May 5, 2021

Entrepreneur visa – another option to permanent residency

Changes mean a new pathway to Permanent Residency in Australia

A new visa has been announced by the Department of Immigration and Border Protection. The changes took effect on 10 September 2016 and created new streams within the Business Innovation and Investment visa class.This visa is for entrepreneurs who meet all the following criteria:

  • ‘high calibre entrepreneurs’ with $200,000 financial backing from third parties in Australia, including government agencies;
  • who are nominated by a State or Territory government;
  • who meet residence requirements; and
  • complete successful entrepreneurial activities in Australia

If you are under 55 years old and have a competent level of English, this could be your ticket to moving to the sunburnt country and starting a successful business.

If you have a flair for entrepreneurship and would like permanent residency in Australia, contact West Aussie Migration today. Our Principal Migration Consultant, Thomas Griffiths, has a proven track record in preparing successful applications for the Business Innovation and Investment Visa Class.