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Outlined below is general information about the process of
acquiring permanent residence under the Business Skills Migration
stream:
BUSINESS OWNER
- Applicant has a successful business career.
- Applicant has an ownership interest in a business.
- Applicant has substantial net assets in a business.
- Applicant has substantial net assets to settle in Australia.
- Applicant has achieved a significant annual turnover in the business.
- Applicant has direct and continuous management role in overseas business.
- Applicant commits to maintain an ownership interest in the business in Australia.
- Applicant has an acceptable business conduct history.
- Applicant has vocational English language ability.
- Aged less than 45 years.
- Applicant meets health and character tests.
- Applicant can be sponsored by a State or Territory government.
- After at least 2 years, the applicant can apply for the Business Skills Residence visa provided the applicant has an ownership interest in a business for at least 2 years and employs Australian workers in the business.
SENIOR
EXECUTIVE
- Applicant must have
a successful business career.
- Employed in one of
the top 3 levels of management of a major business.
- Applicant has substantial business
and personal assets and substantial net assets for settlement
in Australia.
- Applicant has a commitment to
maintain an ownership interest and direct involvement in that
business.
- Applicant has an acceptable
business conduct history.
- Aged less than 45
years.
- Applicant has vocational
English language ability.
- Applicant meets health
and character tests.
- Applicant can be sponsored
by a State or Territory government.
- After about 2 years
of operating a business in Australia, Applicant is eligible to
apply for a permanent residence visa.
INVESTOR
- Applicant must have a successful record of business or investment management.
- Applicant must be willing to
make an investment in a government approved Designated
Investment for 4 years
- Applicant has substantial business and
personal assets and substantial net assets for settlement in Australia.
- Applicant has an acceptable business conduct
history.
- Aged less than 45 years.
- Applicant has vocational English language.
ability
- Applicant meets health and
character tests.
- Applicant can be sponsored by a
State or Territory government and intend to live in that State or
Territory.
- Applicant can apply for permanent residence provided that the Applicant has maintained the
Designated Investment for 4 years.
BUSINESS
TALENT
- The Business Talent visa enables
high calibre business people to be granted permanent residence in
the first instance. There is no requirement for a provisional visa.
- Applicant must be sponsored by a
State or Territory government.
- Applicant has a successful business
career.
- Applicant has substantial net assets in a
business and substantial personal assets for settlement in Australia.
- Applicant has achieved a substantial
annual turnover in the business
- Applicant commits to maintain an
ownership interest in the business in Australia, and direct
management.
- Applicant has an acceptable business conduct
history.
- Aged less than 55 years.
- Applicant meets health and
character tests.
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Business Owner
