Business, Executive, and Investor

 
 


Business, Executive and Investor
 

General Requirements

Non-sponsored
1. Aged under 45
2. Vocational English,

Sponsored
1. Aged less than 55* (some flexibility existing for people over 55 to apply)
2. Generally no English Requirements**
3. Satisfactory business or investment background
4. Realistic Commitment to own and manage a business in Australia or maintain funds in the bond for 4 years.
*Some flexibility exists for people over 55 to apply
** Except in Victoria  the English requirement can be waived in certain circumstances.

Two stages:
1. Application for a 4 year temporary visa
2. Obtaining permanent residency during these 4 years.

Under the new Business Talent Visa, you must establish a business in Australia or participate in an existing business, and intend to manage the business on a day-to-day basis.
Successful applicants will be granted provisional visas. Permanent resident status will be granted if the provisional visa holder meets departmental requirements after they arrive in Australia.

Sponsored Classes:
Business Owner Visa
Additional requirements
Business turnover (i.e. sales) AU$300,000 in 2 of the last 4 years, OR you have held a Senior Management position in the company for the past 4 years.
Business Ownership10% OR you have held a Senior Management position in the company for the past 4 years.
Net personal and business assets AU$250,000 to establish and conduct your proposed business in Australia (additional assets may be required at the discretion of the sponsoring State or Territory.)

Temporary Residency (4 years)
If you do not meet the requirements of “business ownership”, but are a Senior Executive in a large corporation
Additional Requirements
Business turnover (ie sales) AU$10,000,000 in 2 of the last 4 years.
Net personal and business assets AU$250,000 (additional assets may be required at the discretion of the sponsoring State or Territory.)

Investor Visa
If you have a successful background as an investor, or as a business owner
Additional Requirements
An investment of minimum AU$750,000 in a State or Territory Government bond for 4 years
Business turnover (ie sales) AU$10,000,000 in 2 of the last 4 years.
Net personal and business assets AU$250,000 (additional assets may be required at the discretion of the sponsoring State or Territory.)
Your investment in the bond must be sourced from your investment or business activity.
Must have total assets in addition to the amount to be placed in the bond
.
Non-Sponsored Classes:
 
Business Owner Visa
Additional Requirements
Business Assets AU$200,000 in 2 of the last 4 years
Business turnover (ie sales) AU$500,000 in 2 of the last 4 years.
Net personal and business assets AU$500,000 (additional asset may be required at the discretion of the Department of Immigration.)

Senior Executive Visa
If you do not meet the requirements of ¨business ownership?, but are a Senior Executive in a large corporation.
Additional Requirements
Business turnover (ie sales) AU$50,000,000 in 2 of the last 4 years.
Net personal and business assets AU$500,000 (additional asset may be required at the discretion of the Department of Immigration.)

Investor Visa ?
If you have a successful background as an investor, or as a business owner
Additional requirements:
An investment of A$1,500,000 in a State or Territory Government bond for 4 years
Your investment in the bond must be sourced from your investment or business activity.
Must have total assets of at least A$2,225,000 (including the bond, ie you must have at least A$750,000 remaining assets after you invest in the bond.)

 


 
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