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Australian Business Visa

Australian Business Visas motivates successful and rich businessmen to work and to get settled in Australia while developing new or existing opportunities in the Australian economy.

Types of Business Visa

  • The Business Innovation and Investment Visa
  • The Business Talent Visa
  • Distinguished Talent Visa
  • Business Owner Visa

Let’s discuss these visas in detail:

Business Innovation and Investment Visa

Primarily, this is a provisional visa which is of 4 years; moreover this also allows an individual to apply for a permanent residency as well after this visa.

  • An individual can manage and own a business in Australia.
  • Can invest and conduct business in Australia (Australian government encourage businessmen to invest as this will also lead to employment generation).
  • Is allowed to undertake an entrepreneurial activity in Australia.

The Business Talent Visa

This visa gives you a permit of establishing a new or develops an existing business in Australia, which includes two streams;
  • Significant Business History: for high calibre business owners or partners who want to do business in Australia.
  • Venture Capital Entrepreneur: for folks who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).

Distinguished Talent Visa

This visa is only for those who have an outstanding achievement in an eligible field or have an internationally recognised record of exceptional.

For this visa an individual must hold an outstanding achievement in one of the following areas:
i. A profession
ii. A sport
iii. The arts
iv. Academia and Research

Some key points of this visa are;

A. Eligibility:

To be eligible for this visa, you must have a record of exceptional achievement in a profession, a sport, the arts, academia, or research. You must also be internationally recognized as outstanding in your field, and you should be able to provide evidence of your achievements.

B. Nomination:

You need to be nominated by an Australian individual or organization with a national reputation in the same field as yours. The nominator should provide a letter of support outlining why you deserve the visa.

C. No age limit:

There is no specific age limit for the Distinguished Talent visa, which means individuals of any age can apply.

D. Benefits:

Once granted, this visa allows you to live and work in Australia indefinitely. You can also include your family members in your application, and they will have the same rights and privileges as you.

E. Visa application process:

The application process for the Distinguished Talent visa involves two stages. The first stage is the nomination stage, where your nominator submits a nomination on your behalf. If your nomination is approved, you can proceed to the visa application stage, where you provide additional documents and evidence to support your application.

F. Health and character requirements:

Like other Australian visas, you and your family members will need to meet the health and character requirements to be granted the Distinguished Talent visa.

G. Permanent residency:

If your application is successful, you will be granted a permanent visa, which allows you to live, work, and study in Australia indefinitely. After a certain period, you may be eligible to apply for Australian citizenship.

Business Owner Visa

The persons who want to own and manage their business in Australia; this Visa is only for those. This gives a permission to live in Australia indefinitely. One must have a qualifying visa granted on a particular basis, to apply as a primary applicant. Before the application is made, one must check that he/she must have lived in Australia on a qualifying visa for at least 12 months in the 2 years immediately and before the application is lodged, you must have owned and operated a business in Australia for at least 2 years.

Few benefits of Business Visa are;

Business Opportunities:

Australia provides a robust and thriving business environment with diverse opportunities across various industries. The Business visa allows individuals to tap into these opportunities and establish or expand their business ventures in a stable and prosperous economy.

Pathway to Permanent Residency:

Depending on the specific visa subclass, the Business visa category offers a pathway to permanent residency in Australia. This allows individuals and their families to live, work, and study in Australia indefinitely.

Flexibility:

Business visa holders have flexibility in managing their business and making investment decisions. They can operate their own businesses, manage existing businesses, or invest in designated investment options depending on the visa subclass.

Access to Australian Markets:

Australia provides access to a strong and well-regulated market, allowing business owners to reach a wide customer base. The country’s strategic location in the Asia-Pacific region provides opportunities to engage in regional and international trade.

Education and Healthcare:

Australia offers high-quality education and healthcare systems. Business visa holders and their families can access world-class education institutions and healthcare services, ensuring a high standard of living.

Sponsorship and Employment Opportunities:

Business visa holders can sponsor eligible skilled workers through the Employer Nomination Scheme (subclass 186) or Regional Sponsored Migration Scheme (subclass 187) visas. This allows them to recruit and employ skilled workers to support their business operations.

Access to Social Benefits:

Business visa holders and their families are entitled to various social benefits in Australia, including access to public services such as healthcare, social security, and educational institutions.

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