Posts

Open for Business – NSW business and investor visas reopened ….

The NSW Government have announced that they have reopened applications for business & investor nomination.

And detailed in our BLOG in December  NSW had temporarily closed the program.

The full NSW announcement is below.

” Applications for NSW nomination for business and investor visas have reopened. 

NSW has reopened applications for nomination under the federal government’s Business Innovation and Investment Program. 

Applications for nominations for the following visas have been reopened:

  • Business Innovation and Investment (Provisional) visa (subclass 188) – Business Innovation stream
  • Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream
  • Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor stream
  • Business Innovation and Investment (Provisional) visa (subclass 188) – Entrepreneur stream
  • Business Talent (Permanent) visa (subclass 132) – Significant Business History stream
  • Business Talent (Permanent) visa (subclass 132) – Venture Capital Entrepreneur stream

Entrepreneur applications for the following visas continue to be open and will be assessed:

  • Business Innovation and Investment (Provisional) visa (subclass 188) – Business Innovation Extension stream
  • Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor Extension stream
  • Business Innovation and Investment (Permanent) visa (subclass 888) – Business Innovation stream
  • Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream
  • Business Innovation and Investment (Permanent) visa (subclass 888) – Significant Investor
  • State / Territory Sponsored Business Owner visa (subclass 892)
  • State / Territory Sponsored Investor visa (subclass 893) “

If you have any questions about the above please Contact Us.

Update – Western Australian business migration nomination

The WA Government have announced the below.

” Please note, applications for Western Australian State nomination for business and investor provisional visas are closed until further notice.

Western Australia has temporarily closed applications for State nomination for the Business Innovation and Investment provisional visas pending the release of additional places by the Department of Home Affairs. We value your interest in our program and encourage you to check this website regularly for updates. We hope to reopen the program shortly.”

If you have any questions about the above please Contact Us.

Update – Victorian business migration nomination

Victorian government announcement – January 7th, 2019

“Victoria has temporarily closed applications for nomination of certain business and investor visas.

Victoria is currently experiencing a high volume of applications for nomination for select business and investor visas. To help manage this demand, and meet our service commitments to you, we are temporarily not accepting new applications for the following visa sub-classes:

• 188 – Business Innovation stream
• 188 – Significant Investor stream
• 188 – Investor stream
• 188 – Entrepreneur stream
• 132 – Business Talent (Permanent) – Significant Business History stream
• 132 – Business Talent (Permanent) –  Venture Capital Entrepreneur stream

We will continue to assess all nomination applications received prior to 5 January 2019, however please be advised delays may occur in providing outcomes for these applications.

Your interest in the Business Innovation & Investment Program is highly valued and we hope to reopen the program shortly. We cannot provide a specific date or timeframe at this point, however encourage you to visit the Live in Melbourne website regularly for program updates.”

If you have any questions regarding Victorian business migration, either now or in the future, please Contact Us.

Part 2: Australian innovation and visas – a new visa pathway for start ups

Further Disrupt(ion)

There is an interesting follow up to my post last week stating that Australia needs a new business visa pathway for start ups.

The business detailed in my post, Disrupt, has now already been offered homes in a number of countries. Reportedly the UK, US and China. Whilst Disrupt will no doubt use these offers as currency – in either trying to obtain the best conditions for a move, or to potentially pull off an (unlikely) reprise for their deported COO – the lessons need to be heard.

Start ups

Australia & Entrepreneurs – Head down or head up?

Australia can’t afford to put their head down and avoid the message. Countries are willing to fight for the best young, innovative business talent out there.

Whilst Australia is full of talented people – it doesn’t have all the skills it needs within it’s population to deliver the change the business environment needs – neither can it afford to lose entrepreneurial talent such as those in Disrupt.

Significant Investor Visa (SIV) statistics – an increase in interest

The Department of Immigration & Border Patrol (DIBP) have recently released some updated statistics about the Significant Investor visa (SIV) programme for the programme year 1 July, 2015 to January 31, 2016.

The SIV programme is a pathway to provide for significant migrant investment into Australia under the Business Innovation and Investment visa programme.

Business Innovation & Investment programme statistics

Business Innovation & Investment programme statistics

As of 31 January 2016:

· 1228 SIV visas have been granted from the commencement of the programme on 24 November 2012.

· AUD 6.140 billion has been invested in Complying Investments.

The statistics indicate there has been an increase in SIV applications lodged in recent months. Looking forward interest is expected to grow globally, including applicants from the UK and Europe.

If you would like some assistance, have a general query or would like an introduction to advisers that can assist with planning, preparing and lodging a SIV then please get in touch with us.