Starting or buying a business in Australia for foreigners

I’ve written an excellent guide if you’re looking to create or buy a business in Australia, particularly as a foreigner or person without residency or citizenship. This will provide you with some helpful tips and advice to assist you through the process.

Some background

I’m Joshua. I’m an Australian eCommerce guy. This blog of mine has been running since 2011 that details the courses, tools and resources that have been influential in my journey. Today, I own a range of successful eCommerce businesses. These are businesses that you can start from anywhere in the world, not just Australia. I could’ve started these businesses from any continent if I didn’t yet have residency. I thoroughly believe Amazon is the best opportunity to build a sustainable business in the world.

The great news!

If you’re a foreigner, I’m excited to tell you that you can start, buy or run an existing business in Australia. It can be in a company structure, a partnership, sole trader structure or trust structure. There are some things that you’ll need first…

  • The right visa
  • A health assessment
  • A business and / or marketing plan
  • Preferably some assets and past business experience
  • Capital reserved for your first few months in Australia
Starting a business in Australia as a foreigner
Yes, it’s very much possible to become an Australian business owner as a foreigner.

If you want to go a step further and apply for Australian Citizenship, then you’ll need to be of good character. That is, you have ‘enduring moral qualities of a person’, and someone that is likely to uphold and obey the laws of Australia. You can only achieve Citizenship after holding Permanent Residency for some time.

The not-so great news!

The process of buying or starting a business in Australia isn’t easy. It isn’t too hard, but it does have some challenges. Even for us locals, you’ll find some real bureaucratic hoops that you need to jump through. I wish things were easier, but they’re not.

An excellent alternative

The best alternative I can provide right now is to start a business on Amazon. I’m providing you here on this page a FREE 4-part video training course on how to do exactly that. You’ll discover how you can start selling on Amazon from most countries in the world. You can start a company from your home country, and when you move to Australia, you’ll already have an income stream. The Australian Government will see you more favorably as an applicant, since most migrants move here to start fresh without income.

Everyone's welcome to buy businesses in Australia
People of all race and religious backgrounds are welcome to become business owners in Australia

The resources you need

I felt it was necessary to point you in the right direction. Our own Government has created some excellent material to help you through the process, and they really welcome you. Some sites worth checking out are..

AusTrade: www.austrade.gov.au

Visa information: www.homeaffairs.gov.au

Australian Securities and Investment Commission: www.asic.gov.au

Australian Competition and Consumer Commission: www.accc.gov.au

Australian Government business resource site: www.business.gov.au

The summary

Australian’s love being business owners, and there’s plenty of room here for everyone to play. Foreigners can buy and own businesses in Australia, provided you apply and receive your Visa first. You’re most welcome to come and join the party. It’s not exactly an easy process, but trust us, it’ll be worth it!

I hope to see you on one of our beautiful white sandy beaches in the near future! Australia is a welcoming country, we look forward to seeing you soon.

P.s. don’t forget to get 100% FREE access to the video training course. Many Australians have done the course, but so have people from over 40 countries now! There are students from across the world, including the US, the UK, NZ, Europe, Asia, South America and Africa! Selling on Amazon is certainly the best business opportunity of 2019, especially as a foreigner in Australia.

😃 Share This!

1 thought on “Starting or buying a business in Australia for foreigners”

  1. Sorry Your blog doesn’t say anything…I am on tourist visa 600 and want to know if I can buy business here and apply for Queensland small business program..

    Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

I'm Joshua from Australia. 🇦🇺

I've been blogging for 12+ years here and have built up numerous sources of online income.

Nothing comes fast or easy through this journey...

Though buying an existing online business is one epic shortcut...

Watch The 2024 Webinar (FREE)