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State/Territory Sponsored Business Owner (Provisional) |
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You must be sponsored by an appropriate
regional authority of a State or Territory Government
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:
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have
an ownership interest of at least 10% in a business;
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have
significant net assets in business ($A200,000);
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have
significant business and personal assets ($A500,000);
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have
sufficient net assets to settle in Australia; and
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have
achieved a significant annual turnover in your business ($A300,000);
You must further establish that you:
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have
a direct and continuous management role in an overseas business;
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have
a commitment to maintain an ownership interest in a business in
Australia and direct and continuous involvement in management of
that business;
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have
no history of unacceptable business activities;
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are
less than 55 years old; and
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have
vocational English.
Please note that the information about visas is in general terms. There
are many subclasses of visas that may be appropriate to your personal
and unique situation that we can advise you about . Furthermore , the
law concerning migration is subject to frequent amendment.
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