Australian Business Owner (provisional)
You have to meet the criteria for either the Provisional or State Sponsored Provisional Visa
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Provisional |
State / Territory sponsored |
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You have notified the appropriate State regional authority of your business history and intentions to develop a business in that state |
Must be sponsored by an appropriate regional authority of a State or Territory Government |
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Had an overall successful business career |
Had an overall successful business career |
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For at least 2 of the last 4 fiscal years immediately before application is made, you had an ownership interest in a main business, or main businesses (2), with an annual turnover of at least A$ 500 000 (each year) |
For at least 2 of the last 4 fiscal years immediately before application is made, you had an ownership interest in a main business, or main businesses (2), with an annual turnover of at least A$ 300 000 (each year) |
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For at least 2 of the last 4 fiscal years immediately before the application is made, you (or you and your spouse together) have net assets in a qualifying business of at least A$ 200 000 |
You had a sound continuous business employment record in a senior executive management role in a qualifying business for at least the 4 years before application is made, and you have demonstrated a high level of management skill |
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Your business and personal assets (including your spouse) have a net value of at least A$ 500 000 which are available for the conduct or establishment of a business in Australia and are lawfully acquired and available for transfer to Australia within 2 years of the grant of your visa. |
Your business and personal assets (including your spouse) have a net value of at least A$ 250 000 which are available for the conduct or establishment of a business in Australia and are lawfully acquired and available for transfer to Australia within 2 years of the grant of your visa. |
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You have vocational English |
You must in addition to the above, also demonstrate that you have A$ 50 000 available to settle in Australia |
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You are aged less than 45 at time of application |
You are aged less than 55 at time of application or you have proposed to establish or participate in a business that the specific state has determined is of exceptional economic benefit to the state or territory |
- You have not been engaged in a business where the provision of professional or technical or trade services took up more than 50% of your time
- Neither you or your spouse have a history of involvement in a business or investment activities not a nature not generally acceptable in Australia
- You have a genuine and realistic commitment to establish or participate actively in a qualifying business in Australia and to maintain and hold a substantial ownership level.
- You have demonstrated that there is a need to be temporarily in Australia to conduct or establish the proposed business activity
