Foreigners taking up residency in Australia.

The Federal Government is offering several initiatives to entice foreigners with specialist skills to take up residency in Australia. One of the visas most sought after, is the 845 visa. The requirements to qualify for this visa are very stringent and can in simplistic terms be satisfied once the applicant has owned a small business for a certain length of time. The business must have a certain value and must employ a stipulated number of existing Australian citizens. There are a variety of other different thresholds that must be achieved by the business before its proprietors are eligible to make application. Once the business has been established in the name of the applicant for a given period of time, the individual can then make application for this much sought after 845 visa. Many immigrants are choosing to purchase businesses as a viable way of gaining residency and / or citizenship in Australia. Further information on this visa can be found at the following address: www.immi.gov.au/skilled/business/845/

In Newcastle we have a wonderful university which enjoys a splendid reputation for academic achievement. Many thousands of foreign students are enrolled in a wide variety of tertiary studies endeavouring to obtain qualifications and degrees in a variety of differing disciplines. Many of these students come to appreciate Newcastle and its fantastic way of life. Newcastle has a great deal to offer, and many overseas students feel they would like to take up permanent residency once they have been in the region completing their studies. Once they have graduated and gained their required academic skills, they can become eligible to contemplate life on a permanent basis in Australia. They can do this by purchasing an established business and the best way to for them to do that is to contact one of our sales personnel at Wilsons Business Brokers. At Wilsons are able to provide interpreter services if required.

Business of the Moment

Business of the Moment

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