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Aggregate data from survey of Business Skills class migrants shows that (for arrivals after 1 July 1999):
- 83 per cent are engaged in a business;
- Each new business employed an average of 4.7 staff;
- 64 per cent of businesses had export earnings.
- 4 per cent of businesses had export earnings worth over $1 million;
- 13 per cent of those in business had an annual turnover of A$ 1 million or more;
- On average, cumulative funds transferred to Australia by principal migrants were $843,000;
- Average financial investment in the business was $325,000.
* Source DIMIA official statistics
Source of Business Migrants
In 1999-00, the top ten source countries were:
Indonesia,
Malaysia,
Taiwan,
South Africa,
Hong Kong,
Singapore,
Germany,
the United Kingdom,
Kenya and
South Korea.
Settlement of Business Skills Migrants
- 33 per cent of business migrants settle in NSW;
- 15 per cent in QLD;
- 27 per cent in WA;
- 17 per cent in Victoria;
- Other States and Territories - less than one per cent each.
What is the Demand for the Program?
In 1999-00, over 6,260 business migration visas were granted to business people and their families. This compares with over 6,080 visas issued in 1998-99 and 5,300 visas issued in 1997-98.
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