Business Migration to Australia
If you are looking at establishing an office in Australia, purchasing a business or migrating to Australia as a business owner or investor, it is critical to get the right immigration advice upfront.
Having a sound immigration strategy from the beginning can streamline the process significantly and ensure that you meet your goals in starting a business in Australia.
Expression of interest and invitations to apply for a Business Skills Visa
If you are a successful businessperson, you can lodge an Expression of Interest (EOI) for migration to Australia under one of the three business skills visa categories.
An EOI is not a visa application – Australia has changed the way its immigration program works, and even if you comply with all the requirements for a particular visa, you cannot lodge the visa application unless the Department of Immigration and Border Protection (DIBP) invites you to apply for that visa after you have lodged an EOI.
You need to have had a successful business career and:
- have a minimum ownership interest in a substantial business, or
- you have conducted substantial investment activities; and
- you will also require substantial personal assets (the amount varies according to the visa class) and be in a position to transfer some of these assets to Australia for the purposes of establishing a business or investing in Australia and for settlement in Australia.
You will also have to meet requirements as to your age at the time of application and pass the business innovation points test.
Temporary Visa Categories:
Business Innovation & Investment (Provisional) Subclass 188 Visa
This is a four-year provisional visa available to business owners and investors.
Significant Investor Subclass 188 Visas
This is a four-year provisional visa for people willing to make a $5 million investment in Australia.
Residence Visa Categories:
Business Talent (Migrant) Visa
Business Talent (Migrant) visas are granted to people with an overall successful business career as the owner of a business or people with venture capital funding in Australia. There is no need to apply for a provisional visa before applying for this permanent visa.
Business Innovation & Investment (Residence) Subclass 888 Visa
This is the permanent stage of the Subclass 188 Provisional Business Innovation & Investment. It requires applicants to have established business operations in Australia or to have maintained an investment in bonds.