Canadian Business owner, want to move to Australia

B

bc2us

Registered Users (C)
Hi,

I need some information from anyone who can give it.
I own a small family business in Canada. I am a canadian citizen with NO family in australia. I briefly read the details on what I may need to open a business in Australia.

If I am correct, my business needs to gross $500 000 Australian for 2 or 4 years previous to my application. Of that $500 000, $200 000 would have to be mine. As well, I will have needed to employ the equivalent of 2 full time employees outside of my immediate family.
Does all of this apply to citizens of the commonwealth?

This seems difficult. On our best year, we will gross $400 000 canadian and we have never hired anybody outside of our family.

Is there another way of moving my business to Australia without having such large monetary amounts???

ANYONE WHO HAS ANY INFO PLEASE! PLEASE HELP!!!
 
Business Visa to Australia

Hi there,

I am a registered agent in Sydney Australia. My name is Marina Khachatrian (MARN 0636264 ) and I can give you some information regarding your query.

First of all the type of visa you are referring to is Subclass 160. There is another visa (Subclass 163) which is the State/Territory Sponsored visa, which has different criteria to be met.

1. You must be under 55 years of age.
2. You must be sponsored by a State/Territory
3. You must have an ownership interest in a main business (or two main business combined) with an an annual turnover of at least AUD$300,000 in at least two of the four fiscal years immediately before you apply.
or
You are a senior manager
4.Your (and your spouse's combined) total assets have a net value of at least AUD$250,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
5.You have sufficient assets (additional to those above) to settle in Australia.
6.You have not been engaged in a business where the provision of professional, technical, or trade services took up more than half your time

And the general criteria about health and character need to be met as well.

As you can see there are differences in the two visas and I think this may be more suitable in your circumstances, however I will need to assess your eligibility before I can definitely recommend this visa to you.

If you require further information you can email me at k.marina@bigpond.net.au.

Thanks
 
visa express said:
Hi there,

I am a registered agent in Sydney Australia. My name is Marina Khachatrian (MARN 0636264 ) and I can give you some information regarding your query.

First of all the type of visa you are referring to is Subclass 160. There is another visa (Subclass 163) which is the State/Territory Sponsored visa, which has different criteria to be met.

1. You must be under 55 years of age.
2. You must be sponsored by a State/Territory
Do I need to be sponsored even for the subclass 160?

3. You must have an ownership interest in a main business (or two main business combined) with an an annual turnover of at least AUD$300,000 in at least two of the four fiscal years immediately before you apply.
Annual Turnover means the amount of money that we made before taxes and expenses?
or
You are a senior manager
4.Your (and your spouse's combined) total assets have a net value of at least AUD$250,000 and were legally acquired If we have a savings of $300 000 without owning our our home, does that qualify?and are capable of being transferred to Australia within two years of being granted this visa.
5.You have sufficient assets (additional to those above) to settle in Australia. Is there a fixed amount?
6.You have not been engaged in a business where the provision of professional, technical, or trade services took up more than half your time
I am not sure what this means
And the general criteria about health and character need to be met as well.

As you can see there are differences in the two visas and I think this may be more suitable in your circumstances, however I will need to assess your eligibility before I can definitely recommend this visa to you.Did you just give me requirement for the subclass 160 or for both?

If you require further information you can email me at k.marina@bigpond.net.au.

Thanks
Click to expand...

Thanks in advance
 
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