Business Visa Australia influx to fuel the Australian Economy

As we all know, a single virus shook the entire world, crippled the global economy, and snatched enormous lives. Australia is no different, the country is currently facing distress and hardship. Though the active cases are comparatively less than the other developing countries the economy took a maximum blow. So, how Govt. is going to tackle the issue? Then, Business VisaAustralia comes into play. Govt. is planning to maximize the influx of foreign direct investment in the form of investments of Business immigration applicants.

In the recent announcements, we have seen Australia announced a relief package of AUD 320 Billion to support the economy, businesses, and the people who lost their jobs. The package came at the time when desperate measures were required to sustain the economy. This package became life-saver for many households and businesses to survive in the global economic slowdown. This measure was very effective but for short-term relief. In the long run, Govt. would require a concrete solution to maintain the cash flow and credit flow and the country is planning to move ahead with the initiative of strengthening the BusinessImmigration in Australia. Business Visa Australia applicants bring enormous investment and capital into the country that will stabilize the economy and pump the various govt. relief packages and initiatives. Business applicants will play a vital role in the recovery of the economy which will be expected by late 2021.

Like all the countries, Australia is also currently facing the issue of unemployment which has risen dramatically in the wake of Covid-19. Travel restrictions have been imposed, skilled immigration has been stalled for the time being, but the economy needs a big push for recovery. The country is having a huge demand for restaurants, movies, recreation activities, hence making more room for digital services and online work platform. Various financial models have been suggested by the policy researchers and economic strategists to boost the four sectors - consumer spending, private sector investment, government expenditure, and net exports.

What are the Business Visa Australia categories?

Business Talent (Permanent) visa subclass 132

·       Nominated by the Australian state or territory govt. agency

·       Relevant business experience and a strong desire to own business in Australia

·       Minimum net-worth of AUD 1.5 million and an annual turnover of AUD 3 million

English language proficiency, meet health and character requirement

Business Innovation and Investment (provisional) visa subclass 188

·       Nominated by the Australian state or territory govt. agency

·       Minimum eligibility score of 65 on (Age, education, experience, language, personal & business assets, business turnover and special endorsement)

·       Minimum investment of 1.5 million and net worth of AUD 800,000

·       English language proficiency and meet the health and character requirement

To know more information on Business Visa Australia, you may take this opportunity to interact with us at 8595338595. You may write to us @ web@businessimmigrationvisas.com