Australian Business Immigration Comparisons with USA Business Immigration
|
Process |
Australia SC188 |
USA EB-5 |
USA E-2 |
|
Government filing fee |
AUD$4065 approx | US$1500 approx | US$325 approx |
|
Points tested |
YES | No requirement | No requirement |
|
Approx Processing time |
12/18 months | 4 to 7 months | 6 months |
|
Visa type |
Provisional | Conditional Green card | 5 years renewable - non immigration visa. |
|
Sponsorship required |
YES - From an Australian State Govt. | No requirement | No requirement |
|
Expression of Interest approval |
YES - From the Dept of Immigration | No requirement | No requirement |
|
Age |
18 to 54 | No limit | No limit |
|
English |
Required/or additional fee of $8520 main applicant or $4250 dependent over 18. | No requirement | No requirement |
|
Qualifications |
If required for extra points | No requirement | No requirement |
|
Business experience |
YES | No requirement | No requirement |
|
Net business & personal assets required |
YES-Not less than AUD$800,000. Also extra points if amount reaches AUD$2.25 million or above. | YES-Sufficent to invest US$550,00 | NO, but must buy a business, minimum price range US$80,000 and above with return to support family. |
|
Business Management experience |
YES | No requirement | No requirement |
|
Business Turnover |
YES-Not less than AUD$500,000 | No requirement | No requirement |
|
Medical |
YES | YES | No requirement |
|
Police Clearance |
YES | YES | YES |
|
RESIDENCY |
AUSTRALIA SC888 |
USA EB-5 |
USA E-2 |
|
Business operation period |
At least 2 years out of the 4 year visa period | No requirement | Not applicable - E2 is a non-immigration visa |
|
Net value of business assets required |
AUD$200,000 (A) | No requirement | Not applicable - E2 is a non-immigration visa |
|
Net value of business & personal assets combined |
AUD$600,000 (B) | No requirement | Not applicable - E2 is a non-immigration visa |
|
Employment |
2 full time (C) Australians
for 12 months preceding residency application
2 of 3 - (A), (B) or (C) above |
Indirectly 10 people but administered by an approved USCIS regional center | Not applicable - E2 is a non-immigration visa |
|
Business turnover |
AUD$300,000 | No requirement | Not applicable - E2 is a non-immigration visa |
|
Do I have to work? |
YES | No requirement | YES |
|
Do I get a return on investment |
No guarantee | Yes, Written agreement by the Regional center after 5/6 years. | No guarantee |
|
Can I get my money back |
Possibly, if you re-sell after residency or make sufficient profit | Yes, but your investment needs to be seen at being at risk by the USCIS | Possibly, if I get a green card and sell my business, or make sufficient profit |
|
Can I borrow the investment amount? |
YES subject to asset base and financiers lending policy | YES subject to asset base and financiers lending policy | YES subject to asset base and financiers lending policy |
|
Residency |
Subject to satisfying the Australian immigration requirements as outlined | After 2 years application can be made for green card conditions to be removed | No-non immigration visa. Green card options possible while in the USA. |
|
Education |
International fees unless a resident | Conditional EB-5 Green card holders are on the same rates as USA residents or citizens | International fees unless a resident |