New entrepreneurial visa under the Business Innovation and Investment stream
12 September 2016
The Department of Immigration and Border Protection has announced a new entrepreneur visa, which is aimed at attracting talented innovators who can drive ideas from research to commercial reality.
The Entrepreneur visa will allow entrepreneurs with $200 000 in funding from a specified third party to develop and commercialise their innovative ideas in Australia. It also provides a pathway to permanent residency.
To be eligible to apply for the subclass 188 Entrepreneur visa, you must:
- be under 55 years old (exemptions can be provided under certain circumstances)
- have a competent level of English
- have an agreement in place for at least $200 000 to grow your entrepreneurial venture in Australia
- hold at least 30 per cent interest in that entrepreneurial venture
- be nominated by a state or territory government. Click on the link for further information http://www.border.gov.au/Trav/Visa-1/188-
Please email business@migration.tas.gov.au if you require further assistance.
Launch of initiatives to boost business and skilled migration in Tasmania
21 April 2016
The Tasmanian Government has launched new initiatives that aim to boost the number of business and skilled migrants in Tasmania.
The Minister for State Growth Hon. Matthew Groom announced the initiatives at a Continuing Professional Development (CPD) day in Hobart, presented by the President of the MIA Vic/Tas Branch, Mr Anka Sahin. The event also celebrated the one year anniversary for the Tasmanian Chapter of the MIA.
One of the initiatives the Minister launched was the Business Migrants Assistance Program. This provides expert advice to business migrants on operating a business in Australia. If migration agents would like to know more about this initiative, please download the PDF. If you require further information, please email business@migration.tas.gov.au
The Family Skilled Migration opportunity which allows skilled migrants to apply for a Tasmanian Government visa nomination without attaching a job offer, if they have an immediate family member living in Tasmania. If migration agents require further information on this opportunity, please email skilled@migration.tas.gov.au
New criminal and civil penalties and visa cancellation provisions
15 Jan 2016
On 14 December 2015, new criminal and civil penalties and visa cancellation provisions were introduced that allow for sanctions to be imposed on a person who asks for, receives, offers or provides a benefit in return for visa sponsorship or employment. See the page on Work visa scams for details.
As part of the application process sponsors, nominators and visa applicants are required to state whether or not they have actively participated in conduct that contravenes the new laws. This statement is presented in the associated application form as a 'certification'. See declaration requirement.
Tasmanian Government streamlined state nomination guidelines for business migration visas
10 Aug 2015
Key highlights:
- Business Talent Subclass 132
For high-calibre business owners having A$1.5 million transferrable assets and wanting to start an ongoing business in Australia. Tasmanian Government requires that you invest A$1.5 million into an existing Tasmanian business or in developing a new business in Tasmania. This is one-step permanent residency visa. See Subclass 132 eligibility requirements here and Tasmanian Government state nomination requirements here.
- Business Innovation Subclass 188
For business owners having A$800 000 transferrable assets and wanting to start an ongoing business in Australia. Tasmanian Government requires that you invest in an existing Tasmanian business or in developing a new business in Tasmania. This is a two-step permanent residency visa. See Subclass 188 eligibility requirements here and Tasmanian Government state nomination requirements here.
- Investor Subclass 188
For people having A$2.25 million transferrable assets who would invest A$1.5 million in a state government bond (two-step permanent residency). Tasmanian Government requires that you invest the A$1.5 million in Tasmanian Government bonds. See Subclass 188 eligibility requirements here and Tasmanian Government state nomination requirements here.
See details of business migration visa options here. Please email business@migration.tas.gov.au for questions you may have.