BzMark Summary of Recent Changes to the Business Migration Program in NSW
The NSW Government department, Industry & Investment NSW, has recently introduced some changes to their policy for business migration. This can be summarised as follows;
- Research tours are now mandatory and all 163 and 164 business migration applicants must at least undertake one tour with a Short Stay Business Visa, in NSW.
- In general no group tours organised by migration agents are allowed.
- Industry & Investment NSW recommends a meeting with them, after the research tour is completed.
- If we (BzMark) assist with the preparation of the business plan we must also assist with the research tour.
- The business plan conditions are further tightened to ensure that the business with the experience of the applicant remain aligned and that the future NSW business has a good chance of success.
As you may be aware, we have assisted with the preparation of business plans and research tours for many years. We have continuous contact with Industry & Investment NSW, as we have with other State Governments. Preparing effective business plans coupled with a meaning full research tour(s) not only increases the chances for State sponsorship significantly, it also prepares a solid footing once the business begins operating.
BzMark offer a range of services including business plan preparation and conducting research tours as well as finding, negotiating and starting businesses to assist the business migrant.
For further information contact Theo Ruygrok at BzMark on +61 2 9960 0145 or email [email protected].