Business Migrants wanting to establish themselves in South Australia must (within 2 years from arrival) establish or partner with a local business, and either:
- export at least $600,000 in South Australian produced or manufactured product or services ($1,000,000 if wine); or
- invest at least $1,500,000 into a local business or property development.
There are currently over 400 permanent resident Business Migrants in South Australia, with over 1,400 additional migrants in the pipeline waiting for the Federal Government to approve their visa applications. That equals around $1 billion of new trade and investment into South Australia over the next 1-2 years.
NW Alliance and the ACBC have partnered with Immigration SA to support local businesses to prepare for the coming influx of Subclass 132 Business Migrants.
They will be running a series of seminars designed to support our members and local SME businesses to:
- understand the opportunities created by Immigration SA’s business migration program;
- prepare and develop their trade or investment pitch;
- ensure trade and/or investment proposals are migration compliant;
- understand how to close and document deals;
- identify opportunities to connect with business migrants.