Business Migration
Australia, Canada & New Zealand have business migration programs to attract successful entrepreneur in their country. Each country has multiple programs & depending on type of visa it may be a conditional or unconditional visa. The purpose of business migration program is to attract successful businessperson in their country to benefit the economy. Business migration program generally has two main streams Entrepreneur category & Investor category.
TWO Main Stream:
Entrepreneur Category:
Entrepreneur category generally does not have condition to transfer funds before getting the visa but it is a conditional visa & applicant needs to fulfill specified conditions in specific time frame. Condition generally revolves around starting the business, hiring 1-2 Citizens or PR Holders, achieving revenue & Profit.
Investor Category:
Investor category is generally designed for Business person with high net worth. This category has a very high eligibility criteria & applicant have to invest a sizable amount in government secured bonds or funds. Depending on the program these investment may have fixed interest rate.
Family Visa:
Businessman look for these visa as they can avail most of the rights as a citizens for them & their family. The benefits include free education , health care , social security, unemployment, child care etc. Any member of the family completing 3 years of stay is eligible to apply for citizenship.
Saving:
Though business programs are generally expensive still it can result in great saving for families. A family planning to send their two children in Canada for higher education can save at least CAD$ 120,000 in three years on children education vs a student visa + children do not have restriction like student visa. Moreover they can take up full time/part time employment & days they spend in Canada will be counted towards citizenship.
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