All You Need To Know About Australia Business Programmes

Strong and bright business conditions make the ‘Land of Kangaroos’ the most desired immigration destination for business personal in the world. Apart from holding an important position on the international map, the country provides simple and easy rules and regulations under Australia Business Programmes.

These promote successful business owners, investors and higher-ranking executives to settle in the country while expanding new or obtainable breaks in Australian business.

Every specific business migration class has different set of requirements for admission to the nation. In majority of the cases, the aspirant will get a 4-year temporary business visa at first. And, then after satisfying proof of a particular level of business activity or investment, he will be in a position to submit an application for the prized and the much sought after permanent residency (PR).

A direct PR class will still be to be had for high-calibre business aliens who have sponsorship from State/Territory administrations called the Business Talent Permit.

The country’s economy is flourishing like never before, it is rich in minerals and its mining industry is one of the major contributors to its growing economy. Foreign investors see Oz as bright opportunity to invest as they believe if they make an investment today, in the coming years they will get good returns.

For those who are looking for an opportunity to know more about the various Australia Business Programmes up for grabs, here is the chance. There are two major pathways for business professionals and they are as follow:

Provisional Visa: Under the stated category, business personal may apply for temporary visa, via various provisional visas. These visas over the period of time may lead to Australian PR, provided the applicant satisfies the required criteria set by the Department of Immigration and Border Protection (DIBP) for PR.

Some of the options are as follow:

1.       State / Territory Sponsored Business Owner (Provisional) (subclass 163): It is a state/territory sponsored category with low level criteria. It entertains business personal with relatively strong business experience and required assets with an intention to start a new or manage an existing business venture in ‘Down Under’.

2.       Business Owner (Provisional) (subclass 160): It entertains business personal with genuine business experience at the senior level or those who have personally managed a business venture with a positive commitment to either start a new business venture in ‘Down Under’ or mange a existing one.

3.       Senior Executive (Provisional) (subclass 161/164): It is also a state/territory sponsored category with low level criteria. It aims to attract senior executive personal with an experience in strategic policy development directly affecting various operational programmes, or any one major component of the business.

4.       Investor (Provisional) (subclass 162/165): It may be sponsored by a State/Territory government, with low level applying criteria developed for investors with significant assets and successful track record of various investment activities with an intention to make designated investment, for a fixed period of four years, with a genuine intention of sincerely managing a business venture.

Permanent Residence: It encourages business personal, such as investors, senior executives and business owners, to permanently settle in Oz, and start a new or manage an existing business venture. Eligible business personal are first given a Business Skills (Provisional) Visa for a fixed period of four years, and once they successfully establish a requisite level of business venture, or have maintained a handsome investment, they become eligible to submit an application for Business Skills (Residence) Visa.

However, a Permanent Residence Visa (PRV) is granted directly only to the applicants with high caliber duly sponsored by a State/Territory government, known as the Business Talent Visa.

Following are the options available for the Permanent Residence:

1.       State/Territory Sponsored Business Owner (Residence)

2.       Business Owner (Residence)

3.       State/Territory Sponsored Investor (Residence);

4.       Investor (Residence)

5.       Business Talent (Migrant)

In order to process the visa application, the applicant will have to deal with the DIBP--the apex Australian Immigration body.

Australia has a thriving economy and investors see it as an excellent place for investment purposes. The nation’s Business Programmes have many takers. The country offers both long term and short term programmes to meet the growing demand of every one.

For more details about Australia immigration then send resume at Ashutosh@abhinav.com or visit our website www.abhinav.com