Australia provides a variety of visa options for entrepreneurs and investors who are interested in starting or expanding their businesses in the country. The Temporary Business (Long Stay) visa (subclass 457) is an excellent choice for those who wish to invest in Australia. This visa is specifically designed to enable foreign business owners and investors to establish, manage, or develop a business in Australia. It also allows business owners to bring their families with them to settle in the country. The visa permits the holder to stay in Australia for up to four years and provides opportunities to apply for permanent residency. For those who are interested in long-term investment in Australia, the Business Innovation and Investment (Provisional) visa (subclass 188) offers the chance to obtain permanent residency after four years. This visa is intended to encourage foreign business owners and investors to own and manage a business in Australia and to contribute to the development of a robust economy. It also allows the holder to bring their family to Australia to live and work. In addition to these visas, the Australian government provides a range of options for investors who are looking to make a long-term commitment to the country, such as the Significant Investor Visa (subclass 188) and the Premium Investor Visa (subclass 888). Both of these visas offer the opportunity to gain permanent residency after four years and provide attractive terms for those interested in investing in Australia.
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Immigration Reform Legislation Updates
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