NOT in Sydney
Nov 12th 2002, 11:34 am
#1
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Joined: Jul 2002
Posts: 66
NOT in Sydney
Australia welcomes business migrants -- but not in Sydney
SYDNEY -- Foreign business people may find it easier to settle in Australia beginning next year, provided they don't plan on living in its most populous city, Sydney.
Under proposed new immigration rules publicised on Tuesday, Australian states would be allowed to relax entry requirements to lure so-called 'business migrants' -- foreign business owners, senior executives and investors, who qualify for permanent visas as a way of encouraging entrepreneurs to move here.
Most business migrants now settle in Sydney, the capital of New South Wales state.
The changes, expected to come into force next March, follow complaints by smaller states such as South Australia and Tasmania that they have trouble attracting and keeping sought-after migrants.
The new rules also follow calls last week from the political leader of New South Wales for a reduction in migration to Australia because of the strain of new arrivals on Sydney, a city of four million.
According to immigration officials, Australia now accepts about 8,000 business migrants per year, with Sydney -- a major centre for business and industry -- attracting 40 to 45 per cent of them.
Immigration Minister Philip Ruddock said states could offer migrants 'a slightly reduced entry requirement on one of the factors -- it might be age, it might be capital.'
In return, the new arrivals would have to stay in that state for four years before being granted permanent residency, at which stage they could move anywhere in Australia.
Australia grants migration visas based on applicants amassing a certain number of points. Those points are awarded based on the migrant's level of skills, age and the amount of money they bring to set up a business. -- AP
SYDNEY -- Foreign business people may find it easier to settle in Australia beginning next year, provided they don't plan on living in its most populous city, Sydney.
Under proposed new immigration rules publicised on Tuesday, Australian states would be allowed to relax entry requirements to lure so-called 'business migrants' -- foreign business owners, senior executives and investors, who qualify for permanent visas as a way of encouraging entrepreneurs to move here.
Most business migrants now settle in Sydney, the capital of New South Wales state.
The changes, expected to come into force next March, follow complaints by smaller states such as South Australia and Tasmania that they have trouble attracting and keeping sought-after migrants.
The new rules also follow calls last week from the political leader of New South Wales for a reduction in migration to Australia because of the strain of new arrivals on Sydney, a city of four million.
According to immigration officials, Australia now accepts about 8,000 business migrants per year, with Sydney -- a major centre for business and industry -- attracting 40 to 45 per cent of them.
Immigration Minister Philip Ruddock said states could offer migrants 'a slightly reduced entry requirement on one of the factors -- it might be age, it might be capital.'
In return, the new arrivals would have to stay in that state for four years before being granted permanent residency, at which stage they could move anywhere in Australia.
Australia grants migration visas based on applicants amassing a certain number of points. Those points are awarded based on the migrant's level of skills, age and the amount of money they bring to set up a business. -- AP
Nov 12th 2002, 5:09 pm
#2
Guest
Posts: n/a
Re: NOT in Sydney
This could be the result of a well rounded ever changing immigration policy
based on need.
"chana" wrote in message
news:[email protected]...
> Australia welcomes business migrants -- but not in Sydney
> SYDNEY -- Foreign business people may find it easier to settle in
> Australia beginning next year, provided they don't plan on living in its
> most populous city, Sydney.
> Under proposed new immigration rules publicised on Tuesday, Australian
> states would be allowed to relax entry requirements to lure so-called
> 'business migrants' -- foreign business owners, senior executives and
> investors, who qualify for permanent visas as a way of encouraging
> entrepreneurs to move here.
> Most business migrants now settle in Sydney, the capital of New South
> Wales state.
> The changes, expected to come into force next March, follow complaints
> by smaller states such as South Australia and Tasmania that they have
> trouble attracting and keeping sought-after migrants.
> The new rules also follow calls last week from the political leader of
> New South Wales for a reduction in migration to Australia because of the
> strain of new arrivals on Sydney, a city of four million.
> According to immigration officials, Australia now accepts about 8,000
> business migrants per year, with Sydney -- a major centre for business
> and industry -- attracting 40 to 45 per cent of them.
> Immigration Minister Philip Ruddock said states could offer migrants 'a
> slightly reduced entry requirement on one of the factors -- it might be
> age, it might be capital.'
> In return, the new arrivals would have to stay in that state for four
> years before being granted permanent residency, at which stage they
> could move anywhere in Australia.
> Australia grants migration visas based on applicants amassing a
> certain number of points. Those points are awarded based on the
> migrant's level of skills, age and the amount of money they bring to
> set up a business. -- AP
> --
> Posted via http://britishexpats.com
based on need.
"chana" wrote in message
news:[email protected]...
> Australia welcomes business migrants -- but not in Sydney
> SYDNEY -- Foreign business people may find it easier to settle in
> Australia beginning next year, provided they don't plan on living in its
> most populous city, Sydney.
> Under proposed new immigration rules publicised on Tuesday, Australian
> states would be allowed to relax entry requirements to lure so-called
> 'business migrants' -- foreign business owners, senior executives and
> investors, who qualify for permanent visas as a way of encouraging
> entrepreneurs to move here.
> Most business migrants now settle in Sydney, the capital of New South
> Wales state.
> The changes, expected to come into force next March, follow complaints
> by smaller states such as South Australia and Tasmania that they have
> trouble attracting and keeping sought-after migrants.
> The new rules also follow calls last week from the political leader of
> New South Wales for a reduction in migration to Australia because of the
> strain of new arrivals on Sydney, a city of four million.
> According to immigration officials, Australia now accepts about 8,000
> business migrants per year, with Sydney -- a major centre for business
> and industry -- attracting 40 to 45 per cent of them.
> Immigration Minister Philip Ruddock said states could offer migrants 'a
> slightly reduced entry requirement on one of the factors -- it might be
> age, it might be capital.'
> In return, the new arrivals would have to stay in that state for four
> years before being granted permanent residency, at which stage they
> could move anywhere in Australia.
> Australia grants migration visas based on applicants amassing a
> certain number of points. Those points are awarded based on the
> migrant's level of skills, age and the amount of money they bring to
> set up a business. -- AP
> --
> Posted via http://britishexpats.com
