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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.
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