Business Visa Services – Get Free Consultation in Applying for a Business Visa in India
You may be aware that there are various types of visas each of which serves a different purpose. While a student visas, visit visas or immigration visasare commonly discussed, business visas are not very known to the general crowd until they intend to apply for one.
To help in understanding the business visas and its purpose, here’s a detailed information of Top 5 business visas applied commonly.
1. What Is a Business Visa?
A business visa allows a candidate to enter a country and engage in the commercial activities of the country without associating himself to the country’s labour market. This visa is mostly used by professionals who are travelling to a foreign country to either attend a business meeting or a conference.
As business visa involves commercial purpose or business purpose, it is often confused with work visa. The primary condition of a business visa is that you should not be earning any income from the activity you applied this visa for.
2. What is the difference between a business visa and a work visa?
The major difference between a business visa and work visa is the reason why it is allotted and the conditions associated with its allotment.
Business visas do not allow a candidate to get involved or take up full-time employment in the applying country. Work visas on the other hand are granted only if the candidate has a valid employment offer from the applying country. The sole purpose of the work permit is employment.
|Reasons Why a Business Visa Can be Applied||Reasons Why a Work Permit Can be Applied|
|To attend meetings||To work in any company (designated employer who issues a work permit under labour market norms)|
|To engage in an unpaid training program||To fulfil duties as a contracted labour|
|To attend business events||To fulfil duties as a contracted labour|
|To investigate business prospects and ventures (not to be misunderstood with hiring)||To acquire a part-time job|
|To install machinery after sale to a respective business based in the selected country||To acquire a part-time job|
|To strengthen ties between companies||To attend a paid training program or internship program.|
In a nutshell, work visas are offered in exchange or services while business visas are issued to candidates who have commercial (non-income based) reasons to migrate to a foreign country).
3. How long can you stay on a business visa?
Every country has its rules and regulations of issuing a business visa. These rules apply to its validity also.
Most countries issue the business visa considering the purpose of application. The time-frame majorly depends upon how much time the business activity would take.
In general, a business visa may be issued for 60 to 90 days. It may also be issued for 6 months depending upon its need of extension.
4. What are the requirements for a business visa?
The requirements of a business visa vary from country to country. However, you need to meet the following conditions (common among all) to apply for a business visa:
- Condition of purpose: You need to prove a valid and justified purpose of applying for the visa, along with supporting documents. For instance, you want to move to a foreign country for a business conference or attending a seminar, you need to show an invitation letter of the respective event in support to your application.
- Condition of no-criminal record: You must proof that you are in no manner a threat to the country. You will be asked to undergo verification procedures under selected country’s rules and must be able to clear all procedures lawfully.
- Condition of financial support: The candidate applying for the visa must either be sponsored or have his finances arranged accordingly. He must be able to manage his stay without dependency on the selected country’s government.
- Condition of intent: The candidate applying for this visa must have commercial or business related reasons to move to the selected county. He should prove that after the activity is lawfully completed, he will leave the foreign country before the expiry of his visa.
5. What are the documents required for business visa?
The most important documents in the processing of a business visa are as follows:
- Valid passport
- Visa application form
- Passport size photos
- Supporting documents
- Identity proof
- Interview details (for specific countries)
6. How to apply for a business visa?
To apply for a business visa, you will have to follow a standard procedure. While the step by step process may differ based upon the country you have selected, the common steps are:
- Arrange for the documents that you shall be asked in support
- Arrange for finances of your journey
- Ensure passport validity
- Fill visa application form and book visa interview
- Support verification as per the standard procedure of the selected country
7. What are the different types business visas?
While there are numerous types of business visas issued by countries worldwide, here we shall discuss the most prominent and top 3 business visa countries:
Business Visas of United States
- B1 Visa: This is a short-term visa that is given to candidates intending to stay in the US for upto 6 months of less. This visa can be used for business meetings and non-hiring purposes only.
- E1 Visa: This visa is granted to candidates who want to trade in the US. However, this visa is treaty trader visa and is granted to nationals of some countries only (the countries which have tried legal treaties with the US). This visa is valid till the existence of the business.
- E2 Visa: This visa is often referred as the treaty investor visa. Candidates of countries who have signed treaty with the US can apply for this visa. This is a temporary visa and can be renewed as long as the business is in existence.
- EB5 Visa: This visa is granted to candidates who intend to invest in the US economy. Candidates must be willing to invest at least $500,000 in the US economy or more. This visa holds a validity of 2 years and can be further taken to permanent residency if all conditions are met successfully.
- L1 Visa: This visa is granted to candidates who are professionals of a specific company who has a branch in the United States. The professional must work with the company for 1 year or more in the last 3 years. It is also important that the candidate is working in the respective company on an executive level or a managerial position. This visa is valid for 1 year and can be extended thrice.
Business Visas of Australia
Most people choose Australia for business primarily because it has a range of business visa options for applying candidates. Few of the most commonly applied ones are as follows:
- Subclass 188 – Business Innovation and Investment Visa (Provisional)
- Subclass 888 – Business Innovation and Investment Visa (Permanent)
- Subclass 893 – State or Territory Sponsored Investor Visa (Permanent)
- Subclass 892 – State or Territory Business Owner Visa (Permanent)
- Subclass 891- Investor Visa (Permanent)
- Subclass 132 – Business Talent Visa (Permanent)
- State or Territory Sponsored Business Owner visa (Subclass 892 - Permanent)
- Investor visa (Subclass 891 - Permanent)
- Business Talent visa (Subclass 132 - Permanent)
Business Visas of Canada
There are 3 top business visas offered by Canada. Each of this visa helps the applicant to fulfil various purposes. Have a look at their details:
- Immigrant Investor Venture Capital Visa – This visa is for those candidates who have a net worth of at least CAD$10 million and willing to invest at least CAD$ 2 million in Canada’s immigrant investor venture capital fund. This visa however is temporarily closed (since December 2015 and may reopen any time).
- Start-up Visa – This visa is granted to business persons who have an ability and intention to either own or manage a business in Canada. Besides having sufficient funds, the visa holder must grant a specific number of jobs to Canadians in order to apply for this visa. This business he intends to start or manage must be supported by any organisation listed on Canada’s Start-up Visa Designated Organisations List.
- Self-Employed Immigrant Visa – This visa is granted to candidates with relevant experience in athletics or farm management experience or any cultural activity and intend to take up self-employment in Canada.
Today the developed economies like US, Canada, Europe and Australia are offering excellent opportunities to attract potential investors to establish new businesses or expand or diversify their existing businesses in these countries.
These developed economies offer:
- Positive Business climate
- Low Unemployment rate
- Excellent infrastructure that supports businesses
- Competitive Corporate Taxes
- Low cost but educated Labour Force
- Low communication & energy cost
- Low inflation and low interest rate
- Quality Research and Development Infrastructure
- Easily affordable commercial and Industrial real estate
- Tax incentives for small businesses
- Access to vibrant markets
If you aspire to diversify or expand your business abroad, we can make it happen for you as we possess the expertise in immigration and settlement services for Businessmen in:
Canada Federal Business Immigration
The main objective of this Business Immigration Program is to encourage Canada’s economic development and boost job-market by luring entrepreneurs, investors and self-employed entities outside Canada with project capital, trade acumen and entrepreneurial skills.
The Canadian Business Immigration Program would also build up new marketable opportunities and to develop access to budding foreign markets by welcoming individuals who are familiar with other markets and their particular requirements.
Applicants with full fledged entrepreneurship/administrative experience and comparatively high net-worth can apply for a Permanent Residency Visa under the Canada Business Immigration Program in one of the following three sub-categories:
Canada has three classes of Business Immigrants
- Investors (Put under temporary moratorium)
- Entrepreneurs (Put under temporary moratorium)
The Immigrant Investor Program seeks to attract experienced business people to promote economic development and employment in Canada by attracting people with capital, business acumen and/or solid managerial skills for business immigration to Canada.
Effective July 1, 2012, the Citizenship and Immigration Canada (CIC) has put a temporary moratorium on the Immigrant Investor Program.
CIC has also announced plans to overhaul the investor program and re-introduce it with new reforms.
According to CIC, applicants who had applied under this program should hold on their applications and reapply once new regulations come into force.
The Immigration Department is also consulting on whether to create a new investor program on a short-term basis, which will be announced in the coming months.
Entrepreneur : With effect from July 1, 2011, CIC has announced a temporary moratorium till further notice on the Federal Entrepreneur applications, to improve the wait times of the program.
It is further anticipated that the Federal Entrepreneur program is expected to undergo a review in the coming months.
The Entrepreneur Program seeks to attract experienced business persons, who would own and actively manage businesses in Canada, which will contribute to the Canadian economy and create jobs there.
They must have a net worth of legally acquired Cdn$3,00,000 (including spousal assets). Entrepreneurs and their dependents are admitted to Canada under specific conditions and thereafter, are subsequently monitored by Citizenship and Immigration Canada (CIC) after landing.
Business Immigration , Australia
A great country to live and do business and 3,200 km north in Australia covers 7,682,300 square kilometres, which makes it more than twice as large as India and about the same size as the 48 mainland states of the USA.
It is the world's sixth largest country, covers 5% of the Earth's land surface and measures about 4,000 km from east to west to south. Climate is generally arid to semiarid; temperate in south and east; tropical in north.
A healthy economic structure
Australia has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment.
Australia has a sound, stable and modern institutional structure that provides certainty to businesses.
Migrating to Australia as Business Person
The Business Migration program encourages successful business people to settle permanently in Australia and develop new or existing businesses.
On 1 March 2003, a new two-stage Business Migration scheme was introduced for Australia. An overview of the business Skills Category and pathways to permanent residence is given below:
- State/Territory Sponsored Business Owner (Provisional) category
- Business Owner (Provisional) category
- State/Territory Sponsored Senior Executive (Provisional) category
- Senior Executive (Provisional) category
- State/Territory Sponsored Investor (Provisional) category
- Investor (Provisional) category
To be eligible under this category the applicant should:
- Be sponsored by an appropriate regional authority of a State or Territory government;
- Have an overall successful business career;
before the application is made or had a sound continuous business employment record in a senior management role on a qualifying business for at least 4 years immediately before the application is made and have demonstrated a high level of management skill.
- Have net value of business & personal assets (including spousal assets) at least A$ 250,000 and are available for transfer to Australia within 2 years after the grant of visa, plus sufficient assets available to settle in Australia;
- Be aged less than 55 years at the time of application
Migrating to Australia as Business Owner
To be eligible under this category the applicant should have an overall successful business career
- Annual turnover of at least A$ 500,000 in the main business or main businesses for at least 2 of the 4 fiscal years immediately before the application for visa is submitted.
- Net value of business & personal assets (including spousal assets) is at least A$ 500,000 which are available for transfer to Australia within 2 years after the grant of a visa, plus sufficient assets available to settle in Australia.
- Age less than 45 years at the time of application.
- Vocational English i.e. scoring 5 bands in IELTS examination.
Business Immigration - United Kingdom
UK Entrepreneur Visa (TIER-1)
The entrepreneur category is for those investing in the United Kingdom by setting up or taking over, and being actively involved in the running of, one or more businesses in the United Kingdom.
To apply under our points-based system and be accepted into the entrepreneur category, you must pass a points-based assessment.
You must score
75 points for your attributes which are different depending on whether you make an initial or extension application and
10 points for English language and
10 points for available maintenance (funds).
If you do not score a minimum of 75 points for your attributes and 10 points for English language and 10 points for available maintenance (funds), your application will be refused.
The process for applying if you are outside the United Kingdom is:
Complete a self-assessment online using our points-based calculator to find out if you are likely to score enough points.
Go to the visa services website, which you can find on the right of this page, to find out if you must submit any personal details in the country you are applying from electronically, and to find the application form.
Take or send your form(s), fee and supporting evidence to the visa application centre. You must also arrange to give your biometrics, which are usually taken at the visa application centre.
We strongly advise you to bring all supporting documents with your application. We will not consider any evidence provided after we have made a decision.
If you are granted entry clearance as an entrepreneur from outside of the United Kingdom, you will be able to live and work in the United Kingdom for a maximum period of three years.
When the end of this period approaches you will need to apply to extend your stay as an entrepreneur.
To fill in the tool, you will need the following information if you are making an initial application:
- Access to £200,000
- The money is in a regulated financial institution
- The money is disposable in the United Kingdom
- Your English language skills and
- Maintenance (funds) available
Extension Application Requirement
To fill in the tool, you will need the following information if you are making an extension application:
- Invested £200,000 in to a United Kingdom business,
- Registered for business within three months,
- Engaged in business activity,
- New employment created,
- Your English language skills and
- Maintenance (funds) available.
Business Visas, Unites States of America
USA is the most favourite destination for everyone who wishes to immigrate for a better quality of life for himself, his family and future generations as well
The EB-5 Visa provides the most flexible path to a green card based on a US investment. The EB-5 visa does not require the applicant to manage the day-to-day affairs of a business.
One may invest in an existing business, or a new business. More than one person may invest in the same business. The EB-5 investor may be a minority owner of the business. MORE........
The United States L1 visa is a non-immigrant visa which allows companies operating both in the US and abroad to transfer certain classes of employee from its foreign operations to the USA operations for up to seven years.
The employee must have worked for a subsidiary, parent, affiliate or branch office of your US company outside of the US for at least one year out of the last three years.
Companies operating in the US, may apply to the relevant BCIS service center for an L1 visa to transfer someone to the US from their overseas operations.
Employees in this category will, initially, be granted an L-1 visa for up to three years. There are two types of employee who may be sponsored for USA L1 visas:
The legal definition of management and executive roles for these purposes is quite strict, and a detailed description of the duties attached to the position will be required.
In particular, the executive or manager should have supervisory responsibility for professional staff and/or for a key function, department or subdivision of the employer.
Such personnel are issued an L1A visa, initially for a three year period extendible in 2 year increments to a maximum of 7 years.
Specialized Knowledge Staff (L1-B)
This category covers those with knowledge of the company's products/services, research, systems, proprietary techniques, management, or procedures.
Staff in this category are issued an L1B visa, initially for three years extendible to a maximum of five years.
On completing the maximum allowable period in L-1 status, the employee must be employed outside the United States for a minimum of one year before a new application is made for L or H status
Dependents of L-1 Visa are eligible for L-2 Visa
How we can help you get a business visa in India?
Before you can apply for a business visa in India, you need to understand its requirements, conditions and prerequisites in detailed. Our immigration consultations who specialize in a range of visa processing procedures will help you through this.
You can reach out to our consultants and discuss the business plans of yours along with the country you are interested to migrate. Our consultant will initially help you with details and procedures thoroughly. Once you have made your decision to migrate, we also help you process the visa through our expert guidance.