The Australian investor visa is a type of visa that allows individuals and their families to live and work in Australia if they make a significant investment in the country. There are several types of investor visas available for Grenadian citizens, including the Investor Stream, the Significant Investor Stream, and the Premium Investor Stream.
Australian Investor Visa from Grenada
Australian Investor Visa from Grenada
Key Points Summary
1. Australian Investor Visas are available for Citizens of Grenada
2. There are 3 types of Australian Investor Visas open for Grenadian citizens. The Investor Stream, the Significant Investor Stream, and the Premium Investor Stream.
3. There is no upper age limit on the Australian Investor Visa from Grenada and so it creates a great option for eligible applicants who may wish to retire in Australia by obtaining an Investor Visa.
Who is eligible for an Australian Investor Visa from Grenada?
To be eligible for an Australian investor visa, you must:
- Be at least 18 years old
- Meet the financial requirements for the visa you are applying for (e.g., make a significant investment in Australia or own a successful business)
- Meet the character and health requirements for the visa
- Have a good command of English
- Be able to provide evidence of your investment or business ownership
How much needs to be invested to get the Australian investor visa?
The amount of money you need to invest to qualify for an Australian investor visa depends on the type of visa you are applying for. Here are the general investment requirements for the three main types of investor visas:
- Australian Investor Stream Visa: You must make a designated investment of at least AUD 1.5 million in an Australian state or territory government bond portfolio.
- Australian Significant Investor Stream Visa: You must make a designated investment of at least AUD 5 million in complying investments in Australia. These investments can include Australian government bonds, blue chip stocks, managed funds, and other eligible investments.
- Australian Premium Investor Stream Visa: You must make a designated investment of at least AUD 15 million in complying premium investments in Australia. These investments can include venture capital and growth private equity fund investments, as well as other eligible investments.
Is the visa open to citizens of Grenada?
Yes, the Australian investor visa is open to citizens from Grenada. However, it is important to note that there are different types of investor visas available, and the specific requirements for each type of visa may vary. For example, some investor visas may have specific requirements related to the applicant’s country of origin, such as the Investor Retirement Visa, which is only available to individuals who are 55 years of age or older and who are from a country outside of Australia. You can find full information on how to retire in Australia from Grenada here.
In general, to be eligible for an investor visa, you must meet the financial requirements for the specific visa you are applying for, meet the character and health requirements, have a good command of English, and be able to provide evidence of your investment or business ownership.
If I am awarded an investor visa, can my family come with me to Australia from Grenada?
Yes, if you are awarded an investor visa, you can generally bring your family members with you to Australia. This includes your spouse or de facto partner and any dependent children.
To bring your family members with you to Australia, you will need to include them in your visa application. You will need to provide evidence of your relationships with your family members, such as marriage certificates or birth certificates, as part of your application.
Each family member will need to meet the character and health requirements for the visa, and any children included in the application must be under 18 years of age and single. You may also be required to provide evidence of your ability to support your family members while you are in Australia.
If you are granted an investor visa and your family members are approved to come with you, they will generally be granted the same type of visa and will have the same visa conditions as you.
Do I need to pass an English test to qualify for an investor visa?
Yes, you will generally need to pass an English test to qualify for an Australian investor visa. The specific English test requirements depend on the type of investor visa you are applying for.
For the Investor Stream and Significant Investor Stream visas, you will need to provide evidence of at least functional English, which means that you have basic English language skills that allow you to communicate in simple and routine tasks. To demonstrate functional English, you can provide evidence that you have:
- A test score of at least 4.5 in each of the four components (listening, reading, writing, and speaking) of the International English Language Testing System (IELTS) test
- A score of at least 4 in each of the four components (listening, reading, writing, and speaking) of the Test of English as a Foreign Language (TOEFL) internet-based test
- A score of at least 4 in each of the four components (listening, reading, writing, and speaking) of the Pearson Test of English (PTE) Academic test
- A score of at least B in each of the four components (listening, reading, writing, and speaking) of the Cambridge English: Advanced (CAE) test
For the Premium Investor Stream visa, you will need to provide evidence of proficient English, which means that you have advanced English language skills that allow you to communicate effectively in a wide range of situations. To demonstrate proficient English, you can provide evidence that you have:
- A test score of at least 7 in each of the four components (listening, reading, writing, and speaking) of the IELTS test
- A score of at least 577 on the paper-based TOEFL test or at least 90 on the internet-based TOEFL test
- A score of at least 64 in each of the four components (listening, reading, writing, and speaking) of the PTE Academic test
- A score of at least A in each of the four components (listening, reading, writing, and speaking) of the CAE test
How many investor visas does Australia issue?
It is difficult to say exactly how many investor visas Australia issues each year, as the number can vary significantly from year to year. Additionally, there are several different types of investor visas available, each with its own set of requirements and conditions, so it is difficult to provide a single overall figure.
That being said, Australia does have a number of programs in place to encourage foreign investment, and investor visas are an important part of these efforts. The Australian government recognizes the economic benefits that foreign investment can bring, and as such, investor visas are generally available to individuals who are willing to make a significant investment in the country.
Australia actively encourages prospective immigrants from Grenada to apply for an Australian investor visa.
How long does an Australian Investor Visa take to process when applied for from Grenada?
The Australian investor visa from Grenada takes about 6 to 9 months, then add about 3 months to obtain all your health clearances and police checks.
If you want to move to Australia from Grenada under a different visa program you can find out about all the options here in our Immigrate to Australia from Grenada guide
For details on Investor Visas from Countries other than Grenada, you can find them here in our Australian Investor Visa Index.
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