| Immigration To Australia |
Business Skills migration aims to attract business people with a proven record of business or investment activity who are committed to using their business and /or investment skills in Australia. There is a provision for Business Skills entry for business owners, senior executives and investors. The majority of business skills entrants will enter Australia initially on a provisional (temporary) visa for 4 years and, after satisfactory evidence of a specified level of business or investment activity, may apply for permanent residence. There is also provision for high caliber business migrants to obtain up front direct permanent residence if they have high level business attributes and are sponsored by a State or Territory .
Substantial concessions are available for the sponsored categories at both the provisional and permanent residence stages. State and Territory governments also provide a wide range of post arrival business- related services to assist Business Skills entrants in setting up their new business in Australia. Some of the important Business Skills Classes are: · Business Owner(Provisional) Category: For owners or part-owners of a business who have an overall successful business career for at least 2 of the 4 fiscal years immediately before the application is made. Your main business must have an annual turnover of A$500,000 and applicant and his spouse must have net assets in a qualifying business of A$200,000.The applicant must have vocational level knowledge of English. · State/Territory Sponsored Business Owner(Provisional)category: They must be sponsored by an appropriate regional authority of a State or Territory government, have an overall successful business career, for at least 2 of the 4 fiscal years immediately before the application is made you had an owner ship interest in a main business or a main business that had an annual turnover of at least A$300,000.You and your spouse have a combined business and personal assets of a value of at least A$250,000 which are acquired legally and a re available for transfer to Australia for the conduct of business. In addition you must have additional assets available to settle in Australia. Your age must be less than 55 years. · Senior Executive(Provisional) category: Senior executives need to show that they have an overall successful business career, for at least 2 of the 4 fiscal years immediately before the application is made, you have occupied a position in the three highest levels of the management structure of a major business in which you are responsible for strategic policy development affecting a major component. You and your spouse have a combined business and personal assets of a value of at least A$500,000 which are lawfully acquired and a re available for transfer to Australia within two years after grant of visa plus sufficient assets available to settle in Australia. In addition you must have vocational level knowledge of English. · State/Territory Sponsored Senior Executive(Provisional) category: Senior Executive must be sponsored by an appropriate regional authority of a State or Territory government, have an overall successful business career, for at least 2 of the 4 fiscal years immediately before the application is made you have occupied a position in the three highest levels of the management structure of a major business in which you are responsible for strategic policy development affecting a major component. You and your spouse have a combined business and personal assets have a net value of at least A$250,000 which are acquired legally and a re available for transfer to Australia for the conduct of business. In addition you must have additional assets available to settle in Australia. Your age must be less than 55 years. · Investor (Provisional) category: You are aged less than 45 years at the time of application and has vocational English, have an overall successful record of eligible investment or qualifying business activity, have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or your or your spouses investments of approx. A$ 1,500,000. The net value of your ( or your spouses combined) assets is A$250,000; For the two fiscal years immediately before the application is made and at the time of decision , you have made a designated investment of A$1,500,000. · State/Territory Sponsored Investor (Provisional)category: You are aged less than 55 years at the time of application , have been sponsored by an appropriate regional authority of a State or Territory government, you have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or eligible investments; you maintained direct involvement in managing your (or your spouses combined) eligible investments of approx. A$ 750,000. For the two fiscal years immediately before the application is made , the net value of your ( or your spouses combined) assets is A$1,125,000; and at the time of decision , you have made a Designated Investment of A$750,000. · Business Talent(Migrant) Category: To be eligible you need to show that you have been sponsored by a state or Territory government, you have an overall successful business career. For at least 2 of the 4 years immediately before the application is made , you(or you and your spouse together) had net assets in a qualifying business, in which you had an ownership interest of A$400,000 and businesses had an annual turnover of at least A$3,000,000. Further , you (or your spouses combined ) business and personal assets have a net value of at least A$1,500,000.Your age must be less than 55 years.
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