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Migration to Australia under the Australian State/Territory Investor Visa category is open to applicants who have had a history of successful business or investment activity and wish to emigrate to Australia to use these skills.
Duration
The initial four-year provisional state/territory investor visa subclass can lead to Australian permanent residence. Like so many Australia visas, this type could require the assistance of immigration law experts.
Eligibility Criteria
The basic criteria to qualify are the applicant’s age and his/her business experience.
Age
The applicant must be under the age of 55 to apply for a business visa.
Business Experience
The applicants aspiring to immigrate to Australia via State/Territory Sponsored Investor Visa need to prove their excellence in the desired business field and alongside must also be able to fulfil some requirements such as: A successful career in their respective business or a remarkable history in the required investment field, overall earnings of an amount equivalent to or more than a fixed value as per specified by the sponsoring Australian state/territory government for the last two years starting immediately after application for the executive visa is made. This includes both the personal as well as business net assets, direct management in a qualifying business for a minimum of one of the 5 fiscal years before submitting the application.
Health and Character
For candidates to apply for the Australian immigration successfully under the State/Territory Sponsored Investor Visa, they must undergo a detailed medical check-up including chest x-ray. A panel of experienced doctors chosen by the Australian authorities must conduct this examination. The applicant must provide police certificates from all the nations where the applicant has stayed for more than 12 months in the last 10 years before applying for visa.
Processing Times
The total required time for processing this visa is around nine to twelve months from the date of application.