Business Owner (Provisional) Visa

To make an application for the business owner (provisional) Visa, you will need to show that you:

  • have an overall successful business career
  • have an ownership interest of at least 10% in a business
  • have significant net assets in business ($A200,000)
  • have significant business and personal assets ($A500,000)
  • have sufficient net assets to settle in Australia
  • have achieved a significant annual turnover in your business ($A500,000 for at least 2 of the last 4 fiscal years)
  • have direct and continuous management role in an overseas business
  • have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in management of that business
  • have no history of unacceptable business activities
  • are less than 45 years old
  • have vocational English

Business Owner (Residence) Visa

To make an application for the business owner (Residence) Visa, you will need to show that you:

  • holder of a Provisional Business Owner, State/Territory sponsored Business Owner, Senior Executive, State/Territory sponsored Senior executive, Investor, State/Territory sponsored Investor
  • You have had and continue to have an ownership interest in on or more main businesses in Australia for at least 2 years before application
  • have an ABN of each of these businesses and have submitted all Business Activity Statements to the Australian Taxation Office
  • During the 12 months before applying, the net value of your (or your and your spouse’s combined) assets in the main business(s) in Australia is at least A$100,000
  • In the 12 months before application, your business(s) together had a turnover of at least A$300,000
  • During the 12 months before applying, your (or your and your spouse’s) main business(s) employed at least 2 full-time (or equivalent) employees who are Australian Citizens, permanent residents or New Zealand passport holders and are not members of your family unit.
  • In the 12 months before application, the net value of your (or your and your spouse’s combined) personal and business assets in Australia has been at least A$250,000
  • No applicants have had a history of business or investment involvement that is not generally acceptable in Australia
  • Have been in Australia, holding one of the qualifying visas for at least one year in the 2 years before applying.

 

State Territory Sponsored Business Owner (Provisional) Visa

To make an application for the State Territory sponsored business owner (Provisional) Visa, you will need to show that you:

  • are sponsored by a State or Territory government
  • have an overall successful business career
  • have significant business and personal assets ($A250,000)
  • have achieved a significant annual turnover in your business ($A300,000) or have continuous employment record at senior level for at least 4 years
  • have sufficient net assets to settle in Australia
  • have direct and continuous management role in overseas business
  • have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in management of that business
  • have no history of unacceptable business activities
  • are less than 55 years old unless exceptional circumstances exist

State/Territory Sponsored Business Owner (Residence) Visa

To make an application for the State Territory sponsored business owner (Residence) Visa, you will need to show that you:

  • have been sponsored by the authority for that State/Territory
  • That you are the holder of a Provisional Business Owner, State/Territory sponsored Business Owner, Senior Executive, State/Territory sponsored Senior executive, Investor, State/Territory sponsored Investor, or an Independent Executive visa
  • have had and continue to have an ownership interest in on or more main businesses in Australia for at least 2 years before application
  •  have an ABN of each of these businesses and have submitted all Business Activity Statements to the Australian Taxation Office
  • Unless exceptional circumstances apply you must satisfy 2 or the following 3:
  • For the full 12 months before application your (or your and your spouse’s combined) main business(s) employed at least on full-time (or equivalent) employee who is an Australian Citizen, permanent resident or New Zealand passport holder and may not be a member of your family unit.
  • For the full 12 months before application, net value of your (or your and your spouse’s combined) personal and business assets in Australian has been at least A$250,000
  • For the full 12 months before application, the net value of your (or your and your spouse’s combined) assets in the main business(s) in Australia is at least A$75,000
  • In the 12 months before application, your business(s) together had a turnover of at least A$200,000
  • No applicants have had a history of business or investment involvement that is not generally acceptable in Australia
  • Have been in Australia, holding one of the qualifying visas for at least one year in the 2 years before applying.