Excellence in Migration Services
Melbourne Australia
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We are Business Visa Specialists
Outline of the Business Skills Migration Scheme
Visas in the business skills stream are designed to allow visa holders to enhance the Australian economy by increasing commercial activity and competitiveness in the Australian work force by:
- developing links with international markets;
- facilitating the creation or maintenance of employment in Australia;
- exporting Australian goods and services;
- manufacturing goods or providing services in Australia which would otherwise need to be imported into Australia;
- introducing new technology.
Most successful business visa applicants are granted a 4 year temporary visa, and once they have successfully established their business, they can apply for a permanent visa. However there is a minimum 2 year period on the temporary visa before applicants can apply for the permanent visa.
The main business migrant groups comprise:
- Successful business people who are owners (or part-owners) of a business (or businesses) who wish to operate and own an Australian business;
- Senior executives employed by major businesses who wish to operate and own an Australian business;
- Business people who invest significant amounts of cash in "designated investments" in Australia;
- State/Territory sponsored business owners/senior executives.
What are the Key Criteria Prospective Applicants must meet for a Business Skills Visa?
- Firstly, all applicants must be able to demonstrate a successful business career and must have been actively involved in the both the strategic and day to day management of their business(es).
- Except for senior executives, applicants must also demonstrate a substantial ownership interest in their existing business(es). These businesses must be of a minimum size. Very small businesses (such as owner operator businesses) are excluded, as are businesses where the majority of the income is generated by the business owner personally providing a personal service (such as dentists, architects, computer consultants, etc).
- All applicants must also have a genuine and realistic intention, and the financial means, to either purchase an existing business in Australia, to establish a new business in Australia, or in the case of an investor business migrant, to invest significant amounts of cash in "designated investments" in Australia.
- The financial criteria applicants must meet in relation to demonstrating the size of their existing business(es) and their current net wealth is significantly reduced for applicants who propose to seek "sponsorship" (meaning approval of their proposed business venture) for their proposed Australian business from an Australian State or Territory Business Development Agency.
- Applicants must also meet good health, certain age limits, good character, and English language proficiency criteria.
Genuine Business Criteria
Except for investment linked business visa applicants, applicants must show that they are genuinely interested in establishing a business in Australia or in participating in an existing business in Australia. A number of factors will be taken into account in assessing the applicant's business case, including research by applicant into the Australian business environment and the degree and scope of planning undertaken for setting up the business in Australia. The business must also be able to demonstrate potential benefits to Australia.
Designated Investment Business Skills Visa
This visa is for investors who have had a successful business or investment record and agree to make a designated investment in Australia of at least $1.5million, and have over $2.5 million in business and personal net assets. Applicants for this visa must be able to demonstrate that they have actively and successfully managed investments over a number of years.
How do we add value to the application process
We have all the necessary "in house" financial expertise, knowledge and experience to prepare, present and manage business migration applications for our clients. We will critically appraise your business case and provide you with recommendations to enhance the probability of your visa application being successful. As with all of the visa applications we prepare, we will ensure your application is supported by quality and verifiable documentary evidence. Should you so require, we can assist you with formal business planning, preparing your business plan, feasibility studies, project evaluation, and financial forecast calculations, as well as with the wealth of business knowledge we have acquired over many years experience. We can also assist with with the preparation of the sponsorship application to a Australian State or Territory Business Development Agency.
Our service does not stop once you are granted a visa. We can assist you with the many tasks of setting up and operating your Australian business. By drawing on our local knowledge and and our wealth of business experience you will find it easier to quickly assimilate the Australian business culture and your Australian business will prosper in no time at all.
© Copyright 2001 Adex Consulting Pty Ltd
Last updated April 2008