Wish to begin a business around Australia? Here’s everything you must know about Start Up Visa Australia From Dubai.
The Australian government introduced the company Innovation and Investment (Provisional) visa (subclass 188), Entrepreneur stream inside a bid to improve the Australian economy. Many effective Australian start-ups happen to be founded by immigrants.
This can be a temporary visa that enables individuals to set up companies in Australia and live in the united states using their families for approximately five years. After meeting certain needs, they might also make an application for permanent resident status with the Business Innovation and Investment (Permanent) visa (subclass 888) Entrepreneur stream.
Start up Visa Australia From Dubai – Eligibility
To be eligible for the Australian start up visa category, individuals must meet the following criteria:
- They must have an invitation to apply
- They must be nominated by either a territory or state government agency
- The applicant must be under the age of 55 years
- The applicant must have a genuine intention to start a business or commercialize a product/ service. This should not be related to labour hiring, r4eal estate or the purchase of an existing franchise or enterprise
- Applicants invited to apply on or after July 1, 2021, must be endorsed by a recognized body
- Applicants invited to apply before July 1, 2021 must receive funding from an approved entity
- The applicant must be fluent in English
- The applicant must be in good health
- The applicant must meet the Australian government’s character requirement
- The applicant must not be in debt to the Australian government
- The applicant must not have had a visa cancelled earlier or earlier application refused
How To Get An Invitation To Apply For A Start up Visa Australia From Dubai
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The initial step to receiving an invite to try to get a apply for a start up visa in Australia would be to submit a manifestation of great interest on SkillSelect. The steps to become adopted are:
- Create an account on SkillSelect
- Note the expression of Interest Identification Number allotted
- Log in with the identification number and password
- Select the visa type. More than one visa type may be selected
- Select the English language test type that has been cleared and enter the details requested such as date of examination, test scores, etc.
- Enter your educational details and qualifications
- Enter details about your skills and employment history
- Read through and give relevant declarations
- Download the expression of interest
When the expression of great interest is recognized, the person might be nominated by an Australian condition or territory government agency.
Documents Required To Apply For A Start Up Visa Australia From Dubai
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Documents are required to prove the individual’s identity, business and assets. These include:
- National identity card
- Proof of change of name if required
- Document giving an overview of the proposed entrepreneurial activity
- Evidence of ownership interest in the said business
- Funding agreement
- Business plan
- Proof of having functional English skills
- Health documents
- Form 80 Personal particulars for assessment including character assessment
- Form 1221 Additional personal particulars information
- Form 956A Appointment or withdrawal of an authorised recipient
- Form 956 Appointment of a registered migration agent, legal practitioner or exempt person
Documents for the primary applicant’s partner:
- Proof of identity
- Current marriage certificate
Or
Documents to prove a de facto relationship that has lasted for over 12 months before the date of application.
- Joint bank account statement
- Joint billing account
- Joint mortgage or lease
- Document showing that both individuals live at the same address
- Documents about previous relationships if applicable
- National Police Certificate issued by the Australian Federal Police if the applicant has spent over 12 months in Australia in the last 10 years
- Overseas police certificates from every country that the applicant has spent more than 12 months in during the last 10 years
- Military service/discharge records if applicable
Documents for dependents over the age of 18 years:
- Proof of identity
- National Police Certificate issued by the Australian Federal Police if the applicant has spent over 12 months in Australia in the last 10 years
- Overseas police certificates from every country that the applicant has spent more than 12 months in during the last 10 years
- Military service/discharge records if applicable
- Proof of dependency if the child is over the age of 23 years or dependent because of physical/ cognitive limitations
Documents for dependents under the age of 18 years:
- Copy of birth certificate/ adoption papers
- Form 1229 Consent form to grant an Australian visa to a child under the age of 18 years
Or
Statutory declaration giving consent for the child to enter Australia on this visa category.
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How To Apply For An Australian Start Up Visa
Application might be posted online in ImmiAccount. The invitation letter received contains instructions regarding how to submit the applying and documents.
After the primary applicant’s visa has been issued, applications may be submitted for other members of the family.
Australian Start Up Visa from Dubai Application Fees
- Fee for the primary applicant: AUD 4,115
- Fee for an additional applicant over the age of 18 years: AUD 2,060
- Fee for an additional applicant under the age of 18 years: AUD 1,030
Applicants over the age of 18 years with less than functional English will have to pay an extra fee in the second installment.
- Second instalment fee for the primary applicant: AUD 9,795
- Second instalment fee for family members: AUD 4,890
Australian Start Up Visa Processing Time
There is no fixed time in which this visa application may be processed. The application processing can take anywhere between 3 and 7 months.
In summary
The Start up Visa Australia From Dubai has become a vital tool in attracting and nurturing entrepreneurial talent from around the world. It has positioned Australia as a global hub for innovation and entrepreneurship, fostering economic growth, job creation, and international collaboration. With its continued support and enhancement, the program has the potential to further strengthen Australia’s position as a leader in the global start-up ecosystem.
The Start Up Visa program provides a streamlined pathway for talented individuals with innovative business ideas to enter Australia and receive support from the local ecosystem. It enables entrepreneurs to access a range of benefits, including funding opportunities, mentorship, networking, and access to Australia’s thriving business community. By attracting and retaining skilled entrepreneurs, the program has contributed to the country’s economic development and job creation.
FAQ
Q: What is the Start Up Visa program in Australia?
A: The Start Up Visa program in Australia is a government initiative that allows aspiring entrepreneurs from around the world to establish and develop their innovative businesses in Australia. It provides a streamlined pathway for talented individuals with innovative business ideas to enter Australia and receive support from the local start-up ecosystem.
Q: Who is eligible for the Start Up Visa program in Australia?
A: The eligibility criteria for the Start Up Visa Australia From Dubai include having an innovative business idea or concept, having obtained funding or support from a recognized Australian organization, meeting the English language requirements, and having a genuine intention to establish and operate a business in Australia.
Q: How can I apply for the Start Up Visa Australia From Dubai?
A: To apply for the Start Up Visa program from Dubai, you need to submit an online application through the official Australian government website. The application process typically involves providing detailed information about your business concept, funding or support received, and your background as an entrepreneur.
Q: Is there a specific funding requirement for the Start Up Visa program?
A: Yes, to be eligible for the Start Up Visa Australia From Dubai, you need to demonstrate that you have received funding or support from a recognized Australian organization. The amount of funding required may vary, and it is advisable to check the specific requirements outlined by the Australian government.
Q: What benefits can I expect from the Start Up Visa program?
A: The Start Up Visa Australia From Dubai offers several benefits, including access to funding opportunities, mentorship, networking events, and support from the local start-up ecosystem. It provides a supportive environment for entrepreneurs to develop their business ideas and gain exposure to Australia’s thriving business community.
Q: Can my family accompany me to Australia under the Start Up Visa program?
A: Yes, the Start Up Visa program allows for family members, including spouses and dependent children, to accompany the visa holder to Australia. Family members may also have access to work and study opportunities during their stay.
Q: How long does the Start Up Visa program allow me to stay in Australia?
A: The Start Up Visa program initially grants a temporary visa, usually for a period of up to 4 years. However, after meeting certain criteria, such as demonstrating the success and viability of your business, you may be eligible to apply for permanent residency in Australia.
Q: Are there any limitations on the type of business that can be established under the Start Up Visa program?
A: The Start Up Visa program is open to a wide range of business ideas and sectors. However, it is important to ensure that your business concept is innovative and has the potential for growth and success in the Australian market. It is advisable to research the market and seek guidance from experts to determine the viability of your business idea.
Q: Can I extend my visa under the Start Up Visa program?
A: Yes, it is possible to extend your visa under the Start Up Visa program if you meet the relevant criteria. The extension is typically subject to demonstrating the progress and success of your business, as well as meeting any additional requirements set by the Australian government.
Q: How can I access support and resources for my start-up in Australia?
A: Once you are granted a Start Up Visa, you will have access to a range of support services, funding opportunities, mentorship programs, and networking events provided by the Australian start-up ecosystem. These resources can help you develop your business, connect with potential investors, and gain exposure to the local market.