Business Visas
Migration by investment in Australia, also known as business migration, is a migration route designed for applicants with business aptitude and the ability to invest. This type of migration allows applicants to obtain temporary or permanent resident status (PR) by making a business investment or starting a business in Australia. When applying for Migrant Investor status, details of the applicant's business experience, business turnover, profits and family or personal assets are usually required.
Migration by investment not only provides applicants with the opportunity to live and work in Australia, but also helps to boost the local economy and increase employment opportunities. Applicants may be eligible to convert to permanent residents after meeting specific investment requirements and residency conditions. Overall, Australian investment migration is ideal for individuals who wish to gain access to migration opportunities through financial investment, while contributing to the prosperity of the Australian economy.
188A TO 888A BUSINESS MIGRATION PROCESS
Apply for State Nomination and EOI Invitation
Apply for 188A Visa
Settle and Run a Business
State Noination for 888A
Apply for 888A Visa
General Requirements for 188A Applications
- The primary applicant is under 55 years of age or through a state age waiver, the accompanying children are under 23 years of age at the time the visa is granted.
- EOI points test score of not less than 65 points
- The applicant (or spouse combined) has total family assets of not less than AUD 1.25 million, invested over a 3 year period. These assets are legally acquired and can be transferred to Australia within 2 years of visa issuance.
- For at least 2 of the last 4 financial years, the annual turnover of the business has not been less than AUD 750,000 (up to 2 companies combined).
- The couple owns at least 51 per cent of the shares of a company with an annual turnover of less than AUD$400,000 / at least 30 per cent of the shares of a company with an annual turnover of more than AUD$400,000 / at least 10 per cent of the shares of a company listed on the stock exchange.
- Successful business background
- Demonstrate a genuine intention to operate and manage a business in Australia.
- If the applicant's nominated business is a type of business that provides professional, technical or transactional services to the outside world, the applicant must spend no more than 50 per cent of their time on these services compared to the business that manages the applicant in an integrated way
- The applicant and the applicant's spouse are not involved in illegal business or investment activities