The government has announced plans to create a new type of visa that would let people come to Australia to start their own business. There is currently an entrepreneur visa which lets people start businesses in Australia but requires you to show you have $200,000 in funding before you can receive it. The new visa would not require you to show funding to come to Australia and start your own business.
The visa is expected to be trialled in South Australia later this year and if the trial is successful it will be rolled out to the rest of Australia in 2019.
If you or your overseas friends and relatives are interested in migrating to Australia through business visas, contact us today on 08 6161 9239 for a consultation.
Anand K Gupta