Australia Residency

Australia requires visas for all foreign nationals except New Zealand citizens, offering migration pathways for work, study, or medical treatment, with a minimum fund investment of AUD 2.5 million for business innovators seeking a high quality of life

Australia, a modernized and multicultural nation, ranks 3rd in the UN’s Human Development Index and boasts the world’s 14th-largest economy. Governed as the Commonwealth of Australia since 1901, it is the only country to encompass an entire continent. With a stable, liberal democratic system, Australia maintains membership in key international organizations including the United Nations and the World Trade Organization. All foreign nationals, except New Zealand citizens, must secure a visa before entering Australia. Temporary and permanent migration pathways offer opportunities for non-Australian citizens, allowing them to live, work, study, or receive medical treatment in the country.

Time Frame

12 months

Investment Requirement

2.5 million Australian dollars under the Investor Stream

Key Benefits of Australia Residency by Investment:

• The country promotes multiculturalism, fostering diversity and inclusion.
• It maintains political, economic, and social stability, ensuring security.
• An objective, merits-based immigration system provides predictable results.
• Employers require a 10% retirement or pension contribution for employees.

Australia Residency by Investment Programs

The Australian visa application process follows structured laws, regulations, policies, and legislative instruments. Visa applicants must meet specific criteria prescribed to the appropriate visa subclass, either at the time of lodgment, at the time of decision, or both.

Acceptance of visa applications depends on applicants meeting the criteria at the correct time.

All visa subclasses must fulfill specific health, character, and public interest criteria.

Permanent residents must reside in Australia for at least two of every five years or demonstrate strong ties to the country. Application Time Frames vary widely depending on the type of visa, with skilled visas receiving priority processing over family visas.

The Business Innovation and Investment Program

The Business Innovation and Investment Program has four visa programs.

1. The Business Innovation Stream

This program requires applicants to pass a points test, and have a successful company career with a baseline annual revenue of AUD 750,000 and AUD 1.25 million in net assets. Additionally, they must have resided in Australia for at least a year and retain significant ownership and management of an Australian company.

2. Investor Stream

This program requires applicants to pass a points exam, investing AUD 2.5 million into an acceptable Australian-managed investment fund for the temporary visa period, and staying in the country for a minimum of two years.

3. Substantial Investor Stream

The Substantial Investor Stream mandates applicants to invest a minimum of AUD 5 million in an Australian-managed investment fund meeting the standards for the provisional visa’s duration. Primary visa holders must spend an average of 40 days per year in Australia.

4. The Entrepreneur Program

The Entrepreneur program mandates applicants to obtain a government endorsement from their region or state and to have resided for at least two years.

The temporary visas specified above offer a direct pathway to permanent residency after three years, provided that applicants meet specific house and investment or business turnover requirements. The initial visa remains valid for five years.

The Global Talent Independent Program

The Global Talent Independence Program quickens the pathway to permanent residence for highly skilled executives, businesspeople, professionals, and businessmen. By fostering innovation, creating jobs, and providing training and development, it aims to bolster Australia’s advancement and tech economies and expand opportunities for Australians. The Australian government actively seeks the best and brightest international talent in the following 10 future-focused sectors:

• Resources, energy, and mining technology
• Agricultural technology (ag-tech)
• Defense, space, and advanced manufacturing
• Financial services and technology (fintech)
• Health industries and medical technology (medtech)
• Circular economy
• Infrastructure and tourism
• Education
• Cyber security
• Quantum information, cutting-edge digital tech., information and communications technology (ICT0, and data science

Applicants for the Global Talent Independent visa must:

• demonstrate international recognition
• current prominence in their field
• evidence of outstanding achievements throughout their career
• prove their potential to contribute significantly to Australia in their area of expertise
• show no difficulty in securing employment or establishing themselves in the country
• Places are open to PhD graduates and certain PhD students nearing completion of their thesis, who can showcase exceptional talent and international recognition in a target sector

Process and Time Frame of the Australia Golden Visa

Laws, regulations, policies, and other legislative instruments establish the framework and foundation of the Australian visa application process. The Home Affairs Department also has the authority to reject visas, conduct registration or monitoring checks, oversee the professional migration agent sector, and facilitate legal review of visa decisions and the laws governing visa applications.

An immigration assistant at the nearest Australian embassy must review specific visa applications for those outside Australia.

An Australian migration bureau will evaluate additional visa requests. The Department of Home Affairs is transitioning to electronic online submission for all temporary and permanent resident visa applications.

Processing durations vary significantly depending on the type of visa sought but typically span 12 months.

The Home Affairs Department employs a preferential processing category, expediting skilled visa applications over those offering less financial assistance (family visas).

The Ministry of Internal Affairs frequently updates its service criteria for Time Frames and publishes them online.

Australian visas are no longer physically stamped on passports but are electronically attached. Australia maintains a website where individuals and businesses can verify the status of visa holders (and any applicable work conditions).

If you would like to learn more about the Australia Residency by Investment, please don’t hesitate to contact us at Tsavorite as we would love to connect with you.