The investor visa is one of the most popular visa types for entry to Australia. In 2001, approximately 5% of Australians were classified as part of the “business skills” category. This was nearly 30% for the 2011-2012 total migration to Australia.
This is a reflection of Australia’s changing migration policy, with the Australian government putting more emphasis on people with skills and other contributions to Australian society. If you want to know more about visa policies for Australia then, you can visit www.mygration.com.au/investment-migration/.
You must apply for the 891 Visa to be eligible for an investor visa. First, you must submit a valid 47BU application. Current fees for this visa include an $1145 first instalment. The second fee of $2860.00 is required if the applicant doesn’t have a provisional visa for business skills or functional English. Many legal requirements must be met.
The applicant must not be involved in investment or business activities not generally accepted in Australia at the time of their application. In addition, the applicant must not have held a subclass 162 visa in Australia for more than two years within the four years immediately preceding the application.
The applicant must also be able to show that they are willing to keep a business or invest in Australia following the grant of the visa. The department of immigration will make a decision.