AUSTRALIA
ENTREPRENEUR VISA PROGRAM
Over the years, Australia emerged as a main destination for individuals who seek to immigrate and start their life in a diverse country.
Australia offers an investment immigration program called the Australia Entrepreneur Program, which enables foreign investors to start their business in Australia.
About Australia Immigration Program – Business Innovation and Investment Visa Australia’s Entrepreneur Visa Program, or Australia Investor Visa, is an immigration investment program that has been launched in order to encourage foreign investors interested in living and working in Australia to start their business there. The program is designed for foreign investors who intend to engage in innovative business of particular economic interest in Australia. The program is point-based; the applicant must score at least 65 points in order to qualify for the program, in addition to prove business ownership in order to start a business in Australia. The program is one of the good investment opportunities in Australia, which enables entrepreneurs to obtain Australian citizenship and Australian permanent residency by starting their own business. There are two types of migration for non-Australian citizens: temporary and permanent. Temporary resident visas allow non-Australian citizens to remain in Australia for a specified duration for purposes that may include tourism, visiting family, study, work, medical treatment etc. Many temporary visas provide a pathway to permanent residence eligibility.
BENEFITS
Australian citizenship carries numerous benefits.
The investor can immediately receive the country’s passport which guarantees its holder to travel – visa-free – to more than 160 countries including the United States, the United Kingdom, Singapore, Spain, Italy, Greece, France, and Germany
Free education for children
Free medical treatment coverages
Australian citizenship also guarantees the right to vote in elections at all levels of government and gives the right to seek parliamentary positions
Baby care bonus for permanent residents and citizens (parents are paid about $5,500 AUD)
First home grant for permanent residents and citizens (payment up to $26,000 AUD for your new home)
Family tax benefits for permanent residents and citizens
Full working rights, with help to find a job
Ability to include spouses, dependent children below the age of 23
As soon as the investor’s application is approved, the Australian passport will be acquired
INVESTMENT SPECIFICATIONS
There are a number of specifications and requirements the proposed business and investor should meet, which are explained below:
The Business Innovation and Investment Program includes six of the following visa streams:
The above temporary visas offer a direct pathway to permanent residence after four years, subject to meeting certain residence and investment/business turnover requirements.
The above two streams offer direct permanent residence and applicants must quickly become involved in the relevant business.