Types of Business Visa for Australia You Should Know

Australia is one of the best places to start a new venture or take your business to a foreign land. The economic condition of the country is stable. The Australian government keenly invites investors from all parts of the world to invest in Australia in various legal fields like mining, IT, construction, farming, and much more.  Your business plans to Australia would become successful through a suitable business visa plan to Australia. Let’s learn about them.

Business Owner Visa

It falls under the Subclass 890. The visa is well suitable for those businessmen who want to own and manage a business in Australia. It allows you to stay in Australia for an indefinite period. The visa will make you eligible to sponsor relatives for permanent residence. You can apply for Australian citizenship. To meet the residence requirement, there is no age limit for the visa. You will have to show the turnover of your business according to the estimated amount decided by the Home Affairs of Australia.

Investor Visa

The visa is somewhat like the Subclass 890. The age limit of the visa is under 55 years. You must have at least 3 years of work experience in one or more than one business. You must have a high level of management skill in relation to the eligible investment or business activity. The work record of the business must be positive. Foreign investors must be living in Australia for around 24 months and have to show the estimated turnover.

Business Talent (PR) Subclass 132

It is a permanent visa that allows you to start a venture or develop an existing business in Australia. The visa has two streams. It is a well-suitable visa for those applicants who have a significant business history. A high-caliber business owner can apply to the visa. It is a well suitable visa plan for those who have sourced venture capital funding from a member of the AVCAL. The visa is granted when you have been nominated by a state or territory of the Australian government. The business venture can stare in Australia if you have met the required net business and personal assets with the estimated annual business turnover.

If you are keen to set up a business in Australia and have no idea how to look for the right business visa, contacting a reliable registered visa agency is an excellent step. The agency can make your pathway for the business visa smooth.


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