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The Australian Government encourages businessmen who wish to apply for Business Migration. There are several sub categories in the Business Migration. One has to have a successful business career to apply for Business Migration. Business owner category requires the applicant to have at least 10% of ownership interest, net business assets of AUD$ 200,000 and several other requirements. However the State/Territory Sponsored Business Owner category requirements are much less stringent but the applicant is required to obtain State/Territory sponsorship.
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The Senior Executive category is another sub category of Business Migration where the applicant needs to have held one of the 3 highest managerial positions and has been responsible for strategic policy development in a major business which has had a turnover of AUD 50 Million per annum for 2 years within the 4 years prior to the application. Comparatively requirements are less stringent in the State/Territory Sponsored Senior Executive Category.
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Another Business Migration category is the Investor Category. In this the Applicant should be able to legally transfer funds to Australia amounting to AUD $ 2,250,000.00 minimum. As for the State/Territory Sponsored category the minimum amount is only AUD$ 1,125,000.00. Apart from this main requirement there are few other criteria which one has to satisfy. |
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All of the above category visas are temporary visas given only for up to 4 years initially. But they can be extended. They become eligible for permanent residency visa once they establish their business or investment and with the fulfilment of other requisites. |
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Under the Business Migration the only Permanent Residency Visa issued directly is the Business Talent Category. As in other categories the applicant should have had a successful business career. He should possess AUD $ 400,000.00 worth net business assets and net business and personal assets of AUD $ 1.5 million lawfully acquired and capable of being transferred to Australia within 2 years. His business should have an annual turnover of at least AUD $ 3 million. In addition to these main criteria there are other requirements to be fulfilled. |
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Please complete the below questionnaire and send your resume/CV to enable us to provide our initial advice free of charge |
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For More Details info@jadelawyers.com.au |
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