Australia or the land down under, has a unique cultural
diaspora. Immigrants from all over the world come to the country and set up
their business. A stable economy is what is the most attractive factor for
them. That said, here’s all you need to know about the Australian immigration
visa by investment.
·
It is
separated in two stages – Australia has two stages of immigration visa by
investment. The first one is provisional and the second one is permanent. The
visa lets the investors contribute to the economy of the country in a
significant way. It is further divided into four streams, which include –
o Business innovation stream
o Investor stream
o Significant investor stream
o Premium investor stream
·
How to qualify
– To qualify for the visa, you as an investor need to invest the minimum of
AUD 1.5 million (for the Significant Investor Visa) or AUD 15 million (for the
Premium Investor Visa). Also, you need to be nominated by an Australian state,
territory or the Austrade (Australian Trade Commission). It all depends on your
application category.
·
Benefits
of the visa – The visa grants
will grant the investors a temporary residence. They can not only run their
business and continue to make investments, but can also bring in and out of the
country. If they have qualifying family members, they can also bring them to
Australia.
·
What is
the validity of the provisional visa? – The provisional visa will be valid
for 4 years and 3 months. In this duration, the investors can also apply for
their permanent residency. They can do this at various points, based on their
investment streams. Sometimes, the visas can be extended, again, based on the
streams.
·
What are
the pre-qualifications- Some of the pre-qualifications for the visa that is
not for the premium investors, include the age limit of 55 years or below.
Certain states can waive it, depending on the level of investment. The
investment amount depends on the visa streams and can be a combination of cash,
shares, bonds, assets and property. All the amount needs to be acquired
legally.
Calling it a day
Apply for Australian immigration in Saudi Arabia by choosing the best immigration consultants
near you. They will help you complete the visa process from the very start and
take care of everything so that it is all hassle-free. Want to know more about
such visas? Keep a tab on this space for similar write-ups.
