Wealthy entrepreneurs and those with significant assets may be eligible to apply for an Australia Investor Visa, which permits you to live and invest in Australia and to eventually obtain permanent residence if desired.
This fantastic opportunity benefits you by allowing you to live and work in one of the world’s major economies and safest countries: Australia. As with all visas for Australia, however, there’s quite a bit of planning and paperwork involved should you be eligible to apply.
What is an Investor Visa?
Investor visas fall under subcategory 188 of the Australian Government Department of Home Affairs. They permit you to live and invest in Australian businesses as well as the opportunity to come and go as you please (they’re multiple-entry) for up to four years and three months. You can also bring family members with you such as your spouse and children.
Lastly, and perhaps most importantly depending on your motives, you can prolong your stay in Australia by applying for permanent residence. Being a permanent resident of Australia is certainly an advantage, as you’ll have most of the rights and responsibilities of a full citizen and may be able to become a citizen thereafter.
Eligibility for an Investor Visa
The investor visa requires that you invest no less than $5 million AUD as follows:
- $500,000 in venture capital and growth private equity funds in small companies and startups;
- $1,500,000 in managed funds approved and listed on the Australian Stock Exchange;
- $3,000,000 in managed funds. These can be bonds, notes, companies, real estate, and more.
These funds must be invested for at least four years, so you’ll have to have the intention of genuinely holding those investments. You must also be nominated to apply by an Australian State or Territorial government agency.
You must also:
- Have a functional command of the English language (although you may still apply without it, it will certainly help avoid additional fees);
- Meet the Health Requirements;
- Be of good character and respect Australian values (respect to the way of life and obedience to laws in Australia);
- Have no outstanding debt to the Australian Government;
These listed points each contain many smaller sub-points that are worthy of consideration. For example, meeting the Australian values commitment is more than a simple tick box on a form; you’ll need to understand what this entails and which documents to sign off on.
Why Choose a Migration Agency for Investor Visas
Naturally, all of the above criteria and stages can take quite a bit of time and effort to go through. It’s important that every step of the application process is done properly to avoid delays or rejections, so go through all of the processes yourself when a reputable migration agency can handle the application professionally on your behalf?
How Much Does an Investor Visa Cost?
For many, settling in Australia is a priceless opportunity. But when it comes down to hard facts over poetic sentiments, there’s a cost associated with the application for your investor visa in addition to the quantity invested. You should budget no less than $7,880 for the initial application for yourself. Be prepared to pay more for second installments or for family members.
Visa Plan Australia
Choose Visa Plan if you’d like to migrate to Australia on an investor visa or any other type of visa offered by the Australian Government. Get in touch with us today.