Introduction of New Visa for Overseas Entrepreneur in South Australia

South Australia has inaugurated a big break for the Overseas Entrepreneurs who want to invest and start their business. A new visa for Overseas Entrepreneurs who are willing to start their business in South Australia can apply for this latest visa.  This announcement was declared in March 2018 before the South Australia elections period.

The intention of introducing this visa is to entice the overseas worthy business people who can contribute to the South Australia economy by investing. As per the Statement given by David Ridgway the Minister for Investment, Tourism, and Trade in South Australia – this visa program will provide job vacancies for the localities and there will be an enhancement in the local entrepreneurial culture growth.

This new visa will be utterly distinctive from the current Australian Business and Innovation and Entrepreneurial visas.  There will be no requirement to invest the specific amount of funds. The significant and wholly requirement will be to pass the English language skills. The applicant should have vocational English. The applicants with innovative and out-of-the-box business ideas will be upheld. They will be granted the provisional visa first, to begin their business project in Australia.  This whole process will be monitored by the Federal and State Government of Australia who will accept those business proposals of the applicants which are conducive and can easily set up in the country. The applicants may get qualified to apply for the Australian PR visa if their business idea is praiseworthy. Business people and entrepreneurs who are able to build successful business plans in Australia will be eligible for permanent residency in Australia. The continuation of this pilot gram will be for four years and it will be executed across the 30 places in the first year itself. There will be the expansion in the number of visas every passing year.

Eligibility Criteria to apply for this visa program:

  1. The applicant should be less than 45 years of age.
  2. He/she should have vocational English i.e. they have to get 5 bands in every section in IELTS exam (International English Language Testing System).

Great opportunity for the International Business people and Entrepreneurs

There is always a demand for skilled worker in different states and territories of Australia to meet the nation’s skill shortage gap. After the changes made in Australian Immigration Policies, this is the opportunity for the overseas individuals to settle in Australia permanently as a skilled worker or entrepreneur.

If you’re looking forward to setting up business in Australia, you can consult Make Visas experts. For availing complete information, you can call on the official helpline +91-7042184185 or write down your queries on info@makevisas.com.