South Australia is an exciting proposition to invest in. With strong connections to national and global markets, your business will be perfectly positioned for financial prosperity in South Australia.
Business migrants have the opportunity to apply for a range of visas supported by South Australia’s State nomination program.
One of the visa option is the Business Innovation and Investment (Provisional) Visa (Subclass 188). This is a state-nominated provisional residence visa for business owners and investors. It is the first step in a two-step pathway to permanent residency.
This Business Innovation and Investment (Provisional) Visa (Subclass 188) is for business owners and investors who want to establish a business, or invest, in South Australia and it offers applicants the choice of four streams:
- Business Innovation stream:Business owners who want to relocate their overseas business or establish a new business in South Australia.
- Investor stream: Successful investors or business owners willing to invest a minimum A$1.5 million in South Australia for four years.
- Significant Investor stream:People willing to benefit South Australia and invest A$5 million into a complying investment for four years.
- Entrepreneur stream: People who have a funding agreement from a third party for at least A$200,000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia.
The next step to permanent residency is the Business Innovation and Investment (Permanent) Visa (Subclass 888). This is a state-nominated visa for business and investor migrants who hold a four-year provisional subclass 188 visa aligned to the visa stream you originally applied for.
To learn more on doing business in South Australia, please contact our Business & Development Migration Specialist, Ms Yvonne Chan for a PRIVATE CONSULTATION at +614-5077 2380 or email to: email@example.com