Australia and New Zealand are extremely popular destinations that attract people from all around the world, and it might just be the perfect place for you.
Not only are the countries suitable to reside in as they are diversified and have an amazing natural environment, but they are also most certainly the perfect place to invest and start a business. By doing so and obtaining certain business and investment visas in the 2 countries, you will have the opportunity to access the wonderful lifestyle and benefits.
Being a Permanent Pesident in Australia, you will be entitled to remain in Australia indefinitely, work and study in Australia, enroll in Australia’s national health scheme (Medicare), apply for bank loans to buy property, sponsor eligible relatives for permanent residence, and apply for Australian citizenship, if eligible.
Having a Resident or Permanent Resident Visa in New Zealand also provides you with benefits such as education, healthcare, and support. New Zealand is known for their excellent public and private healthcare and quality of schools. Furthermore, the country provides a lot of support to help their residents going through unemployment, retirement, and in need of household support, which will also be accessible to you.
For both countries, one benefit that comes with applying for these visas and residency/permanent residency is that immediate family members, such as spouse, dependent children, and parents are able to apply for the same together with you. As such, they will also be entitled to live, work, and study in the countries while enjoying the same benefits and freedom that you will be entitled to.
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When it comes to visa pathways through investment and business, both countries offer similar options that are accessible to you. In Australia, thousands of visas are granted under the ‘Business Innovation & Investment’ program (subclass 188), and have recently been announced to make requirements tougher starting 1-July-2021. Thereafter, it comprises the following streams:
- Business Innovation
- Significant Investor
View the table below on the current and expected changes…
View the table below on the increased investment threshold…
In New Zealand, there are also the:
- Entrepreneur Resident Visa; and the
- Investor Resident Visa.
The Entrepreneur Resident Visa is for you if you are looking to run a business in New Zealand and have been self-employed in New Zealand for at least 6 months, or have operated a business for at least 2 years on another visa that allows self-employment. This means that if your business is less than 2 years old, you would need to have an Entrepreneur Work Visa first, continue to work in the said business for the next 2 years, have invested a capital of at least NZ$500,000, and have created 3 new jobs in New Zealand for a minimum of 2 years. Then after the 2 years, you will be eligible to apply for Permanent Residency.
There are 2 visa options to consider if you would like to invest and become a resident in New Zealand. These are:
- Investor Visa
- Investor Plus Visa
One, the Investor Visa, is for when you invest a minimum of NZ$3 million over a 4-year period, and the other, the Investor Plus Visa, is for when you are looking to invest NZ$10 million over a 3-year period. The main difference between the 2, apart from invested amount and duration, is that for Investor Visa, there are additional requirements such as minimum business experience, English language ability and age, whereas no additional requirements are needed for the Investor Plus Visa.
Are you interested to know more?
If yes, contact Global Migration Solutions today. +6010-2292114 | email@example.com