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.