You need to have an overall
successful business career which has a turnover of at least AU$300,000 in at
least two of the four fiscal years immediately before you apply and your
business and personal assets are worth $500,000 which are available to transfer
to Australia to establish or invest in a new or existing business within
two years of being granted this visa.
One of the most important parts of an
application is the provision of a comprehensive business proposal
that demonstrates the proposed business in Australia is viable,
sustainable and will allow an applicant to meet permanent residency
requirements in the future.
"Business
proposals must provide sufficient detail and market
research to demonstrate both the technical soundness and high likelihood
of success of the proposed business venture, financial forecasts and
clearly demonstrate the proposed business is of significant benefit
(capital investment, increased employment, technology transfer, regional
or industry development etc) to the relevant State and Australia on the
whole."
As
part of our service we provide an in depth service in the preparation
and drafting of the business proposals for our clients.
Other
types of documents that may be required include financial statements like
profit and loss statements, balance sheets prepared by an Accountant,asset
valuations, bank statements showing cash holdings. Each state sets its own
requirements for what types of supporting documents are to be provided in
an application and it is important to provide all documents requested.
The most important part of an application is the preparation and
presentation of the financial documents (Audit reports-Wealth
statements-etc.).These documents have to be in line with the requirements
of the immigration department .We have in-house experienced
accountants as well as associate Charted Accountants who have
specialized in preparing the relevant papers required by the
immigration department.
Processing
Time - Processing times will vary from
country to country and according to your personal circumstances. The processing
time is generally 12 months.
-----------------------------------
Business Opportunities:
Australian economy
remained strong during the global crisis and is well positioned for future
growth, with its GDP on par with most European countries. Australia's strong
economic growth rates are higher than most OECD countries, including the US and
UK. There are many investment opportunities available in Australia. Real Estate
is the primary one. Buying property in Australia is generally viewed
favorably by the Immigration Department and the State Governments (where
sponsorship is sought) in considering the granting of the visa. There are also many other Australian business
ventures that welcome foreign investors
.
Franchising is an Australian growth industry. Increasing numbers of
people are looking to change their lifestyle or career with a success rate
estimated at some 2 times that of a non- franchised business,
franchising can offer both new and experienced investors an established and
successful business environment.
Franchising in Australia - FAQ'S
How much will it cost me?
The cost range is anywhere from AU$ 80,000 to 500,000+ depending on the size and scope of the franchise business.Typically the cost covers the franchise fee,set up and stock.
How to organize the finance?
Many famous franchises have developed relationships with banks that have come to know their system and have followed the progress of their franchisees.Some banks will lend up to 80% if they have faith in the brand.
What kind of visa will i need ?
You will need to apply for a business Development Visa. Migrants looking to establish, manage or invest in a new or existing business in Australia must apply through the Business category.
For more details please contact us.
