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Australia is strategically and geographically entrenched in the APAC region and with strong business and trade ties to Asia, it is a diverse and multicultural economy encouraging of foreign investment.
The Australian economy has shown consistent growth in recent years underpinned by the sectors of: Natural resources and Energy, Tourism, Education, Financial Services and Agriculture based commerce. The Australian labour market has proven to be one of the most diverse and skilled globally and with its openness for innovation and entrepreneurship, it has the key elements for further economic growth and low risk investment opportunities. The Australian Government and the DIBP have a range of visas designed for people with a background in Investment or Business Ownership.
For successful business owners, investors and senior executives who wish to settle in Australia, the Australian Business Visa Program is an encouraging pathway towards conducting business opportunities in Australia with permanent residency in mind.
Provisional Visa (Option 1)
Under Australian Immigration law, applicants who enter Australia under this first stream will be required to undergo a 2-stage progression for permanent residence. This process involves holding a Business Skills Provisional visa for a period of 4 years while continuing to satisfy the requirements before an application for Business Skills Residence Visa (permanent) can be made.
188A – Business Innovation Streams
A temporary business skills provisional visa that allows successful business people to own a new or existing business in Australia. Valid for four (4) years; visa holders may be eligible for permanent residence after meeting obligations for at least two (2) years.
188B & 188C – Business Investor Streams
A temporary business skills provisional visa that allows successful business people to invest in a new or existing business in Australia. Valid for four (4) years; successful applicants may be eligible to apply for permanent residency.
Direct Permanent Residence (Option 2)
This stream is only available to applicants sponsored by an Australian State or Territory government, referred to as the Business Talent Visa.
132A – Business Talent Streams
A permanent business skills visa that allows the highest calibre of business owners to contribute to the success of a new or existing Australian business. Requires State or Territory government sponsorship.
Plan A Consulting can assist throughout the entire visa application process, from initial assessment of eligibility through to final lodgement. Our team has extensive experience with: