Business Skills Category is to attract people with a demonstrated record of business or investment activity who are committed to using their business and/or investment skills in Australia. In most cases, you will be required to enter Australia on a 4 year provisional visa, after satisfactory evidence of a specified level of business or investment activity, you may apply for Permanent Residency (PR) through the Residence Visa categories.
Business Talent (Permanent Resident Visa)
To be eligible, you must:
- Be below 55 years of age at the time of application
- An overall successful business career with no involvement in unacceptable business activities, involved in the day-to-day management of the business
- Currently own a business that has at least A$3,000,000 annual turnover for at least 2 out of the 4 fiscal years
- Net assets of at least A$400,000 (in a qualifying business) in at least two of the four fiscal years
- Total Assets of at least A$1,500,000 that can be legally transferred to Australia within two years of the visa being granted
- State government sponsor requirement varies according to individual state or territory.
***This visa is no longer available as of 1 July 2021***
Business Owner (Provisional Visa)
To be eligible, you must:
- Be below 55 years of age at the time of application (Age waiver subject to state approval)
- Point test at least 65 points
- Currently own a business that has at least A$750,000 annual turnover for at least 2 out of the 4 fiscal years
- The minimum business ownership percentage of:
- 51% where the business turnover is less than A$400,000
- 30% where the business turnover is A$400,000 or more
- 10% where the business is publicly listed company
- Have a net value of business & personal assets of at least A$1,250,000
- Have an overall successful business career
- Have a genuine and realistic commitment to establish or participate in a qualifying business in Australia on being granted the visa
Investors (Provisional Visa)
To be eligible, you must:
- Be below 55 years of age at the time of application (Age waiver subject to state approval)
- Point test at least 65 points
- To be eligible to apply for Permanent Residency (sub-class 888):
- Maintain the complying investments for 4 years
- Be resident in Australia for a total of 730 days in 5 years
- Have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or eligible investments
- Have directly manage a business that is at least 10% owned OR directly manage investments of at least A$2,500,000
- Have a net value of assets of at least A$2,500,000 for the past 2 years immediately before the application is made
- Investment Product:
- Complying investment requires AUD500,000 in venture capital fund
- AUD750,000 million in fund that invest in emerging companies and
- AUD1.25 million in managed fund that invests in Australian companies, bonds or real property (limit of 10% in residential real estate)
- Have a realistic commitment to continue to maintain a business or investment activity in Australia after the investment has matured
Significant Investors (Provisional Visa)
To be eligible, you must:
- No age limit
- No English requirement
- Visa can be extended 4 years
- Invest A$5,000,000 into complying investments and maintain for four years
- Funds used to make the investment must be lawfully acquired and unencumbered. Proof of ownership and value required
- To be eligible to apply for Permanent Residency (sub-class 888):
- Maintain the complying investments for 4 years
- Be resident in Australia for a total of 160 days in 5 years
- Investment Product:
- Complying investment requires AUD1,000,000 in venture capital fund
- AUD1.5 million in fund that invest in emerging companies and
- AUD2.5 million in managed fund that invests in Australian companies, bonds or real property (limit of 10% in residential real estate)
- Investment can be in one or more of the investment options and the mix can be changed during the four year period
Migrate to Australia from Malaysia with Investment Migration
For potential applicants who are looking for an investment linked visa pathway, Australia offers various investor visa sub classes which are subject to qualifying criteria.
This visa type requires investing in approved funds in an Australian state or territory and for a minimum period of time.
The visa starts off as a temporary visa, which converts into a permanent visa once a 4 year term is satisfied.
Migrate to australia from malaysia
There are many reasons why people want to migrate to Australia with primary factors including securing a better future for their families, greater opportunities for work and studies or maybe just to escape the hustle and bustle of city life. Migrating can be a daunting process filled with challenges and confusion.
Investor Visa migration to Australia from Malaysia
This class of visa allows for a 4 years provisional to be granted, after which time a permanent visa can be applied for once investment criteria has been met.
Investor stream (Permanent) (Subclass 888) Visa
Have a Business Innovation and Investment (Provisional) Subclass 188 visa reside in Australia while holding the Sub class 188 visa for at least 2 of the last 4 years immediately before you apply)
Business Migration to Australia from Malaysia
If you are looking at establishing an office in Australia, purchasing a business in Australia or migrating to Australia as a business owner or investor, it is critical to get the right immigration advice upfront.
Having a sound immigration strategy upfront can streamline matters significantly, and ensure that you meet your goals in starting a business in Australia.