Have you decided to begin a new startup in Australia? But are you worried about how to apply for a business visa? Your search ends here!
Australia is the best site for your business. It provides a favorable climate for your business with the availability of resources and a substantial customer base. However, before establishing a new business there, it becomes important for you to have a visa consultant in Australia, they make complicated process smooth and helps you to apply for a business visa smoothly. It is an extremely complex process. This thing will be very confusing for you: out of so many business visas, which one will suit your business?
So, this blog will give you information about everything you need to know. Stay tuned!
Why Do You Need An Australian Business Visa?
An Australian business visa is an essential document for migrants who want to settle their business in Australia. Australia’s Department of Home Affairs provides approval for these visas. There is the availability of multiple kinds of business visas, depending on the nature of your business. So, it becomes necessary for you to apply for a business visa before establishing a business in Australia.
Various Kinds of Australian Business Visas
Australia Business Visa provides a facility from temporary visas to inter-company transfer visas. It depends totally on your choice of which kind of visa you need. Let’s have a look at them:
- eVisitor Visa (Subclass 651):
An eVisitor visa, a temporary business entry visa, has become a top pickup. Individuals interested in doing short-term business in Australia apply for this. To apply for this visa, you have to propose a strong business-oriented activity. It allows multiple applications within a year, but only 3 months at a time. This visa is mainly used for:
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- Attending conferences, meetings
- Conducting negotiations.
- Business Innovation and Investment (Subclass 188):
This provisional visa is only for non-citizens of Australia. Through this, investors can explore the markets of Australia for business opportunities. Moreover, this visa permits you to manage your investment activity within the territory of Australia. The prerequisites of this business visa are English proficiency, work experience, and qualifications. This visa is further classified into more streams, which are as follows:
- Business Innovation stream (188A): This visa is the gateway for international investors who want to invest in a new/existing business in Australia.
- Investor Stream (188B): This visa is a temporary visa for 4 years of validity. After reaching the validity of this visa, you can apply for a permanent residency through a Business Innovation & Investment (Subclass 888) visa.
- Significant Investor Stream (188C): This visa is ready to nominate holders on behalf of the Australian government if an investor is investing more than AUD 5 million.
- Premium Investor Stream (188D): Here, if an investor is investing more than AUD 15 million, then only the government of Australia will nominate the holder.
- Entrepreneur Stream (188E): If an investor is securing AUD 200,000 in third-party funding, then the holder will be nominated by the territory government or Australian state.
- Business Visitor Visa (Subclass 600):
This visa is available for investors who are urged to do business in Australia. If we compare the e-visitor visa and this, they are almost similar to the e-visitor visa; the only difference is the time. The period of a business visitor visa depends on the visit’s purpose or specific circumstances. In this visa, various business activities are permitted, such as:
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- Attending conferences, meetings, workshops, training, or trade shows,
- Exploring market or investment opportunities,
- Signing contracts, and many more.
- Business Innovation and Investment (Subclass 888) Visa:
This business visa acts as a Mastercard. If you obtain it once, you can settle your business for an indefinite period. However, you need to have any kind of Business Innovation and Investment (Permanent) Visa.
- Investor Visa (Subclass 891):
This visa is for investors who want to grow their business and investment activities in Australia. It’s for permanent residency; you can work and apply for citizenship by fulfilling the eligibility criteria.
Bottom Line
Nowadays, Australia has emerged as a focal center for overseas entrepreneurs. It has been providing a vibrant and lively working environment for the business. Therefore, if you have any kind of new startup idea, you can apply for any kind of business visa. This comprehensive guide on Australian business visas will surely make it easy to decide which visa is suitable for your business. Don’t waste your time, and apply as soon as possible.