Research house 10 Thousand Feet, which works in businesses
with distribution channels, recently released a report on Australia’s franchise networks that showed 35 per cent of all enquiries from overseas residents came from China, followed by India and then South Africa.
10 Thousand Feet head of intelligence Ian Krawitz said there has been a steady increase in interest in being a franchisee coming from Chinese residents because this allows them to apply for an Australian Business Visa to migrate as well as gain valuable business support for their new enterprise.
“The attractive lifestyle of Australia and the proven success of franchise models have lead to many Chinese residents applying to buy Australian franchises,” he said.