Possible to convert visitor visa to business visa if I make an Investment

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Possible to convert visitor visa to business visa if I make an Investment


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Old 12-20-2009, 01:57 AM
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Possible to convert visitor visa to business visa if I make an Investment

I require some professional advice/help on the following issue.

If I enter Australia on a visitor visa, and Make an investment e.g. buy a business or invest few thousand dollars in an existing business, or start a new business, would it be possible to extend/convert my visa onshore? Provided that my visa has not been issued with the 8503 condition.


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Old 12-20-2009, 10:43 AM
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Hello freestyler and welcome to the forum,

Seems you have had a bit of a look at some info seeing as you know about the 8503 and that's good.

Though there are a few visas of same classification that are convertible, like a 175/176, converting as in going from one classification to another will involve applying for a new visa that then supercedes the visa you previously held, it normally being that only one visa can ever be held at any one time.

Most visas can be applied for onshore or there'll often be onshore and offshore versions of the same classification but I do not think that applies to Business visas.

Have a read starting with Business - Visas & Immigration

What'll you find from recall is that it'll be a huge sum more than a few thousand and even more than a few hundred thousand.

Last time I looked, business visas are set up on a state by state basis with involvement of states re nomination and some states if not all have a state treasurey bond lodgement provision, $.5M I think it may be for NSW as an example.

On top of that there is the ammount that the federal government look at for investing in a business and that's something like another $.5M from recollection.

I could confirm the above by looking at relevant links in the appropriate sections from page linked above but I'll save that for you and you can see exactly what the various options/costs may be.


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Old 12-22-2009, 10:37 AM
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sorry, a few thousand dollars will not do.
good luck anyway
dorota


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Old 12-22-2009, 10:55 AM
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50,000 to 100,000????


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Old 12-22-2009, 11:58 AM
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Nope!, see I posted $.5M [twice] and link to visa area you can explore.


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Old 06-23-2010, 03:09 AM
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Business Migration/Residency

These issues can be quite complex and can include subjective judgements by decision makers in the Department. Without exception you should refer these questions to the Department, or engage a qualified migration agent to get specific answers, in writing, to avoid error or disappointment.

These days it's possible to establish a "portable business" in any country and actually bring that with you for an instant, profitable business in Australia.

This isn't available in every country, but certainly is for most of Europe, USA, South Africa (not yet Zimbabwe or Zambia) and many Asian countries (not yet India).

I'd encourage any prospective business migrant to get themselves solid with a portable business in their own country to increase their probability of acceptance.

The other obvious advantage to this is that you've got high income from day 1 in the country, instant business connections, and the move isn't so much of a financial hit.

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Originally Posted by freestyler View Post
I require some professional advice/help on the following issue.

If I enter Australia on a visitor visa, and Make an investment e.g. buy a business or invest few thousand dollars in an existing business, or start a new business, would it be possible to extend/convert my visa onshore? Provided that my visa has not been issued with the 8503 condition.


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