AUSTRALIA BUSINESS INNOVATION AND INVESTMENT (PROVISIONAL) VISA- ‎Entrepreneur stream 188E

NO ASSET REQUIREMENT

NO MANAGEMENT EXPERIENCE REQUIREMENT

NO ENTREPRENEURSHIP REQUIREMENT

NO EDUCATION REQUIREMENT 

NO VENTURE CAPITAL OR INCUBATOR INVOLVE AND REQUIRED

INVESTMENTS LOW AS AUD$ 100,000 

Australia Residency Benefits

Australia is a developed country and one of the wealthiest in the world, with the world's 12th-largest economy. In 2012 Australia had the world's fifth-highest per capita income, Australia's military expenditure is the world's 13th-largest. With the second-highest human development index globally, Australia ranks highly in many international comparisons of national performance, such as quality of life, health, education, economic freedom, and the protection of civil liberties and political rights. Australia is a member of the United Nations, G20, Commonwealth of Nations, ANZUS, Organisation for Economic Co-operation and Development (OECD), World Trade Organization, Asia-Pacific Economic Cooperation, and the Pacific Islands Forum.

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Immigration to Australia

Australia is a country of traditional immigration. Immigrants have contributed significantly to Australia’s aging population, increased productivity and economic growth to this day. Immigrants have also played an important role in family reunification and in advancing Australia’s international humanitarian cause. The recent Scanlon Foundation Research Institute on Social Cohesion Survey found that nearly two-thirds of Australians believe that diverse foreign migration has made Australia stronger. Australia has also become one of the most popular countries for Hong Kong people to migrate to and there are several immigration options for Hong Kong residents to migrate to Australia.

 

Australia has 6 states: Queensland, New South Wales, Victoria, Tasmania, South Australia and Western Australia. There are also two territories: the Northern Territory and the Australian Capital Territory.

Capital: Canberra

Land area (sq km): 7.962 million

Official language: English

Population: 25.09 million

Currency: AUD

GDP per capita (USD): 57822

Real GDP growth rate: 2.0%

Inflation rate: 1.3%

Unemployment rate: 5.2%

 

Benefits for migrating to Australia

Australia’s diverse culture and lifestyle are the embodiment of its traditional philosophy of freedom and democracy. Australians are warm, friendly, and cheerful. Australians love the countryside, sports, beach life, and enjoying barbecues with family and friends in the 1000’s restaurants across Australia.

 

Australia is one of the world’s largest multicultural countries, with over 130 nationalities. In addition, Australia is known for its diverse arts, music, and sports. The vast majority of Australians live in coastal areas. Australians enjoy a high quality of leisure life, as well as Australia’s beautiful natural environment and fresh air. Australia is considered to be one of the most competitive countries on earth.

 

Economy

Australia was ranked third in the 2010 Index of Economic Freedom report. Australia is the 13th largest economy in the world and has the world’s fifth-highest gross national product per capita (AUD $66,984). The Economist magazine’s 2011 list of the world’s most livable cities ranked Melbourne first, while Sydney, Perth, and Adelaide were ranked sixth, eighth, and ninth respectively. Australia has a low poverty rate and an average annual economic growth rate of 3.3%.

 

High-quality education standards

The World Ranking System for Higher Education ranks Australia eighth. Australia is an up-and-coming, friendly, exploratory, and unique country that welcomes international students from all over the world. The Australian education system offers more than 12,000 world-class courses.

Seven Australian universities were ranked among the top 200 higher education institutions in the world according to the recent Times Higher Education World University Rankings. In addition to this, Australia has over 40 public higher education institutions offering universally recognized qualifications and diplomas to students. Primary and secondary education is compulsory in Australia and is governed by state or territory government regulations.

Much primary and secondary education is provided free of charge. Geelong Grammar School in Australia is one of the top 10 primary and secondary schools in the world, and the 2010 International Student Testing Examination ranked the Australian education system sixth in reading education, seventh in science education, and ninth in mathematics education, for 56 countries around the world.

 

Social security, welfare schemes, and citizenship

Australia is a safe country, free from civil war and racial strife. Residents of Australia have access to a range of national health and medical programs in public hospitals, as well as other social security and welfare schemes such as superannuation, subsistence allowances, and disability support.

 

Other benefits include unemployment allowances, family assistance, and special financing arrangements. Australian PR Visa holders can apply for citizenship if they meet the five-year residency requirements.