By area, it is the world’s sixth-largest country and is the only nation to govern an entire continent. Plenty of fresh air, low pollution and population, breathtaking scenery from desert to metropolis is it any wonder why so many people choose to make Australia their home.
Australia was one of the first countries to establish democracy in the modern world. Its economy has proven to be resilient through the global financial crisis and the future is rosy with continued growth expected. Affordable health care, great opportunities for work and study, low crime rate, laid back lifestyle and love of sport are just some of the long list of reasons that makes Australia so appealing. A truly multi-cultural society, whether you are looking to relocate with your family, set up in business or to simply invest Australia has so much more to offer. Not to mention over 10,000 beaches!
From the various routes open to you we would draw your attention to the 188 Significant Investor stream which is a more long term solution to residency but attractive to those not wanting to live in Australia but who want to take advantage of investing their funds outside of their home country.
A full explanation of this category is explained here. As it is quite detailed click here to request a call for further explanation.
MINIMUM INVESTMENT & PROCESSING TIME
RESIDENCY STATUS
There are four visa options:
1. Business Innovation stream.
2. Investor stream.
3. Significant Investor stream.
4. Entrepreneur stream.
The 188 provisional visas’ validity will be changed from four years to five years.
Eligible applicants will be able to apply for permanent residency if they meet the
requirements after three years
1- Business Innovation stream
This provisional visa is for people with business skills. It lets you operate a new
or existing business in Australia. With this visa, you can…
You must
2-Investor stream
This provisional visa requires you to invest at least AUD 2.5 million in an Australian State or Territory and maintain business or investment activity in Australia.With this visa, you can
You must
3. Significant Investor stream
This provisional visa is for people who invest at least AUD 5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
With this visa, you can
You must
4. Entrepreneur stream
This provisional visa lets you carry out entrepreneurial activities in Australia.
With this visa, you can…
You must
After four years of lawful residence in Australia, with at least the last 12 months of that period spent as an Australian permanent resident, it is possible to apply for Australian citizenship. There is a citizenship appointment and test that must be attended and passed, as well as a pledge that must be made, before citizenship will be granted.
It is compulsory for adult Australian citizens to vote in federal, state, and local government elections, and failure to do so may result in financial penalties. It is also a requirement for Australian citizens to exit and enter Australia using their Australian passport.
Australia allows dual citizenship.