- BUSINESS INNOVATION STREAM FAQs
- BUSINESS INNOVATION STREAM FAQs
- BUSINESS TALENT VISA STREAM FAQs
- Australian Permanent Business Visa (Subclass 888A) FAQ
- General
Is Millennium Migration a registered company?
Yes, Millennium Migration is an Australian Registered Company headquartered in Melbourne, Australia. We have representatives across the globe.
Are Millennium Migration Agent’s and lawyers registered?
Yes, all the agents and lawyers that you deal with are registered with the MARA registration authority. Our senior migration agent, Mr. Sam Lotfollahi has been این registered with OMARAfor more than a decade.
Will we be assisted in Australia?
Yes, we will be with you all the way until you receive your citizenship and passport. We know the challenges every new Entrepreneur or businessperson faces upon settling in Australia and we know how to assist in order to successfully overcome every one of them.
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What are the main requirements for
Australian Business Visa – Business Innovation stream?
You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa. You will not receive an invitation if you are aged 55 or older at the time of the invitation to apply for the visa. If you are older, a State or Territory might invite you to apply for this visa if your business will be of exceptional economic benefit. When you are invited to apply for this visa, you, your partner, or you and your partner combined must have total net business and personal assets of at least AUD800,000. Your funds must be available to transfer to Australia within 2 years of us granting the visa.
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What are the state sponsorship
scoring factors for an entrepreneurship and innovation
visa?
Age points 18-24 20 25-32 30 33-39 25 40-44 20 45-54 15 55+ 0 Language points لیسانس یا بالاتر دررشته های علوم پایه، مهندسی، پزشکی و دندانپزشکی، تکنولوژی و یا مدیریت بازرگانی می باشم. 10 فنی حرفه ایی، دیپلم 5 Language points Proficient (equal to IELTS 7 or equivalent) 10 Competent (similar to IELTS 5 or equivalent) 5 Business experience 7 Years or more 10 4 years or more 5 Turnover * Not less than AUD500,000 10 Not less than AUD1 million 15 Not less than AUD1.5 million 25 Not less than AUD2 million 35 Financial assets * Not less than AUD800,000 5 Not less than AUD1.3 million 15 Not less than AUD1.8 million 25 Not less than AUD2.25 million 35 Special endorsement Patents or designs registered not less than 1 year before that time and used in the day to day activities of the main business 15 Trademarks registered not less than 1 year before that time and used in the day to day activities of the main business 10 An ownership interest in a main business/s that derives no less than 50% of its annual turnover from export trade 15 Usually, you must score at least 65 points to apply to be eligible to apply for a business visa for entrepreneurship and innovation.
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How long does it take to apply for
a business visa?
Currently, the time required to apply for a 188-subclass visa is approximately 14 to 18 months. It is hoped that the Australian Government will double the processing time for business visa applicants after the Corona era.
-
Will the Millennium Team accompany
us after obtaining a permanent business visa in
Australia?
Yes. We will be with you from the beginning of the Australian Business Visa route until you start your business in Australia and attend the Citizenship Ceremony.
-
How long will it take for me to
enter Australia after obtaining a business visa?
You will usually be given at least 4 to 6 months to enter Australia. If you need more time to enter Australia, we will correspond with your case officer, and if the Migration Board agrees, you will usually have enough time to get to Australia.
-
Will I need to transfer capital
upon arrival?
No. You can transfer the capital required to start your intended business in Australia up to 1.5 years after visa grant.
-
Will I get health insurance
services with a business visa?
You will be covered by private insurance as long as you hold an Australian Temporary Business Visa,You will be issued a Medicare card, or Australian General Health Insurance, immediately after applying for a permanent business visa.
-
Will we be able to educate our
children for free with an Australian business visa?
Yes. Your children can benefit from studying in Australian public schools until the end of high school free of charge..
-
What are the most effective
components for business success in Australia?
Ensure that you have sufficient financial resources to complete the visa process from the beginning to the time of obtaining a permanent visa. Adequate command of English Respect and abide by the rules and act promptly to your duties as a business owner Attend short courses on fundamental Australian business Practice
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Is it possible to travel outside of
Australia at the time set for the Australian Business
Visa?
You can leave Australia several times during your business visa period and re-enter Australia. During the two years you will run your business, you can leave Australia for a maximum of six weeks each year. If you need to travel continuously to manage your active and current business, you will be able to; if you meet the requirements, your spouse will be selected as an operational manager and the main applicant, and in two years of business activity, get out of Australia and re-enter your business several times.
-
What are the main requirements
for Australian Business Visa – Business Innovation
stream?
You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa. You will not receive an invitation if you are aged 55 or older at the time of the invitation to apply for the visa. If you are older, a State or Territory might invite you to apply for this visa if your business will be of exceptional economic benefit. When you are invited to apply for this visa, you, your partner, or you and your partner combined must have total net business and personal assets of at least AUD800,000. Your funds must be available to transfer to Australia within 2 years of us granting the visa.
-
What are the state sponsorship
scoring factors for an entrepreneurship and
innovation visa?
Age points 18-24 20 25-32 30 33-39 25 40-44 20 45-54 15 55+ 0 Language points لیسانس یا بالاتر دررشته های علوم پایه، مهندسی، پزشکی و دندانپزشکی، تکنولوژی و یا مدیریت بازرگانی می باشم. 10 فنی حرفه ایی، دیپلم 5 Language points Proficient (equal to IELTS 7 or equivalent) 10 Competent (similar to IELTS 5 or equivalent) 5 Business experience 7 Years or more 10 4 years or more 5 Turnover * Not less than AUD500,000 10 Not less than AUD1 million 15 Not less than AUD1.5 million 25 Not less than AUD2 million 35 Financial assets * Not less than AUD800,000 5 Not less than AUD1.3 million 15 Not less than AUD1.8 million 25 Not less than AUD2.25 million 35 Special endorsement Patents or designs registered not less than 1 year before that time and used in the day to day activities of the main business 15 Trademarks registered not less than 1 year before that time and used in the day to day activities of the main business 10 An ownership interest in a main business/s that derives no less than 50% of its annual turnover from export trade 15 Usually, you must score at least 65 points to apply to be eligible to apply for a business visa for entrepreneurship and innovation.
-
How long does it take to apply
for a business visa?
Currently, the time required to apply for a 188-subclass visa is approximately 14 to 18 months. It is hoped that the Australian Government will double the processing time for business visa applicants after the Corona era.
-
Will the Millennium Team
accompany us after obtaining a permanent business
visa in Australia?
Yes. We will be with you from the beginning of the Australian Business Visa route until you start your business in Australia and attend the Citizenship Ceremony.
-
How long will it take for me to
enter Australia after obtaining a business visa?
You will usually be given at least 4 to 6 months to enter Australia. If you need more time to enter Australia, we will correspond with your case officer, and if the Migration Board agrees, you will usually have enough time to get to Australia.
-
Will I need to transfer capital
upon arrival?
No. You can transfer the capital required to start your intended business in Australia up to 1.5 years after visa grant.
-
Will I get health insurance
services with a business visa?
You will be covered by private insurance as long as you hold an Australian Temporary Business Visa,You will be issued a Medicare card, or Australian General Health Insurance, immediately after applying for a permanent business visa.
-
Will we be able to educate our
children for free with an Australian business
visa?
Yes. Your children can benefit from studying in Australian public schools until the end of high school free of charge..
-
What are the most effective
components for business success in Australia?
Ensure that you have sufficient financial resources to complete the visa process from the beginning to the time of obtaining a permanent visa. Adequate command of English Respect and abide by the rules and act promptly to your duties as a business owner Attend short courses on fundamental Australian business Practice
-
Is it possible to travel
outside of Australia at the time set for the
Australian Business Visa?
You can leave Australia several times during your business visa period and re-enter Australia. During the two years you will run your business, you can leave Australia for a maximum of six weeks each year. If you need to travel continuously to manage your active and current business, you will be able to; if you meet the requirements, your spouse will be selected as an operational manager and the main applicant, and in two years of business activity, get out of Australia and re-enter your business several times.
-
What are the main requirements
for Australian Business Talent stream?
You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa. You will not receive an invitation if you are aged 55 or older at the time of the invitation to apply for the visa. If you are older, a State or Territory might invite you to apply for this visa if your business will be of exceptional economic benefit. When you are invited to apply for this visa, you, your partner, or you and your partner combined must have total net business and personal assets of at least AUD$1,500,000.00. Your funds must be available to transfer to Australia within 2 years of us granting the visa.
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What is Business Turn-Over
Requirements?
For 2 out of 4 fiscal years immediately before you receive an invitation to apply, you must have had an ownership stake in 1 or 2 businesses that had at least AUD 3,000,000 turnover in each of those 2 years. Whether you have 1 or 2 businesses, you must own at least:
- 51%, of the total value of the business if the business has a turnover of less than AUD400,000 per year
- 30%, of the total value of the business if the business has a turnover of AUD400,000 or more per year, or
- 10%, of the total value of the business if the business is operated by a publicly listed company
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Can I get an Australian Business
Visa by buying shares?
No. In Australia, it will not be possible to obtain a visa by purchasing any number of shares.
-
How long does it take to apply
for a business visa?
Currently, the time required to apply for a 188-subclass visa is approximately 14 to 18 months. It is hoped that the Australian Government will double the processing time for business visa applicants after the Corona era.
-
Will the Millennium Team
accompany us after obtaining a permanent business
visa in Australia?
Yes. We will be with you from the beginning of the Australian Business Visa route until you start your business in Australia and attend the Citizenship Ceremony.
-
How long will it take for me to
enter Australia after obtaining a business visa?
You will usually be given at least 4 to 6 months to enter Australia. If you need more time to enter Australia, we will correspond with your case officer, and if the Migration Board agrees, you will usually have enough time to get to Australia.
-
Will I need to transfer capital
upon arrival?
No. You can transfer the capital required to start your intended business in Australia up to 1.5 years after visa grant.
-
Will I get health insurance
services with a business Talent Visa?
You will be issued a Medicare card, or Australian General Health Insurance, immediately after being granted a permanent business visa.
-
Will we be able to educate our
children for free with an Australian business
visa?
Yes. Your children can benefit from studying in Australian public schools until the end of high school free of charge.
-
What are the most effective
components for business success in Australia?
Ensure that you have sufficient financial resources to complete the visa process from the beginning to the time of obtaining a permanent visa. Adequate command of English Respect and abide by the rules and act promptly to your duties as a business owner Attend short courses on fundamental Australian business Practice. Learn Australian Accounting 101 in your field of interest Accurate and continuous recording of events.
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Is it possible to travel
outside of Australia on business talent visa?
You can travel as many times as required on this visa. You won’t have any travel restrictions.
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What is the Australian Permanent
Business Visa (Subclass 888A) requirements?
- Have at least A$ 200,000.00 of assets in the applicant's business from the beginning of the second year of business.
- Sales of $ 300,000 (Plus 10% GST tax)
- فروش 300 هزار دلاری (و پرداخت 10 درصد مالیات GST)
- Two full-time Australian staff (permanent residents or citizens) who is not your next of kin.
- Investing $ 400,000 (in addition to the previous $ 200,000) and having a total of A$600,000
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What other important factors
will I need to apply for my permanent business
visa?
In addition to the above conditions, following the following points in your case will be very effective
- Accurate and up-to-date accounting
- Observance of laws related to payment of salaries, pensions, and taxes of employees
- Observance of laws on safety, health, and hygiene of the workplace and employees
- Accurate storage of documents, documents, business receipts
- Pay and fulfill all your commitments on time (state and federal taxes, employees' salaries, and pensions)
- Ability to prove your role in day-to-day business management
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How long does it take to apply
for a business visa?
Currently, the time required to apply for a 888 subclass visa is approximately 12 to 16 months. It is hoped that the visa review duration will be reduced shortly.
-
Will the Millennium team
accompany us in obtaining a permanent business visa
in Australia?
Yes. We will be with you when you commence your business in Australia until you attend the Citizenship Ceremony.
-
Will I be able to travel after
submitting my permanent visa application?
Yes. You will usually be granted a Bridging A visa as soon as you apply for a permanent visa. To travel out of Australia, you will need to apply for a bridging visa B, which usually allows you to travel for up to 6 months.
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Do I have to continue my
business after applying?
Sure. It is not just for the sake of acquiring a visa that you have started this business, and you are committed to benefiting the economy of Australia and your nominating state.