: 鈥? You must already have a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, which is a 4 years provisional temporary visa. You must have had provisional visa for 1 or 2 years before you apply. 鈥? Moreover, you must be show your ongoing business involvement Blake Griffin Jersey , which meet certain financial requirements. In other words, you must have a legal business, which is flourishing and meeting all legal requirements. In addition, your business must have a solid history of hiring the Australian workers.
Investor Stream Eligibility:
In order to permanently settle through business visa in Australia Cheap Los Angeles Clippers Jerseys , Investor stream is another option, for eligibility; you must have been in Australia and held your provisional visa in the Investor stream for at least two of the four years immediately before you apply. 鈥? In addition, you (or you and your partner combined) must have held a designated investment with an Australian state or territory for at least four years.
Significant Investor Stream Eligibility:
This is for people who are willing to invest AUD5 million into complying investments in Australia. This is a temporary visa. Once you have maintained an investment of at least AUD 5 million over four years, you can apply for permanent residency through the Business Innovation & Investment (Residence) visa (Subclass 888). However Cheap Clippers Jerseys , you can be nominated by a state or territory government or Austrade on behalf of the Australian government.
Visa Requirements:
You must make a complying significant investment of at least AUD5 million over four years in the following proportion: 鈥? At least AUD500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies. 鈥? At least AUD1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange. 鈥? A 鈥榖alancing investment鈥?of at least AUD3 million in managed funds that may invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes Louis Williams Clippers Jersey , annuities and commercial real estate.
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