SELL YOUR BUSINESS TO OVERSEAS BUSINESS MIGRATION
. Business Innovation and Investment (188/888) Visa:
– Business Innovation Stream:
– Age below 55 (flexibility under certain circumstances).
– Business ownership or part-ownership for at least two of the past four fiscal years.
– Business and personal assets of at least AUD 800,000.
– Business turnover of at least AUD 500,000 in at least two of the past four fiscal years.
– Commitment to continue business or investment activity in Australia.
It’s important to note that these are general requirements, and there may be additional criteria, specific conditions, or variations for each visa stream.
It is recommended to consult with a registered migration agent or refer to the official website of the Department of Home Affairs in Australia for detailed and up-to-date information regarding the requirements for each visa category under the Business Migration Program.
SOME FACTS ABOUT THE GOVERNMENT'S PROGRAMME
REAL ESTATE FOR SALE
Gold Coast
spanish style bungalow ,
corner block ,
riverside enclave
sking $1.3 million
BUSINESS FOR SALE
ITALIAN FURNITURE IMPORTER AND RETAILER –
SYDNEY.
Asking $275,000.00 Plus SAV
Requirements
– Premium Investor Stream:
– By nomination only.
– No age limit.
– Net assets of at least AUD 15 million.
– Investment of at least AUD 15 million in complying premium investments.
– Flexibility to reside in any state or territory in Australia.
Business Talent (132) Visa:
– Significant Business History Stream:
– Ownership of a business with a turnover of at least AUD 3 million per year for at least two of the past four fiscal years.
– Net assets of at least AUD 1.5 million.
– Intention to establish, or participate in, a business in Australia.
– Venture Capital Entrepreneur Stream:
– Funding of at least AUD 1 million from an Australian venture capital firm.
– Intention to undertake entrepreneurial activity in Australia.
Temporary Activity (408) Visa:
– Business Innovation and Investment (Provisional) Stream:
– Relevant experience in business or investment.
– Ownership interest or management of a qualifying business for at least one year.
– Nomination by a state or territory government.
Business Innovation and Investment program
Australia has for many decades encouraged and welcomed migrants, who have proven entrepreneurial skills. This is because they benefit Australia in so many respects such as developing international markets, creating employment, introducing new or improved technology, and increasing competitiveness within sectors of the Australian economy.
Most business skills migrants initially enter Australia on a provisional (temporary) visa for 4 years. They may be Business Owners, Senior Executives or Investors. The objective for such migrants is to obtain a permanent visa which confers permanent residency status.
Permanent Residency Status can only be achieved if the migrant becomes involved in genuine business and /or investment activity. This will usually require the business migrant to take an equity position in an established business and remain involved in the daily management of the business or control of their investment activity. So the business migrant must use the term of the 4yr temporary visa to obtain an ownership interest in a business in Australia or maintain their investment in Australia for two years. If they fail to meet this requirement they will not be eligible to apply for a Business Skills Permanent (Residence) visa and may have to leave Australia.
Business Innovation & Investment (Provisional) Visa
– Investor Stream:
– Age below 55 (flexibility under certain circumstances).
– Net assets of at least AUD 2.25 million.
– Investment of at least AUD 1.5 million in an Australian state or territory government security for four years.
– Commitment to continue business or investment activity in Australia.
How your costs are minimised
- To be eligible for GSM Business Migration
- Have passed the normal criteria for entry into Australia
- Able to prove that can bring into Australia a minimum of $780.000
- Support themselves any family members they bring into Australia for Two years without government welfare support
- Be willing to buy a business
- Prove they have, for a period not less than four years, owned, operated or manage a similar business they intend to buy in Australia
- Skilled Sponsored (permanent) category the skilled applicant must agree to live and work in a low population growth metropolitan or regional area of Australia
– Significant Investor Stream:
– No age limit.
– Net assets of at least AUD 5 million.
– Investment of at least AUD 5 million in complying significant investments for four years.
– Flexibility to reside in any state or territory in Australia.
Phone Noel Currie 0418741814