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A Business Owner must first apply for one of the following provisional
visa categories:
Upon successfully applying for one for the above provisional visas, a 4
year visa will be granted. A Business Owner can then apply for one of the
following permanent visa categories upon meeting all the relevant requirements:
To make an application for the Business Owner (Provisional) visa, you
will need to show that you have an overall successful business career, and, in at least two of the last four fiscal years you:
- 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; and
- have achieved a significant annual turnover in your business
($A500,000).
You must further establish that you:
- have a direct and continuous management role in an overseas business;
- have a commitment to maintain an ownership interest in a business in
Australia and direct and continuous involvement in management of that
business;
- have no history of unacceptable business activities;
- are less than 45 years old; and
- have vocational English.
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To make an application for the State Territory Sponsored Business Owner
(Provisional) visa, you will need to show that you are sponsored by a state or territory government, and that you have an overall successful business career, and, in at least two of the last four fiscal years you:
- have significant business and personal assets ($A250,000); and
- have achieved a significant annual turnover in your business
($A300,000) or have continuous employment record at senior level for at
least 4 years.
You must further establish:
- 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; and
- are less than 55 years old unless exceptional circumstances exist.
If you meet the above requirements and would like to
apply,
we invite you to contact Dr Etienne Hugo or Rania Skaros.
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