Search
Successful Cases

 

 

 

 

Code of Conduct

Links

Web Solution Provider

The assessment of overseas business owner's assets for business migration

 

This category of investment migration is suitable for overseas business people who have owned businesses overseas and now intend to establish investment projects in Australia. The application for his/her category can be lodged either outside or in Australia.

  • The applicant's self-assessment of qualifications
    The applicant must:
    1. have a successful business background; and
    2. in any two of the last 4 years before making the application:
      • be a share holder or proprietor of an overseas business(es); and
      • have maintained direct involvement in day-to-day management and at least half of the time should be engaged in the management of that business rather than in concrete operative services; and
      • have net assets together with their spouse in a business of at least $200,000. If the business is a public company, then the equity must equal to 10 percent of the share capital;
    3. have a genuine intention and actual activities to conduct investment projects in Australia; and
    4. not have a history of involving in a business which is not acceptable in Australia.
    Relevant documents must be provided to demonstrate the above qualifications.
  • Points Test Requirements
    1. Annual turnover in 2 of the last 4 fiscal years before the making of the application;
    2. The total assets in the business;
    3. Age (30-44 years the best);
    4. English language ability (even a person who knows little English can pass);
    5. Personal net assets.
    6. Sponsorship.
    If a client can gain a total of 105 points or more, this Centre will officially accept his/her case and provide a formal list of documents required in relation to the self-assessment based on individual applicant's situation.
    The documents that the applicant must provide include:
    1. The name, nature, operation period, net assets of the business in which the applicant has an ownership interest as well as the proportion of share capital the applicant holds and his/her position in the business;
    2. The operation situation of the business, the audited financial report and non-audited internal financial report;
    3. Personal and business net assets (together with spouse) and the amount of funds which can be transferred to Australia within 2 years;
    4. Business or personal taxation documents.
    The above suggested documents which can be specified by many documents are for reference only. This Centre will make out a detailed list of documents required to provide based on the applicant and their business's particular situations. For further relevant information please inquire this Centre.
  • This Centre can assist the applicant to complete migration application forms and relevant legal documents & declarations which we will see to the submission to the local Immigration Office or the Immigration Department's overseas posts. We will follow up the application until the applicant and their family members who satisfy the migration criteria and obtain migration visas.
    Although this approach requires a higher demand for an applicant's assets, it has the advantages of simple and prompt processing steps so this method is especially suitable for those overseas people who have abundant funds yet do not want to spend too much time on complicated processing steps.
Powered By OLEBIZ, the leading eBusiness solution provider.