Saturday 1 August 2015

Business And Investors Programs in Australia

Australian economy has been bustling and booming, and has been generating an output that many other influential economies cannot manage in the contemporary times. Ranked among the topmost creamy layer, Down Under presents an unrivalled potential for unprecedented growth and development. The government is also deeply committed to continuing and sustaining the principles of free market.

The prospects in Australia for Business and investments are quite good and exude positivity. The Aussie economy has grown over an average of 3.5% per year over most of last quarter of century; and the trends are expected to continue for the next decade - with forecasts suggesting a continuing growth rate over 3 percent. The forecasts are based on performance of various sectors that have been continuously registering a positive growth rate, like:
  • Mining sector expanding an exponential rate of 10% or more;
  • The exports are re-emerging and registering an annual growth of over 7% annually;
    Construction sector is also one of the major industries to contribute to the growth of the domestic economy;
  • Finance sector has always registered an upward trend; and is expected to continue with the same fervor over the next decade – with annual transactions rising steeply;
  • IT services has received a major boost from the government; and is expected to become a major contributor to the annual national GDP. The government aims to establish the country as one of the major IT hubs in world;
  • Tourism has always registered growth an contribute a hefty 205% to the annual national GDP n
Besides this, Down Under offers highly skilled talented work force that is multilingual, multicultural and highly adapted to modern technological environment. Over 25% of the current strength of skilled labor force was born outside the country; this feature offers an unprecedented security to the foreign Investors and Business owners; as the Aussie government remains committed to offering at par treatment to the local inhabitants and new entrants.

The biggest factor that makes Business and Investors Programs In Australia attractive – for people seeking to shift to this country with their entrepreneurial skills and investible funds - is the commitment of the Aussie government to providing an environment that is transparent and well-regulated – with unprecedented stability on the political and statutory front – that instills confidence among the business community; fuels innovation – with all kinds of assistance for R&D.

All the benefits of Australian Business And Investors Programs can be availed by the willing applicants by applying for and obtaining Australian visa through various schemes offered under the business immigration. Under the current arrangement, all such schemes are being offered through the state nominations – that clearly shows the intent of the Aussie government which is to bolster the economies of states and territories.

The Business And Investors Programs Of Australia are being offered in temporary and permanent residence format; the candidates applying for immigration must create and submit an EOI on the SkillSelect and indicate the province to which they would prefer to migrate to.

The temporary Business and Investors Program – offered through subsection 188 - mandates a point based profile assessment. It is necessary for the applicants to score a minimum of 65 marks. The section 188 is categorized into 4 classifications:
  • Business Innovation stream: 
  • Investor stream: for people with plans of investing at least AUD1.5million 
  • Significant Investor stream: for people with plans of investing at least AUD5million 
  • Premium Investor stream: for people with plans of investing at least AUD15million 
The permanent Business and Investors Program of Australia is available through subclass 132. This program targets individuals with substantial net worth and entrepreneurial exposure. This program requires state sponsorship.

Resource:http://www.articlesbase.com/immigration-articles/business-and-investors-programs-in-australia-7303358.html

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