Australian Small Business Visas: Are you a would-be business owner who wants to start a small business in Australia? If so, you might wonder what kind of visa you must apply for to start your business.
In this thorough guide, we’ll look at the different small business visas that foreigners who want to start a business in Australia can get.
Business Innovation and Investment (Provisional) Visa (subclass 188)
With the Business Innovation and Investment (Provisional) Visa (subclass 188), you can quickly own and run a business in Australia. To get this visa, the Australian government must invite you to apply and meet specific requirements, such as having a great business career and a lot of money to invest in your new business.
After getting this visa, you’ll have four years to establish your business in Australia. If you are successful, you can use the Business Innovation and Investment (Permanent) Visa (subclass 888) to apply for a visa to live there permanently.
Business Talent (Permanent) Visa (subclass 132)
The Business Talent (Permanent) Visa (subclass 132) is a permanent visa for high-quality business owners ready to invest in Australia’s economy. To be eligible for this visa, you must be recommended by a state or territory government agency and meet specific criteria, such as having a successful business career, a lot of money to invest in your new business, and a real desire to keep doing business in Australia.
With this visa, you can move to Australia, start or run a business there, and stay there forever. After some time, you can also bring your family and apply for Australian citizenship.
Business Owner Visa (subclass 890)
With the Business Owner Visa (subclass 890), you can permanently own and run a business in Australia. To be eligible for this visa, you must have had a Business Innovation and Investment (Provisional) Visa (subclass 188) for at least two years and meet certain criteria, such as having a successful business career, a lot of money invested in your business, and a real desire to keep doing business in Australia.
With this visa, you can live and work in Australia forever and bring your family members with you. After a certain amount of time has passed, you may also be able to apply for Australian citizenship.
Investor Visa (subclass 891)
The Investor Visa (subclass 891) is a permanent visa that lets you invest in Australia and live there forever. To be qualified for this visa, you must have held a Business Innovation and Investment (Provisional) Visa (subclass 188) for at least four years and meet certain criteria, such as having a track record of successful investments and a lot of money invested in Australia.
With this visa, you can live and work in Australia forever and bring your family members with you. After a certain amount of time has passed, you may also be able to apply for Australian citizenship.
Entrepreneur Visa (subclass 188)
The Entrepreneur Visa (subclass 188) is a short-term visa that lets you start a business in Australia. To get this visa, you must be nominated by a state or territory government agency and meet certain requirements, such as having a good track record as an entrepreneur and a real desire to start a business in Australia.
After getting this visa, you’ll have four years to establish your business in Australia. If you are successful, you can apply for a stable job under the Business Talent (stable) Visa (subclass 132).
Temporary Activity Visa (subclass 408)
The Temporary Activity Visa (subclass 408) is a short-term visa that lets you do various things in Australia, like work in a skilled job, do training or study, or go to cultural or sporting events. To get this visa, you must be sponsored by an employer, organisation, or government body and meet specific requirements, such as having the right skills and qualifications for the activity you will be doing.
This visa is for business owners who want to visit Australia briefly to do market research, attend business meetings, or look into possible business possibilities.
In conclusion, businesses from other countries who want to start a business in Australia can choose from several small business visas. Each visa has its standards and rules for who can get it, so it’s essential to consider carefully which visa will work best for you.
If you need help deciding which visa to apply for, you should talk to a qualified migration agent or lawyer specialising in business visas for help.
We hope this complete guide to Australia’s different small business visas has helped you understand them better. You can make your business dreams come true in Australia with the correct visa and a good business plan.
Australian Visas Summary:
- Australian small business visas are available to overseas entrepreneurs.
- Some visas demand a strong business career and considerable assets to invest in the firm.
- The Entrepreneur, Temporary Activity, Business Owner, and Investor visas are short-term and permanent.
- Foreigners can run a business in Australia on the Business Innovation and Investment (Provisional) Visa before applying for a permanent visa.
- A knowledgeable migration agent or business visa lawyer is recommended for individuals who need clarification about which visa to apply for.
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