What you need to know about Business Investment Migration
Accompanying the rapid growth of the Chinese economy, many Chinese nationals are opting to conduct offshore investments and relocating overseas via business investment migration. Statistics clearly demonstrate that Australia is one of the top choices among Chinese investors due to the stable investment landscape and comfortable environment. Sydney is ranked first in the Asia Pacific region with respect to innovation and intellectual capital, and present great prospects for business investment migrants. In general, Australia is very motivated to attract applicants with entrepreneurial skills and capital to invest in our Australian research and development. Business investment migration not only stimulates productive foreign direct investment, it also directly contributes towards Australia’s economic growth, innovation and prosperity.
Under the Business Innovation and Investment Visa, those who wish to migrate to Australian in this manner must own and manage a business in Australia, whilst conducting entrepreneurial business and investment activities. In addition to being nominated by the respective state or territory government, investors must have the relevant experience in operating a business and are allocated into various investor streams depending on their investment amount. Additional eligibility requirements apply for each of the investor streams. Upon assessment, those who are deemed to possess the relevant skills in setting up and managing a new business may be granted a provisional or permanent visa. If you are interested in migrating to Australia via business investment migration, please feel free to contact our office for a consultation with our specialised migration lawyers.
Along with increasing Chinese capital investments made in Australia, there has also been more cases where Chinese investors are exploited due to their trust and lack of knowledge associated with the Australian investment landscape. As Australia is a representative parliamentary democracy with three levels of government – federal, state and territory and local, this governance system directly affects the industries that foreign investors may seek to invest in. These sectors include natural resources, infrastructure, commercial real estate and manufacturing. Investors are expected to understand Australia’s regulatory environment, as well as abiding by all the relevant requirement and high standards of corporate behaviours. Therefore, we strongly recommend that you seek legal advice prior to filling your visa applications and making your investments, as business planning and starting a company overseas may be a challenging process.
Commercial Law at Austin Haworth & Lexon (AHL Legal)
Austin Haworth & Lexon (AHL Legal) is a firm that has achieved a lot of leading precedents and has experience assisting clients with migration matters throughout all jurisdictions in Australia. Commercial law and migration law are amongst the most established areas of legal service provided by Austin Haworth & Lexon (AHL Legal). Our lawyers are more than happy to assist you with your business investment migration matters and provide personalised legal advice based on your best interests. AHL Legal strives to maximise investment returns for our clients through effective negotiation from the earliest stages of investment and provide ongoing legal support where necessary. In addition to commercial law and migration law, Austin Haworth & Lexon (AHL Legal) also specialises in family law, corporate law, criminal law and litigation. Please contact us should you require any legal assistance.