Visa applicants must adhere to specific criteria outlined for their respective visa subclass. These criteria may encompass requirements at the time of application lodgment, at the time of decision, or a combination of both. Failure to demonstrate compliance with the criteria at the appropriate time may result in visa refusal. Health, character, and public interest criteria are mandatory across all visa subclasses.
Permanent residents are obligated to spend a minimum of two years out of a five-year period in Australia or exhibit substantial ties to the country to maintain their residency status.
The Australian visa application process operates within a well-defined framework governed by laws, regulations, policies, and legislative instruments. Processing times vary significantly based on the visa type. The Department of Immigration prioritizes visa processing, with skilled visas given precedence over family visas due to their greater benefit to the nation.
Business Innovation and Investment Program
The Business Innovation and Investment Program consists of four visa streams:
- Business Innovation Stream: Applicants must pass a points test, demonstrate a successful business history with a turnover of at least AUD 750,000, possess net assets of AUD 1.25 million, maintain substantial ownership and management of an Australian business, and reside in the country for a minimum of one year.
- Investor Stream: Candidates must pass a points test, invest AUD 2.5 million in a complying Australian-managed investment fund for the duration of the provisional visa, and reside in Australia for at least two years.
- Significant Investor Stream: Individuals must commit at least AUD 5 million to a complying Australian-managed investment fund for the provisional visa period and reside in Australia for an average of 40 days per year.
- Entrepreneur Stream: Applicants require endorsement by a state or territory government and must reside in Australia for a minimum of two years.
These temporary visas provide a pathway to permanent residence after three years, contingent upon meeting specific residence and investment or business turnover criteria. The initial visa validity spans five years.
Australia has a low unemployment rate and skills shortages in many professional and trade occupations bring skilled workers to Australia each year on long-term work visas. Statistics show that the majority of these workers, once settled, decide to stay on in Australia through the permanent employer sponsored visa options.
Benefits:
ECONOMY
Australia’s economy has proven to be resilient through the global financial crisis and with our proximity to Asia the future is rosy with continued growth expected.
EDUCATION
Australia has a high standard of education and many students come to Australia to receive a top level university education. There are currently more than 350,000 international students in Australia and the international education sector continues to provide significant contributions to society and the economy, demonstrating that Australia is still a great place to study and experience life in Australia.
Lifestyle
Australians love their laid-back lifestyle. Work-life balance is an art-form many Australians have perfected. Family picnics and gatherings, parties, and a day at the beach are all essential parts to the Australian way of life. Australians are blessed with fresh produce and there are many wonderful restaurants, and markets to enjoy. Apply Now
CLIMATE
Australia has a temperate climate with mild winters and warm to hot summers. The north of Australia is tropical and the south is cool in winter and hot and dry in summer. Victoria and New South Wales enjoy a regular snow season in the high country during winter, but it is the many hours of sunshine and long balmy evenings that attract migrants to Australia, especially those in the UK and northern Europe seeking to escape the long dreary winters.
Quality of life
There’s no doubt that Australians enjoy a high quality of life. With plenty of fresh air, low pollution levels, and a low population in a vast country of superb natural landscapes and breathtaking scenery many choose to make Australia their home simply for the beauty of the place. With a coastline over 36,000 kilometres and countless beaches Australians gravitate to the coast. Australia protects its natural heritage with over 500 national parks.