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Australia's Economic Residency

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.

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Australia - Economic Residency

Discover Economic Residency in Australia

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

अवलोकन

A Snapshot of Economic Residency in Australia

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

अवलोकन

Benefits of Economic Residency in Australia

Economic Residency in Australia offers numerous advantages for investors and entrepreneurs looking to establish their presence in this diverse and prosperous nation.

  • Multiple pathways to permanent residency for you and your immediate family
  • Access to Australia's high-quality healthcare and education systems
  • Ability to live and work in Australia
  • Potential pathway to Australian citizenship after meeting residency requirements

How to Apply for Economic Residency in Australia

Submit an Expression of Interest through SkillSelect, obtain state nomination, and apply for the visa

अवलोकन

Requirements for Australia's Economic Residency Program

To qualify for Economic Residency, applicants must meet specific criteria demonstrating their business experience, investment capacity, or entrepreneurial skills.

  • Be under 55 years of age (unless exceptional economic benefit can be demonstrated)
  • Meet the points test with a minimum score of 65
  • Have a successful business or investment track record
  • Demonstrate required net assets (varying by stream)
  • Make qualifying investments or establish/develop a business in Australia
  • Obtain nomination from an Australian state or territory
  • Meet health and character requirements

अवलोकन

Documents Needed for Australia's Economic Residency

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

Discover How GlobalPassport Simplifies the Application Process for Australia's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Australia's Economic Residency

How long does it take to process an Economic Residency application?

प्लस आइकन

Can I include my family members in my Economic Residency application?

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What are the investment options under the Economic Residency Program?

प्लस आइकन

Do I need to live in Australia full-time to maintain my Economic Residency?

प्लस आइकन

Can Economic Residents apply for Australian citizenship?

प्लस आइकन

प्लस आइकन

Why Australia

Australia offers a stable political environment, strong economy, and high quality of life for investors and entrepreneurs.

फ़ायदे:

  • Political and economic stability
  • Robust and diverse economy
  • World-class education and healthcare systems

Advantages:

  • Beautiful natural landscapes and climate diversity
  • Multicultural society
  • Strong innovation and technology sectors

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Discover the latest blog posts about Australia

Keep up-to-date with the latest changes in Australian Mobility Assets here.

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