Business Visa is a type of visa that makes it easier for high-earning, business-minded individuals to establish or invest in a business in Australia. It also has an 11th-placed GDP and allows tourists & temporary workers to enjoy multiple visits without being overburdened by foreign taxes. Australia offers an exciting and diverse variety of colorful experiences that includes wonderful cityscapes, spectacular coastlines, and cultural history.
With so many cultures coming together, you may find yourself enjoying the best from all over the world! Australia invites business-minded people to apply for a Business Visa. Not only does it provide an affordable option with access to state government support, the ideal place for business & flexible work permit options, but it also offers a successful path if you’re ready.
Australia has been a hotspot for entrepreneurs in the world and supports immigration to grow our economy. The Business Visa is set up to help foreign entrepreneurs who want to come and start their business here but still maintain citizenship back home.
To apply for an Australian Business Visa, you’ll need to follow:
With a sound economic framework for companies to use, Australia is a great place to start a company or invest in. Investors have complete confidence that the country’s competitive markets will provide the power and stability they need, while businesses outside of Australia see the country as one which takes on modernity.
(PROVISIONAL) visa subclass 188 – This visa allows you to establish & manage a business in Australia, conduct business within the country or take on an entrepreneurial adventure.
(PERMANENT) visa (subclass 888) – As an extension to the visa holders of 188– Business Innovation and Investment (Provisional) in the Business Innovation stream or the Business Innovation Extension Class.
Business Talent (PERMANENT) visa (subclass 132) –This visa is geared towards high-net-worth individuals who plan to establish, contribute, or manage a new business.
Business Owner (subclass 890) – Those with this visa type can also stay indefinitely in Australia, which makes it a great option for those who have already started their business or plan to start one soon.
The Investor Visa (subclass 891) –This visa allows one to stay in the country indefinitely.
State or Territory Sponsored Business Owner visa (subclass 892) – This visa is designed to encourage entrepreneurial activity within the country and entice successful business owners to take up existing business opportunities.
State or Territory Sponsored Investor visa (subclass 893) – Individuals who have received sponsorship by a state or territory are eligible for this visa in Australia. This permanent resident visa is only available to immigrants who timely apply for this investor visa.
Business Visa Processing Time
While processing time can vary from one subclass to another, it usually takes 20-24 months for the status of an Australia business visa to be updated.
Because of the very low number of applicants for business visas, the immigration office does not specify how much time it will take for them to process your application for a business visa.
Know how long you could stay in Australia on a business visa?
Visas for Australia is a guaranteed opportunity to stay and run your business in Australia, the provisional visas subclass 188 allows you to stay in Australia for 4 years and 3 months by providing a pathway to permanent residence through Visa 888.
Do you need a Business Visa in Australia?
Here are the requirements:
To qualify for a Business Visa, the Immigration Department of Australia laid out some prerequisites that an applicant must meet. The following are just a few:
- Nominated by a state or territory government
- Receive an invitation from Skill Select to apply for a visa
- Business experience is important if you want to work in this industry, so we recommend that you make sure it’s relevant.
- Have at least $1.5 million to invest
- In order to meet the additional requirements of the relevant stream, it is essential to work with a skilled CPA( CPA is a certified public accountant).
- A health and character requirement ensures that the applicant has no health issues.
- If you’re applying for permanent residence, then you’ll need to hold a provisional visa. The most commonly accepted visas are 888, 890, 891, 892 & 893.
Business Visa Documents
Though the list of documents required for various visas may vary, here’s a general overview of what you’ll need to get a Business Visa for Australia.
- Visa Application forms.
- Business owner’s passport contains the name, photo & signature of the owner. The notarized document is signed & dated by a notary public.
- 2 Color photographs.
- Ensure that your company displays engagement and continuing contributions from the team.
- Income Tax Papers
Benefits of a Business Visa
Australia Business Visas provide a number of benefits by allowing travelers to explore opportunities in Australia and speed up the immigration process.
- You could live indefinitely, work, and study in Australia.
- Get a state-of-the-art plan for health, medical care, and much more.
- Sponsor eligible dependents for permanent residence.
Visa-related fees associated with an Australian Business visa
Australian business visa fees differ from AUD2,405 to AUD7,290.
What we offer?
- The Australian Immigration office is the foremost agency for receiving and processing visa applications. We have an in-depth understanding of local laws and regulations, helpful advice from experienced migration counselors, and quick turnaround times.
- We also offer additional services such as: Doing away with multiple trips to the embassy/consulate to submit multiple visa application forms.
- Letter of Invitation (LOI) to support your application for a personal invitation by a sponsor in Australia.
If you want to work as an Australian business owner or an international entrepreneur, then you need a business visa. The process for obtaining one is simple but it can take time depending on your circumstances. Ozee Migration can help you get started on your application.
For more information, you can at any time contact our visa consultant in Adelaide.
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