Australia Is Introducing A New Visa For A Good Economy And Jobs

06 Mar 2018

The Government in Australia will introduce a new visa, meant for individuals who are eager to establish businesses in the country. It will not require a mandatory fund outlay and the applicant needs to show and speak vocational English.

Several permanent residents having a South Australian state nomination move to other areas like Melbourne and Sydney, on the lookout for improved opportunities.

Present policies in SA are designed to focus only on business migration and do not attempt to retain skilled migrants in the state.

The Federal Government has stated that for increasing the job opportunities, it is starting a New Visa to promote entrepreneurship and improve the economy of the state.

The Federal Government has assured the South Australian Liberals to pilot this visa from their state.

Peter Dutton, Minister of Home Affairs has stated that the Government has a focus on increasing employment opportunities and standards of living for countrymen and it is possible through business growth and investment in Australia.

 In this visa, overseas entrepreneurs and investors who have an innovative idea and a business plan to support it can apply for a temporary visa for establishing their venture in Australia.

 The active entrepreneur visa needs a mandatory capital investment of $200,000 which will not be required for the projected visa.

 The business proposals of the applicants will be examined by the authorities of the State/Federal Government before giving a Temporary visa to Australia. Encouraging entrepreneurs who are at the beginning stage for taking forward their innovative ideas will help in job growth in the future.

Successful Entrepreneurs who establish their business venture in the country can then apply to gain the permanent residence to Australia

The applicants should be below 45 years of age and possess vocational level band 5 of English in each of four components of the International English Language Testing Service. This arrangement will help the participants to apply for South Australian permanent residence and develop their plan of business into the victorious enterprise which will create fresh companies and new jobs in the state.

It will facilitate more investment in advanced manufacturing and defense technology sectors which have a great capacity to grow after the Federal Government’ decided to have a Naval Shipbuilding Program in South Australia. The future is uncertain as this is seen as an election promise, but its progress is worth watching.

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