Financial Metrics:
- Net Business and personal assets: AUD800 000 -5
- 3 million 15
- 8 million 25
- 25 million 35
- Financial Metrics:
- Business turnover AUD500 000 5
- AUD1 million 15
- 5 million 25
- AUD2 million 35
- Innovation Registered patents or registered
designs 15
- Evidence of trademarks 10
- Evidence of joint venture agreements 5
- Evidence of export trade 15
- Gazelle business 10
- Evidence of receipt of grants or venture capital
funding 10
- State or territory nomination Special endorsement
(limited places) 10
Privileges of the Visa:
- Seek permanent residence by applying for a
Business Innovation and Investment (Permanent) visa (subclass 888).
- Travel in and outside Australia any number of
times.
- Bring family member along.
- Establish a new or develop existing business,
make designated and complying investments in Australia.
Investor Visa
- Be under 55 years of age.
- Score a minimum of 65 points in the point test.
- Have a total turnover of AUD 2.5 million in one
or more business in 2 out of 4 years before receiving the invitation to apply.
- Have a successful business career with no illegal
activities in the past.
- Be ready to invest
government-approved fund of AUD 1.5 million that has been
acquired in the last 1.5 years before being invited by direct
involvement into either of the two:-
Managing qualifying investment amounting to at least 1.5 million AUD.
Managing an eligible business where the applicant's total share is not less than 10
% of the business's total value.
- Have a minimum of three years of experience in
directly managing the eligible business and qualifying investment.
- Have a genuine interest and commitment to continue
business activity after the original investment has been matured.
- You and your partner own at least 2.25 million AUD
assets legally owned and can be transferred easily to Australia within 2 years of
visa grant.
Visa Obligation
After entering Australia, the applicant should maintain the designated investment for a
period of at least 4 years.
Point System
Factor Description Points
Age
- at time of invitation 18-24 (inclusive) 20
- 25-32 (inclusive) 30
- 33-39 (inclusive) 25
- 40-44 (inclusive) 20
- 45-54 (inclusive) 15
- 55 and older – you may be nominated by a state or
territory government agency if your business is of exceptional economic benefit, but
you cannot count your age towards the innovation points test 0
English language ability
- At time of invitation Vocational or higher – IELTS
5 on each of the four components of speaking, reading, listening and writing 5
- Proficient or higher – IELTS 7 on each of the four
components of speaking, reading, listening and writing 10
Qualifications:
- At the time of invitation, Australian trade
certificate, Diploma or Bachelor degree or a Bachelor degree recognized by the
Minister 5
- Bachelor Degree in Business, Science or Technology
recognized by the Minister 10
- Business experience At least four years of
business experience 10
- At least seven years of business experience 15
- Investment experience At least four years of
investment experience 10
- At least seven years of investment experience 15
Financial Metrics:
- Net Business and personal assets: AUD800 000 5
- AUD1.3 million 15
- AUD1.8 million 25
- AUD2.25 million 35
- Financial Metrics:
- Business turnover AUD500 000 5
- AUD1 million 15
- AUD1.5 million 25
- AUD2 million 35
- Innovation Registered patents or registered
designs 15
- Evidence of trademarks 10
- Evidence of joint venture agreements 5
- Evidence of export trade 15
- Gazelle business 10
- Evidence of receipt of grants or venture capital
funding 10
- State or territory nomination Special endorsement
(limited places) 10
- The Visa's privileges
seek permanent residence by applying for a Business Innovation and Investment (Permanent)
visa (subclass 888).
Travel in and outside Australia any number of times
Bring family member along.
Establish a new or develop existing business, make designated and complying investments
in Australia.
Significant Investor VISA
Significant Investor Visa is an intermediate stream between The Significant Investor
stream.
It is not required to meet the innovation point test for this visa. For this visa
stream, the applicant should spend at least 160 days out of 4 years on Business
Innovation and Investment (Provisional) (Subclass 188) visa.
Complying Investments for this Visa:-
Commonwealth, State or Territory government bonds
- Australian Securities and Investment Commission
(ASIC) regulated managed funds with a mandate for investing in Australia;
infrastructure projects in Australia
- Cash held by Australian deposit-taking
institutions
- Bonds issued by the Commonwealth or a State or
Territory government
- Bonds, equity, hybrids or other corporate debt in
companies and trusts listed on an Australian stock exchange
- Bonds or term deposits issued by Australian
financial institutions
- Real estate in Australia; and
- Australian agribusiness an
- Direct investment into Australian proprietary comp
Direct investment into Australian proprietary comp to be considered as Complying
investment they must meet the following criteria:-
- The company must genuinely operate a qualifying
business in Australia
- The applicant must obtain an ownership interest in
the company
- The company must be registered with ASIC; and
- The business must have an Australian Business
Number.
Applicants may invest in any of the above options and can change between these complying
investments.
The investment must be made and held by:-
- The applicant alone or along with their spouse or
de-facto partner
- A company where the total number of shares issued
is owned by the applicant alone or along with their spouse or de-facto partner
- Trust where either the applicant alone or their
spouse or de-facto partners together are included in the list of trustees or
beneficiaries.
- Agree to never complain commonwealth in case of
loss of capital arising from complying investment
Your partner or combined own at least 5 million AUD of assets legally owned and can be
transferred easily to Australia within 2 years of visa grant.
Obligation
Applicant must hold the complying investment for the entire tenure of the visa. However,
they can switch between different complying investment if:
- Reinvest several funds you withdraw from your
current complying investment should be reinvested into another within 15 days.
- The sum withdrawn should be equivalent to the sum
reinvested without considering and profit or loss due to its financial market
exposure.
How much the visa costs:-
- Business Innovation and Investment (Provisional)
(Subclass 188) visa- AUD 8,925 (Base Application Charge)
- Non- Internet Application Charge-N/A
- Additional Applicant Charge 18 and over- AUD 4,465
- Additional Applicant Charge 18 and under- AUD
2,235
- Additional charges:-
- Medical Examination:-To be paid directly to the
doctor conducting a medical examination
- Police check:-To the corresponding authorities in
the respective countries where you have lived for more than 6/12 months, depending
on the visa subclass
- Certification/Translation of Docs-Depending on the
certifying person and number of copies to be certified.
We at Visas Avenue provide you with invaluable advice on all your visa needs and
difficulties to make the migration journey pleasurable. We specialize in providing
advice and services for more than 40 countries in the world. For Australia visas, our
immigration specialists guide you for the document preparation giving weightage to every
minute details related to your case and prepare you for the visa interview process to
achieve a successful outcome.
To apply for relevant visa in Australia this year, you may contact Applecross Global
vastly experience Australia Migration expert on Toll-Free No. +91 9809 000 222 or you
can
drop us an e-mail at info@applecrossglobal.com
You may also fill the free assessment form to get a call back from our immigration
expert.
Disclaimer: Applecross Global does not deal with any job or job
assistance services. Applecross Global is not a job recruitment agent or job service
provider. Applecross Global does not offer consultancy on / overseas jobs/work
permits/international or domestic placements.