Economic Residency in Australia (also known as Business Innovation and Investment Program or Residency by Investment) offers pathways to permanent residency for qualified investors and entrepreneurs who make substantial economic contributions to Australia through business ventures or investments.
Statistics
Economic residency in Australia provides multiple streams for business owners, investors, and entrepreneurs to obtain temporary residency with a pathway to permanent residency. This program is designed to attract foreign direct investment, foster innovation, and stimulate economic growth in Australia.
Minimum Income Amount
AUD 1.5 million to AUD 15 million (depending on stream)
Visa-Free Travel Countries
173
Months to Visa
9-12 months
Overview
A multi-stream pathway to permanent residency for qualified investors and entrepreneurs in Australia
Eligibility Requirements
Invest in complying investments or establish/develop a business
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
4-year provisional visa, leading to permanent residency
Months to Visa
9-12 months
Physical Presence Requirement
40 days per year (or 180 days for spouse)
Availability
Moderate
Family Allowance
Spouse and children
Overview
Economic Residency in Australia offers numerous advantages for investors and entrepreneurs looking to establish their presence in this diverse and prosperous nation.
Submit an Expression of Interest through SkillSelect, obtain state nomination, and apply for the visa
Overview
To qualify for Economic Residency, applicants must meet specific criteria demonstrating their business experience, investment capacity, or entrepreneurial skills.
Overview
Completed application form
Recent passport-sized photographs
Copy of passport
Evidence of business ownership or investment history
Proof of net investible assets
Business plan (for relevant streams)
Police clearance certificates
Health examination results
Evidence of English language proficiency
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Economic Residency application?
Can I include my family members in my Economic Residency application?
What are the investment options under the Economic Residency Program?
Do I need to live in Australia full-time to maintain my Economic Residency?
Can Economic Residents apply for Australian citizenship?
Australia offers a stable political environment, strong economy, and high quality of life for investors and entrepreneurs.
Benefits:
Advantages:
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