Australian Visa For 50 Year Old
Australian visa for 50 year old, if you are reading this post then there are many chances of you to apply for Australian visa. You must have known that it is very difficult to travel to Australia and live there without applying for a visa. The Australian immigration tends to accept visa applications from people who are visiting Australia on temporary (holiday) or permanent basis. The great news for those people who have found that they have reached the age of 50 years and still want to travel around the world which has never been a problem for those who are over 40 years old.
If you are planning to travel to Australia, you would want to get the best visa for 50 year old. The Australian Government has introduced changes for any person above the age of 16 years in order to make it easier for people who have not lived in Australia longer than 30 days.
With strict age restrictions in place for most work visas, one might wonder, “Can you immigrate to Australia if you are over 50?”
The good news is that there are visas that allow people over 50 to immigrate to Australia. These visas are as follows:
- Business Innovation Stream (Provisional) Visa
- Business Talent Visa
- Global Talent Visa
- Parent Visas
Let’s take a closer look at each visa.
Business Innovation Stream (Provisional) Visa (subclass 188)
The subclass 188 visa is a four-year provisional visa. It is the first step towards permanent residency. You’ll apply for permanent residency through the Business Innovation and Investment Visa (subclass 888).
The requirements to meet under the subclass 188 visa will depend on the stream under which you apply:
- Business Innovation stream: You want to establish, develop and manage a new or existing business in Australia.
- Investor stream: You want to make a designated investment of at least AU$1.5 million in an Australian state or territory and maintain business and investment activity in Australia.
- Significant Investor stream: You are willing to invest at least AU$5 million into complying investments in Australia and maintain business and investment activity in Australia.
For both the Business Innovation and Investor stream, you must be under the age of 55. That’s not much older than 50, so don’t take too long to apply if you’re already 50!
Business Talent Visa (subclass 132)
The subclass 132 visa allows you to establish a new business or develop an existing business in Australia. It has two streams:
- Significant Business History stream: For high-calibre business owners or part-owners who want to do business in Australia.
- Venture Capital Entrepreneur stream: For people who have sourced venture capital funding from an Australian Venture Capital Association Limited (ACVAL) member.
You must have state nomination to apply for the subclass 132 visa, and you must be 55 years of age or younger. States or territories may waive the age requirement if you can meet specific criteria.
Global Talent Visa
The purpose of the Global Talent Visa is to attract the world’s best and brightest talent to grow Australia’s economy. You’ll be eligible to apply if you are highly skilled in one of these 10 target sectors:
- Resources
- Agri-good and AgTech
- Energy
- Health Industries
- Defence, Advanced Manufacturing and Space
- Circular Economy
- DigiTech
- Infrastructure and Tourism