Australia: Migration, International Investment and Working Abroad
The rise of Asia, new wealth and a new generation of aspirational entrepreneurs who are increasingly outwardly focussed, means that your clients are now looking at options for migrating, investing and working abroad.
The motivations for business migrants are varied, many are looking to diversify their business interests; ensure a brighter future for their family and access high quality education and healthcare; whilst some are simply looking for a ‘Plan B’.
South Australia supports successful and innovative investors through a variety of different visa options.
The high-profile AUD$5,000,000 Significant Investor Visa has garnered strong media attention. However, changes to the law on 1 July 2015 impose restrictive investment criteria, which limit your client’s control over their investment.
Many of our clients are interested in the more flexible Subclass 132 visa, which in South Australia offers permanent residency to those who are willing to either, invest AUD$1,500,000 into a business; or AUD$1,000,000 into a regional business; or export AUD$600,000 of product or services; or employ 4 full-time local employees.
Our clients are also interested in the Subclass 188A provisional visa for investors willing to invest $200,000 and manage a business in Australia.
South Australia maintains flexible criteria, fast processing and personal support services. The capital city Adelaide is ranked the world’s 5th most liveable city, and is frequently voted the most affordable city in Australia.
Norman Waterhouse Lawyers is a full-service commercial law firm and provides tailored migration solutions depending on your circumstances.
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