Business Visas available?

Kizzylady

Would anyone know the answer, my question is this- if you buy a business in Oz(eg.convenience store/cafe etc.)while still in Ireland are you automatically granted a working visa in order to go and run your new business. Thanks in advance.

mandrake04

Not that simple.

return guide

mandrake04 wrote: »

Not that simple.

Can you enlighten us ?

mandrake04

return guide wrote: »

Can you enlighten us ?

It can be done on a Provisional (temporary for 1st 2 years) Investor visa if you got a spare $1.5M

Age

You must be less than 45 years old.

Designated Investment

At the time of the decision you have made a government approved Designated Investment of AUD1,500,000 in a state or territory of Australia. This amount must be available for transfer to Australia within a reasonable period when requested.

English level

You must have a vocational level of English. To show this you must you have one the following:

have evidence you are a native English speaker
undertake the International English Language Testing System (IELTS). You need to take the general training test, and must achieve a band score of at least five from a maximum of nine, for all four components of the test; speaking, reading, listening and writing. (Your IELTS test results may not be more than 12 months old when you apply)

Business career

For at least one of the five fiscal years immediately before you apply:

You have maintained direct involvement in either managing a main business in which you (or you and your partner together) had an ownership interest of at least:
51 per cent of the business where the turnover is less than AUD400 000 per annum
30 per cent of the business where the turnover is AUD400 000 or more per annum
10 per cent where the business is a publicly listed company
or
You maintained direct involvement in managing your (or you and your partner's combined) eligible investments. The total value of that investment was at least AUD1,500,000.
Business experience

You have an overall successful record of eligible investment of qualifying business activity.

You have a total of at least three years experience of direct involvement in managing one or more main businesses or eligible investments.

You have demonstrated a high level of management skill in relation to an eligible investment or qualifying business activity.

Business record

You (or your partner) have never been involved in unacceptable business or investment activities.

Committed to business in Australia

You have a commitment to develop and maintain an ownership interest in a business in Australia and you must maintain direct and continuous involvement in the management of that business.

Net assets

The net value of your (or your and your partner's combined) assets was at least AUD2,250,000 for the two fiscal years immediately before you apply.

Health requirement

You must meet health requirements to enter Australia.

Bear in mind this in only for 2 years and PR is not guaranteed.

Kizzylady

Thanks for that mandrake04