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Business Innovation Stream (Conditional) Australian settlement visa is for investors with business experience who entry Australia to invest and operate new, acquisitions or franchises business in Australia to operate with an investment of only 300,000 AUD (4.9 billion VND).
Investors will be granted a permanent Australian residence visa 888A when they meet the prescribed requirements. See the full Roadmap to Australian citizenship through entrepreneurial investment. (no additional investment required).
The applicant’s spouse and children under 23 years old will be issued a visa to accompany them.
The applicant’s spouse and children under 23 years old will be issued a visa to accompany them.
Children have to right to study for free in public schools until high school
Free travel between Vietnam and Australia.
To be be granted a permanent Australian residence visa 888A for a minimum of 3 years when meeting business and residence conditions.
Self-ownership of a business
Can establish or accqire an existing business
Profitability potential from business operations
The minimum investment amount in all Australian business investor visa programs programs
| Aged 18 to 55 | ||
| As the business owner or contributing shareholder, actively participating in the management of the company. Demonstrating a successful business track record in Vietnam. | ||
| The total asset value must reach a minimum of 1,250,000 AUD (~21.9 billion VND) | ||
| Achieve a minimum of 65 points on the Australian Immigration Points Test | ||
| Sponsored by one of the Australian states or territories |
| Sở hữu tối thiểu 30% vốn trong công ty và trực tiếp điều hành quản lý doanh nghiệp này trong tối thiểu 3 năm. | |||
| 2 trong 4 năm tài chính gần nhất (tính đến ngày nộp đơn), doanh thu của công ty này đạt tối thiểu 750.000 AUD (~13,1 tỷ)/ năm. | |||
| Chứng minh có quá trình kinh doanh thành công tại Việt Nam. |
| Establish or acquire a business in Australia and directly manage its operations. Own a minimum of 30% equity in the business | ||
| Investment threshold starting from 300,000 AUD (~4.9 billion VND) (varies by state) |
Answer 1: Commonly selected types of assets to include in the portfolio are:
Real estate.
Business assets.
Savings accounts.
Shares and stocks.
All the mentioned assets must be registered in the name and ownership of the primary applicant and/or their accompanying spouse.
Answer 2: In the first 1-2 years upon arriving in Australia on a 188 visa, investors can change their business type. However, in the last 2 years before applying for permanent residency, they must ensure continued operation in the initially chosen industry and meet the aforementioned requirements.
If the eligibility conditions are not met within the 5-year visa period, investors can apply for a 2-year extension. Investors need to demonstrate ongoing investment, and due to objective reasons not meeting the criteria, they must continue their business to create employment opportunities for Australian citizens in order to apply for an extension
