Australia is one of the preferred destinations as a country offering numerous growth opportunities for immigrants to create a bright future. A peaceful life, advanced transportation and communication, friendly people, outdoor lifestyle, good health care facilities, stable economy is available for applicants planning to apply for Australia PR. With numerous immigrants with a stable work experience and entrepreneurs looking for multicultural society to live and invest in Australia is becoming a preferred choice.
Often people enquire how to apply for permanent residency by investment in Australia 2021? Australia has vast requirement of skilled labors in industrial sectors of Australia along with need of boosting economy. With this there has been an increase in business innovation and investment visa subclass 188 which provides opportunity to get permanent residency by investment in Australia 2021.
Permanent Residency by Investment in Australia: Business Innovation and Investment Visa
In case you are an Indian looking for PR by Investment in Australia 2021 then 188 visa is for people who have business experience/skills or wish to own and manage a new or existing business in Australia or they can invest in Australia state or territory. Subclass visa 188 is a temporary visa that allows you to apply for PR visa through business innovation and investment visa subclass 888 on meeting the criteria.
There are three permanent residency by Investment in Australia 2021 business innovation stream, investor stream and significant investor stream. One of the promising opportunity for Indians planning to apply for PR by Investment in Australia is business innovation stream.
The visa would allow you to own and manage a new or existing business in Australia or invest in Australia. Secondly, successful applicants can travel in and out of Australia for duration of your visa for 4 years. Thirdly, you can bring eligible family members with you to Australia -your dependent children and spouse. Moreover, you can seek permanent residence by applying for visa subclass by investing in Australia. Once you hold a visa in the business innovation visa and you wish to extend the visa you could consult your Australia business investor visa consultant in Chandigarh.
Eligibility requirement for Permanent Residency by Investment in Australia 2021
Following are the business innovation stream requirement for applying for PR by investment in Australia 2021:
- Your age should be under 55.
- You would be required to score minimum 65 points in the point test.
- Further, you should own a business with a turnover of AUD $500000 in 2 of the last 4 financial years.
- Also you should hold net personal and business assets of AUD $800000 which could be transferred to Australia.
- You would be required to stay in Australia for running the planned business.
- There could be certain other requirements depending on the state or territory you are planning to apply in. Contact West Highlander, your Australia business investor visa consultant in Chandigarh.
- You would be required to be nominated by a State or Territory Government and received an invitation to apply.
- Ensure you are not involved in unacceptable business activity.
- You and your eligible family member must meet the health and character requirements.
Why West Highlander for PR by Investment in Australia 2021 application?
- Investing in Australia is a huge decision involving a huge capita and time.
- You would require someone who is an expert and has experience in handling such a life changing path requirements.
- We offer free of charge consultation so that we can understand your requirements and provide you with genuine suggestions as per your requirement. Also ensuring we understand the case requirement as no two cases are same.
- We at West Highlander have 15 years of Excellency in immigration assistance.
- Our team has been involved in ensuring highest application success rate for the last 15 years and continuing.
- We are updated with the latest immigration requirements and offer transparent & affordable services.
- We are the best Australia business investor visa consultant in Chandigarh.
- We ensure high efficiency and effectiveness in our efforts to get you results.