The document discusses business migration pathways to Australia, including both temporary and permanent residence options. Some key temporary visas discussed are the Business Owner Provisional, Senior Executive Provisional, and Investor Provisional visas, which allow business people and investors to reside in Australia temporarily while establishing a business. Permanent residence options include the Business Talent and Business Owner Residence visas.
Our immigration lawyer can offer all the necessary information if you are moving from US to New Zealand on a short-term or long-term basis. Please contact our lawyer at https://newzealandimmigration.lawyer/.
Key Takeaways:
- Background and Overview of Legal Provision
- Facts of the Case
- Contentions of the Assessee and Revenue
- Supreme Court’s Verdict
- Key Learnings and Way Forward
How to register singapore subsidiary companyTony Roy
Amongst the various options of company incorporation in Singapore, Singapore subsidiary company can unarguably be said the most preferred and the most favoured incorporation type for foreign entities. This is because of the distinct flexibility it offers, including the ability to register Singapore Company with the permission to have the foreign company owning 100% of the shares while keeping its assets separate.
This means that a Singapore subsidiary company can entirely be owned by foreign company and is considered a separate legal entity from the foreign company, thereby the liabilities are only limited to share capital rather than the entire assets of the respective parent foreign company.
For More information visit this link:
http://precursor.com.sg/register-singapore-subsidiary-company/
Our immigration lawyer can offer all the necessary information if you are moving from US to New Zealand on a short-term or long-term basis. Please contact our lawyer at https://newzealandimmigration.lawyer/.
Key Takeaways:
- Background and Overview of Legal Provision
- Facts of the Case
- Contentions of the Assessee and Revenue
- Supreme Court’s Verdict
- Key Learnings and Way Forward
How to register singapore subsidiary companyTony Roy
Amongst the various options of company incorporation in Singapore, Singapore subsidiary company can unarguably be said the most preferred and the most favoured incorporation type for foreign entities. This is because of the distinct flexibility it offers, including the ability to register Singapore Company with the permission to have the foreign company owning 100% of the shares while keeping its assets separate.
This means that a Singapore subsidiary company can entirely be owned by foreign company and is considered a separate legal entity from the foreign company, thereby the liabilities are only limited to share capital rather than the entire assets of the respective parent foreign company.
For More information visit this link:
http://precursor.com.sg/register-singapore-subsidiary-company/
Visa Options for International Entrepreneursideatoipo
In Silicon Valley, the percentage of immigrant-founded startups has increased to more than 52 percent. Getting the right visa to live in the US and pursue the right professional opportunities is essential. While not easy, it’s certainly possible. The high percentage of startups founded by foreign nationals in the U.S. confirms that visas are being obtained successfully.
This workshop will cover the range of visas available to foreign national entrepreneurs, professionals and students who wish to live and work in the U.S.
The speaker will discuss:
1) the requirements for temporary visas, such as the B-1, E, H-1B, J-1, L-1, and O-1, and the advantages and disadvantages of each;
2) the paths to permanent residency, such as employment, family and investment;
3) common obstacles to obtaining a visa, and
4) the importance of maintaining your immigration status.
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
Get all your answers on What are the different tax relief in Singapore, Tax Exemption for Foreign-Sourced Income
Assessable Income vs Chargeable Income
Who should apply not ordinary resident (NOR) scheme
Voluntary disclosure of wrong filing
How to Apply For a UK Tier 1 Entrepreneur VisaIBB Law
The Tier 1 Entrepreneur visa is the most suitable route to secure permission to stay and invest in the UK by setting up, joining or taking over, and being actively involved in the running of one or more businesses.
For a successful visa application, an applicant must meet a number of requirements of the UK Immigration rules. Below we summarise the general provisions specific to the Tier 1 Entrepreneur visa category. However, care must be taken when preparing the visa application and we suggest that
you seek professional advice to maximise the chances of a favourable visa decision.
Contact IBB's private and business immigration lawyers for expert advice on the Tier 1 visa, Tier 2 visas, family and spouse visas, recruiting foreign specialist staff and other immigration law matters.
West London office:
Immigration Team
IBB Solicitors
Capital Court
30 Windsor Street
Uxbridge, UB8 1AB
Australian Business Forum helps Australian SMEs and businesses to understand the Chinese market and refine their China strategy.
http://abf.events/
ABOUT THE PRESENTATION BELOW
NB: The data in this presentation were as accurate as possible at the time of being presented.
Presented by Stacey Martin with data from the National Australia Bank.
This presentation breaks down the requirements for an Australian Significant Investor Visa or Premium Investor Visa, and includes the service and assistance individuals may seek to make a successful application.
Originally shown at the Australia-China BusinessWeek 2015 series.
How to Leverage Business Partners Migration to SaaS / CloudClub Alliances
This presentation was prepared as background material for 2009 Channel Focus Europe [22/23 october - see www.baptie.com].
In a session entitled "How to Leverage Business Partners' Migration to SaaS / Cloud", Loic Simon shared IBM's Club Alliances experience on leveraging business partners migrating to a SaaS/Cloud based business model.
After a quick summary of SaaS and Cloud challenges for Vendors and their Business Partners, he delivered a point of view on SaaS/Cloud distribution and influence channels and shared his hands-on experience as the leader of "Club Alliances" [www.cluballiances.com].
Club Alliances members leverage cloud computing, SaaS and BPO [business process outsourcing] models to promote and deliver business solutions, "as a service".
Their "Solutions as a Service" are typically powered by IBM IaaS [Infrastructure as a Service] or PaaS [Platform as a Service] components.
Aknowledgments : Among various materials borrowed from key specialists on the topic [thanks to all of them : Lustratus, Gilwell Group, Saugatuck...], Loic specifically leveraged some slides from presentations prepared by Philippe Martinez - Philmart - and Laurent Glaentzer - Lemon Operations, two members of Club Alliances who deliver their channel expertise to their fellow Club Alliances members.
Visa Options for International Entrepreneursideatoipo
In Silicon Valley, the percentage of immigrant-founded startups has increased to more than 52 percent. Getting the right visa to live in the US and pursue the right professional opportunities is essential. While not easy, it’s certainly possible. The high percentage of startups founded by foreign nationals in the U.S. confirms that visas are being obtained successfully.
This workshop will cover the range of visas available to foreign national entrepreneurs, professionals and students who wish to live and work in the U.S.
The speaker will discuss:
1) the requirements for temporary visas, such as the B-1, E, H-1B, J-1, L-1, and O-1, and the advantages and disadvantages of each;
2) the paths to permanent residency, such as employment, family and investment;
3) common obstacles to obtaining a visa, and
4) the importance of maintaining your immigration status.
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
04. charge of tax ICAB, KL, Study Manual
Get all your answers on What are the different tax relief in Singapore, Tax Exemption for Foreign-Sourced Income
Assessable Income vs Chargeable Income
Who should apply not ordinary resident (NOR) scheme
Voluntary disclosure of wrong filing
How to Apply For a UK Tier 1 Entrepreneur VisaIBB Law
The Tier 1 Entrepreneur visa is the most suitable route to secure permission to stay and invest in the UK by setting up, joining or taking over, and being actively involved in the running of one or more businesses.
For a successful visa application, an applicant must meet a number of requirements of the UK Immigration rules. Below we summarise the general provisions specific to the Tier 1 Entrepreneur visa category. However, care must be taken when preparing the visa application and we suggest that
you seek professional advice to maximise the chances of a favourable visa decision.
Contact IBB's private and business immigration lawyers for expert advice on the Tier 1 visa, Tier 2 visas, family and spouse visas, recruiting foreign specialist staff and other immigration law matters.
West London office:
Immigration Team
IBB Solicitors
Capital Court
30 Windsor Street
Uxbridge, UB8 1AB
Australian Business Forum helps Australian SMEs and businesses to understand the Chinese market and refine their China strategy.
http://abf.events/
ABOUT THE PRESENTATION BELOW
NB: The data in this presentation were as accurate as possible at the time of being presented.
Presented by Stacey Martin with data from the National Australia Bank.
This presentation breaks down the requirements for an Australian Significant Investor Visa or Premium Investor Visa, and includes the service and assistance individuals may seek to make a successful application.
Originally shown at the Australia-China BusinessWeek 2015 series.
How to Leverage Business Partners Migration to SaaS / CloudClub Alliances
This presentation was prepared as background material for 2009 Channel Focus Europe [22/23 october - see www.baptie.com].
In a session entitled "How to Leverage Business Partners' Migration to SaaS / Cloud", Loic Simon shared IBM's Club Alliances experience on leveraging business partners migrating to a SaaS/Cloud based business model.
After a quick summary of SaaS and Cloud challenges for Vendors and their Business Partners, he delivered a point of view on SaaS/Cloud distribution and influence channels and shared his hands-on experience as the leader of "Club Alliances" [www.cluballiances.com].
Club Alliances members leverage cloud computing, SaaS and BPO [business process outsourcing] models to promote and deliver business solutions, "as a service".
Their "Solutions as a Service" are typically powered by IBM IaaS [Infrastructure as a Service] or PaaS [Platform as a Service] components.
Aknowledgments : Among various materials borrowed from key specialists on the topic [thanks to all of them : Lustratus, Gilwell Group, Saugatuck...], Loic specifically leveraged some slides from presentations prepared by Philippe Martinez - Philmart - and Laurent Glaentzer - Lemon Operations, two members of Club Alliances who deliver their channel expertise to their fellow Club Alliances members.
Overview of significant investor visa (SIV) and how foreign investors with Australian investments can structure their investments to fall within the SIV regime and benefit from concessional requirements to receive an Australian visa.
Australia SkillSelect is a key Australian Government initative that reflects as to how Australia suitably manages and runs its various Skilled, business and investor immigration programs. It’s basically an online service run and managed by the Department of Immigration and Citizenship (DIAC), Australia.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
Thailand is introducing a new visa called “Long-Term Resident (LTR )” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for high potential foreigners.
£50,000 UK Entrepreneur Visa for Post-Study Work holders.Houmanmehr
This is an introduction to the £50,000 reduced funding required for applicants switching from Post-Study work to the Entrepreneur visa from within the UK.
The US and Canada business immigration and visa presentation | EB-5 visa, L1 Visa, EB1 (C) visa, and E2 visa - Canada PNP business immigration and investor visa
Corporate Compliance Requirements in AustraliaBiz Latin Hub
Visit this link for an up to date information:
https://www.bizlatinhub.com/legal-services/corporate-compliance-requirements-legal-entities-australia/
Unsure about your accounting, taxation and fiscal obligations in Australia? Keep reading, stay informed and ensure you remain in good standing with local authorities.
An Intoduction to the UK Entrepreneur Business VisaHoumanmehr
An introduction of UK Entrepreneur business visa category in relation to people coming from abroad into the United Kingdom, or people who are already in the United Kingdom and wishing to switch
GEA Global Partners is a business advisory company devoted to innovative entrepreneurs from around the globe willing to start their business in Canada. We are proud to be a pioneer and innovator in the Start-Up Visa Program.
We partner with immigration professionals to connect their clients with leading business advisors, financial services, and designated support organizations. This will ensure that they succeed in Canada as an entrepreneur by providing active and ongoing management of their Canadian business.
1. A Presentation by Visa Guide Mudassar Lone
Please Check for the recent updates of the policy that may change with the
passage of time
Business Migration to Australia
Temporary Visa Categories
Residency Visa Categories
2. Business Migration to Australia
With background in business management or high level investment activities , one can settle
in Australia by starting up a new business in Australia or purchasing an ownership interest in
an existing Australian business..
In most cases you will be required to enter Australia on a Provisional 4 year visa, after which
you may apply for permanent residence.
3. Temporary Visa Categories
Business Owner (Provisional) Visa
Business Owner (Provisional) visas allow people who have ownership interests in business(s)
to reside in Australia for up to 4 years to establish or invest in a business there.
Senior Executive (Provisional) Visa
Senior executives with management experience in a large overseas corporation may be
granted a 4 year provisional visa in Australia under this visa category. Once in Australia, they
are expected to establish or make a significant investment in an Australian business.
Investor (Provisional) Visa
Investor (Provisional) visas are granted to applicants who have maintained a considerable
investment portfolio or ownership in a business, and are willing to make an investment of at
least A$750,000 in Australian bonds for 4 years. The visa is valid for 4 years.
Business Visitor Visas
If you wish to visit Australia for 3 months or less to attend business meetings or to explore
business opportunities, you may be interested in applying for a business visitor visa.
4. Residence Visa Categories
Business Talent (Migrant) Visa
Business Talent (Migrant) visas are granted to people with an overall successful business career who are
sponsored by an Australia State or Territory government. You are expected to maintain substantial
ownership in a business and be involved the management of this business once in Australia. There is no
need to apply for a provisional visa before applying for this permanent visa.
Business Owner (Residence) Visa
Business Owner (Residence) visas allow people who have had an ownership interest in an Australian
business for at least 2 years to migrate permanently to Australia. You must already hold one of the
following Provisional visas to be able to apply:
Business Owner (Provisional) visa
Senior Executive (Provisional) visa
Investor (Provisional) visa
Investor (Residence) Visa
Holders of an Investor (Provisional) visa who have maintained their investment for 4 years can apply for
permanent residence.
Existing Australian Business
This visa allows people who have owned a business in Australia for at least 18 months to apply for
permanent residence.
5. Temporary Visa Categories
Business Owner (Provisional)
Business Owner (Provisional) visas allow people who have ownership interests in business(s)
to reside in Australia for up to 4 years to establish or invest in a business there.
Criteria
You have a successful business background.
Throughout at least 2 of the last 4 fiscal years immediately before applying you (or you and
your spouse together) had an ownership interest in a business of at least:
51%: if the business turnover is under AUD$400,000; or
30%: if the business turnover is over AUD$400,000; or
10%: if business is a publicly issued company.
Throughout at least 2 of the last 4 fiscal years immediately before applying your main business
(or main businesses together) had an annual turnover of:
at least AUD$500,000; or
at least AUD$300,000 if you are sponsored by a State/Territory government.
6. Temporary Visa Categories
Business Owner (Provisional)
Criteria
If the business provides professional, trade, or technical services, then throughout at least 2
out of the last 4 fiscal years immediately before applying, you have spent at least 50% of your
time in managing the business rather than providing such services.
You, or you and your spouse together, have at least:
AUD$800,000 of personal net assets and net assets in business of at least AUD$200,000;
or
AUD$500,000 of personal net assets if you are sponsored by a State/Territory government.
You are:
under 45 years of age; or
under 55 years of age if sponsored by a State/Territory government.
You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.
You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain a substantial ownership
interest, and be involved in the day to day management of the business.
7. Temporary Visa Categories
Senior Executive (Provisional)
Senior executives with management experience in a large overseas corporation may be granted
a 4 year provisional visa in Australia under this visa category. Once in Australia, they are
expected to establish or make a significant investment in an Australian business.
Duration and Conditions
This is a 4 year temporary visa. Once you have acquired an ownership interest in a business in
Australia you can look at applying for permanent residence through the Business Owner
(Residence) visa.
Criteria
For all the visa subclasses you need to show that:
You have a successful overall business career. You may be interviewed in relation to this. If you
have ever experienced bankruptcy, or been actively involved in a business that has been subject
to insolvency, receivership or liquidation, then you may have to prove that your own contribution
to the management of the business was not a significant factor in these events.
8. Temporary Visa Categories
Senior Executive (Provisional)
Criteria
In two of the last four years you occupied a position in the 3 highest levels of
management of a major business with a turnover of:
over AUD$50 million for 2 of the last 4 years; or
over AUD$10 million for 2 of the last 4 years if you are sponsored by a State/Territory
government.
You have not been involved in business or investment activities considered unacceptable in
Australia
You, or you and your spouse together, have net assets of:
at least AUD$800,000; or
at least AUD$500,000 if sponsored by a State/Territory government.
9. Temporary Visa Categories
Senior Executive (Provisional)
Criteria
You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain a substantial ownership
interest (i.e. at least 10% of shares if the company is listed on the stock exchange or a
controlling share if the business is not listed on the stock exchange).
You have demonstrated a need to be in Australia temporarily to conduct or establish business
activities in Australia.
You have a genuine and realistic commitment after entry into Australia to maintain direct and
continuous involvement in the management of that business from day to day and to make
decisions that affect the overall direction and performance of the business in a way that will
benefit the Australian economy. statements).
You are:
under 45 years of age; or
under 55 years of age if sponsored by a State/Territory government.
You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.
10. Temporary Visa Categories
Business Owner (Provisional)
Business Owner (Provisional) visas allow people who have ownership interests in business(s)
to reside in Australia for up to 4 years to establish or invest in a business there.
Criteria
You have a successful business background.
Throughout at least 2 of the last 4 fiscal years immediately before applying you (or you and
your spouse together) had an ownership interest in a business of at least:
51%: if the business turnover is under AUD$400,000; or
30%: if the business turnover is over AUD$400,000; or
10%: if business is a publicly issued company.
Throughout at least 2 of the last 4 fiscal years immediately before applying your main business
(or main businesses together) had an annual turnover of:
at least AUD$500,000; or
at least AUD$300,000 if you are sponsored by a State/Territory government.
If the business provides professional, trade, or technical services, then throughout at least 2
out of the last 4 fiscal years immediately before applying, you have spent at least 50% of your
time in managing the business rather than providing such services.
11. Temporary Visa Categories
Business Owner (Provisional)
Criteria
You, or you and your spouse together, have at least:
AUD$800,000 of personal net assets and net assets in business of at least AUD$200,000;
or
AUD$500,000 of personal net assets if you are sponsored by a State/Territory government.
You are:
under 45 years of age; or
under 55 years of age if sponsored by a State/Territory government.
You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.
You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain a substantial ownership
interest, and be involved in the day to day management of the business.
12. Temporary Visa Categories
Investor Provisional Visas
Investor (Provisional) visas are granted to applicants who have maintained a considerable
investment portfolio or ownership in a business, and are willing to make an investment of at
least A$750,000 in Australian bonds for 4 years. The visa is valid for 4 years
Criteria
To be granted an Investor Visa for temporary residence in Australia, an applicant will need to
satisfy the following criteria:
You have a record of successful business and/or investment activities.
You have a total of at least 3 years experience in the management of a qualifying business or
eligible investment, and show a high level of management skill in relation to these business
and/or investment activities.
Throughout at least 1 of the past 5 fiscal years immediately before applying:
You have maintained direct involvement in managing a qualifying business in which you (or
you and your spouse together) had an ownership interest of at least 10%; or
You have maintained direct involvement in managing eligible investments with a total net
value of:
at least AUD$1.5 million; or
at least AUD$750,000 if sponsored by a State/Territory government.
13. Temporary Visa Categories
Investor Provisional Visas
Criteria
You, or you and your spouse together, must have net assets of:
at least AUD$2.25 million; or
at least AUD$1.125 million if sponsored by a State/Territory government.
You have made an investment in a designated investment at the time of a decision being made
equaling:
AUD$1.5 million; or
AUD$750,000 if sponsored by a State/Territory government.
Show that you have a genuine and realistic commitment to maintain some form of Australian
business or investment activity even after your designated investment has matured.
You are:
under 45 years of age; or
under 55 years of age if sponsored by a State/Territory government.
You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.
14. Temporary Visa Categories
Business Visitor Visas
Business Visitor visas allow applicants to conduct short business trips to Australia.
Duration and Conditions
A Business Visitor visa allows the holder to remain in Australia for up to 3 months at a time
to conduct business activities. The visa allows the holder to conduct business or work-
related activities in Australia provided that the proposed activities do not disadvantage or
take employment from an Australian citizen or permanent resident. The visa also allows
recreational activities including tourism and non-formal studies for up to three months.
Criteria
To make a successful application for a Short Stay Business Visa, you will need to show that:
You have a need to travel to Australia for business purposes, and
You possess personal attributes and a business background that are relevant to, and
consistent with, the nature of their proposed business in Australia.
15. Residence Visa Categories
Business Talent Visa
Business Talent (Migrant) visas are granted to people with an overall successful business
career who are sponsored by an Australia State or Territory government. You are expected
to maintain substantial ownership in a business and be involved the management of this
business once in Australia. There is no need to apply for a provisional visa before applying
for this permanent visa.
Duration and Conditions
This visa grants permanent residence status.
State/Territory Sponsorship
This visa is only available to applicants who are sponsored by an Australian State or
Territory government.
16. Residence Visa Categories
Business Talent Visa
Criteria
You are sponsored by an Australian State or Territory government to migrate to Australia.
Throughout at least 2 out of the last 4 fiscal years immediately before applying you (or you
and your spouse together) had:
Net assets in a business of at least AUD$400,000; or
10% ownership of the business if it is a publicly listed company.
Throughout at least 2 out of the last 4 fiscal years immediately before applying ypu main
business (or main businesses together) had an annual turnover of at least AUD$3million.
You, or you and your spouse together, have net assets of at least AUD$1.5million.
You are under 55 years of age.
You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain substantial ownership
interest, and be involved in the day to day management of the business.
17. Residence Visa Categories
Business Owner Residence
Business Owner (Residence) visas allow people who have had an ownership interest in an
Australian business for at least 2 years to migrate permanently to Australia. You must
already hold one of the Provisional Business Visas to be able to apply.
Duration and Conditions
This visa grants permanent residence status.
Criteria
You are the holder of one of the following Provisional Visas:
Business Owner (Provisional) Visa; or
Senior Executive (Provisional) Visa; or
Investor (Provisional) Visa
You have been in Australia as the holder of one of the above Provisional visas for a total of at
least 12 months in the 2 years before applying.
18. Residence Visa Categories
Business Owner Residence
Criteria
You have had an ownership interest in one or more Australian businesses for at least 2 years before
applying.
You continue to have an ownership interest in the Australian business/s.
For the past 12 months your (or you and your spouse's) assets in the Australia business/s is:
at least AUD$100,000; or
at least AUD$75,000 *
For the past 12 months your (or you and your spouse's combined) personal and business assets in
Australia is AUD$250,000 *
For the past 12 months your (or you and your spouse's) business/s employed at least the equivalent of:
2 full-time employees who are Australian citizens or Australian permanent residents or New Zealand
passport holders and are not members of your family unit; or
1 full-time employee who is an Australian citizens or Australian permanent residents or New Zealand
passport holders and is not a member of your family unit *.
Throughout the past 12 months your business/s had a turnover of:
at least AUD$300,000; or
at least AUD$200,000 if you are sponsored by a State/Territory government.
19. Residence Visa Categories
Investor Residence (Permanent) Visas
Holders of an Investor (Provisional) visa who have maintained their investment for 4 years
can apply for permanent residence.
Duration and Conditions
This visa grants permanent residence status.
Criteria
You are the holder of one of an Investor (Provisional) visa.
You have been in Australia as the holder of an Investor (Provisional) visa for a total of at least
2 years in the 4 years before applying.
The designated investment made by you in order to qualify for the Investor (Provisional) visa
has been held continuously for at least 4 years.
You have a genuine commitment to maintain business or investment activity in Australia.
Neither you or your spouse have a history of unacceptable business activities.
20. Residence Visa Categories
Established Business in Australia
This visa allows people who have owned a business in Australia for at least 18 months to apply for
permanent residence.
Duration and Conditions
The visa grants permanent residence status.
Criteria
You have had (and continue to have) an ownership interest in 1 or 2 established main businesses in
Australia for 18 months immediately before applying. Note: ownership interest is defined as an interest in
a business as:
a shareholder in a company that carries on the business; or
a partner in a partnership that carries on the business; or
the sole proprietor of the business, including such an interest held indirectly through one or more
interposed companies, partnerships or trusts.
Note: Main business is defined as a business in which:
the applicant maintains or has maintained direct and continuous involvement in management of the
business from day to day and in making decisions affecting the overall direction and performance of the
business; and
21. Residence Visa Categories
Established Business in Australia
Criteria
the value of the ownership interest of the applicant (or the applicant and his/her spouse
together) in the business was at least 10% of the total value of the business.
You, or you and your spouse together, have for the last 12 months held net assets in
Australia of at least AUD$250,000.
The total value of the net assets of your (or you and your spouse's) business/s for the last 12
months was at least AUD$100,000.
You have had a successful overall business career.
You must also pass a Business Skills Points Test (pass mark 105 points).
22. Benefits
Unrestricted rights to live and stay in Australia.
Free Medical Care and after fulfilling two years holding a permanent residence,
Rights to sponsor their relatives.
A child born to you outside of Australia but after you received Australian citizenship can be
registered as an Australian citizen by descent.
Australian citizens are subject to discounted education fees or deferred payment scheme in
top-rate schools and universities in Australia
As a citizen of Australia you are eligible to work in public service and in the armed forces, as
well as to serve on juries.
Entitled to receive social security benefits like sickness, unemployment and student
benefits that are offered by Australia’s Social Security Department.