There are certain dynamics of the Australian market that make it an ideal place to start a business. The chances of an innovative business idea working in Australia are high. Some of the reasons you should invest in Australia are:

• The availability of knowledgeable and skilled workers – Australia has one of the highest literacy rates and therefore finding someone with the skills you require to run your business will be easy. If you want to hire workers for abroad, you can do so via the general skilled migration visa scheme.
• The affordability – Australia has one of the richest middle class in the world and they are enthusiastic about trying new things. So if your business brings them something they think is unique, then it is likely that your business will flourish.
• The Convenience – Ecommerce has already become popular in most Australian cities and so you don’t even have to invest too much in an office or commercial property, you can simply start a business online.

When considering starting a business in Australia, or to migrate to the country as the owner of a business or investor, knowing which immigration route suits you best is important. Once you know which immigration strategy you need to use to apply for a business visa, the process of planning the start of your business in the country will be a lot easier.

There are two main categories of visas which people can opt for themselves or for the people they employ. They are:

• Residence Visa Categories
• Temporary Visa categories

Residence Visa Categories

-        Business Talent (Migrant) Visa: Business Talent visas are permanent visas granted to people with a history of successfully owning a business or people who have venture capital funding in the country.

-        Business Innovation and Investment (residence) subclass 888 Visa: After the subclass 188 Provisional Business Innovation and investment, this is the next and the permanent stage. In order to apply for the subclass 888, one must have an established and operative business in Australia or a maintained investment in bonds.

Temporary Visa Categories

-        Significant Investor Subclass 188 Visa: The investor visa is for  people who are willing to make an investment of 5 million dollars in Australia

-        Business Visitor Visas: This may interest people who want to visit Australia for short term business purposes such as meetings, or to look into the market for business related opportunities. Valid for up to 3 months.

-        Business innovation and investment (provisional) subclass 188 visa: Both business owners and investors can avail this provisional visa. Valid for four years.

Before making a decision of starting a business in Australia, it is necessary to think of the reasons why you may think doing so is a good idea. It is also important that you consult a registered migration agent to know which route is best for you and what you need to do to be eligible to migrate to Australia on a business visa.