Australia to simplify processes for these four visa types from July
In the next 3 months Australia will be simplifying several of its visa categories which lead to permanent residence.
Australia offers numerous routes to permanent residency, with skilled and sponsored visas being some of the more popular ones for many migrants seeking to live in the Land Down Under.
Businesslive reports a surge in the number of South Africans inquiring about emigration since the onset of COVID-19. Doctors, lawyers, farmers, engineers and entrepreneurs are reportedly among those seeking improved employment and lifestyle options outside of South Africa.
Australia visa changes coming in July
New Australian visa changes coming in July – what South Africans should know
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A simplified Australian Business Innovation and Investment Programme will halve the number of streams and provide clearer routes to permanent Australian residency for all applicants, says Sam Hopwood, Australian migration agent for
Hopwood said that from 1 July 2021, the Australian Business Innovation and Investment Programme will consist of just four streams: Business Innovation, Entrepreneur, Investor and Significant Investor.
This is down from the nine streams that have been available since the Premium Investor stream was launched in 2015.
Australia already holds a place as one of the top 10 citizenship-by-investment countries in the world. The refinement of the remaining streams aims to encourage further investment and make it easier for investors to remain in the country, he said.