Business visa 163 anyone got a visa yet? (Part two.....)
Nov 29th 2009, 12:33 am
#16
Forum Regular
Joined: Sep 2004
Location: Mt Claremont, Perth
Posts: 254
Re: business visa 163 anyone got a visa yet?
Hi Bunbury is our destination choice. We have family there and also Perth. Business choice... Wholesale/distributor probably, we shall see whats available when we get the visa. A bit worried about stories we have seen where 'Cashed-up Poms' are taken for a ride buying a no-good business. Any help here guys? What has been your experience?
Cheers
J P & L
Cheers
J P & L
There are a lot of businesses around that are targeted at people who want to have a business purely to get their family in and don't really care if it makes money or not - but they are fairly obvious. Real businesses with assets
and a future are around - but you do need to look for them. I'll see if I can find the names of bona fide business agents
Nov 29th 2009, 1:56 am
#17
Just Joined
Joined: Apr 2009
Posts: 21
Re: business visa 163 anyone got a visa yet?
Thanks so much for your reply.
Our business here is up for sale via a broker and we have been having meetings with potential purchasers. Our house is up for sale and had some viewings - no takers yet. Boat and classic car already sold. Daughter down for two schools in Aus, deposits paid and places waiting for her. It seems we have lots of balls up in the air, just waiting for CO and Visa. It's just so frustrating having our destiny in someone else's hands! We are so used to having our British passport and the freedom to come and go in the world as we please. Really sobering and scary that although we comply with all the criteria, Aus might decide NO or something like failing a medical could get in the way! We see-saw from excitement to indignation about whether Aus wants us or not. We just want to go and get on with our lives. Come on Aus, hurry up and let us in pls.
Apologies for sounding impatient especially when there are lots of Skilled list applicants really cheesed off at the moment, but we are looking forward to it so much and - guess what - its raining here again.....
JLD
Our business here is up for sale via a broker and we have been having meetings with potential purchasers. Our house is up for sale and had some viewings - no takers yet. Boat and classic car already sold. Daughter down for two schools in Aus, deposits paid and places waiting for her. It seems we have lots of balls up in the air, just waiting for CO and Visa. It's just so frustrating having our destiny in someone else's hands! We are so used to having our British passport and the freedom to come and go in the world as we please. Really sobering and scary that although we comply with all the criteria, Aus might decide NO or something like failing a medical could get in the way! We see-saw from excitement to indignation about whether Aus wants us or not. We just want to go and get on with our lives. Come on Aus, hurry up and let us in pls.
Apologies for sounding impatient especially when there are lots of Skilled list applicants really cheesed off at the moment, but we are looking forward to it so much and - guess what - its raining here again.....
JLD
Nov 29th 2009, 5:52 am
#18
Forum Regular
Joined: Sep 2004
Location: Mt Claremont, Perth
Posts: 254
Re: business visa 163 anyone got a visa yet?
Thanks so much for your reply.
Our business here is up for sale via a broker and we have been having meetings with potential purchasers. Our house is up for sale and had some viewings - no takers yet. Boat and classic car already sold. Daughter down for two schools in Aus, deposits paid and places waiting for her. It seems we have lots of balls up in the air, just waiting for CO and Visa. It's just so frustrating having our destiny in someone else's hands! We are so used to having our British passport and the freedom to come and go in the world as we please. Really sobering and scary that although we comply with all the criteria, Aus might decide NO or something like failing a medical could get in the way! We see-saw from excitement to indignation about whether Aus wants us or not. We just want to go and get on with our lives. Come on Aus, hurry up and let us in pls.
Apologies for sounding impatient especially when there are lots of Skilled list applicants really cheesed off at the moment, but we are looking forward to it so much and - guess what - its raining here again.....
JLD
Our business here is up for sale via a broker and we have been having meetings with potential purchasers. Our house is up for sale and had some viewings - no takers yet. Boat and classic car already sold. Daughter down for two schools in Aus, deposits paid and places waiting for her. It seems we have lots of balls up in the air, just waiting for CO and Visa. It's just so frustrating having our destiny in someone else's hands! We are so used to having our British passport and the freedom to come and go in the world as we please. Really sobering and scary that although we comply with all the criteria, Aus might decide NO or something like failing a medical could get in the way! We see-saw from excitement to indignation about whether Aus wants us or not. We just want to go and get on with our lives. Come on Aus, hurry up and let us in pls.
Apologies for sounding impatient especially when there are lots of Skilled list applicants really cheesed off at the moment, but we are looking forward to it so much and - guess what - its raining here again.....
JLD
good luck,
Bryan & Joyce
ps - we used Pickfords international and they were great.
Nov 29th 2009, 5:33 pm
#19
Just Joined
Joined: Apr 2009
Posts: 21
Re: business visa 163 anyone got a visa yet?
Hi, Thanks for the supportive comments. We've been selling loads of stuff on eBay, clearing out the loft and garage. Amazing amount of stuff gone to charity shops and local dump !! Does anyone know what stuff is not allowed in a container for shipping to Oz - daughter wants a Lava Lamp for Christmas but I'm worried about liquids in container. Cheers, JLD
Nov 29th 2009, 10:28 pm
#20
Forum Regular
Joined: Sep 2004
Location: Mt Claremont, Perth
Posts: 254
Re: business visa 163 anyone got a visa yet?
Hi, Thanks for the supportive comments. We've been selling loads of stuff on eBay, clearing out the loft and garage. Amazing amount of stuff gone to charity shops and local dump !! Does anyone know what stuff is not allowed in a container for shipping to Oz - daughter wants a Lava Lamp for Christmas but I'm worried about liquids in container. Cheers, JLD
It starts with no dry flowers/grasses etc, no untreated wood, no mud or dirt on bikes or garden tools or sporting equipment.
They even took Joyce's new horse riding crop because they thought it may have been in contact with a horse. They took some elaborate Xmas decorations because they had cones in.
enjoy
Jan 3rd 2010, 4:15 am
#21
Decreased member
Thread Starter
Joined: Oct 2006
Location: Pere Lachaise Cemetary, plot 666
Posts: 1,381
Re: business visa 163 anyone got a visa yet?
Are those of you who employ aware of the changes introduced by the government which come into place as of 1st July 2010. If you and your staff do not have have an ENTERPRISE BARGAINING AGREEMENT in place prior to 1st January 2010 the employer will have the following increases to their wage bill (transitioned over 5 years)
Casual employees: daily 2% increase, + an extra 10% Saturdays, and an extra 75% Sundays (these are over and above the current penalty rates and do not include CPI increases)
Permanent / Permanent Part time: 50% increase on Sundays (these are over and above the current penalty rates )
Base wage increase depending on responsibility
The transition starts 1 July 2010 20% per year fo 5 years.
An ENTERPRISE BARGAINING AGREEMENT (EBA) will enable employers to continue to pay under current the NAPSA award for the next 4 years. It may also offer Reduced Casual rates, Reduced Saturday & Sunday hours, the ability to transfer your EBA to the new owners on the sale of your business, and after 4 years the EBA willcontinue to operate until cancelled by either the business owner or an employee.
I have calculated that my wage bill will increase by $35,000.00 if my staff do not sign EBA's - this applies to all employers so dont think it will not affect your bottom line, the clock is ticking!!
Also anyone coming over to look at businesses for sale check if they have an EBA in place as this will need to be taken into account when calculating the costs of running the business and its profitability.
Casual employees: daily 2% increase, + an extra 10% Saturdays, and an extra 75% Sundays (these are over and above the current penalty rates and do not include CPI increases)
Permanent / Permanent Part time: 50% increase on Sundays (these are over and above the current penalty rates )
Base wage increase depending on responsibility
The transition starts 1 July 2010 20% per year fo 5 years.
An ENTERPRISE BARGAINING AGREEMENT (EBA) will enable employers to continue to pay under current the NAPSA award for the next 4 years. It may also offer Reduced Casual rates, Reduced Saturday & Sunday hours, the ability to transfer your EBA to the new owners on the sale of your business, and after 4 years the EBA willcontinue to operate until cancelled by either the business owner or an employee.
I have calculated that my wage bill will increase by $35,000.00 if my staff do not sign EBA's - this applies to all employers so dont think it will not affect your bottom line, the clock is ticking!!
Also anyone coming over to look at businesses for sale check if they have an EBA in place as this will need to be taken into account when calculating the costs of running the business and its profitability.
This all kicked in 1st January. A couple of retail businesses in my shopping centre are now not opening Sundays because of the higher costs - I think we will continue trading 7 days at the moment but the extra costs of wages and super do hurt.
Anyone looking at figures for a business for sale should ask the vendor for new staff costings as historic figures will not show this.
Oh yeah - Happy new year all!
Jan 21st 2010, 9:01 pm
#22
BE Enthusiast
Joined: May 2005
Location: Rochdale, then Toronto, then Preston now Tampa, Florida.
Posts: 903
Re: business visa 163 anyone got a visa yet?
Still here plodding away, planning on a visit later this year, our plan is to be in Oz in three years, ties in with the kids schooling and our timeframe to build and sell the business! we have done it before and knopw what to do, so a long ways off but its amazing how quickly time flies, we have been here in Florida three years next week...wow! were has the time gone.
How is everyone else getting on?
Regards
Mark
How is everyone else getting on?
Regards
Mark
Feb 2nd 2010, 5:59 pm
#23
BE Enthusiast
Joined: May 2005
Location: Rochdale, then Toronto, then Preston now Tampa, Florida.
Posts: 903
Re: business visa 163 anyone got a visa yet?
Were coming over for a visit in the summer, Jill wants to check out the place before comitting our future...after all we have never been to Australia so two weeks in the summer will confirm everything.
Regards
Regards
Feb 3rd 2010, 9:44 am
#24
Forum Regular
Joined: Sep 2004
Location: Mt Claremont, Perth
Posts: 254
Re: business visa 163 anyone got a visa yet?
Joyce & I sat our citizenship test Tuesday and passed averything. So we now await the citizenship ceremony in Claremont - sometime in the next few months
Feb 3rd 2010, 12:51 pm
#25
BE Enthusiast
Joined: May 2005
Location: Rochdale, then Toronto, then Preston now Tampa, Florida.
Posts: 903
Re: business visa 163 anyone got a visa yet?
People have different priorities!
Feb 8th 2010, 10:40 am
#26
Forum Regular
Joined: Jan 2009
Location: Shropshire
Posts: 35
Re: business visa 163 anyone got a visa yet?
We are just wondering if anyone may be able to answer our question?
We will be entering Australia later this year on a 163 business visa. May have
sold business but they do not want to buy building for 2 years so we will be earning rent from this in the UK them will transfer to Australia. How will we be taxed on money coming in?
Thanks for any help.
We will be entering Australia later this year on a 163 business visa. May have
sold business but they do not want to buy building for 2 years so we will be earning rent from this in the UK them will transfer to Australia. How will we be taxed on money coming in?
Thanks for any help.
Feb 8th 2010, 10:58 am
#27
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: business visa 163 anyone got a visa yet?
(These are general observations: please obtain a written opinion before committing to a tax mitigation strategy.)
163 visa = temporary residency visa => UK source rental income will be exempt in Australia, but will be subject to UK income tax.
Note that capital gains arising on a UK disposal are also exempt from tax in Australia if they arise while you are in Australia as a 163 visaholder. Ensure the disposal takes place in a UK tax year when you are never resident or ordinarily resident though.
Best regards.
163 visa = temporary residency visa => UK source rental income will be exempt in Australia, but will be subject to UK income tax.
Note that capital gains arising on a UK disposal are also exempt from tax in Australia if they arise while you are in Australia as a 163 visaholder. Ensure the disposal takes place in a UK tax year when you are never resident or ordinarily resident though.
Best regards.
Feb 8th 2010, 11:05 am
#28
Forum Regular
Joined: Jan 2009
Location: Shropshire
Posts: 35
Re: business visa 163 anyone got a visa yet?
Alan, Thankyou for your help.
Re: business visa 163 anyone got a visa yet?
Mar 24th 2010, 2:35 am
#30
Joined: Oct 2004
Location: Secret Harbour, WA
Posts: 1,496
Re: business visa 163 anyone got a visa yet?
Any date on the ceremony yet?
We've got our test next Wednesday
Hopefully we'll pass
Mark - how are things progressing. When are you coming to Oz?
Jules x