There can be nothing as good and exciting than pushing the limits of your business, getting out of your comfort zone and moving to a new country. However, when the issue of moving abroad comes to the mind of business people, the first thought is investment immigration in Australia. You must have seen a lot of people wondering how to migrate to Australia but they don’t realize that the answer is as simple as making an investment and attaining a visa. All they have to do is to get cleared through the Australia immigration process and they will be good to go.
If you have the money to invest in a foreign country like Australia but don’t know much about the process, then this article is for you. If you are a high net worth individual who wants to establish enterprises in Australia, then you should get the assistance of professional immigration consultants in Lahore in putting up your case. However, here are a few general guidelines that you can take a look at before you start prepping your case.
When it comes to investment immigration in Australia, there are a few visa categories that have been classified by the government and you have to see which one you fall into.
- Business innovation stream
- Entrepreneur stream
- Premium investor stream
- Investor stream
- Significant investor stream
Well, the simplest category here is the investor stream, so let’s take a look at it.
Australia Immigration Under Investor Stream?
This is one of the most common categories for people who want to go through a successful Australia immigration process. This type of visa falls under the Subclass 188 and it is granted for up to 4 years. If you successfully manage to get hold of the visa under this program, you will be able to live in the country for four years. However, before you apply, you will have to make sure that you are eligible according to these guidelines:
- The first thing to consider while planning investment immigration in Australia is your age. In order to apply for this visa, you need to under the age of 50 years. However, in some cases, this rule is extended for up to 55 years but that happens in very exceptional cases and such a case is seen very rarely. If the government thinks that your investment plan is extremely tempting and lucrative, only then they extend the age boundaries. Otherwise, you are only eligible to apply if you are below the age of 50.
- For Australia immigration process under investment program, you will also have to exhibit proven management skills. You need to show that you have what it takes to make your investment worthwhile and that you can take it to the new heights of success. You have to show that you are capable enough of handling the investment you are making and that you can run a successful investment program.
- While planning about how to migrate to Australia, make sure that you can exhibit sufficient experience of business and your field. This is because the Government wants to see that you know exactly what you are doing and it is only possible if you have done similar work in the past. If you have handled small businesses in the past or have planned business investments that have turned out to be positive, then it would be considered as your constructive experience in your investment immigration in Australia.
- Your capabilities are not enough to get you through the Australia immigration process. Instead, you will also have to show that your previous track record in the industry is meticulously impressive and that you can pull off a business in Australia as well. Your failed business dealings in the past will only decrease your chances of getting a visa. No matter whether you have handled a small business or a big one in the past, as long as you have made it successful, it would be positive addition to your record.
- As you will be making a major investment in Australia, you need to make the government believe that you are serious about the investment and that you will increase the value of the investment. They have to believe that your interest in the investment is genuine and consistent and that your investment will be a contribution to their economy.
- Unlike other visa categories, when it comes to investment immigration in Australia, you also have to make them believe that you will live in Australia for at least 2 years out of the total 4. Only this way, you will be able to enhance the intended investment that you will be making.
- In order to go through a successful Australia immigration process, you will also have to invest AUD 1.5 million in some form and then hold the investment for the next 4 years. However, also make sure that the funds you are putting up should be derived from your previous business savings of some kind. However, there is no compulsion to the type of investment you should make. This is left to your choice and you can choose according to what interests you.
Difficulties with Investment Immigration Australia:
You must have heard a lot of people say that their visas have been denied even though they did everything the right way. People make a lot of mistakes while they apply for investment immigration is Australia. This usually happens due to the lack of proper guidance during their process. Here are a few reasons as to why your investment visa can be refused:
- You did not apply under the category that you fall in and you have mistaken your eligibility for a particular visa.
- You have gotten confused about the right procedure and have failed to apply the right way.
- You have provided false evidence or you have failed to provide all the evidence and the documents that were required.
If you want your immigration process to go off without a hitch, then you need to abide by the immigration rules and study through the regulations properly.