International entrepreneurs choosing to live in Australia following Australia corporate formation can obtain a Business Skills visa, enabling them to live and work in the country. To apply for a Business Skills visa, an application is submitted to the Department of Immigration and Citizenship, accompanied by a detailed business plan outlining the new company’s operational and marketing strategies including financial projections. More than 170,000 expatriates emigrated to Australia in 2009.

Foreign investors choosing Australia corporate formation find labour costs are lower than in many other countries. Australia has the 4th lowest labour costs of industrialised countries after Mexico, Canada and the US. At management level, Australian salaries are lower than in the US, the UK, Germany, France, Canada and Hong Kong. However, a skills shortage accelerates wage demands at lower levels and will be a key consideration for entrepreneurs opting for Australia corporate formation.

Sydney remains the most expensive city to live in Australia according to Mercer Human Resources' 2010 Cost of Living survey, ranking Sydney as the 24th most expensive city in the world. In addition, Melbourne is ranked as the world's 33rd most expensive city.

Balancing this, Australia offers a high standard of living for expatriates, who enjoy sunshine, cultural attractions, low crime, first-class leisure activities, and excellent sports and education facilities. Sydney and Melbourne were positively ranked at 10th and 18th most attractive cities to live in the world in Mercer Human Resources' 2010 Quality of Living survey.

According to the 2010 Competitive Alternatives Study by KPMG, Australia is the equal most cost-competitive industrialised country, alongside the Netherlands and United Kingdom. Since 2006, Australia has become more cost-competitive compared with industrialised European countries; making Australia corporate formation a feasible decision.

Because of low national unemployment rates and chronic labour shortages, Australia is forced to import skilled foreign labour to fill shortfalls. The largest source of skilled foreign labour in Australia is from the United Kingdom (1.14 million in 2008, 15.3% of total immigrants).

Other reasons for Australia Corporate Formation are Australia’s cost advantages include the cost of prime office space, which in Sydney is 70% less than in London and Tokyo, and 50% less than Hong Kong.