How to Start Business in Australia
How to Start Business in Australia Using Business Visa If you are thinking to start business in Australia.
You think that you are able to do business in Australia So you're at the right place because in this article i'll shared all details that you required to start business in Australia.
Business Innovation Visa
Subclass 188 Visa
- Business Innovation Stream
- Investor Stream
- Significant Investor Stream
- Business Innovation Extension Stream
Investment : $300,000 to 400,000 (Business Innovation Stream).
- You need to own one more business for the last two to four years, with a profit of less than $ 500,000 Australian dollars.
- Ownership: 1. You need 51% of a business with a profit below or equivalent to 400,000 Australian dollars. 2. You need 51% of a business with a profit of more than $ 400,000 Australian dollars.
- You need a nomination from the Australian government, the national government.
- you are 55 years or younger you can only apply.
- Point 65 you should, get points.
- Applying for PR You need to be in Australia for one year for two years under a 888a visa.
- $ 800,000 in Australia for your business or property, which must be legally acquired and must be converted to Australia within two years from the date of the first visa, the assets of your spouse or partner are included in this amount.
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- You need proper documentation of the amount of money you are claiming such as gold certificates, asset valuation etc.
- the amount you are claiming should have been equal to or more than three years ago, you cannot create a valid 1 year form for this visa.
- 14-18 months required to take this visa, it is actually processing time, if you apply visa in august 2020 so you can expect visa in Feb 2022.
- No IELTS Required, If you offer IELTS you will get more points but if you don't just need to pay $ 9795 per major applicant and $ 1345 per additional applicant in the Department of Liberation or if you study for 5 years in English then you don't offer 'I need to pay, benefits business and investment visa.