Knowing About Business Investment Visa

Knowing About Business Investment Visa

Australia is one of those countries in the world that have a good lifestyle, ample business opportunities, and green environment. It has some of the best educational institutions and universities of the world. One can very easily work and live there. If you want to do business there and are planning to live also, then you just have to get the right visa for that. Business Investment Visa is that visa which allows a foreigner to do business in Australia and live there.

What is Business Investment Visa?

The Department of Immigration and Border Protection (DIBP) of the Australian Government offers several different kinds of visas giving different stay periods. Some of them give temporary stay while others allow one to live permanently like a skilled independent visa. In this long list, there is a Business Investor Visa also.

Business Investor Visa comes in many different subclasses. The most basic one is the Business Innovation and Investment Visa subclass 188. It is a provisional visa that means it is just the required visa for you to do business in Australia. If you want permanent stay or some special permission for business, you can get another visa. But it is necessary first. The length of stay with this visa is 51 months.

Then there is Investor Visa that is subclass 891. This visa allows one to live in Australia while doing business. To get this visa one must have the business visa subclass 162 and already been working in Australia for 4 years with a designated investment of AUD 1.5 million. This visa is only for the big investors or who are running a large business and are planning to stay permanently in Australia.

How to apply for Business visa and the requirements

To apply for Business Investment Visa you must first understand the requirements that are needed to be able to get one visa. The general requirements are:
• You must have experience in owning or operating a business.
• The state government must have invited you to do business.
• You must be ready to invest at least AUD 1.5 million in the business
• Meet additional requirements of a particular business
• Meet the health requirements of the country.

If you have all these requirements fulfilled, then you can apply for the business visa. First of all, you will have to apply to the Department of Immigration and Border Protection of Australia. There you will have to submit your application with all the relevant documents required for your identification and stay and which explain your cause of business there. The department will check your application and then proceed with it. If your application is found to be in order, then you will have to give an interview and after that, you will be granted your visa.

The thing you need to understand here that this process is not as simple as it sounds. You need an expert in immigration law who can help you in your application and guide you through the process. Immigration Agent Perth can solve this purpose for you. They have qualified agents who can assist you in your visa process. For any further information on Australian Visa, contact Immigration Agents in Perth.