Residence permit of Australia through investment
Business innovation and investment programs in Australia operate at the legislative level and are designed for entrepreneurs and wealthy people. The decision and process of verification of financial investments is regulated by the law "On Foreign Acquisitions and Takeovers", as well as the Federal State Policy in the field of foreign investments in the country. An Australian residence permit allows you to obtain permanent residence after 4 years and then citizenship after 1 year of residence in the status of a permanent resident of Australia. According to the rules of the Australian migration law, it is allowed to include family members, as well as all financially dependent relatives of the investor, in the application for obtaining a residence permit in Australia. Each applicant must meet the specific requirements of Australian immigration law, namely knowledge of English, experience in a particular business, no criminal record and age under 55 years.
Australian residency priorities:
STAGES OF OBTAINING A RESIDENCE PERMIT IN AUSTRALIA THROUGH INVESTMENT:
choice of investment program;
implementation of the necessary capital investment;
obtaining government approval;
pass the Australian Department of Immigration and Border Protection SkillSelect online test with a score of at least 65;
due diligence;
submission of documents for a temporary visa, an application, a certificate of business registration, confirmation of entrepreneurial experience, a business plan, bank statements on the state of the account and financial assets, as well as confirmation of your business reputation;
registration of the status of a permanent resident of Australia.
AUSTRALIA RESIDENCE OPTIONS:
"Business Innovation stream" - this program is designed for those wishing to create a new or develop a pre-existing business in Australia. Under the terms of the Business Innovation Stream program, the applicant is required to take an active part in the management of the company in a senior position. A SkillSelect qualification test is required to demonstrate experience in managing a business with an annual turnover of AU$500,000 or more in the last two out of four years. Before submitting documents, it is required to have personal funds of more than 800,000 Australian dollars. After 2 years after receiving a temporary subclass 188 visa (permit), the applicant can apply for a permanent subclass 888 visa (permanent residence)
The "Investor Stream" program provides for investing from 1,500,000 Australian dollars in the economy of a certain state of the country, as well as maintaining the contribution for four years and the obligatory conduct of active business in Australia. When obtaining a temporary visa, you must first obtain approval from the government of the state, as well as pass the "SkillSelect" test and prove the availability of funds in the amount of at least 2,250,000 Australian dollars. A mandatory one of the conditions is the applicant's three years of experience in managing one or more business projects. After four years, it is possible to apply for a permanent residence permit in Australia
"Significant Investor stream" for the program, it is necessary to make a contribution of at least 5,000,000 Australian dollars and maintain them for four years:
- According to the program, 500,000 Australian dollars will be used to finance start-ups and private companies;
- A minimum of AUD 1,500,000 will be used to invest in growing businesses;
- AU$3,000,000 will be used in a balanced investment in the country's managed funds
"Premium investor stream" obtaining this residence permit is possible when investing from 15,000,000 Australian dollars in exchange-traded assets in government and corporate bonds, bills, as well as in private limited liability companies in charitable foundations of the Australian states, real estate (excluding residential) . The entire investment amount must be available for use and transfer to Australia. After one year of residence, it is possible to apply for permanent residence under the main condition of continuing investment activities
The Entrepreneur Stream of Residence Permit under this program requires prior approval from an Australian state or territory government or agency. The minimum investment is A$200,000. It is required to provide a business plan that confirms the receipt of economic benefits for the state from innovation and development of this business in Australia. It is possible to apply for permanent residence in four years, subject to successful business activities and the creation of mandatory jobs for the population
Cost of support for obtaining an Australian residence permit:
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