The business visa is defined as the visa issued to people looking for prospects to set up formal business Overseas, exploration for business opportunities, business people attending meetings at subsidiaries of their parent companies, official government visits, attending conferences, corporate events (not work) and meetings for which no remuneration is received, attending short training courses (not more than 90 days), sports events, expositions and trade fairs.
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