To obtain Australian business residency through investment from Bangladesh, you can consider the Business Innovation and Investment (Provisional) Visa (Subclass 188). This visa offers several streams tailored to different business and investment activities, each serving as a pathway to permanent residency.
1. Business Innovation Stream (Subclass 188A): Designed for individuals with a successful business career who wish to establish or manage a new or existing business in Australia.
Eligibility Criteria:
- Age: Under 55 years, unless waived by a nominating state or territory.
- Business Turnover: Ownership in one or more businesses with a minimum annual turnover of AUD 750,000 in at least two of the four fiscal years immediately preceding the application.
- Net Assets: Personal and business assets totaling at least AUD 1.25 million, legally acquired and transferable to Australia within two years of visa grant.
- Points Test: Achieve a minimum score of 65 on the business innovation and investment points test.
2. Investor Stream (Subclass 188B): For individuals willing to make a designated investment in an Australian state or territory and maintain business and investment activity in Australia.
Eligibility Criteria:
- Age: Under 55 years, unless waived by a nominating state or territory.
- Investment Experience: At least three years of direct involvement in managing eligible investments or qualifying businesses.
- Net Assets: Personal and business assets of at least AUD 2.5 million, legally acquired.
- Investment Commitment: Ability to invest a minimum of AUD 2.5 million in a designated investment in Australia.
- Points Test: Achieve a minimum score of 65 on the business innovation and investment points test.
3. Significant Investor Stream (Subclass 188C): Tailored for individuals willing to invest at least AUD 5 million into complying significant investments in Australia.
Eligibility Criteria:
- Investment Commitment: Invest a minimum of AUD 5 million into complying significant investments, which include:
- At least AUD 500,000 in venture capital and growth private equity funds investing in start-ups and small private companies.
- At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.
- A balance of AUD 3 million in managed funds investing in a combination of assets, including Australian listed companies, corporate bonds, annuities, and commercial real estate.
- Residency Requirement: Reside in Australia for at least 40 days per year (cumulative) for the duration of the provisional visa, or ensure your spouse resides for at least 180 days per year.
Application Process:
- Expression of Interest (EOI): Submit an EOI through the SkillSelect system, indicating your interest in the desired visa stream.
- State/Territory Nomination: Obtain a nomination from an Australian state or territory government agency.
- Invitation to Apply: Once nominated, receive an invitation to apply for the visa.
- Visa Application: Lodge your visa application online through the ImmiAccount portal.
- Biometric Collection: Provide biometric data (facial photograph and fingerprint scan) at the Australian Biometrics Collection Centre in Dhaka.
Pathway to Permanent Residency: After maintaining the investment and meeting the residency requirements for the specified period, you may be eligible to apply for the Business Innovation and Investment (Permanent) Visa (Subclass 888), granting permanent residency in Australia.
For comprehensive and up-to-date information, refer to the Australian Department of Home Affairs and consult with a registered migration agent to guide you through the process.