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Australia has announced New Entrepreneur Pilot Visa to Boost Economy & Professional Opportunities

Posted - 09, Mar 2018

The AustralianGovernment has announced to start a new Entrepreneur Pilot Visa for South Australia, for the individuals planning to setup business in the region. The best thing about this visa is that it won't need any compulsory funding expenditure, however an applicant need to show the 'Vocational English'.

New Entrepreneur Pilot Visa Program for SA

The New Entrepreneur Pilot Visa Program for South Australia has been announced to lure more entrepreneurs to the state from overseas. If this initiative of introducing new visa program becomes successful, it will make simpler and cheaper to setup a new business in Oz and likely to rolled out all across the country in the year 2019.The government of South Australia shall lure the foreign entrepreneurs in partnership with the small business incubators in the region.

Also read-South Australia has started a campaign to draw more Youngsters in 2018

Great Opportunity for overseas entrepreneurs and investors

The overseas entrepreneurs and investors have a great chance in establishing their business in SA by demonstrating their creative ideas and a supporting business plan and applying for a temporary visa to take forward their project in Australia. The applicants of this particular visa won't require the support or backing of funding, which is applicable in the existing entrepreneur visa, i.e. showing the funding of at least $200,000. In its place, the proposal of the applicant shall be examined by the SA or federal government departments and these departments will be able to partner with the incubators and accelerators to determinebudding applicants for nomination.

The successful Entrepreneurs, i.e. which are able to setup their business in Australia shall become eligible to apply for the permanent residency in Australia. Speaking about the decision, Australian Home Affair Minister Peter Dutton said, "The Government is focussed on increasing job opportunities and standards of living for Australians and we are doing this by fostering business growth and investment in Australia,"

He further added, 'Encouraging seed stage entrepreneurs to take forward innovative ideas in Australia will assist in growing the jobs of the future.;

Eligibility Criteria

The applicants of this visa needs to remember a few key things, i.e.

  • The applicant must be under 45 years
  • The applicant need to have Vocational Level English, i.e. Band 5 in all four language abilities of IELTS (the International English Language Testing System).

Also read- Australia Industry Group emphasized on the need of Foreign Skilled Workers

Skilled workers are equally in Demand in Australia

Australia also need skilled workers in good numbers to meet the skill shortage across its different states and territories. Recently Australia Industry Group indicated towards the considerable requirement of Foreign Skilled Workers in Australia.So, if you are a skilled worker outside Australia, year 2018 will be the great time to apply Permanent Residence Visas in Australia as Skilled Worker or Entrepreneur.

If you seek, advice, assistance or support to apply permanent residency in Australia in 2018, you may contact certified Australia migration experts and professionals at Visas Avenue. You may contact Visas Avenue Immigration Expert on Toll Free Number- 78-18-000-777. Alternatively, e-mail your queries to Visas Avenue e-mail id- [email protected].

Disclaimer – Visas Avenue does not deal in any type of job or job assistance services. Visas Avenue is not a job recruitment agent or job service provider. Visas Avenue does not offer consultancy on / overseas jobs/work permits/international or domestic placements

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