Australia remains one of the most attractive destinations for those seeking permanent residence abroad. Apart from offering endless settlement opportunities to skilled professionals/workers around the globe; the country is becoming part of a greater global business/investment landscape and often termed as a safe haven for investors as international money is flowing into Australia.
A number of global expats are moving to Australia with the idea of either establishing a new business or purchasing an existing one. Abundance of natural resources, its flourished market & continue real estate developments make Australia a promising land to invest or conduct business.
If you intend to start your own business and have required funds and expertise to do so, then you will be considered an investor or a business owner and will find it much easier to get a permanent residence visa. Australia Business Innovation provisional visa Subclass 188 will help you do exactly the same. If you have great business skills and own personal and business assets of at least AUD 800,000, then this is the best Australian Permanent Residency pathway for you.
Subclass 188 Business Innovation provisional visa is for people with business skills and allows them to operate a new or existing business in Australia. Under this visa, applicants can travel to, enter and remain in Australia for up to 4 years and 3 months and also can bring their eligible family members in Australia.
The visa also offers applicant a pathway to apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream.
However, in order to be eligible to apply for this visa, you must be:
- be under 55
- nominated by an Australian State or Territory government agency
- scoring at least 65 on the points test
- own personal and business assets of at least AUD800,000
- have a successful business career and a genuine desire to continuously own and manage a business in Australia
- have functional English
- meet health & character requirement
Why to consider obtaining Australian Permanent Residency under Business Innovation provisional visa Subclass 188
Starting or Purchasing a Business in Australia under Subclass 188 offer applicants the opportunity to secure Residency status in the Australia, which further provides expatriates and their families with access to a world of exclusive benefits, including:
- Freedom to live, work & study anywhere in Australia
- Pathway to Australian Citizenship & passport
- Access to extensive social security benefits, free school education and subsidized world class university education, healthcare, unemployment insurance and child care allowance
- Affordable quality housing
- Right to sponsor eligible family members
Be A Part Of Booming Australian Economy With The Guidance Of WWICS!!
The potential of Australia to become the world’s most promising business & investment destination is very high. Therefore, now is the high time to start looking for opportunities there.
World’s largest immigration group – WWICS has over twenty six years of experience helping people immigrate to countries all over the World. If you feel you can meet the conditions for an Australian business visa please share your details by filling in the form. Our team of investment experts will review your eligibility & contact you soon to discuss your options!!