Australia – One of the most preferred countries of residence for millions of people from over 100 different countries for living and employment. There are many reasons why people want to migrate to Australia. Australia is a country which offers a unique environment and living experience, a better healthcare system and good career opportunities.
For high net worth individuals, the country is a goldmine of business opportunities and investment worthy programmes. So, migrating to Australia will surely open your doors to the untapped resources and business ideas.
The government of Australia has two programs for high net worth individuals – The Significant Investor Visa (SIV) and Premium Investor Visa (PIV). The primary aim of these programs is to bring and promote business ideas beneficial to the country. Both the programs lead to the permanent residency of Australia, allowing you to enjoy the many benefits that come with it.
If you are a promising candidate, you will be nominated for the SIV by a territory government or by the Australian Trade and Investment Commision, while PIV applicants are invited by the Australian Government.
Understanding Significant Investor Visa
This program is specifically established to attract investors from across the world, who possess skills and capital that would improve the country’s commercial situation. Any potential applicant for this program must be capable of investing a minimum of 5 Million USD over 4 years in several business areas.
Understanding Premium Investor Visa
Unlike the SIV, this program is a special program targeting skilled entrepreneurs who will be able to support and provide long-term benefits to Australia. These individuals must be capable of investing at least 15 Million USD over a period of 12 months in the country, These investments can be as a philanthropic donation, in real estate properties, proprietary limited companies of Australia, government or semi-government bonds of Australia etc.
So why is it a good idea to be an Australian Citizen and run a business?
Australia has one of the most stable economies in the world and conducts business in a well regulated and firm political environment. The country has a diverse workforce from multicultural backgrounds, with at least 42% of them having a college degree or trade certificate, which is much higher than other developed countries.
The government has special access to the local suppliers to the export services and even to the business with global outreach. 96% of all the businesses in the country are small businesses and the authorities here are always eager to help the new business owners to get started on the right path. If you are an individual with a beneficial business idea or plan, you will be provided with all kinds of assistance from the authorities including tax and legal information. With a very stable political environment, the government’s support in services is numerous.
So if you are a capable business person with high net worth, your dream of doing business in Australia is going to be a life-changing decision. Start your business down under and take control of your life with by investment migration to Australia.