State Sponsorship for Business Innovation and Investment (Subclass 188)

This provisional visa allows you to own and manage a business in Australia, conduct business and investment activity or undertake an entrepreneurial activity in Australia.

 

The states that are open for sponsorship are:-

  1. Victoria
  2. New South Wales
  3. Western Australia
  4. Queensland
  5. South Australia
  6. Northern Territory
  7. Tasmania

 

Here are some insights of the states to assist you in your decision to start-up a business in Australia.

 

VICTORIA

Situated at the tip of Australia’s east coast is Victoria, Australia’s second smallest state.  Melbourne is the capital city of Victoria and one of the southern hemisphere’s largest business, cultural, sporting and recreational cities.  It is one of the world’s most liveable cities and also Australia’s fastest-growing city.

 

Major projects are planned and underway, and regional Victoria is enjoying much growth.  Hence, Melbourne is one of the biggest contributors to the Australian economy.

 

Numerous investment opportunities are available in Melbourne and regional Victoria such as:-

  • Food and fibre
  • International education
  • Medical technologies and pharmaceuticals
  • Digital technologies
  • New energy technologies
  • Professional services
  • Retail and Supply chain and logistics
  • Transport, defence and construction technologies
  • Tourism, events and visitor economy
  • Creative industries

 

NEW SOUTH WALES

There is no better time to take advantage of the abundant opportunities available in New South Wales (NSW) as it has a dynamic business environment that is truly world class besides being a vibrant and diverse state.

 

To ensure NSW remains a competitive business migration destination, the State Government is continuously improving their business migration program to welcome business migrants who plan to set up a business or invest in NSW.

 

Sydney is a global capital, famous for its golden beaches with warm climate and sunshine. One of Australia’s most cosmopolitan and cultured cities, Sydney hosts vibrant festivals all year round and is home to a rich arts and entertainment scene.

 

You will also find welcoming communities in major regional cities, lively country towns and picturesque coastal areas, which include an array of rich cultural, commercial, shopping and dining destinations.

 

 

WESTERN AUSTRALIA

Australia is the sixth largest country in the world (geographically), and Western Australia is its largest state.  Despite its size, the population density is amongst the lowest in the world.

 

Perth is the state capital of Western Australia and is a globally connected city in which to live and operate a business.  It is particularly well-positioned as a gateway to the Asia-Pacific region.  Added to it being a dynamic business environment having a strong history of international trade and investment.

 

On top of this, it is also one of the most liveable cities in the world with:

  • world class educational, medical and recreational facilities
  • a supportive State Government that recognises and values the economic and cultural contribution of business migrants
  • highly skilled and multicultural population
  • clean green environment with a Mediterranean style climate

 

 

QUEENSLAND

Known as Australia’s “Sunshine State”, Queensland towns and cities are some of the most liveable in the world.  Queensland offers a high standard of living with a stable economy, world class education system, advance health services, affordable housing, to name a few.

 

The advantages of doing business in Queensland is its low operating costs, highly skilled workforce and strategic Asia-Pacific location.  With a supportive government and a solid growth forecast, it creates an attractive investment destination.

 

Queensland’s regions offer a diverse range of industries and investment-ready opportunities for business owners and investors.

 

 

SOUTH AUSTRALIA

South Australia which is centrally located on mainland Australia, has strong connections to national and global markets.  Hence, your business will be perfectly positioned for financial prosperity.

 

As South Australia offers a safe, relaxed and family-friendly environment, it is most ideal to consider this state for better lifestyle opportunities for you and your family.

 

To achieve true work-life balance, what better way than to grow your business here in South Australia.

 

 

NORTHERN TERRITORY

The Northern Territory offers a dynamic and progressive environment and is home to renowned major projects and natural resources.

 

The Territory Government welcomes investment into key industries which includes:-

  • tourism
  • international education and training
  • energy
  • minerals
  • agribusiness
  • space

 

Darwin is the closest Australian capital city to growing Asian markets, connected through their international airport and the only functional deep water port in Northern Australia.

 

 

TASMANIA

Tasmania is an island state of Australia and is located 240km to the south of the Australian mainland, separated by Bass Strait.  It is a world class location for scientists to undertake research and work in the areas of oceanography, Antarctica and climate science.

 

The Tasmanian Government is committed to building on the state’s competitive strengths, which are:-

  • agriculture
  • aquaculture
  • mining
  • forestry
  • tourism
  • energy

 

There has never been a better time to invest in Tasmania, with government and local industry support and expertise ready to help.

 

For more information on business migration to Australia, please contact our Business & Investment Migration Specialist for a FREE & PRIVATE CONSULTATION at +614-5077 2380 or email to: info@auslife.com