This program is to attract foreign entrepreneurs and investors to start, grow or move their businesses to Australia. Through this visa, the applicants get to stay for 4 years and 3 months with the possibility of extension.
1. The applicants must be nominated and invited to apply for the visa by an Australian body.
2. They should have prior entrepreneurial experience and success.
3. The applicant must own at least $400,000 AUD in net assets and have funding agreements from a third party of at least AUD $200,000.
4. They should have at least $1.5M AUD of net business and personal assets transferred to Australia within 2 years of the visa grant.
5. They should have at least $3M AUD turnover in at least 2 of the 4 business years before you are invited to apply for the visa.
Team members should be speak english and The owners of the business can be up to 5 people.(with family)