Business Visas For Gulf Nationals

The Australian Government has announced new business visa options for business people and investors from the gulf region.

The Business (Innovation and Investment) Visa is a pathway to permanent residence for families from the Gulf region who have a successful business or investment career and have a genuine and realistic commitment to invest in Australia.

You must be less than 55 years of age, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the relevant region. There are two pathways:

1. Business Innovation pathway; and
2. Investor Pathway.

BUSINESS INNOVATION PATHWAY

If you apply under the Business Investor pathway, you and your partner combined must have:

total assets of at least AUD$800 000;
total annual business turnover of at least AUD$500 000 in at least two of the four fiscal years immediately before you are invited to apply;
owned at least:

51 % of a business with a turnover of less than AUD$400 000 per annum;
30 % of a business with a turnover of more than AUD400 000 per annum; or
10 % of a publicly-listed company

INVESTOR PATHWAY

If you apply for the Investor Pathway, you and your partner combined must:

have a net value of at least AUD$2.25 million;
make your government-approved designated investment before a visa can be granted;
have a genuine and realistic commitment to continuing your business and investment activity in Australia after the original investment has matured;

Download the free eew emigrants guide for more information about Australia. TellMeAboutAustralia

If you are interested in applying for the Business (Innovation and Investment) Visa, please contact our offices for some advice over the phone.
Email: ghanna@gmhlegal.com
Tel: (02) 9587 0458.

Our firms representatives visit the Gulf Region on a regular basis, and will be able to arrange a consultation to discuss your Australian Visa options.