Tuesday 8 September 2015

Business And Investors Programs in Australia

Down Under is a haven for the people involved in business activities; as the Australian government promises appropriate statutory support to the people doing business and making investments. This aspect has also attracted the people from overseas having intentions of entering this southern hemisphere country and involving themselves in commercial activities.

Immigrant businessmen and investing individuals have in a way brought immense success for the Australian economy; as the people entering the country and establishing their own ventures have not only boosted the economic activity in the country by investing their business expertise and funds but also brought along their much valuable contacts and networks. This may seem to be an irrelevant thing, but it has helped Aussie economy to establish itself firmly on the global map of Business economy.

Australian government, in order to reap rich benefits from entry of entrepreneurs and individuals intending to bring in investments Into Australia, has launched several attractive initiatives under Business and Investors Programs. These schemes have been designed with lucrative terms and conditions that offer multiple benefits to the applicants applying for and gaining entry into the country on the basis of their expertise and investible funds.

The Australian Business and Investors Programs have been clubbed under the state sponsorship scheme; these schemes are run and managed by the government of 6 Australian states and two major mainland Aussie territories, namely:

  • New South Wales (NSW); 
  • Queensland (QLD); 
  • South Australia (SA);
  • Tasmania (TAS);
  • Victoria (VIC); 
  • Western Australia (WA);
  • The Australian Capital Territory (ACT); and 
  • The Northern Territory (NT)

These states and territories run and manage their own individual schemes and select the applicants from the SkillSelect pool as per their choice and convenience. The applicants, on other hand, must create and submit their individual EOIs on SkillSelect and indicate the states or the territories which they would love to be chosen by. The Australia Business and investment scheme has been divided into following two major categories:

  • Permanent residence – direct entry; and 
  • Temporary residence.

The direct entry – entrepreneur and Investors Program better known as Business Talent scheme – leads to grant of permanent residence visa under section 132 – business talent. This scheme has been exclusively designed to target individuals with high net worth and significant business and investment exposure. These applicants are expected to be aged below 55 years; have an investment in multitude of AUD 400,000 in designated investments – sustained for at least two years in previous 4 year period immediately before placement of EOI – to their credit.

The temporary business and investment entry permit – Business and Investor Program better known as Business Innovation and Investment – allows the immigrants to work and reside in the country for a period up to 4 years. This permit as names suggests, is a temporary arrangement, but allows the permit holders to apply for and obtain permanent residence – through subclass 888 – in the country after successful attainment of the stay under the allotted category.

The subclass 188 , Business And Investors Programs in Australia, has been further bi-furcated into 4 classes; these classes – target  distinct categories of applicants – are named as following:

  • Business Innovation stream – this scheme intends to invite immigrants intending to set-up and run their own commercial enterprises in the country; 
  • Investor stream – the scheme targets the people planning to made a qualified infusion of funds in tune of AUD1.5million in an Australian state or territory and sustain their activity in Australia;  
  • Significant Investor stream – targets immigrants intending to infuse funds in tune of AUD5million into qualifying venues; 
  • Premium Investor stream – for immigrants with a plan of parking funds in tune of AUD15million into approved venues.

Interested persons contact us at- anil@abhinav.com , for 100% free assessment by our immigration experts. Or Fill the link form - http://goo.gl/forms/LdOf8NdQ7J

Source: https://www.linkedin.com/pulse/business-investors-programs-australia-anil-kumar?trk=hp-feed-article-title-share

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