A great country to live and do business and 3,200 km north in Australia covers 7,682,300 square kilometres, which makes it more than twice as large as India and about the same size as the 48 mainland states of the USA. It is the world's sixth largest country, covers 5% of the Earth's land surface and measures about 4,000 km from east to west to south. Climate is generally arid to semiarid; temperate in south and east; tropical in north.
A healthy economic structure
Australia has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses.
Migrating to Australia as Business Person
The Business Migration program encourages successful business people to settle permanently in Australia and develop new or existing businesses. On 1 March 2003, a new two-stage Business Migration scheme was introduced for Australia. An overview of the business Skills Category and pathways to permanent residence is given below:
State/Territory Sponsored Business Owner (Provisional) category
To be eligible under this category the applicant should:
Be sponsored by an
appropriate regional authority of a State or Territory government;
Have an overall successful
business career;
Have an ownership interest
in a main business or main businesses that had an annual turnover
of at least A$ 300,000 for at least 2 of the
4 fiscal years immediately before the application is made or
had a sound continuous business employment record in a senior
management role on a qualifying business for at least 4 years
immediately before the application is made and have demonstrated
a high level of management skill.
Have net value of business
& personal assets (including spousal assets) at least A$
250,000 and are available for transfer to Australia within 2
years after the grant of visa, plus sufficient assets available
to settle in Australia;
Be aged less than 55
years at the time of application
Migrating to Australia as Business Owner
To be eligible under this category the applicant should
have
an overall successful business career
Annual turnover of
at least A$ 500,000 in the main business or main businesses
for at least 2 of the 4 fiscal years immediately before the
application for visa is submitted.
Net value of business
& personal assets (including spousal assets) is at least
A$ 500,000 which are available for transfer to Australia within
2 years after the grant of a visa, plus sufficient assets available
to settle in Australia.
Age less than 45 years
at the time of application.
Vocational English
i.e. scoring 5 bands in IELTS examination.
State / Territory Sponsored Business Owner
To be eligible under this category the applicant should
have:
Been sponsored by an
appropriate regional authority of a State or Territory government.
An overall successful
business career.
Occupied a position
in the 3 highest levels of the management structure for at least
2 of the 4 years immediately before the application is made.
Net value of business
& personal assets (including spousal assets) is at least
A$ 250,000 which are available for transferring to Australia
within 2 years after the grant of a visa, plus sufficient assets
available to settle in Australia.
Aged less than 55 years
at the time of application.
Senior Executive
To be eligible under this category the applicant should:
Have an overall successful
business career.
Occupied a position
in the 3 highest levels of the management structure for at least
2 of the 4 years immediately before the application is made.
Net value of business
& personal assets (including spousal assets) is at least
A$ 500,000 which are available for transfer to Australia within
2 years after the grant of a visa, plus sufficient assets available
to settle in Australia.
Aged less than 45 years
at the time of application.
Vocational English
test i.e. scoring 5 bands in IELTS examination.
State/Territory Sponsored Investor
To be eligible under this category the applicant should:
Be sponsored by an
appropriate regional authority of a State or Territory government.
Have at least 3 years
experience of direct involvement in managing one or more qualifying
businesses or eligible investments.
Direct involvement
in either managing a qualifying business (owned by the applicant
and spouse) and having ownership interest of at least 10% of
the total value of the business or maintaining direct involvement
in managing eligible investments of A$750,000 for at least one
of the 5 fiscal years immediately before the application is
made.
Net value of assets
(including spousal assets) is at least A$ 1,125,000 for 2 fiscal
years immediately before the application is made.
Aged less than 55 years
at the time of application.
Investor
To be eligible under this category the applicant should
have:
An overall successful
record of eligible investment or qualifying business activity.
At least 3 years experience
of direct involvement in managing one or more qualifying businesses
or eligible investments.
Direct involvement
in either managing a qualifying business (owned by an
applicant and spouse) and having ownership interest of at
least 10% of the total value of the business or maintaining
direct involvement in managing eligible investments of A$
1,500,000 for at least one of the 5 fiscal years immediately
before the application is made.
Net value of assets
(including spousal assets) is at least A$ 2,250,000 for 2 fiscal
years immediately before the application is made.
Aged less than 45 years
at the time of application.
Vocational English
i.e. scoring 5 bands in IELTS examination.
Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. . . .
Know Australia
. Capital: Canberra
. States and Territories: There are nine states and territories in Australia and they are Australian 'Capital Territory, New South Wales, Victoria, Queensland, South Australia, Western Australia, Tasmania and Northern Territories.
. Total Population: 20,090,437 (July 2005 est.)
. Net Immigrant Rate: 3.91 migrant(s)/1 ,000 population (2005 est.)
. Ethnic Groups: Caucasian 92%, Asian 7%, aboriginal and other 1 %